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 »

By: dajeeps (Diary)  |  December 7th at 10:19 PM  | 

Thomas Jefferson noted in a letter to James Madison on 18 October 1785 the condition of the poor in France. He had remarked about the king’s autumn retreat for hunting which was attended by foreign diplomats in order to possibly curry favor, but he did not have the personal means to attend and was therefore required to stay in Paris, some 40 miles away. During | Read More »

By: dajeeps (Diary)  |  November 15th at 02:20 AM  | 

The City of Rochester, NY, has been corrupt ever since I moved to the area in 1994 (which is one of the reasons I do not live in the city proper). If there were ever a contest for the cronyism pin-up of the year, Rochester would surely be a contender. I have been monitoring the live stream from Occupy Rochester, and it seems most of | Read More »

By: dajeeps (Diary)  |  November 10th at 10:58 PM  | 

According to a US Chamber of Commerce press release, up to 20,000 jobs would be created immediately if the XL pipeline project were approved, with hundreds of thousands more jobs to be generated by this project in the near future.   “In spite of extensive and positive studies from the State Department, this is clearly a political decision and everyone knows it. Unfortunately, it will | Read More »

By: dajeeps (Diary)  |  November 4th at 04:08 AM  | 

In doing some research about what the Occupy movement is all about, I’ve watched many a youtube video, monitored the #OWS twitter feeds, read related blogs and have seen the arguments going on in the comments sections regarding the appropriateness of the movement and what it’s really about. What jumps out at me is a tendency for its defenders to say, when faced with overwhelming | Read More »

By: dajeeps (Diary)  |  October 7th at 10:49 AM  | 

If there is one thing to ‘get’ from study of the founding generation it is that unity was the most important goal of politics and much was sacrificed to achieve that goal. Maintenance of unity is the very reason our most cherished document, the United States Constitution, was born and it is announced as such in the very first sentence: “We the People of the | Read More »

By: dajeeps (Diary)  |  September 22nd at 11:36 PM  | 

I made a diary entry a few days ago regarding my thoughts on the TRAIN Act as it stood at that time. It was updated yesterday and in addition to requesting a report on the economic impact of certain classes of regulations, it now would prevent most of those new regulations from taking effect until at least six months after the report is finalized. That | Read More »

By: dajeeps (Diary)  |  September 20th at 09:01 PM  | 

Be sure to read the bill before calling your congressional representative regarding the TRAIN Act.  Many of us have seen the summary bullet points in the associated propaganda, but when compared to the actual text of the bill, a stark contrast between them can be clearly seen. My summary is as follows: The TRAIN Act instructs the President to form a committee of various officials | Read More »

By: dajeeps (Diary)  |  September 18th at 01:56 AM  | 

Democrat lies are incredibly damaging. The damage is being demonstrated tonight in the form of a socialist protest on Wall St. The various signs, chants, and tweets from the participants blame Wall St. for crashing the economy and the persistence of the economic shambles our country has become. Upon pondering this for a moment, scenes of the recent past flash by, scenes of various Democrats, | Read More »

By: dajeeps (Diary)  |  September 4th at 02:58 AM  | 

The Obama Administration is involved in yet another embarrassing moment in a seemingly endless succession of moments that leave some staffer red-cheeked and heading for the restroom to take a breather. Only in the White House do headlines like “American Jobs Crisis,” “Big Banks Slash Growth Forecast for 2011,” and “Zero Jobs Created” splashed across every business news website, and whispers about a coming double-dip | Read More »

By: dajeeps (Diary)  |  September 1st at 11:30 PM  | 

Promoted from the diaries by Bill Today, the President released a memorandum to all Federal agencies ordering the streamlining and expedition of regulatory and permitting processes for infrastructure projects, citing the need to remedy current economic conditions, maintain the nation’s competitive edge, and improve competition for global investment. It paints a rather rosy picture of government coming the rescue in rather pressing economic conditions, but | Read More »

By: dajeeps (Diary)  |  July 16th at 12:57 AM  | 

There’s been so much buzz around the BBA lately, I figured I’d post what the House will be voting on in a few days so it can be read and digested, and be taken as serious as amending our constitution should. Afterword, I provide my thoughts. Here is the text: H.J. Res. 1 JOINT RESOLUTION Proposing a balanced budget amendment to the Constitution of the | Read More »

By: dajeeps (Diary)  |  June 9th at 12:42 AM  | 

Ideas for dealing with entitlements (not by any means complete, but rough ideas, and comments are certainly welcome) One huge problem I see with both Medicare and Social Security is that they really are no more than arbitrary taxation ponzi schemes in which there is no guarantee of return and no limit to what can happen to the money that is taxed in order to | Read More »

By: dajeeps (Diary)  |  June 8th at 04:04 AM  | 

If ever I thought I understood the depth and breadth of the problems we face as a country, I am now convinced, after reading The Secret Knowledge: On the Dismantling of American Culture by David Mamet, that I didn’t know the half of it. I picked this book up because Liberals do, say, and believe such that is inexplicable by any kind of logic that | Read More »