Hello Everyone

I will tell you upfront that I do not have a degree in economics. I do not have a license to sell stocks. I have a Bachelors of Science in Accounting. I am interested in economics, I read a lot, and I try and take a practical, common sense approach to things. I will try and bring these characteristics to this endeavor. My initial interest in starting this blog is two-fold. First, I have been disturbed by the government's response to the current financial crisis. I wrote four letters to the editor of the Reading Eagle in about two weeks. One was published. (hurray) They wanted to publish another one, but I do not read my emails on a regular basis, so I did not notice their request to revise my letter. The second reason I wanted to start this blog is because of all of the panic occurring in the market and in the media, as a result of this crisis. I watched a program two weeks ago where the guest, a noted columnist for a major newspaper, called for the temporary closing of the stock exchange and the banks, as well as putting a floor on stock prices, to calm the markets. What a panic those measures would cause, if implemented.

As the name Economic Clarity suggests, my goal for this blog is to take a look at the United States economy. I will do my best to sort through all the panic, hype, and anything else that needs to be eliminated, and give you my opinion, for whatever that is worth, regarding what is really happening in the economy and what, if anything should be done. I will draw heavily on my reading materials and experience and try to present an unbiased view point. There is bias in everything, but I will try and keep mine under control, to the best of my ability. I will begin with the current financial crisis and move on to other subjects when it seems appropriate.