November, 2012

What Fiscal Cliff?

From the Daily Caller comes this report on President Obama’s opening offer to deal with the fiscal cliff. Whether this is a negotiating ploy or not, this approach to the fiscal cliff negotiations is irresponsible. Apparently for Obama everything is a political game. One wonders how the public could re-elect such a man. Can the White House be serious? – President [...]

Adapt and Overcome, That’s All We Can Do.

The election is over and now, as Frank Knight once observed, “We have to adapt and overcome, that’s all we can do.” That may be harder to accomplish than Professor Knight could have imagined. To put the task into perspective, the following list of forty outcomes during President Obama’s first term, puts the magnitude of the task into perspective. The [...]

A View From Afar

A friend of this site and occasional contributor is P. W. Dunn. Mr. Dunn blogs at righteousinvestor.com. He left the US in response to rising taxes and decreasing freedoms. Here are some pertinent comments from his vantage point in Canada: New comment on your post “Businesses Begin To Walk Down John Galt’s Path” Author : P. W. Dunn Not just American [...]

You Won’t Build That!

Where and when you are born has a great deal to do with how successful you might become. According to The Economist: Warren Buffett, probably the world’s most successful investor, has said that anything good that happened to him could be traced back to the fact that he was born in the right country, the United States, at the right [...]

A Real Nominee for Person Of The Year

While I am on the topic of Person Of The Year, let me submit Bill Whittle as my choice. I know little about Mr. Whittle other than this speech. Watch it and see if you don’t agree he is a better candidate than any of the Time Magazine nominations. A MUST SEE!

Person Of The Year

Another indicator of how shallow and barren the mainstream media has become was provided by Time Magazine. Considering Sandra Fluke as a candidate for their (not-so-prestigious) Person Of The Year reveals much about the magazine and less about the country. What does a possible nymphomaniac and self-admitted parasite have to do with America or its ideals? Short of pimping for [...]

Let’s Have A Depression Now

The United States is more than four years into its form of economic purgatory. The government pronounced the recession over in June of 2009. That announcement does not conform with reality or even subsequent government suspect data. Even the Administration-friendly New York Times knows better: Between June 2009, when the recession officially ended, and June 2011, inflation-adjusted median household income fell [...]

Remembering the Past

For oldtimers primarily, but also for the younger set who don’t understand why we are so upset with what happened to this country: Long ago and far away, in a land that time forgot, Before the days of Dylan, or the dawn of Camelot. There lived a race of innocents, and they were you and me, For Ike was in [...]

Religion May Help But It Is Not Sufficient

Two reader comments on the recent Thanksgiving wishes seem appropriate to publish in their entirety. One is from Ken in Tyler and the other from Brian Wilson who has his own radio show. Both end up at the same point, but use different approaches to get there. Ken in Tyler: I have the same hope that my grandchildren will see [...]

Government Hates Gold

The debate between those favoring a gold standard and those against it drags on. The voices in favor have been drowned out, not by logic but by overbearing State propaganda. Gold standard supporters are a stubborn lot who, despite ridicule, carry on their fight in a fashion reminiscent of Don Quixote. Like that of the quixotic crusader of yesteryear, their [...]

Absurd Economics at Work

The beat goes on as these two articles from Drudge indicate: Gov’t Agrees to Lower Taxes — in China… RED FRIDAY: Treasury Borrowed $24.3 BILLION on Day After Thanksgiving… $211.69 Per Household… Again, one wonders just which country believes in free markets.

Bickering on The Titanic

Doug Ross has put the absurdities bandied about over the so-called fiscal cliff into proper perspective. What is going on is a political charade that has little to do with the financial health and viability of the country. The fiscal cliff is nothing but a speed bump in terms of what lies ahead. There will be great amount of media [...]