Tag archives: Perspectives

Inflation Fear vs. Real Economics: Edge of the Cliff Dead Ahead
By Rinaldo Brutoco   |   November 8, 2022

Here at the Montecito Journal, we have long believed in offering a variety of views, letting each side have its space to speak. In light of the upcoming election, two of our longtime contributors have written in on what they think you should consider when heading to the ballot box this November 8. With Rinaldo […]

Pinnacle Point: We are One
By Rinaldo Brutoco   |   September 6, 2022

This will be the last Perspectives column you’ll be reading for the time being. Personnel changes at the World Business Academy, and the incredible demands on my time as the Founder and CEO of H2 Clipper, Inc., has made it clear that I need to let go of this weekly column for now. I do […]

Shays’ Rebellion: Washington’s Personal Example
By Rinaldo Brutoco   |   August 30, 2022

Shays’ Rebellion, which doesn’t get much attention in History class, was the first test of the young nation of the United States of America. And yet, understanding the uprising and its immediate after effects is extremely important today. On August 29, 1786, just three years after the formally securing independence through the 1783 Paris Peace […]

Don’t Call This Court “Conservative.” “There’s a bad moon on the rise…”
By Rinaldo Brutoco   |   August 23, 2022

Does it upset you when you hear traditional media refer to the current Supreme Court as dominated by “Conservatives”? If not, it should. The truth is, there is nothing conservative about the current six-person majority of the Supreme Court. They are radical, pure and simple. Referring to these Justices as “conservative” implies that their judicial […]

Wow! Fareed Got it Wrong Again. Read the Science
By Rinaldo Brutoco   |   August 2, 2022

Fareed Zakaria is a man deserving of considerable respect. He is not only a great columnist, television host, interviewer, and pundit, but he is also an opinion maker. The general public listens to him. So do kings, potentates, politicians, and major corporate executives all over the globe. Hence there’s no joy when we are compelled […]

Fareed Zakaria got it wrong! A dishonorable peace
By Rinaldo Brutoco   |   July 26, 2022

No doubt many of you know of Fareed Zakaria, the very intelligent columnist for the Washington Post and popular host of Fareed Zakaria GPS (where GPS stands for “Global Public Square”). Fareed is more than a popular pundit; he is a significant opinion maker himself. For years his prestigious interviews of global elites in government […]

We Hold These Truths to be Self-Evident A Call to “Duty”
By Rinaldo Brutoco   |   July 12, 2022

With the 4th of July Holiday just past, it is more important than ever to reflect on the Nation’s founding “energy,” what the Germans would call our Zeitgeist. Famously observed, America is not a nation that arose due to geographic isolation of a singular genealogical population, as the British Isles or Japan. Nor did it […]

Going Way Beyond 1973 Washington Warned Us
By Rinaldo Brutoco   |   June 28, 2022

1972 was a very bad year for everyone in the USA. Richard Nixon defeated the unshakably honest son of a preacher, Senator George McGovern. McGovern ran, and lost, on a platform of peace, determined to end the Vietnam War. Nixon promised to stay the course. Upon winning, Nixon nevertheless signed the Paris Peace Accords just […]

Windfall Profits Tax Give it Back!
By Rinaldo Brutoco   |   June 14, 2022

Just what is a “Windfall” or “Excess Profits Tax”? The words “windfall profits” is your first clue. Wikipedia defines an excess profits tax as “a tax on any profit above a certain amount.” The definition clarifies that this fiscal instrument is typically used in a wartime setting, and is designed to capture the upside profits […]

United No More Time for Another Re-boot
By Rinaldo Brutoco   |   June 7, 2022

What ever happened to the League of Nations? You know, the global organization founded on January 10, 1920, by the Paris Peace Conference that ended the First World War? It was created in order to get all willing nations to band together in an attempt to prevent all future wars. The U.S. never joined, and […]

Guns and Butter Stagflation or Taxes
By Rinaldo Brutoco   |   May 10, 2022

A macroeconomic argument circulating during World War II stated that the nation couldn’t afford both “guns and butter,” pitting the costs of waging war against luxuries like silk stockings and abundant food choices like creamy milkfat. In fact, this saying originated decades earlier, with the passage of the National Defense Act of 1916 as the […]

Freedom Fuel in the USA and Abroad Severing the Umbilical Cord
By Rinaldo Brutoco   |   May 3, 2022

On April 14, this column introduced the concept of “Freedom Fuel.” It outlined the potential unlocked by shifting from a planetary fuel system based on fossil fuels to a system based on the wide availability of hydrogen created by electrolyzing water with renewable energy (so called “Green Hydrogen”) at prices below fossil fuel. As that […]

Inflation, the Economy, and More! A Leviathan Lurking 
By Rinaldo Brutoco   |   April 26, 2022

Most folks are feeling significant pain at the gas pump and the grocery store these days. Remarkably, the cause for that “pain” is the same for both – inflation. The question is, should we all be worried about that issue in isolation, or should we focus on the economic fundamentals that underlie this spurt of […]

How the Marathon Began And Another Example of Courage for Modern Times
By Rinaldo Brutoco   |   March 8, 2022

The first battle of the Greco-Persian wars occurred in 490 B.C. in the town of Marathon, Greece. With Persians attacking cities all along the Greek mainland, and as Athenians braced for their own attack, Athenian General Miltiades took command of a civilian army and marched to Marathon to meet the Persian army. Using superior battle […]

A Reason for Hope: On Conscience and Integrity
By Rinaldo Brutoco   |   February 22, 2022

In the political swamp that has ensnared our democratic republic a glimmer of something we haven’t seen for almost six years is on the horizon: the emergence of a fissure in the Republican party, which has lately been in the grips of Mr. Trump’s remarkably single-handed control as it morphed into the Cult of Trump. […]

Push Refresh on Santa Barbara Arts & Crafts Show
By Montecito Journal   |   December 21, 2021

One of Santa Barbara’s premier tourist attractions, the Santa Barbara Arts and Crafts Show, every Sunday along Cabrillo Boulevard at the beach for more than 50 years, has had a facelift. Besides the recent remodeling of the bridge and sidewalks, the show is now integrated, no longer separating the arts from the crafts. Now is […]

Journalist Trifecta
By Montecito Journal   |   February 4, 2021

It takes a good interviewer and writer and selection of a worthy subject to produce a meaningful and touching article.  Leslie A. Westbrook achieved all three for her piece, “At Home with Lou” (August 21-28, 2021). She focused on interviews with the prize-winning, former senior White House Correspondent for The Washington Post, Lou Cannon, and […]