Author: Les Schreiber
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Economics Works
Now that Jim and his great family are enjoying a break on the OBX, I thought some far Left stories from the New York Times might brighten his day. I retired from teaching at the end of the 2008-09 school year. That was right in the middle of the financial crisis. Unlike Goldman Sachs, which…
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Comments on a Book Review
Yesterday, on this site, a book entitled “Ethics and Economics ,” authored by Mr. Wight,was discussed. The review raised a few points that were a bit unclear to me. One of the points made was that the government lacks knowledge about society. This is a bit surprising since the Bureau of Labor Statistics,…
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Something to Think About
Last week I was reading in the New York Times an article on Jeb Bush’s plans for the economy. One of his talking points was to reduce the federal workforce by 10%. For a state as dependent on the Feds as Virginia, this could have serious financial implications. Already, in the CNBC rankings as the…
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A New Book On Recent Virginia History
Without trying to upset anyone, I can report that the dreaded left-leaning NYT has a book review that may interest some readers of this site. “Something Must Be Done About Prince Edward County” is reviewed in Sunday’s book review. The book,by Richmond resident Kristen Green is the story of how and why Prince Edward closed its…
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Who Are They To Hate Now?
Virginia’s GOP has suffered some significant loses over the past few days. The “Stars and Bars” have become toxic, Roe v Wade is still the law of the land, the Affordable Care Act has again been ruled Constitutional by the Supremes and gay marriage is the law of the land. Isn’t it time for fauxconomist…
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Coal Business
For those looking for something to do on a hot Sunday, have a look at the business section of today’s New York Times. On the first business page there is a very “interesting” article concerning Richmond based Massey Energy and Don Blankenship . The story told is not a pretty one and led to the…
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Who Are the Real Fiscal Conservatives?
Paul Volcker is one of the real heroes of the modern economic profession. During the late 1970’s and early 1980’s he conquered the “Great Inflation” by taming the growth of the money supply. Interest rates rose to levels unprecedented in modern American history. During my time in charge of cash management at AIG, I bought…
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Is This Guy For Real??
Please go to Salon. a liberal website, and read the story about an interview given by Dave Bratt on immigration. This is so over the top for 2015 . — Les Schreiber
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Think Competition Isn't Important?
The recently shuttered Westbury Pharmacy was a compounding pharmacy. These institutions make up drugs per the instructions of a doctor when a special medicine is needed for an unique problem. A member of my family was a patient and the charge was $200 per refill. Now that Westbury is out of business, South River Compounding…
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The New Republican Wardrobe for Spring: Wooden Shoes and White Sheets
As I was researching the N Y Daily News web site yesterday, for a reason why the Yankees keep winning with a line up of virtual unknowns, I ran across an interesting article: Geert Wilders has been invited to speak at a G.O.P. event in Palm Beach Florida. For those who don’t follow Dutch politics, Wilders…