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Posts published by “Rich Blake”

Economic Policy

In my opinion, the Feds lowering or raising of their rate to banks is more symbolic than the impact it has on the economy. I'm not saying this activity doesn't have an impact, financially, I'm saying it also has a psychological impact as well, that extends beyond the banking system.

The Red Lights Are Flashing

We are way past a constitutional crisis. I didn’t expect Trump to be removed from office but the impeachment trial, if you want to call it that, put the country at DEFCON 1, as a democracy. DEFCON stands for Defense (DEF) readiness Condition (CON). DEFCON 5 is the normal peacetime condition and DEFCON 1 is when we are on the brink of war, like nuclear war.