Graffiti: Ruminations on political and economic life.

"Perhaps the sentiments put forth here are not yet sufficiently fashionable to procure them general favor. A long habit of not thinking a thing wrong gives it a superficial appearance of being right, and raises at first a formidable outcry in defense of custom. But the tumult soon subsides. Time makes more converts than reason." --Thomas Paine

Wednesday, April 26, 2023

Is any bank small enough to fail anymore?

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In a blink of an eye, it was over. For a minute there, it seemed like the collapse of Silicon Valley Bank was going to consume us. Now, just...
Friday, March 03, 2023

Red States aren't victims, they're flush with Blue State money .

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Marjorie Taylor Greene thinks it is time for red states and blue states to go their separate ways. “Everyone I talk to says this,” she tw...
Sunday, February 12, 2023

Sarah Sanders is right, Republicans have to chose: normal or crazy

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What is the state of our union? If you look at traditional economic metrics, things are humming along. We have emerged from a pandemic, have...
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