October 2018 / Inequality has now reached levels not seen since 1929, the year the Great Depression began, and stands to get even worse. — Chris Hughes, Fair Shot I recently attended a Community Board meeting having to do with Waterside Plaza in the Kips Bay section of Manhattan. For the uninitiated, Waterside Plaza was built on a landfill brought to the U.S. as ships’ ballast from the...
September 2018 / We are all so guilty at the way we have allowed the world around us to become more ugly and tasteless every year that we surrender to terror and steep ourselves in it. — Norman Mailer If I may be permitted to comment on national politics later in this piece, it’s because the real relevancy of it will become clearer as we plunge further into unchartered waters toward the...
JUNE-JULY 2018 / A pity they both can’t lose. — comment on the Iran-Iraq War attributed to Henry Kissinger Despite Henry Kissinger’s almost poetic musings on the geopolitics of oil, the harsh reality remains that crude oil has risen around 10 percent in price since the beginning of 2018, far surpassing estimates of most oil experts in and out of Wall Street. Meanwhile, the business...
November-December 2015 / In this essay we begin with a critique of Mr. Jack Ma, China’s answer to our Steve Jobs. Mr. Ma founded e-commerce behemoth, Alibaba, which was taken public in the largest IPO ever on the New York Stock Exchange. Mr. Ma has continually asserted that he created Alibaba for the public good, which translates to about 600 million Chinese Internet users. Economists point...
October 2015 / As we enter the 2015-2016 heating season, we first need to look back at some recent metrics to help formulate a buying strategy for going forward. North Sea Brent crude oil prices averaged around $46 per barrel in August, 2015, which was a $9 per barrel decrease from July, 2015. This was actually the third consecutive monthly decrease in prices and the trend mirrors concerns about...
Best-selling financial author, Wall Street investment banker, social commentator, award-winning poet, energy consultant, off-Broadway producer, and community organizer in Robert Kennedy’s presidential campaign, Ron Spurga is the ultimate Renaissance Man.
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