I believe that the OWS crowd has a legitimate beef with the Wall Street Barons who: -Made all the financial/investment mistakes imaginable leading up to the Crash of 2008 that is still lingering with us; -Ran to Washington to get bailed out; and -Now have had all of their wealth restored and kept their jobs with […]
Recently I attended a lecture explaining the “Liberal Mind” by PhD. psychologist, Timothy C. Daughtry. He gave his explanation as to how such a minority (30%) in the United States has been able to impose its politics on the majority. When using the word Liberal below we are talking about the political Liberal. Liberals dominate […]
Over the past few years I have watched as environmental non-profits have multiplied like a veritable plague of locusts across the land. I’ve researched the origins of this all the way back to the Federal government agencies feeding these locusts with money our Federal government does not have and must borrow or print. Billions of […]
“It’s not even a theory; it is a theology.” So Nouriel Roubini, with his best Strangelovian inflection, describes the gold standard to Yahoo Finance’s The Daily Ticker, and in doing so displays shocking ignorance of the gold standard and either the work of Ben Bernanke or a presumption that the rest of the world is […]
Numerous articles have recently been published warning of the dangers of “GROWING INCOME INEQUALITY!” Rich people are reported to be accumulating wealth at a faster pace than the lowest income citizens. Oh, the horror!!! Okay, really, am I missing something? So…, what’s wrong with that? I suppose that the authors of those articles presumed […]
Bank of America (BAC) has rescinded its plan to charge customers a $5 monthly debit card fee. Shall we praise bank regulators for their swift action in preventing the exorbitant charge? Well, no. Then we’ll credit politicians for legislating against greedy, big bank profiteering, right? Wrong again. The free market drove BAC to drop the […]
Nobody ever won a war with a string of Pyrrhic victories. You remember King Pyrrhus, he who ‘won’ two major battles with the Romans only to ‘lose’ in the long run because he ran out of men? Just like no football team ever won the national championship with a string of ‘moral victories’ (meaning ‘close […]
“Once one starts thinking about [actions to accelerate economic growth], it is hard to think about anything else.” — Nobel Economic Laureate Robert Lucas The Supercommittee, if rumor, speculation and common sense can be credited, now will shirk its role as political suicide bomber. The Supercommittee was created in a fit of ambiguous revulsion against […]
Chris Matthews on MSNBC recently said that Republicans couldn’t decide on a presidential candidate because they are consumed by hate. He also said that Republican brains are so wracked by hate that they have trouble liking anyone, even one of their own candidates. That Republicans are motivated by “hate” is an unquestioned article of faith […]
Mayor Anthony Foxx continues to advocate for city/county government consolidation. Why? There is no place for serious savings to the taxpayers. Those changes were made long ago. The city gave parks to the county; the county gave police to the city. The city has fire, public transit and roads; the county funds CMS, social services, […]
