Economic, Financial and Political Analysis
Bill Bonner always provides insightful articles. Here he deals with economists in a non-flattering way. Readers of this blog know that I agree with virtually everything he says below. I have likened much of the profession to prostitutes in the sense that they sold out their principles for the grants, prestige and income available to [...]
Bill Bonner, as usual, provides an interesting perspective on the news. Here is his take on government employment reporting: … if they reported the unemployment rate today the same way they did during the Great Depression, unemployment would be at 22% — only slightly below the level of the ’30s. The Federal Government is responsible [...]
On the Uses of Government By Bill Bonner 12/13/11 Baltimore, Maryland – “The Divine Right of Kings” was a theory of government that held water. But you had to put the water in the right container. You had to believe in God. You had to believe that He gave out job assignments. You also had to believe that [...]
Bill Bonner describes how the government, with too many of the people’s blessings, got us into this mess. According to Mr. Bonner this interaction between the governed and their government was responsible for an impoverishment of the masses: They demand that the feds ‘do something!’…not realizing that the feds — more than anyone else — [...]
H/T to John Mauldin and his fine newsletter for this quote from Bill Bonner. Both are among my favorite reads. Bonner writes for The Daily Reckoning: Where is the peace dividend that was supposed to come after the end of the Cold War? Where are the fruits of the amazing gains in efficiency that technology [...]
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