This past weekend Dale and I headed down to Temecula to our friend Tori’s house for a Halloween costume party. Dale and I got all dressed up! We went political this year…I dressed up as Sarah Palin and Dale dressed up as Obamessiah!! That’s “obama gonna save us from ourselves” in layman’s terms. A bit [...]
Category > Politics
Financial Crisis Myths
Over a month ago Hank Paulson and Ben Bernanke said that we should be really scared because credit was going to completely and immediately dry up, making it impossible for thousands of small businesses to get loans and make payrolls. They also claimed that the commercial paper market was in major trouble.
Just recently the Federal [...]
The Consolidation of Power
Karl Marx, on page 243 of his infamous book The Communist Manifesto, states that the “proletariat will use its supremacy to wrest, by degrees, all capital from the bourgeoisie, to centralize all instruments of production in the hands of the State.” He then states that “the following will be pretty generally applicable:
Abolition of property [...]
Origins of the financial crisis
Here is an excerpt from an article from 1999 about Fannie Mae and it distinctly shows how we ended up in the mess we are currently in. For some reason, people seem to be blaming republicans for everything and I’m not sure why. There is enough blame to spread around for sure, but this article [...]
What Is Not Seen
When the government proposes to fix our economic woes by intervening in credit markets, A little perspective on what is not seen is in order from Frederic Bastiat, who wrote the the essay What Is Seen and What Is Not Seen over 150 yeas ago. A few choice paragraphs follow:
However, the credit organizations would [...]
One From One Leaves Two
In light of the looming socialism our country faces as a result of politicians ‘fixing’ our financial crisis, I thought I would post one of my favorite poems:
One From One Leaves Two
- By Ogden Nash
Higgledy piggledy, my black hen,
She lays eggs for gentlemen.
Gentlemen come every day
To count what my black hen doth lay.
If perchance she [...]
I love Sarah Palin!!
Hi everyone!
I don’t think I’m the only one who was recently amazed and impressed by the stunning Sarah Palin! I’ve always liked and admired John McCain, but now there is even more of a reason to support John McCain for President…he has excellent judgment and isn’t afraid to take calculated risks in order to reap [...]