Body Blows to the Country, to Capitalism, and to Conservativism
I doubt that the actions of the Bush Administration, Treasury Secretary Paulson, the Senate, and the House in the past couple of weeks mark the death of American Capitalism. The capitalist drive is strong in Americans as a whole and individually. I don’t doubt that their actions have severely harmed that system, however. The fact that the Government has acquired a controlling interest in Fannie, | Read More »
Obama’s character? Actions speak louder than words.
Who is Barack Obama? We read in the Bible: “by their fruits ye shall know them” (Matt. 7:20). It really does not matter what Barack says, because that may not be the truth. What Barack has done is important, because actions do not lie. When paying respect to our country and the American flag, does Barack place his hand over his heart? You would expect | Read More »
, Bill Ayers
, Jeremiah Wright
Let’s cut the B.S. on the bailout. The proposed government bailout is based on two government promises of maybe: 1) The taxpayer might recover some of the 700 billion someday; 2) Once banks bad debt is purchased with taxpayer money, the banks might loan some of it back to the people who paid the banks’ debt in the first place. Read the complete article, Bailout | Read More »
Newt Is Right – Paulson Needs To Go
Newt Gingrich called for two controversial things to happen, and I happen to agree with the Speaker on both of them. He said the President would be better served by having Deputy Treasury Secretary Kimmitt takeover as Treasury Secretary and to fire (or accept the resignation) of Hank Paulson. I completely agree. I have been a staunch supporter of Paulson since he was nominated, and | Read More »
An Analyst’s Take on the Financial “Crisis”
The current financial problem has been inflated into a looming crisis by politicians and analysts who have ignored basic concepts of problem solving. First, identify the problem. Have they done that? Maybe, and maybe they’ve only identified the symptoms and the prognosis if things run their course without interference. It’s definitely true that they haven’t clearly described the problem to the public in general. If | Read More »
$12,000,000,000,000.00 in debt by next summer….
It began after World War I. The defeat of Germany and its allies and the carnage that it took to achieve that victory led the victors to place onerous reparations on the German Republic. Reparations so terrible that when John Maynard Keynes read the peace agreement he predicted another world war within 20 years. He missed it by one year. After the Axis powers were | Read More »