Emperor’s New Clothes – An Independent Assessment

Reminiscent of a Stasi leg-breaking, Argentina persecuted economists for publishing inflation estimates that exceed the banana republic’s official estimates.  Encouraged by those soul-mate vaqueros, Italian politicians started a regulatory shootout with S&P and Moodys for publicly saying a downgrade may result from Italy’s excessive levels of sovereign debt.  The spaghetti western ended a few days […]

If You Want to Reduce the Federal Deficit, Try Cutting Government Waste: The Case of Mainframes

“We are going to go through our federal budget, as I promised during the campaign, page by page, line by line, eliminating those programs we don’t need and insisting that those that we do need operate in a sensible, cost-effective way.” — President-Elect Obama, November 25, 2008      Introduction: Mainframe Waste As far back as […]

ACI Survey: Most Consumers Say The Economy Is Worse Today Than Last Year and Expect To Spend Less This Holiday Season

Washington, DC, December 16, 2009 –– In a nationwide survey conducted by the American Consumer Institute Center for Citizen Research (ACI), 60% of consumers say that the economy is worse than it was a year ago, while 17% believe the economic is about the same and only 22% believe the economy is either better.  The […]

Listen to ACI Experts Talk about Credit Card Fees and Their Impact as Consumers Deal With Holiday Spending

On December 3, 2009, ACI Experts Dr. Larry F. Darby and Dr. Joseph Fuhr, Jr. discuss the effects of hidden credit card fees on consumers and retail merchants.  Click here to here the entire audio. call-audio1