Poor Joe Biden.  This guy is smart, charismatic, and truly loves his country.  But like our current president, he should never be in a leadership position.  The problem with campaigning politicians is they are forced to talk to people all day.  Eventually they lose control and just start talking nonsense.  McCain has done it, Obama […]

This was a Weakonomics week for the ages.
First we hear about Fannie and Freddie basically being nationalized. A post is coming next week
Then the middle of the weak Lehmen Brothers goes up in flames.
The week ended with Ike hitting Texas, with the media claiming damage at first at $100 billion. This morning […]

Over the weekend, The Weakonomist was as busy as Fox News Team Politics at the GOP Convention.  Only I was doing something productive and I don’t have my lips attached to the rear-end of the party.  See I hired a polling company that had some spare time in between asking us every other day if […]

Summer 2004:
Here in New Orleans everything is great.  We’ve got a great tourism industry, the Superdome, and a vibrant economy.  We don’t have to worry too much about hurricanes because of the sophisticated levee system constructed in 1850 by beavers and not since kept up.  Living under sea level is great!
Summer 2005:

Oh………. $#!+
Summer 2006:

[…]

With half of the country being fully energized by “hope” and “change”, no wonder our demand for gasoline is down almost 9% from last year.  On Thursday, August 28th, 2008, Barack Obama accepted the nomination for president from the Democratic Party.  Still a relatively young and strapping gent, Obama worked hard to get his name […]

Last Friday, Barack Obama announced Joe Biden will be his backup VP via text message.  A great little scheme to get the phone numbers and email addresses of millions of Americans.  It didn’t work as fluidly as the committee of people hoping to get a job if Obama is elected Obama Campaign had hoped.  But […]

This morning you read about the commissioned study from CreditCards.com and hopefully you went to read the article from Yahoo! Finance.  If you didn’t then you should now.  We aren’t going to analyze the results this time and instead analyze the analysis.  Surely you’ve read about how the media manipulates statistics to sensationalize results.  This […]

As June came to a close, I decided to put together a timeline of the first 6 months of this year.  It includes events for this website, economic news, and random commentary.  There are a ton of links so there’s plenty for you to read today.

January 14 - National average price for a gallon of […]

The definition for Hypothesis is:
A tentative assumption made in order to draw out and test its logical or empirical consequences.
The definition for Theory is:
A plausible or scientifically acceptable general principle or body of principles offered to explain phenomena.
My definition for Hypotheory is:
An assumption formulated from the presence of facts that, despite not being tested, becomes […]

Usually I want my weekend editions to not have anything to do with money.  Today it is.  Andrew Horowitz (aka The Disciplined Investor) was presented to me by the wonderful personalities at TWiT.  TWiT is my 2nd favorite podcast behind Buzz Out Loud, both are technology related.  Andrew Horowitz is a money manager that wrote […]