Professor’s Classroom

Hiya Class! Today’s lesson is one question.

Who was the last president to have an immediate family member fight in a war?

(Waiting…..Waiting)

Immigration 101

WOW! We have a proposal for the immigration problem–the Congress is mashing out a compromise, probably as we speak. Opponents on both sides will not like it–that’s politics. All pundits have there stances and the common man has his/her stance, whether good or bad, they listen to people like Lou Dobbs. Who, BTW, if there is ever an immigration deal hammered, will have nothing to say and he may slip into obsurity as did the show “Crossfire”.

There is a simple way to look at the problem and somewhere an economist is preparing a multi-page diatribe, citing every known axiom, law and whatever else he can find to dispute my simple explanation. Read them if you want a good sleeping pill. But regardless, there is a simple explanation to what will happen.

NO BEES + NO IMMIGRANTS = NO FOOD!

I suggest that you prepare for the worse. If you like to eat, then I suggest that you redo your budget for the grocery bite will be heavy.

CHUQ

Economic Classroom

Let see, the Wall Street journal, et al are thumping their chests at the direction of the economy; they say it is good and strong. That is probably true for those who read the Journal. I will offer my opinion and I realize that somewhere, someone will write a 4 page diaribe citing all the economic theroms, axioms, laws, do-dahs and yadas, to illustrate why the the economy is strong. To that I say, Bully! But to Joe Q. Public it will not appear the rosy picture they paint.

Since most reporting is done piecemeal so not to really effect markets, one must wait through an entire month of rosy predictions to get to the grits and the gravy. For instance there is about 4% unemployment–that is good news, but for those who have falling off the emplyment roles and those who have not found a job; the news is not so good.

here we go, WalMart, Target, etc sales are down, while Tiffany’s, Bloomingdales, etc are up. If you closely at that, you will see where the poor shop is down, basic meaning they have NO money after necessities. While the spots the rich go shopping at are up, basic meaning they have more disposable income.

You may not agree with my analysis, your choice, but I suggest that you ask someone besides people who depend on the Markets for their employment, what life is really like. They will most likely say to a person, “poor get poorer and the rich get richer”.

CHUQ

19/05/07