System isn’t federal, and there’s no reserve

Headlines about the Federal Reserve coming to the economic rescue of the United States have dominated media. Consumers can tell the economy isn’t healthy because they pay increasing amounts for such necessities as fuel, groceries, housing and utilities. Headlines would have people believe the Federal Reserve can solve the problem. That confidence might be misplaced, […]

What’s the big idea? And what are you going to do about it?

Where do ideas come from? It’s a question as likely to evoke answers as pregnant with possibilities as that other question children sometimes ask about babies. Do ideas spring forth in our dreams? Are they more likely to emerge while we’re taking a shower? Or are ideas the result of the connections our minds complete […]

It’s not just what they report, but what they don’t

There was a movie back in the 1990s titled “Sneakers” in which a coded message that’s finally decoded reads, “Too many secrets.”  As I look at government and the media today, the newest public relations version of secrets come in the form of what the media chooses to report and refuses to report. And the […]

Hail to the new chamber chief

At the risk of further wearing well-worn idioms, Candace Carnahan has some big shoes to fill as the new president and chief executive officer of the Grand Junction Area Chamber of Commerce. But if anyone is well-suited to follow in the footsteps of Diane Schwenke after her more than 30 years of work at the […]

Study confirms big rec effects

One of the biggest attractions to working and living in the Grand Valley — or visiting here, for that matter — is the opportunity to play in the Grand Valley. Scenic trails not only abound, but also await uncrowded only minutes away. For those who don’t want to walk, hike or bike, there’s boating and […]

Hispanic Heritage Month also celebrates business successes

Each year from Sept. 15 to Oct. 15, Americans celebrate National Hispanic Heritage Month as a time to recognize the many contributions, diverse cultures and extensive histories of the American Latino community.  More Hispanics than ever before are seizing opportunities to start businesses. The fastest growing segment of the United States population, they own and […]

Consequences of going green could prove disastrous

Journalist and author Henry Hazlitt offered in his book “Economics in One Lesson” this insight. “The art of economics consists in looking not merely at the immediate, but at the longer effects of any act or policy,” Hazlitt wrote. “It consists in tracing the consequences of that policy not merely for one group, but for […]

Does the Fed actually know what it’s doing?

Federal Reserve Chairman Jerome Powell took part in an interesting discussion, courtesy of the Cato Institute, about monetary policy. A few points jumped out and raised questions in my mind as to whether or not the Fed has any idea as to what it’s doing and what are the effects of monetary policy. First, the […]

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