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Mauldin on Europe

John Mauldin’s latest newsletter (which is free and you should sign up for) provides his thoughts regarding Europe (and some implications for the US). As Mr. Mauldin indicates, there has been no resolution of the crisis, only a temporary respite from it:  Sweden, the Socialist Mecca I was brought to Stockholm to speak for Swedbank. They arranged for me to [...]

Bernanke Dutifully (or Ignorantly) Attacks Gold

Ben Bernanke spoke out against gold this week. According to Joe Wiesenthal he destroyed the idea of gold returning as a form of money or primary part of a monetary regime: Ben Bernanke just gave the first lecture of his 4-part series on the origins of the Fed. … one thing really stood out … He spent a lot of time talking [...]

Unemployed vs. Out of Work from Abbott & Costello’s World

Humor, of sorts, as received from a reader. Obviously this was inspired by the famous Abbott and Costello baseball sketch Who’s on first?  Never mind that it is funny. It explains perfectly how the unemployment rate has been dropping.  COSTELLO: I want to talk about the unemployment rate in America . ABBOTT: Good Subject. Terrible Times. It’s 9%. COSTELLO: That many people [...]

The Universal Truth About Government Regardless of Its Form, Time or Place

Governments are corrupt, always and everywhere. The form of government has no effect on this universality. Nor does its time or place effect this truism. Almost a century ago, Albert J. Nock wisely observed: Taking the State wherever found, striking into its history at any point, one sees no way to differentiate the activities of its founders, administrators and beneficiaries [...]

Spinning Out of Control

DirectorBlue has provided a summary of the CBO report and its implications for this country. Sorry, there is no good news to be extracted, even from this ostensibly (but not really) independent monitoring agency. Their forecasts are almost always optimistic, if you can call this route to bankruptcy they have produced as optimistic. It will be compared to the roll [...]

Let’s All Be Unhyphenated Americans

Wonder why your kids don’t learn at school? Here is but one reason related to political correctness gone wild. The woman in this video is shrill, but she is correct in what she says. The hypocrisy of the school system, driven by the political correctness madness, is quite evident in the manner with which they treat the Muslim religion as [...]

The Californiaization of the US

One can only hope that California has ceased to be a trendsetter for the rest of the nation. This email, purportedly written by Roger Hedgecock, explains why. California has become the nightmare spawned by crazy liberalism. Fortunately for Californians, they can run and hide in some other state (which many are doing). If this happens on the national level, and [...]

Pretentiousness

This article caught my attention. I thought it must have great applicability to politicians although Calvin Trillin, the author, did not go there with what would appear to be a universal concept. It seems as though it would have been invented for the political class, possibly then spun off into other areas of society. Maybe some clever reader could adopt [...]

Obama: An Affirmative Action Gift

Martin Luther King fought for equality, not preference. So did Hubert Humphrey, one the biggest supporters of the Civil Rights Act. Both, I think, would be appalled at what their efforts have spawned. Neither were in favor of “affirmative action,” certainly not in the extremes in which it is interpreted today. In this light, I thought it worth publishing Matt [...]

A Christmas Card From Monty

    MERRY CHRISTMAS To All       Thanks to all readers of this site. Despite all our problems, this country is still a pretty good place. Enjoy the spirit of giving and the closeness of family so prevalent this time of year. Merry Christmas, Happy Hannukah or whatever your pleasure. Peace and goodwill to all. These images and many [...]