Politics

Don’t Fall for This “Recovery”

Lest anyone become exuberant regarding this morning’s jobs report, let’s not lose sight of the fact that government data is designed to “spin” you. Don’t get caught up in the euphoria of what is coming out of Washington. A “recovery” will merely signal the beginning of the inflation-hyperinflation stage. Then, after a brief period of political exuberance, matters will really [...]

Fiscal Cancer Respects Neither Flags Nor Boundaries

Sayajit Das believes the European Countries will have to default on their debt. Interestingly, there is nothing mentioned about the US who is in the same condition with the likely same ending. Euro Zone Countries ‘Have Cancer’: Risk Consultant Published: Thursday, 3 Mar 2011 | 9:01 AM ET Periphery euro zone countries are seriously ill and will have to default on their [...]

American Taxpayers Are the New ‘Norma Raes’

Dr. Susan Berry puts the Wisconsin row into perspective: … the table has turned and public sector unions, many of whose members can retire at the ripe old age of 55, with six-figure pensions, are now the “big businesses” of the old sweat shops, while taxpayers are the new “Norma Raes.” The issue is not over the existence of public [...]

ObamaCare – The Final Straw That Keeps on Giving

During the process of passing ObamaCare, a reporter asked then Speaker of The House Nancy Pelosi if the health care legislation was Constitutional. Dumbfounded by the question, she responded with her own question: “Are you serious?” The question she was asked appeared inane and stupid to the incredulous Ms. Pelosi. Apparently anything Congress does cannot be wrong in her mind, [...]

The Dems Little Bighorn

Custer’s Last Stand Democrats are in deep trouble. The November election results were devastating, especially at the state level where control shifted to Republicans. To put this into perspective, Republicans had been out of control in some of these states since the Civil War. Wounded, perhaps critically, the party is desperate. It is only in the context of  the bigger [...]

Welcome to Chaos

The contagion continues to spread. Europe probably will participate this summer. The US hasn’t started quite yet, although Wisconsin might be a spark. It is difficult to feel sorry for public unions when they obviously make more than non-public employees doing the same job. They will likely try to precipitate unrest, but the real issues are not likely to hit [...]

“Conditions are Spinning Out of Control”

For those foolish enough to fall for the government propaganda that a recovery is underway, caution and reconsideration are in order. All that governments have left is to promote the illusion of a recovery. They have exhausted their money, creditability and citizens’ patience. Gerald Celente described their actions: From the onset of the financial crisis that began in August 2007, [...]

Modern Government

An email sent by a reader conveys all you need to know about the efficiency and forthrightness of current government: All you Need to Know about non-partisan US Government and Bureaucracy: ** Pythagorean theorem: ……………………………………………….. 24 words. ** Lord’s prayer: ……………………………………………………………. 66 words. ** Archimedes’ Principle: ……………………………………………….. 67 words. ** 10 Commandments: ………………………………………………….. 179 words. ** Gettysburg address: ………………………………………………….. 286 [...]

Who is to Blame for our Mess?

It pains me to watch my country deteriorate. As many know, I consider our condition past the tipping point in terms of economics, politics and simple mathematics.  This condition did not develop overnight or in the last couple of years. It has been coming on for a very long time. What has happened recently is a massive, unnecessary acceleration of [...]

Cairo Coming to a Town Near You

The Federal Reserve pretends that Quantitive Easing  is helping the economy. It is now obvious that it is not. At best, QE provides a political diversion. It makes the economy look like it is improving (or at least not worsening), but only for a short period of time. Eventually that effect wears off and  it results in high levels of [...]

Wisconsin is Only the Opening Act

Madison, WI may be taking up most of the domestic headlines with its budget battles, however that will change. All states and municipalities are, to various degrees, similar to Wisconsin. Government spending is not sustainable. The fantasy world of the last couple of decades produced higher GDP as a result of debt expansion. Neither the GDP nor the tax revenues [...]

Bernanke’s Road to Serfdom

The events in the Middle East are not helpful to anyone. Yes, the governments are oppressive, at least in our eyes. But sometimes the devil you know is preferable to the unknown devil that follows. Those who believe these countries deserve “democracy” don’t understand the difference between democracy and liberty. Our founders truly feared democracy, knowing that it would destroy [...]