Browsing All Posts filed under »Taxes«

Beware of Liberals Touting Collectivism and Seeking Higher Taxes

January 24, 2013

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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

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“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. […]

A Lesson From The Not So Distant Past

January 4, 2011

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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. […]

From Whence Cometh The Rage?

December 19, 2010

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The news this week, as every week,  is full of stories about people venting their rage against their fellow-man.  An individual walked into a school board meeting, drew graffiti  on the wall and then pulled a gun and shot at school board members from point-blank range. We hear of road rage with people taking shots […]

National Policy Choices And An Uninformed Majority

June 9, 2010

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Recently Zogby International conducted a survey to measure which group of voters were more knowledgeable about the economic policy choices facing the United States.  Those questioned were asked if they considered themselves to be Liberal, Moderate or Conservative. They were also asked their political affiliation or party choice either Democrat, Republican or Independent. They were […]

Libertarians And The Temptation Of The Gold Standard

May 25, 2010

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The people who are part of the Tea Party come from many perspectives on the political spectrum and are not all lock step in their ideas of what needs to be done about our national economic dilemma,  however an inordinate number of individuals in the Tea Party seem to be of a Libertarian bent and […]

Economic Chaos, Three Possible Solutions

May 8, 2010

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It would seem that the recent economic crisis enveloping Greece is merely a preface to what is to come in many of our States and eventually to the U.S. as a whole. Our deficits are staggering and unsustainable. As I see it we have three choices, none of which are ideal.  Solution 1. We raise […]