Tag Archives: Rant

The Law of Diminishing Marginal Utility and Debt Repayment

The Law of Diminishing Marginal Utility and Debt Repayment

Law of Diminishing Marginal Utility I got on the subject of Law of diminishing Marginal Utility with The Wife today, a theory which I was able to explain to her today in english.  Despite it being an economic theory (read: usually hard) it is quite easy to understand.   First thing is first – utility means satisfaction.  Investopedia defines the Law

Foreclosures aren’t Everyone’s Problem

Foreclosures aren’t Everyone’s Problem

Whenever the mainstream news starts making think in terms of absolutes, I know something is wrong…so I quickly load up Cato.org.  As always, Cato Institute Author, Alan Reynolds provides a fresh view on something the main stream news outlets either don’t see or don’t want to bring up.  I have written about a Mr. Reynolds

Where are your Tax Dollars Going?

Where are your Tax Dollars Going?

I am not sure how I feel about the idea of TARP which wikipedia defines as, TARP allows the United States Department of the Treasury to purchase or insure up to $700 billion of “troubled” assets. “Troubled assets” are defined as “(A) residential or commercial mortgages and any securities, obligations, or other instruments that are

Increase Federal Taxation on Gas? What the Hell!

Increase Federal Taxation on Gas? What the Hell!

This is not so much a personal finance post but rather a rant about those ridiculous people in Washington which will eventually affect every reader’s wallet.  I am not sure where I heard it first but it seems that some smart people in Washington think nowis the time to increase the federally imposed tax on each gallon