Partners - Stock market, economic and political commentary by Patricia Chadwick

Archive for May, 2009

Monopoly Pricing and Monopolistic Malfeasance in a Recession

Tuesday, May 26th, 2009

Lo and behold a couple of weeks ago, some of the channels on my TV stopped working. I realized it when I tried to watch MSNBC’s Morning Joe, a simply must have for me first thing in the morning – great guests, good politics and economics and lots of humor. Clicking around, I realized that I had also lost a lot of other channels and none of them did I think of as premium rate channels. They included A&E, Lifetime, Bravo, the History Channel, C-Span and some silly paid programming channels. I couldn’t make rhyme or reason of the selection, but one thing was certain – I am sure that those channels come with the basic coverage. The odd thing was that a couple of other televisions I have did not have any missing channels. But I’m not a big TV watcher, so I didn’t pay much attention to this difference in reception.


The Serotonin of Savings

Monday, May 11th, 2009

Or put another way – Saving is the new spending in the United States.

After several decades of Americans being the world’s consummate and most profligate spenders, we appear to have developed (all of a sudden in just the last few months) a serious fancy for saving. This phenomenon is most evident in the Baby Boomer generation, those of us who were reared by frugal parents who themselves were reared during the Great Depression by parents, many of whom themselves were truly struggling to survive.