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 [...]

Health Care And Too Big To Fail

Since last fall we have had a great deal of discussion and debate concerning the phrase of too big to fail (TBTF) which was a newly coined term created seemingly just for this current economic mess.  That concept led to the TARP; it also produced the TALF program, remember that?  Likewise, a substantial portion of the [...]

2 Cents For These?

The following are worth what you paid for them but the asking price is still 2 cents per each as they say on the loading docks.
When you have spent an hour on the tarmac with no word from the cockpit about take off or pulling up the the gate, you wonder if those pilots were [...]

Stimulus Spending and 1983

Quite often in the last several weeks defenders of the administration’s stimulus plans, bank and auto takeovers, cap and tax and health care reform have made references to how our economy was in 1983.  They especially use the data regarding unemployment from that time to justify the current policies and proposed policies.    Inflation was still high [...]

Clunk Goes The Cash, Up Goes The Votes

I think it is quite important that the US maintain a strong heavy industry and manufacturing base.  I have nothing against the auto industry as an industry and believe it is a good thing that we make many products for consumers here and around the world.  I am not supportive however of Government, Inc. owning [...]

Numbers

Numbers have always played a significant role in the news of the day.  If there is a natural disaster we want to know how many people were injured or killed, how many homes were destroyed, etc.  If there is a war going on we like to have the casualty reports of dead and wounded.   The [...]

Message From Europe

The election results are finally tallied from all the recent voting in Europe.  We already know the outcome of the California tax issues elections.  Seems that some one in Washington should start paying attention to these results.  The mantra has been around for a few decades that California leads the way in the US on all [...]

Stress Tests Weak Hearts

I wonder if our free market system still has a heartbeat sometimes.  There is no question that the interventions of Government, Inc. over the last 6 months has severely wounded the vital organ.  Our income tax chief who can’t calculate his own taxes correctly and who also happens to be the Secretary of the Treasury [...]

Tea and Sympathy

Surely you recall the old movie of that name.  It was a bit bloated and overwrought but a real tear jerker for the ladies.  We had some tea served yesterday around the nation and the attendance revealed the sympathy the attendees have for responsible and limited government.  I have never been to any type of [...]

Government Intervention in the Marketplace

With the current mania for Government, Inc. to take over the world of finance, industry and health care it might do to recall some events from the early ’70’s in Britain.  At that time Britain was certainly not a bastion of conservative politics or economic theory.  The Cold War was still in full flower and [...]