I think we are missing the boat here. We are arguing about simple tax policy. But since there seems to be problems with both fiscal and monetary stimulus it is clear that something else is needed. (after all, the government HAS to Do something right?) It is clear to me that we have a lag in aggregate demand because everyone already has what they need. | Read More »
Larry Summers, of the President’s Council of Economic Advisers, and all around idiot Keynesian, has murmured something to the effect that rebuilding could temporarily boost the Japanese economy. That is an amazing amount of lunacy to come from someone who is supposedly a trained and respected economist. It violates one of the basic tenets of economics. Bastiat’s broken windows fallacy. Don’t let anyone fool you, a | Read More »
It seems to me that if anyone posts a diary promoting some Republican presidential hopeful then it quickly becomes a slug fest and an occasion of both denigrating the person being mentioned and promoting some other candidate. I admit that I have been guilty of this myself, and I apologize. But let’s just cool it ok? First of all, we don’t even know who is running | Read More »
So you think the world has been turned upside down in the aftermath of the 9/11/2004 terror attacks? Well what would you think would be the mindset of people in the western world if all of the following happened in a twenty year period? Attempted assasinations of the heads of state of Spain, Germany, the USA, and Belgium. And attempts against several British ministers and | Read More »
I would like to see lawmakers try to introduce legislation of this type: If any one, or group of persons, either in or out of the government, find any sort of waste, fraud, abuse, or duplication in the federal government, they need to present a paper outlining the problem with a possible solution. Then an agency of the justice department created for this reason, is | Read More »
The enlightenment philosopher John Locke is commonly thought of as the first exponent of the doctrine of natural rights, However some trace it back further to the Roman Stoic Philosophers. The Stoics were concerned with right behavior and were respecters of religion but did not admit to the worship of any particular sect or deity. They postulated that what set man apart from the animals | Read More »
Here are some interesting excerpts from the Senate report. “I am a skeptic…Global warming has become a new religion.” – Nobel Prize Winner for Physics, Ivar Giaever. “Since I am no longer affiliated with any organization nor receiving any funding, I can speak quite frankly….As a scientist I remain skeptical.” – Atmospheric Scientist Dr. Joanne Simpson, the first woman in the world to receive a | Read More »
Just a little NON-politics. Years ago, I floated through high school and college without reading many of the classic novels of literature. I did read Moby Dick, For Whom The Bell Tolls, Animal Farm, Anna Karenina(more about this one later), and Ivanhoe. That is about it. For all the rest of my book reports I relied on Cliff Notes, or Comics Illustrated (an invaluable source). | Read More »
![[RS]](/t/img/logo-footer.jpg){kind=logo}