Thursday, July 16, 2009

Free kibbles

In an essay from last December, Mises scholar explains that the Fed's monetary policy and government intervention will make unemployment worse, not better. Since then, employment has continually gotten worse while the so-called experts, the same so-called experts who failed to predict this economic crisis in the first place, have continually predicted it will get better. It's not hard to see who the real experts are.

Sarah Palin shows that it's not just liberals who can be whiners. No kidding. It takes two to have a childish spat, and she loves having them with the liberal media. The longer Palin is in the public eye, the less I like her.

Lew Rockwell points out what to many seem to be a the contradictions of the Obama administration.
"The worst-possible time to be imposing new mandates on business of any sort is during a downturn. Make the mandates labor specific and you have a recipe for causing the unemployment rate to land in the double digits and go up from there, higher and higher until the entire economy shuts down."
But even smart people don't want to believe, refuse to believe, the obvious:
"Even so — and for reasons that are unknown and can only mystify the learned person — the Congress and the Obama administration keep trying to pretend as if reality doesn't exist."
Nobody wants to think an American president would intentionally harm the country, but that's exactly what's going on. Obama's advisers understand the consequences of his policies. They understand Obama's policies will harm Americans. Since his advisers know, Obama knows. The only rational conclusion is that Obama is intentionally harming Americans. And that conclusion fits perfectly with everything we know about Obama's lifelong indoctrination into Marxism including his partnerships with Ayers, Wright and ACORN. Obama is a Manchurian Marxist president trying to collapse the US economy so America will have a Marxist revolution. When you look at Obama's agenda from this perspective, there are no contradictions.

According to an email from FairTax.org, Rasmussen reports that 43 percent of Americans support replacing the income tax with a consumption tax. That's great news. The more the people hear about the FairTax, the more they love it. But we have to be careful. Tax issues are just a symptom of the real problem we face, government spending. The FairTax would be a revenue generation machine. It would create an economic renaissance unparalleled in US history. We can't let government expand spending because of this new revenuel, so FairTax supporters must also be adamant about dramatic cuts in the size and scope of government. Micke Huckabee is interested in cutting government.

In looking back at the financial collapse, Mises scholar examines different actors in the market economy, the actors currently blamed for the collapse, and shows that they were behaving rationally, not greedily or irresponsibly as they've been accused, based on the perverted signals provided by a marketplace corrupted by government intervention. He also points out an often overlooked facet of government regulation, one my pet peeves, government regulation gives people a false sense of security.

Now I understand how these ugly, uncomfortable looking shoes became popular. It was bubble driven company.

If you call 911, you might be arrested for cussing. At least the police chief admits his officer screwed up, but I find it hard to believe this was an isolated incident for this officer.

Auto CEO Obama opposes Congress' efforts to force GM and Chrysler to keep dealerships open. He's right on this one, but it puts him at odds with his fellow Democrats.

Democrats' health care oppression plan creates new bureaucracies because bureaucracies are so successful and helpful for the people. One of the great joys every American looks forward to is dealing with government bureaucracy.

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