Unix,Windows software programmer,Photography of Railroad bridges abandoned and in use, amateur American historian. Read history of ICC and Social security. SUMMARY: Keep government at bay.


    Concise Statement of Causes of 2007-2009 Recession

      Here is a quote from Johan Norberg’s book, Financial Fiasco. It is the most concise explanation for the recent economic unpleasantness I have seen. There are just three paragraphs from page 134. The book is well worth reading. Mr. Norberg addresses almost all things that contributed to make the 2007-2009 recessions unique. “Let’s look again at the historical background of thecrises. The housing bubble | Read More »

    Balanced Budget Amendment – sounds like a bad idea to me.

    I don’t understand why something like a “balanced  budget amendment” is useful. Why should spending be limited to 18% of GDP? Why won’t Nancy, Harry and Barack, when they get back in office, manipulate the “GDP” number to make the budget bigger? Why not 2% of GDP? Why not 30%? We can’t spend more than 18% unless congress votes to spend more than 18% — | Read More »