"Getting" the inherent evil of the gov't owning
private businesses (follow-up to article last week) http://www.
private businesses (follow-up to article last week) http://www.
Obama is looking to Europe to learn what to do in
shaping energy policies. There's a lot to learn from the European,
unfortunately he should be looking at what NOT to do.
shaping energy policies. There's a lot to learn from the European,
unfortunately he should be looking at what NOT to do.
Another article against the Democrat's health care
plan. Again this must be the line in the sand! One problem with the
article is it infers that the Democrat plan would have rationing, and other
plans would not. This is incorrect: the market rations based on
ability to pay, in some places it simply the availability of healthcare
infrastructure, etc. and in the Democrat plan the gov't. I firmly
believe that the gov't would be the worst form of rationing and that's what we
need to resist at all costs.
plan. Again this must be the line in the sand! One problem with the
article is it infers that the Democrat plan would have rationing, and other
plans would not. This is incorrect: the market rations based on
ability to pay, in some places it simply the availability of healthcare
infrastructure, etc. and in the Democrat plan the gov't. I firmly
believe that the gov't would be the worst form of rationing and that's what we
need to resist at all costs.
Slightly tongue-in-cheek look at the
Coleman-Franken race. I actually kind of like the guys conclusion.
http://reason.com/news/show/
Coleman-Franken race. I actually kind of like the guys conclusion.
http://reason.com/news/show/
Rampant power of the State (a European model
to emulate Mr. Obama?)
to emulate Mr. Obama?)
Oh how we need tort reform: http://www.american.com/
A new hit song on the Republican top 40
(funny)
(funny)
Emboldened unions are a wrecking crew throughout
the economy, now destroying the reliable MUNI, mainstay of fixed income
investors http://www.realclearmarkets.
the economy, now destroying the reliable MUNI, mainstay of fixed income
investors http://www.realclearmarkets.
O.K. I don't know how many of you remember my
constant warnings back in January and February about the the impending interest
rate (bond market) doom on the horizon. Well, it's finally coming to
pass. This is being cause by the gov't borrowing too much, then
issuing bonds, which sucks-up the the available capital, driving up
interest rates.
constant warnings back in January and February about the the impending interest
rate (bond market) doom on the horizon. Well, it's finally coming to
pass. This is being cause by the gov't borrowing too much, then
issuing bonds, which sucks-up the the available capital, driving up
interest rates.
Obama (and unfortunately Bush before him)
says it is absolutely necessary to stimulate aggregate demand. The
gov't has been assuring us that the huge sum of a couple trillion
will do the trick. Unfortunately about $20 trillion has been wiped
out. If you take the Keynesians at their word they're still wrong!
Y=C+I+Nx+G doesn't work unless the gov't puts in $20 trillion (G is gov't
spending) to off-set the $20 trillion lost (I= investment, or in this case the
equity lost by the market) or they get us to spend $20 trillion (C=consumption)
with borrowed money at the higher interest rates they're creating. http://www.msnbc.msn.com/id/
says it is absolutely necessary to stimulate aggregate demand. The
gov't has been assuring us that the huge sum of a couple trillion
will do the trick. Unfortunately about $20 trillion has been wiped
out. If you take the Keynesians at their word they're still wrong!
Y=C+I+Nx+G doesn't work unless the gov't puts in $20 trillion (G is gov't
spending) to off-set the $20 trillion lost (I= investment, or in this case the
equity lost by the market) or they get us to spend $20 trillion (C=consumption)
with borrowed money at the higher interest rates they're creating. http://www.msnbc.msn.com/id/
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