Economy

It’s All the King’s Land

April 5, 2019

We have many fictions in our society that are not true but regarded as such. The parable of the Emperor’s New Clothes is sadly more the case than not. One such fiction in our society is private property and/or home ownership. Folks you don’t really own your home or the land that it sits on; […]

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The Ballad of a Jerk

April 2, 2019

The Chief takes another scalp in this real-life story of how a jerk reacted to not getting his fries piping hot at a local Red Robin Gourmet Burgers in Elk Grove. The jerk was unhappy about not getting his fries piping hot as described above, so how does he react? Well like any other irrational […]

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Kraft Heinz Co is Melting Down

March 29, 2019

Kraft Heinz Co reported earnings February 21st and the results were well, not great, Sales were up, but they literally cooked the books as far as compliance goes, slashed the dividend, and wrote down the value of their products. Before I break down that long sentence I’ll give a little background. Heinz was bought out […]

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Economic Illiteracy on Tax Cut

March 15, 2019

Taxes were cut under the Trump plan. However, because of how it was done, some folks out there are pushing the lie that Trump actually raised taxes on everyone but the rich. Here is yet another example, this time from Reuters. NEW YORK (Reuters) – Only one in five U.S. taxpayers expect to pay less […]

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90-Day Calendar Mentality

March 13, 2019

Once upon a time, many in the West were fond of quoting the proverb, “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.” A biblical admonition also comes to mind “without a vision, the people perish.” Both proverbs contrast the […]

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Conversations with the Naïve III

March 8, 2019

Wow, do we have a great one this week, coming live from Safeway in Elk Grove on a Thursday at noon. While traversing the aisles of said grocery store, I was grabbed by an older lady, around 70. On occasion the thought of being grabbed by an older woman may have its appeal but this […]

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Tesla Stock Tanks

March 1, 2019

Facing a cash payment of over $900,000,000 that is due and payable today (March 1st), yesterday Elon Musk took to Twitter and announced that Tesla was reshuffling the deck chairs. Tesla announced that they were eliminating their brick and mortar showrooms and opting for an online only purchasing option. Buy now and take delivery in […]

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Carma-geddon or Car-mageddon?

February 20, 2019

William, the Blog Father, and I met for lunch a couple years ago and both us had our “tin foil hats on” according to the cheerleaders of this disaster of an economy. A ton of issues were discussed but one item I brought up could reign supreme very soon, the topic of the car loan […]

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Johnnie Does Firehouse Subs

February 17, 2019

Recently, I found myself at a chain restaurant called Firehouse Subs. I have visited this location twice, both unannounced. Here is my full report and experience. The Firehouse Subs location that I visited was on Truxel Road in north Sacramento County. Upon walking in, a crew leader or watchperson calls out “12, 10…3..2..1”…..and every employee […]

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Financial Literacy is at an All Time Low

February 14, 2019

While conversing with an old college friend the topic of money and debts came up, my degree being in finance I offered to lend a hand. My friend also graduated with a degree in finance from the same college I did. My friend told me she was barely making ends meet. She is single and […]

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