Obama at the Bat

A very clever take-off of “Casey at the Bat” Posted on February 25 if this link doesn’t take you to it.

Probably not too funny for Dems unless they are as disgruntled as the rest of the population.

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The Great Recession of 2011-2012

A lengthy article focuses on the problems ahead. It appeared in the February American Spectator.


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Why Liberty Fails

Liberty as an Ephemeral Event

“If men are good, you don’t need government; if men are evil or ambivalent, you don’t dare have one.”  Robert LeFevre

Introduction

It is natural for oppressed men to yearn for liberty. Once attained, it is taken for granted and assumed to continue forever. History, however, shows that liberty is both rare and ephemeral. Liberty is not the norm; it is the exception. The world is generally replete with oppression.

Our Founders understood the nature and benefits of liberty and set out to create a nation that could preserve freedom.  The Jefferson and Franklin quotes below reflected their doubts regarding permanency:

“Our country is now taking so steady a course as to show by what road it will pass to destruction, to wit: by consolidation of power first, and then corruption, its necessary consequence.” Thomas Jefferson

“… I think a general Government necessary for us, and there is no form of Government but what may be a blessing to the people if well administered, and believe farther that this is likely to be well administered for a course of years, and can only end in Despotism, as other forms have done before it …” Benjamin Franklin

These giants of history were prescient and knew the dangers.  Their fears are now being realized by the people of our country. Are our current problems merely a part of the (inevitable?) process foreseen by these Founders?  Franklin declared that we “can only end in Despotism.”

Continue reading Why Liberty Fails

Public Losing Confidence in Economy

The wisdom of the crowd once again seems to be ahead of the professional economists. Rasmussen reports:

Just 25% of U.S. voters now say the country is heading in the right direction, the lowest level of voter confidence since early January 2009.

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Keynesian Economics Explained

Mark W. Hendrickson wrote a piece on Keynesian Economics in American Thinker today. It is an excellent read for fans or opponents of Keynes. Even better for those who want to learn, or refresh, some economics.

In the piece he discusses the following four topics:

1) Thralldom to the Keynesian macro-economic paradigm.
2) Blindness to history.
3) An enormous faith in government competence.
4) Dangerous assumptions about the capital markets.

Hendrickson concludes with the following:

“Stimulus plans haven’t worked, won’t work, and we can’t afford them. We are already in great economic danger from deficit spending. A policy to plunge us even deeper into the debt abyss is kamikaze economics.”

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Deathbed of Keynesian Economics Will Be in U.K. (yzerfonteinchronicles.blogspot.com)
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On Display in the UK: The Failure of Keynesian Economics (dailyreckoning.com)
The Deathbed of Keynesian Economics (lewrockwell.com)
Sheldon Filger: Keynesian Economics Dissected: Deficits and John Maynard Keynes (huffingtonpost.com)


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