Sunday, December 28, 2008

Free kibbles

Israel bombs 40 resupply tunnels to Gaza. Egypt has shut down the border so Hamas can't be resupplied. Good for the Egyptians. Let the people of Gaza suffer the consequences of their actions. They're complicit in Hamas's rocket attacks on Israel.

Pakistan is suffering the consequences of its actions as terrorists bomb school in northwest Pakistan, where troops were withdrawn and sent to India.

It was presidential policy that George Bush face no dissenters. Meeting dissenters will be quite a shock after he's out of office.

Sarbanes-Oxley costs companies money and fraud is more prevalent since the law was passed.

Reason wonders when falling home values became politically intolerable.

The US is facing a looming debt crisis that could destroy the country, possibly within a generation, but it won't hit in 2010 like this Russian thinks.

The WSJ explains why Keynesian spending plans are so seductive to the public and how damaging they are to the economy.

Article on the coming hyperinflation explains that banks are hoarding over $500 billion the Fed shipped to them in unprecedented reserves, fearing making loans in this risky environment. Once banks think the risk is reduced and start lending again, this will lead to an increase in the money supply by trillions of dollars leading to hyperinflation. Bernanke has orchestrated a future inflation disaster.

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