The Policy of Inflation

Companies Stock Up as Commodities Prices Rise (WSJ) The present valuation will often depend on what people expect the future quantity of money to be. And, as with commodities on the speculative exchanges, each person’s valuation of money is affected not only by what he thinks its value is but by what he thinks is […]

NY Times on Government Perversion

Jury duty. You endure CNN and watch some crappy video about how judges don’t legislate from the bench. I don’t typically use my blog to rant so I’ll spare all three of my reader(s) the histrionics. It was a fairly productive morning (completed a workbook my accountant provides me each year) and the lawyer sitting […]

Weekend 156.0

(1) 12 Awesome Airplane Paint Jobs (2) How to Turn a Recession into a Depression (2a) “As hostility to businessmen grows, politicians tax them more heavily, while debasing and inflating the currency to maintain an illusion of prosperity. Then, when these policies cause rising price levels, a deluded populace demands price controls, which ambitious politicians […]

Mystery Solved: Why Obama crated Sir Winston

How Obama Thinks While the senior Obama called for Africa to free itself from the neocolonial influence of Europe and specifically Britain, he knew when he came to America in 1959 that the global balance of power was shifting. Even then, he recognized what has become a new tenet of anticolonialist ideology: Today’s neocolonial leader […]

‘Unexpected’ Priorities: Mosque versus U.S. Unemployment/Double Dip Recession

(1) Poll shows more Americans think Obama is a Muslim (The Washington Post) (2) Obama’s Point of No Return “With Obama, suspicions have involved his status as an American. The foreign parentage, the registration in an Indonesian school noting him as a Muslim, the uproar over the birth certificate aroused misgivings that, despite media scorn […]

Obama believes in Private Property?

Don’t get too excited. The Distributor-in-Chief only believes in this tenet of Private Enterprise if it supports the construction of a mosque at Ground Zero. A majority of American(s) believe Obama is a socialist but he’s breaking from his Marxist dogma/ideology and using “private property” as a pretense for supporting this display of aberrant grotesquery. […]

Economic strategy of public debt…$862B

The Obsolescence of Barack Obama (WSJ) The vaunted Obama economic stimulus, at $862 billion, has failed. The “progressives” want to double down, and were they to have their way, would have pushed for a bigger stimulus still. But the American people are in open rebellion against an economic strategy of public debt, higher taxes and […]

Horse Tranquilizer…Aisle 3

The Pelosi-Reid Economy (Forbes) Stimulus. TARP. ObamaCare. These three words are being written into the political obituaries of politicians who voted for the programs–for good reason. These three bills, made law by the Pelosi-Reid Congress in only three years, will take decades’ worth of work by regular folks, who dutifully clock in and out of […]

Weekend 145.0

(1) Train Etiquette – A grumpy 22 year old’s code of locomotive conduct. (2) A Modest Proposal for Improving a Dull Game (WSJ) “Poor Ghana has been triumphed over by British, Portuguese, German, Dutch and Danish colonialists, the Kwame Nkrumah regime, a CIA-sponsored coup and at least four other coups just since the 1900s. But […]

Red Ink

A Weakened U.S. Goes to the G-20 The American leaders are under the illusion that their Keynesian spending and easy money policies actually have worked, 10% unemployment notwithstanding. It surely must have occurred to some Europeans that lectures on fiscal rectitude from the Americans display a modicum of hypocrisy. The German Bundestag is hearing the […]

Timely…

…do I need to explain why? The Alien in the White House (WSJ) “He [Obama] is the alien in the White House, a matter having nothing to do with delusions about his birthplace cherished by the demented fringe. One of his first reforms was to rid the White House of the bust of Winston Churchill—a […]

Idiotic Cerebral Meritocracy

“Our federal bureaucracy is a vast wasteland strewn with the carcasses of absurd federal programs which proved infinitely worse than the problems they were established to correct.” – Most Rev. Thomas G. Doran, Bishop of Rockford, Illinois Related Witnessing the heart as it cracks

Socialism: Lather, rinse, repeat

Death of the Postmodernist Dream by Victor Davis Hanson “The Greek meltdown — with Ireland, Italy, Portugal, and Spain on the brink — has shown that European socialism does not work. Bankruptcy, not politics, is the final arbiter: Individuals, firms, and nations either buy particular bonds or they don’t. And a nation like Greece, in […]

Socialism: Perception versus Reality

Perception Gordon Brown, said on leaving, “I tried to make the country fairer.” Source Reality At over 50% of national income, the public sector in the U.K. is now as big as in Scandinavia, higher than in Germany, and up from the roughly 40% it accounted for when Margaret Thatcher left power to the early […]

Obama’s Faustian Deal

The We’re-Not-Europe Party (WSJ) “For Americans, this has been a two-week cram course in what not to be if you hope to have a vibrant future. What was once an unfocused criticism of Mr. Obama and the Democrats, that they are nudging America toward a European-style social-market economy, came to awful life in the panicked, […]