Some Common Cents for December 20th 2013

December 23, 2013, by John Norris

Whenever you question the validity of a contemporary phenomenon, you run the risk of people calling you a old fuddy duddy, Luddite, or worse. Perhaps you are “old school,” or “behind the times.” Regardless, not accepting the “wave of the future” is often bad for your reputation, in the short-run. Be that as it may, I simply can’t get my arms around Bitcoin, and why so many think it is such a swell idea. Oh,...

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Some Common Cents for December 13th 2013

December 16, 2013, by John Norris

Some years ago, I was at the Walt Disney World complex. At the time, Mickey was hard at work selling “remastered animation cels” for what I considered a princely sum, and there seemed to be no shortage of takers. Being a clever mouse, he bandied about the words “rare” and “collectible” like nobody’s business, and the hoi polloi gladly forked over their hard earned money for, what, 1/5,000,000th of a direct to video animated picture....

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Some Common Cents for December 6th 2013

December 9, 2013, by John Norris

  This morning the Bureau of Labor Statistics (BLS) announced the US economy created 203K net, new non-farm payroll jobs during November 2013. While I would stop short of calling it an awesome release, or at least as awesome as the folks on TV are calling it, the Unemployment Rate fell; the Labor Force Participation rate went up; hours worked ticked up a little, as did hourly earnings; job growth was a little more evenly...

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