By: dajeeps (Diary)  |  September 6th at 04:54 PM  | 

To the people who worked so hard to fix the diaries! I am happy to have them back!

By: dajeeps (Diary)  |  September 2nd at 07:23 PM  | 

Don’t really need a lot of explanation, as if over $1.4 trillion in economic stimulus that created all of two jobs isn’t enough of one (Google the “Sumner Critique” to find out how explicit inflation targeting counteracts fiscal policy). And yes, I have in front of me an almost empty glass of rum & diet coke, so I am feeling pretty good while trying to | Read More »

By: dajeeps (Diary)  |  May 1st at 11:10 AM  | 

In my earlier post, A peek behind the mask: Austrian economics, I pointed to a general incoherence in ideological principles between the Friedman/Reagan/supply-side economics vision of society versus the Austrian economic model, but I didn’t go into detail regarding it. In this post, I will provide further detail, at least my view of it, because the effects of changing our minds regarding this point are | Read More »

By: dajeeps (Diary)  |  April 25th at 04:22 AM  | 

It isn’t what people think it is. It was established by some with an agenda to get rid of the Federal Reserve and is a means to an end, not an end in itself.  It is why they have no concrete plans to get from point A to point B and their theories are incomplete, no comprehension of supply/demand issues affecting prices, particularly that of | Read More »

By: dajeeps (Diary)  |  April 17th at 01:49 AM  | 

This evening I was out driving with my son who is practicing for his driver test. It was lightly raining out of a partially cloudy sky as the sun was getting ready to set. To the east was one of the most beautiful scenes I think I have ever witnessed.  There was a bright double rainbow weaving in and out of the clouds which were | Read More »

By: dajeeps (Diary)  |  March 10th at 03:12 AM  | 

Here is private sector employment by the numbers (these are private sector jobs figures from the Bureau of Labor Statistics).   Between 2003 and 2007, we added 1,750,000 jobs per year or 7 million jobs over 4 years (average of 146k per month). Between 12/2008 and 12/2010, 7 million jobs were lost (avg. 292k per month) In 2008, 1 million jobs were lost (avg. 83k | Read More »

By: dajeeps (Diary)  |  January 22nd at 12:52 AM  | 

I am ecstatic because after months of media and establishment conditioning of the base, and the hasty calls for allowing Romney to wrap it up quickly, I was very concerned we’d end up with the grandfather of ObamaCare and a believer in Keynesian style command and control economic planning as our nominee. Gingrich wasn’t my first choice. My first choice didn’t even run. He wasn’t | Read More »

By: dajeeps (Diary)  |  December 12th at 03:22 AM  | 

With the debate raging over the who is the ‘true conservative’ in the presidential race, it seems like we may be missing the point that some bit of importance in solving the pressing issues of the day is a matter of political approach that could have a subsequent impact upon the implementation of conservative ideas in the realm of government and politics. The atmosphere surrounding | Read More »

By: dajeeps (Diary)  |  December 11th at 12:10 AM  | 

This is just something I’m throwing out here. It’s an interview by Jim Puplava with former commodities broker Ann Barnhardt who closed up shop after the MF Global collapse. She explains why she closed down, not because of financial difficulties as a result of MF Global, but severe dysfunction of the market that emanates from the regulatory bodies. Her account will likely raise the hair on | Read More »

By: dajeeps (Diary)  |  December 9th at 02:52 PM  | 

Robert Higgs of the Independent Institute asked this question yesterday in regard to the push back he receives when he attempts to correct the historical record of widespread inconsistencies. The short answer is that people are skeptical of accounts that contradict a prevailing view, even if true. Of course I can’t really say why, when confronted with what certainly could be the truth, some people | Read More »