Verily I Say Unto Thee... archive
Category : Business

Financing Is Cheaper! (Said Someone Who Was Mistaken)

We as a society might be in much worse shape than I thought. While I’m not a financial wizard, I do understand simple mathematical concepts like interest rates. Perhaps I shouldn’t have assumed that everyone understands this. 2016 Kia Soul Pictured here is the vehicle in question. (Copyright © 2017 by Wil C. Fry.) The[…]

The Inherent Flaw In ‘Religious Freedom’ Laws

The past several years have seen a slew of “religious freedom” laws popping up — mostly in state governments, though a few arose at the federal level. Still In The News The “religious freedom” laws attempted in various states are an effort to head off court cases like the one mentioned in this story, about[…]

Wealth And Income Inequality: What Are We Really Talking About?

Wealth inequality in Europe and the U.S., 1810-2010 (Source — .pdf, 1.2MB) The more I learn about wealth and income inequality, the more I realize I didn’t know — and still don’t know — and the more it’s obvious that many other people don’t know. Rampant confusion reigns. In my observation, most laypersons don’t understand[…]

Mean Vs. Median

Categories: Fact Check, Finances
Comments: No Comments
Published on: 2017.02.12

Not everyone deals with math every day, and that’s fine. Most people don’t need to know the following in their day-to-day lives. However, I write this entry so I can link to it from other entries that mention “mean”, “average”, or “median”. Most of us see these terms only in news stories about the economy:[…]

Why There Will Be Another Economic Collapse

Part of Manhattan, as seen from Ellis Island Many of the world’s finance firms are headquartered here (Copyright © 2006 by Wil C. Fry.) Reading the histories of economic crises in U.S. history is kind of like watching a merry-go-round or carousel. The same exact initial characteristics keep showing up, followed by the same economic[…]

No To Minimum Wage, Because: Soldiers

An actual letter to the editor Click image to see larger Click here to see source This one isn’t actually a “meme”, per se, but it is being shared as one on social media, so I’ll have a go at it in this edition of Silly Meme Saturday. (Click the image at right to see[…]

No, I Don’t Think We Should Tax Churches

There is a small (but growing) movement afoot in the U.S. that calls for taxing churches and religious organizations. Earlier this year, Time Magazine ran an op-ed titled “Now’s The Time To End Tax Exemptions For Religious Institutions”, something Slate argued at least two years ago. In the Washington Post, a 2013 story claims church[…]

What’s The Difference? It’s Easy To Spot.

In light of my recent entry about Kim Davis, the Rowan County (Ky.) clerk refusing to issue marriage licenses despite a court order, someone contacted me with this message: “Wil, did you see this post? Does Kim Davis lose her religious rights just because she is a public servant?” The post they linked to (on[…]

Big Data Can’t Make You Buy Things

The “Future Shop”, Montreal (Copyright © 2009 by Wil C. Fry.) When the Guardian posted this opinion piece in late June, its intent was apparently to scare readers with news that advertisers and police forces are already using ever-improving facial recognition technology. “It is increasingly being deployed all around the United States by giant tech[…]

My Observations On Regulations

Categories: Business, Politics
Comments: 4 Comments
Published on: 2015.02.10

Maybe It’s Time Yahoo! Tried Something Different

Categories: Business, Internet, InTheNews
Comments: 2 Comments
Published on: 2014.12.21

The New York Times (which I read rarely these days due to the paywall¹) published a few days ago a lengthy historical retrospective on Yahoo!, focusing on Marissa Mayer’s attempts to turn the company around and return to the “Top Four”. The conclusion of the piece is that maybe Yahoo! should “act its age”. Few[…]

A Bad Review Of No-Bad-Review Clauses

Categories: Business
Comments: No Comments
Published on: 2014.11.30

Check carefully the next time you sign a contract with a business, whether it’s a hotel, a wedding photographer, an online sales site, or (someday) anything else. There appears to be a rash of “Non-disparagement clauses”, also known as “no bad review agreements”. I first heard of this on a photography blog where a former[…]

What’s The Opposite Of Robin Hood?

A recent study on corporate taxes and CEO salaries found that seven of the U.S.’s 30 largest corporations are paying their CEOs higher amounts than the companies’ entire tax bills. Boeing, Ford Motor Company, Chevron, Citigroup, Verizon, JPMorgan Chase & Co, and General Motors were the seven companies named, which reported more than $74 billion[…]

Tesla Decisions Highlight Political Hypocrisy

Light traffic in Dallas, Texas (Copyright © 2010 by Wil C. Fry.) Republicans, especially in Texas, love to tout their record for deregulation and removing government influence from the free market — despite a very solid reputation for helping only their rich buddies. The Texas Miracle is a good example of this. Texas has the[…]

I’m In The Top 1%?

Categories: Fact Check, Finances, Poverty
Comments: No Comments
Published on: 2014.09.30

Money (Copyright © 2006 by Wil C. Fry. Some rights reserved.)   On Facebook, my sister linked to a cartoon series that insinuated we U.S.ians are the “top 1%”, after quoting Jesus from Matthew 19:23-24 (rich folks and a camel through the eye of a needle). So I looked it up (the cartoon didn’t list[…]

How I Lost Faith In The Free Market (short version)

(This is the short version. Click here to read the long version, complete with illustrations, dozens of links, and a lot more words.) Though I grew up believing in free market capitalism, I’m not such a big fan now. Though the “supply and demand” principle is difficult to refute, the market itself doesn’t always have[…]

How I Lost Faith In The Free Market (long version)

(This is the long version. Click here to read the short version.) Money (Copyright © 2005 by Wil C. Fry.) Probably like many youngsters in the U.S., I grew up hearing adults extol the virtues of the “free market” and “capitalism” — I’m now convinced this was in reaction to our sworn enemies, the Communists.[…]

Is It Amazon Or The Patent Office That’s Gone Crazy?

Photo with a seamless white background (Copyright © 2012 by Wil C. Fry.) In 2001, internet sales giant Amazon filed for a patent — as large companies are wont to do, but this time it was for a process rather than a device, and startlingly, for a process that’s relatively common and has been for[…]

6 Myths About Daylight Saving Time

If you’ve been keeping up, Daylight Saving Time is one of my pet peeves. We began the farce again early this morning. One reason we keep doing it is because governments are loathe to undo anything they’ve done, no matter how silly it later turns out to be. Another reason, I suspect, is that media[…]

Radio Shack Lost This Round

Categories: Business, InTheNews, Religion
Comments: No Comments
Published on: 2014.03.05

Radio Shack will soon be closing more than a thousand stores after the company “experienced poor performance during the holiday season.” I’m sure the American Family Association is happy about this. Remember their boycott? The AFA site hasn’t yet been updated to include Radio Shack’s admission of weak holiday sales, but I have no doubt[…]

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