Browsing All Posts filed under »Macro Economics«

Beware of Liberals Touting Collectivism and Seeking Higher Taxes

January 24, 2013

1

The following is an analysis by John Gray, professor emeritus at the London School of Economics: “One of the features that distinguished Bolshevism from Tsarism was the insistence of Lenin and his followers on the need for a complete overhaul of society. Old-fashioned despots may modernize in piecemeal fashion if doing so seems necessary to […]

An Economic Disaster Of Our Own Making

January 20, 2013

0

“The quality of U.S. fiscal institutions has deteriorated. Recent actions by Congress and Presidents indicate no willingness to recognize limits to debt and to engage in fundamental fiscal reform. They have reacted to each deadline, such as the recent fiscal cliff, by taking minimal action and delaying fundamental reform that would stabilize the debt ratio. […]

American Politics, Where We Stand

December 2, 2012

0

‘We have now an American political party and a European one. Not all Americans who vote for the European party want to become Europeans. But it doesn’t matter because that’s what they’re voting for. They’re voting for dependency, for lack of ambition, and for insolvency.” Quote from Professor Harvey Mansfield of Harvard University. I think […]

Whatever Have We Come To?

November 18, 2012

2

Columnist Janet Daley, writing in the London Telegraph, Nov. 10, sums up nicely where we as a nation have arrived at  with the re-election of Barack Obama: “The United States has now acquired an electorally powerful liberal bourgeoisie who are convinced, as their European counterparts have been for several generations, in spite of all evidence […]

The Greatest Movie Line Ever!

September 16, 2012

0

Are Things Today Really That Bad?

January 25, 2011

3

The economy is depressed, people are out of work, real estate is in the tank and people are just generally fed up with a declining standard of living and the politicians that have caused most of the problems.   If this is your view of life in the twenty first century, let us consider what life […]

A Lesson From The Not So Distant Past

January 4, 2011

2

This is Rudolf Havenstein. The name probably means nothing to most people. However, during the hyper-inflation in Germany that commenced after WWI.,  this man was the President of the German Central Banking System.  He held essentially the same position that Ben Bernanke holds in the U.S. today.   When Germany needed more money to fight WWI. […]