"Where Fillmore County News Comes First"
Online Edition
Thursday, July 30th, 2015
Volume ∞ Issue ∞
 
<< | < | 67 | 68 | 69 | 70 | 71 | > | >>

The Monopoly game and economic recovery


Fri, Jan 14th, 2011
Posted in Commentary

Americans seem to constantly ask the pressing question: of "When will economic recovery be accomplished?" We are not patient people and demand instant return to economic stability.

I recall from my past, the time spent playing that famous board game Monopoly. Research about this game tells me that the game's origination was during the Depression years of the 1930's. Americans at that time period were also asking the same question, "When will economic recovery be accomplished?"

Monopoly, as created by Charles Darrow, is more than just a game. Its object is the accumulation of property on which one places houses and hotels and from which players receive revenue. It is interesting to note that the token or game pieces used, have changed since the games creation with one notable exception. The top hat, which symbolizes the sort of wealth Americans who work hard can receive, has remained in the game. If you recall, your playing of Monopoly depends upon a few conditions. For instance, a predictable number of "pay income tax cards." These cards can be accounted for and payment adjusted for when you know in advance the amount of money printed on them and how many are in the deck. In addition, there are a limited and predictable number of "go to jail" and "chance" cards. My using the words limited risk and predictable gives the game players some certainty that their property rights are secure and that the risks to property are, indeed, few and can be managed. The Monopoly bank must also be dependable. There is a fixed supply of Monopoly money and the bank is supposed to follow the rules of the game. If players sit down at the Monopoly board only to discover that the bank overreaches itself or is too unpredictable, the players will walk away from the board and there will be no game.

How is the game of Monopoly related to the Great Depression of the 1930's? First of all, the stock market crash generated an enormous "Katrina" in which one of every four persons were unemployed. Secondly, a great number of Americans lost personal property (homes and farms) through foreclosure. Thirdly, the Depression was considered very mysterious as to its causes. This mystery led the federal government to intervene and deal with the supply of money. In other, words, the federal government knew more than American business about economics.

In short, using the Monopoly board example, the American economy was failing because there were too many "top hats" .....
[Read the Rest]

A New Year's resolution for politicians

Fri, Jan 7th, 2011
Posted in Commentary

The last few years have been especially tough for many and for the country as a whole. I don't know if the last decade has yet been named, but "turbulent" would sum it up. We have endured two wars, 9/11 and the worst recession in history.

T ..... 
[Read the Rest]

One Moment Please - Constant reminders are important

Fri, Jan 7th, 2011
Posted in Commentary

By Jason Sethre

Publisher of the Fillmore County Journal, cell phone: 507-251-5297

[Read the Rest]

Do you know your new Commissioner of Agriculture?

Thu, Dec 30th, 2010
Posted in Commentary

Do you know your new Commissioner of Agriculture?

Eunice Biel

Former Minnesota state Senator and Murdock area farmer David Frederickson

will become the new Minnesota Secretary of Agriculture when Mark Dayton

becomes the s ..... 
[Read the Rest]

Bullying has been around for awhile

Thu, Dec 30th, 2010
Posted in Commentary

Peterson, MN

I asked a person employed by the Lanesboro school district, "What's going on with all the bullying?" He said it goes on in all schools way back from the time Moses came down from the mountain. I said I didn't think so, but remembe ..... 
[Read the Rest]

Conservative or Liberal?

Thu, Dec 23rd, 2010
Posted in Commentary

By Col Stan Gudmundson, USAF (Ret)

If any of the following positions were part of a political platform, would they belong to a conservative or a liberal party?

- "All citizens must have equal rights and obligations."

- "The firs ..... 
[Read the Rest]

Clarification relating to December 20th Journal

Thu, Dec 23rd, 2010
Posted in Commentary

Phone: 507-251-5297

jsethre@fillmorecountyjournal.com

The following information is a clarification of articles and letters published in the December 20, 2010 Fillmore County Journal.

First, we apologize for an error in referenc ..... 
[Read the Rest]

Fixing Social Security

Fri, Dec 17th, 2010
Posted in Commentary

Last time I ended my remarks promising to tell you about various ways to "fix" Social Security (SS). I am going to renege on that promise.

Firstly, SS is not broken, broke or even bent badly. It doesn't need complicated fixing. It has a larg ..... 
[Read the Rest]

One Moment Please - I grew up saying "Merry Christmas!"

Fri, Dec 17th, 2010
Posted in Commentary

Publisher of the Fillmore County Journal, cell phone: 507-251-5297

It's interesting to see how much our traditions of the past continue to change as our young nation evolves.

I remember growing up with a Christmas tree in our classroo ..... 
[Read the Rest]
<< | < | 67 | 68 | 69 | 70 | 71 | > | >>