June 24th, 2009 at 11:33am |
… or “Why We Need Congressional Term Limits”.
At the very root of the current economic downturn was INTERFERENCE by Congress in bank lending practices… rules requiring lenders to provide mortgage loans to people who objectively did not qualify for them (that is, had a high probability of not repaying the loan)… and GUARANTEEING those risky […]
Read the rest of Some People NEVER Learn
May 29th, 2009 at 8:24pm |
Despite denials from about half of our own citizens, it’s readily apparent that changes are happening in the U.S… and not for the better. It’s a sad day, though, when it’s recognized by the Russians:
From Pravda-
It must be said, that like the breaking of a great dam, the American decent into Marxism is happening […]
Read the rest of Even Russians Are Amazed
May 10th, 2009 at 10:10am |
A single line from an excellent book, The 5000 Year Leap, has really made me think:
“The physical sciences capitalize on the lessons of the past, but the social sciences seldom do.”
We would never have the great technology tools and toys, the miraculous medicines, or the comfortable lifestyles that we do if we had to start […]
Read the rest of Are We Making Progress?
May 6th, 2009 at 8:57am |
Once again, nationalized health care has become a hot topic and, given the current shift of power in Washington, it has a strong chance of gaining traction. WHY is this such a controversial issue and should the government become the primary provider of health care services?
I’ll cut to the chase: it is just […]
Read the rest of National Health Care Sleight of Hand
April 23rd, 2009 at 8:43am |
Most of us have sympathetic feelings for our fellow citizens. I have worked hard, life hasn’t always been easy, and am grateful for what I have, so I try to help others in need. I choose to do this almost exclusively through my church since I have more trust that the money is […]
Read the rest of Abuse Coming and Going
April 9th, 2009 at 6:53am |
It is a sad day.
If a recent poll is to be believed, only 53% of American adults believe capitalism is better than socialism.
Of all the economic systems EVER tried in the history of the world, capitalism has been responsible for more ADVANCEMENTS in human rights, freedom, and prosperity of individuals than any other. […]
Read the rest of Dumbing Down
March 22nd, 2009 at 8:15am |
Even though many could see it coming for decades, only now does the general public see the results of short-sighted management at GM and the other U.S. auto manufacturers. Of course, their possible demise wasn’t due to a single bad decision by those in charge, but the culmination of years of poor choices, including:
Caving […]
Read the rest of The Auto Industry and Our Education System
March 21st, 2009 at 2:19pm |
There has been a lot of talk about controlling the “excesses” seen in compensating executives recently, especially in those companies where public funds have been infused. Now the talk has spread to controlling how much executives can make in other companies, too.
This is perverted.
While there might be some rationale to putting a cap on […]
Read the rest of Price — No, Wage — Controls
February 28th, 2009 at 8:31am |
With the government meddling more than ever before in our economic system… taking equity positions in banks, propping up auto manufacturers, etc… it’s no wonder the stock market is gyrating wildly. Stock prices are determined when investors put their money where their mouths are, essentially “voting” on what they believe the value of a […]
Read the rest of Economic Confusion
February 11th, 2009 at 3:43pm |
For decades on end, Americans were known throughout the world as hard-working, self-sufficient, independent, creative people. Our ability to “get the job done” in the face of adversity was renown. We were recognized as being fair and generous and open to a wide range of ideas. We were proud of that reputation.
And, […]
Read the rest of The Perversion of Pride