American Courts Possessed by the Spirit of Kuvera

Argentina will miss a bond payment today thanks to a U.S. court. Argentina had the funds set aside to make this payment, but when they were transferred to the bond trustee, a U.S. District Court judge, Thomas Griesa, ordered the payment sent back. He stated that his ruling will allow the parties to ‘negotiate’. What…

Argentina: The Supreme Court’s Wicked Decision

The U.S. Supreme Court’s ruling that Argentina must pay hedge funds that refused to compromise on repayment of Argentinean bonds should be all the evidence Americans need that the Supreme Court is out of control. Many were jarred awake by the Roberts Court’s ruling in favor of Citizens United. However, efforts to remedy the problem…

My Brother’s Keeper and The Letter

There are several criticisms of the My Brother’s Keeper initiative, but they are not what I want to talk about here. I think the most meaningful part of this discussion is a letter to President Obama voicing concerns about his initiative and signed by 200 black men. Yes, it’s another criticism, but the thing I…

Fear and Loathing at ASU

In 2000 I took a required class in security analysis at ASU from John Cesta. I’m not an expert analyst by any means, but I learned how to use the formulas to calculate a given problem. We turned our homework in on floppy disks, which were returned to us after they were graded. Mr. Cesta…