Without even knowing all the science behind it, most of us know the common sense of “cause and effect”… of probable outcomes from certain actions. If I drive a car with my eyes closed, I’ll probably run into something. If I ignore the “low oil” light in my car dashboard, the engine will eventually seize […]
Read the rest of Cause And Effect
All the economic turmoil has brought to a head many business problems that have been simmering for a long time… some for years. In our free enterprise system, perhaps this is a good thing… IF some of these businesses are allowed to fail. The temptation for government to bail out businesses is very strong, however. […]
Read the rest of Killing The Golden Goose
Often, we’re unconsciously aware of a problem well before it rises to conscious recognition. Even then, most people are very tolerant. We recognize the problem as such but are not motivated to do anything about it at first… we allow the problem to grow until it reaches a higher pain threshold… and THEN they do […]
Read the rest of Confidence
Before the recent “Rescue Plan” was passed, advocates argued that immediate government action was needed or the markets would suffer and, therefore, all people would suffer. Pro-capitalist members of Congress argued that, while the government should exert economic pressure by controlling the money supply, address the liquidity problem caused by the sub-prime mess, and aggressively […]
Read the rest of Financial Solution Worse Than The Problem
Americans often talk fondly of our Free Enterprise system and its virtues. America certainly would not have grown so rapidly to such a height as a world power were it not for the opportunity it offers. Opportunity for those who are WILLING TO WORK to pull themselves up and become successful in our capitalistic society. […]
Read the rest of Gaming The System
While fingers are pointing in all directions to lay blame for the current financial calamity, and there’s plenty of blame to go around, it seems that most people agree — at least tacitly – on the root fo the problem. Getting some to say it out loud is difficult, however, since saying it DIRECTLY seems […]
Read the rest of Root of the Problem
It has been brought to my attention that the title of the last entry may have been mistaken:
Economic Bailout
Perhaps it should hvae read Financial Crisis or some such… bailoutcarries with it many connotations that can confuse. It implies the “rescue plan” was just going to throw money at a problem and save some companies from […]
Read the rest of What’s In A Name
While I believe SOME kind of economic recovery plan needs to be passed to minimize the problems brought on by the current problems in the financial markets, I do NOT believe we can trust all of Congress to solve a problem that they, themselves, brought on. If a rush plan is implemented it is far […]
Read the rest of Economic Bailout
I’ve contended before that LESS government is BETTER government… and I stand by that. I point at the current financial situation as an example of where Congress intruded in the market process, imposed requirements to loan money to those who otherwise couldn’t qualify, and the market… playing by these “new rules” (which were artificial and […]
Read the rest of Congress Caused This Financial Crisis
Helping others isn't easy, though. YOU have to know what you're teaching. So, let's get started! Take this quick
The challenge in this great republic is to ensure that our representatives (and those in the government bureaucracy who report to them) respect the majority... and for the majority to respect the minority... and for all to respect the law.
