"Why we keep falling for financial scams"

Posted by Jason Apollo Voss on Jan 5, 2009 in Blog | 0 comments Hello again, There is a fairly good article in Monday’s Wall Street Journal called, “Why We Keep Falling For Financial Scams.” I wanted to excerpt a portion of the piece written by Stephen Greenspan (no relation to Alan) as a form of public service. Here goes… “Financial scams are just one of the many forms of human gullibility — along with war (the Trojan...
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Forum failing

Posted by Jason Apollo Voss on Jan 5, 2009 in Blog | 0 comments The Wall Street Journal reported today about the proceedings of the American Economic Association from this past weekend. The article was entitled, “Experts’ Rx on How to Get Out of This Mess.” The story quoted 11 eminent economists as to their opinion of what needs to be done to turn the U.S. economy around. I am assuming that each of these 11 gave comprehensive interviews or...
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Idiot Russian professor

Posted by Jason Apollo Voss on Jan 2, 2009 in Blog | 0 comments You may have seen the story that has been running in the Wall Street Journal for the last week or so about a Russian college professor, ex-KGB, that has been predicting the demise of the United States by 2010. He has been making these predictions since 1998. This has been the top “most read” story for about 7 days on the WSJ. While I believe that the United States, and 1st World...
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Confidence, consumer style

Posted by Jason Apollo Voss on Dec 30, 2008 in Blog | 0 comments It may seem strange but today’s report that consumer confidence hit an all-time low, as measured by the Conference Board, is actually a strong sign that the economy is recovering. How could I say such a preposterous thing? The answer is that generally consumers respond very slowly to economic news. That’s a broad-brush way of saying that most consumers respond to economic news rather...
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When it all breaks down

Posted by Jason Apollo Voss on Dec 25, 2008 in Blog | 2 comments I know, I know, no postings for a week and then an explosion. Last minute Holiday shopping, people traveling, blizzards, appliance malfunctionings, etc. has prevented me from posting what has needed to be posted. But I didn’t stop paying attention or thinking or feeling about the world. This posting is again about the need for the economy, any economy, to exist within an ethical system...
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Re-fi hits hi-fi

Posted by Jason Apollo Voss on Dec 25, 2008 in Blog | 0 comments Today CNN is reporting that a refinancing boom has swept the country. In my household we are considering approaching our mortgager to refinance our house. Are you doing the same in your household? The reason that this is relevant is that low interest rates are inducing exactly what they are supposed to induce: economic activity and liquidity flow. As you all know, the American economic system...
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Little drummer boys

Posted by Jason Apollo Voss on Dec 25, 2008 in Blog | 0 comments Happy Holidays Everyone! Since ’tis the season I thought I would lighten things up for the first time in a long while and make a post about amazing drummers whose playing I love and admire. Without further delay… Favorite drummers: Ginger Baker: The original drummer for the 60s power trio, Cream. He has gone on to have a scintillating solo career, too. Some of his best work can be...
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