Monty Pelerin's World » 2010 January

Tribute to Martin Luther King

all other, morality, Today's Wisdom Tagged with: Add new tag, Author, History, Kids and Teens, Martin Luther King, Martin Luther King Day, People, People and Society, United States

Jan 312010

I meant to get this up for Martin Luther King day but was not able to obtain permission from the author in time. Still worth listening to: mlk-1 The site where this piece and others were originally published is The

New Menu Item

all other

Jan 302010

A new menu item, “Favorites,” has been added. It contains some of Monty’s favorite posts. Share/Save Download article as PDF

Osama Parrots the Left

all other Tagged with: Add new tag, Al Gore, Al Jazeera, English language, Global warming, Noam Chomsky, Osama bin Laden, United States, United States dollar

Jan 302010

It looks like Al Gore has a new follower. Osama bin Laden is apparently modifying his image and adopting the role of elder statesman for the world. Here as reported in the NY Times is his recent advice: “Talk about

US Lends to Brazil to Benefit China

dollar, Government Tagged with: Add new tag, Brazil, Business, China, George Soros, Petrobras, Rio de Janeiro, Santo Basin, United States

Jan 302010

I sure would like to know the rationale behind this “deal” as reported in an article in the WSJ. The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge

Bonner on Money

currency, dollar, Greenspan, Inflation Tagged with: Add new tag, Alan Greenspan, Banknote, Economic, Inflation, John Law, Money supply, Richard Nixon, United States dollar

Jan 292010

For those who want to understand more about money and inflation, the following piece by Bill Bonner of the Daily Reckoning is good reading. The Descent of Money By Bill Bonner Paris, Fance Science and technology have produced many wondrous

Anne Wortham on Obama

Government Tagged with: Add new tag, Barack Obama, Franklin D. Roosevelt, Illinois State University, Lyndon B. Johnson, politics, President of the United States, Stanford University, United States

Jan 292010

When the economic crisis hit, there were many statements about not being able to see it in advance. Obviously, these were nonsense. Any economist that claimed “There was no way to see this coming” was either dense or duplicitous. At

Obama Denied Parole

Favorites, Government Tagged with: Barack Obama, Democratic, Health care, New Jersey, Parole Board, President of the United States, State of Union, United States, White House

Jan 292010

As expected, the State of the Union (SOTU) speech was delivered with the usual élan from the gifted orator, President Obama. Unexpected, for most, was the content of the speech. President Obama “doubled down” on policies soundly rejected by the

International Currency System Nearing a Breaking Point

currency, economy Tagged with: Add new tag, Business, Economic, Germany, Microsoft, New York Times, Organizations, People, Textiles and Nonwovens

Jan 282010

The strains on the International monetary system are increasing. This system was never sustainable. It replaced a system that had broken down. And that system had replaced another phony international monetary system. How this system collapses is indeterminate. It could

President Hoover’s State of the Union

economy, Favorites, Government Tagged with: Add new tag, Barack Obama, Health care, Health insurance, Iran, Massachusetts, Michael Ledeen, Presidency of Barack Obama, President of the United States, Terrorism, United States, Warfare and Conflict

Jan 272010

I don’t know what President Obama will try to sell tonight in his State of The Union speech. I do know that what he says will have no relation to reality. But that could be said of any President in

Obama, Watch Your Back!

Government Tagged with: Add new tag, Barack Obama, CNN, Glenn Reynolds, Instapundit, National Public Radio, politics, Republican, United States

Jan 272010

Image via Wikipedia These links from Instapundit are indicative of how bad things are for Obama. As these problems become more apparent and worsen, his own team will turn on him in order to protect their own political lives. For

Healthcare Vaporizes Obama Presidency

Favorites, Government, healthcare Tagged with: Add new tag, Air Force One, Barack Obama, BarackObama, Democrat, Failed Presidency, Health care, healthcare, Legend of Bagger Vance, Mount Rushmore, President Obama, President of the United States, United States, United States Congress

Jan 272010

Healthcare destroys a presidency and jeopardizes a political party. In the fledgling days of the personal computer industry, software vendors frequently announced products that were not yet ready for release. The term “vaporware” was coined to describe such software. Most

Investment Ideas

markets Tagged with: Investment

Jan 262010

For those who are interested in getting a lot of investing ideas for 2010 and beyond, check out the collection at The Kirk Report. A variety of different viewpoints that might help you think through what may happen in the

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politics (1352)
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Re-Reads (12)
Today's Wisdom (78)
Uncategorized (98)

Random Favorites

Government is A Myth and The Problem: Europe is a problem; it is just not THE problem. Do not believe the "happy news" that periodicall...
Dr. Blinder: Princeton Economics Does Not Add Up: An earlier version of this article appeared on American Thinker today. Dr. Alan Blinder, Professo...
Plug the Damn Holes: This country has two holes to plug, not one. One is in the Gulf, the other in the White House. Pr...
Obama and His Cardiff Giant: This post originally appeared on American Thinker today. The Cardiff Giant, known as "America...
Signs of a Dying Economy: The flight of both intellectual and actual capital was predictable and predicted. Our tax and regula...
The Entitlement Frankenstein: The notion of entitlements has been carried far beyond that of a social welfare net. Entitlements ar...
Obama - Lazy, Disengaged and Ripe for Political Cannibalism: An interview with a Democrat Washington insider described as "a longtime Washington D.C. insider, an...
Gold is Your Individual and Collective Salvation: The Daily Bell regularly focuses on the power elite and their control of society. In this article, t...
The Wealthy Beg: In a further sign of the deterioration of society, the wealthy (or formerly wealthy) believe they ar...
Political Cannibalism Democrat Style: Does President Obama want to make new friends or alienate old ones? That is the interesting politica...
Confidence is A Con Man's First Name And Government's Last Scam: Confidence is important in economics. People spend and invest more when they are confident, a fact w...
Porter Stansberry -- The Corruption of America: The decline of America has become obvious. Reasons for this decline are many, although most American...

Random Quotes

When goods do not cross borders, soldiers will. Frederic Bastiat
The trouble with Nixon is that he's a serious politics junkie. He's totally hooked and like any other junkie, he's a bummer to have around, especially as President. Hunter S. Thompson
Credibility is like virginity. Once you lose it, you can never get it back. Unknown
Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual. Thomas Jefferson
I am for doing good to the poor, but I differ in opinion of the means. I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. In my youth I traveled much, and I observed in different countries, that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer. Benjamin Franklin
One should respect public opinion in so far as is necessary to avoid starvation and to keep out of prison, but anything that goes beyond this is voluntary submission to an unnecessary tyranny. Bertrand Russell

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