Supply Side Economics From Centuries Ago

With all the bailouts and Stimulus money floating around and the unimaginable amounts of money printed by the Fed being injected into our economy there is renewed debate about the best way to turn our economy around.  Many, especially those in the current administration, tout the idea that we need to keep pouring on the [...]

2 Cents Worth on Life Its Ownself

When Clinton pushed for and got Congressional approval for the repeal of Glass-Steagal it allowed the distinction between commercial banks and investment banks to disappear.  Many hailed that as a great achievement.  The White House then took the position that the distinction was old hat and a product of an earlier era that no longer applied [...]

Debt Debacle

Sometimes the current economic pundits talk about our current debt and indicate that it is not as severe a problem as others think.  This in spite of the fact that even those in the current administration do give lip service to the notion that the deficits and debt growth are “unsustainable”.    They just want to [...]

King Dollar and Diplomacy

This is not a polemic on politics but rather a discussion about economics, numbers and the international relations and effects of the US currency and its perceived worth around the world.    In the Wall Street Journal and other economic news outlets there has been substantial discussion of recent days about the decline of the dollar [...]

2 Cents Worth–Constitution, Dollar, Sports, Weather

It appears we will have some sort of health reform bill in the near future.  Forgetting all the political and indeological arguments I do wonder how much more it will cost each of us.  The free lunch analogy will apply here like it does to everything.  To pay for all those without coverage who say [...]

Global Warming Data

I watched another discussion last night about the alleged dangers of Global Warming.  I don’t know about you but what I find particularly disturbing and suspicious is the lack of hard data from those warning of this alleged danger.  The spokesman last night was with one of those envoirnmental groups who advocate everything and anything [...]

Rights, Responsibilities and Society

It seems that all societies go through periods when they confuse or diminish the distinctions between rights and responsibilities.  On the one hand everyone today is claiming that everything is a personal right and on the other they believe it is the government’s responsibility to fix anything and everything they perceive as not working out [...]

Resolve, Revolution and Hope

Some are delighted with the direction the country is taking at the moment.  They relish the growth of government and believe the more laws, regulations and central control the better.   They believe that government truly can and should be our nanny from the cradle to the grave.  They apparently don’t trust the people to do the [...]

D. C. –Central Command and Control For Economy

The progressive march toward D. C. controlling greater portions of our economy has been moving steadily forward since the time of FDR.  There have been a few short eras of retrenchment but the floodgates were opened when the Supreme Court adopted a “no limit” on the interstate commerce clause of the Constitution in the ’30’s.   [...]

Health Care Reform and the Constitution

It is amazing to hear so many politicians making proposals in both the House and the Senate regarding health care reform without even a passing nod to the Constitutional authority of Congress to enact such legislation.  I know the idea of Federalism and the Constitution must seem quaint and old fashioned to many of them [...]