Is the Stock Market a Washington Concern?

The bailouts, stimulus bills, bloated budgets and exponential expansion of Government that we see evolving everyday recently raises questions about the viability of Wall Street and the stock market.  The market continues its plunge with no let up in sight.  It has sunk below its recent lows and may be headed toward 5000 on the [...]

Mercantilism Modernized?

The direction our Government is taking toward the current economic difficulties brings to mind the intervention of European governments a few centuries ago.  Just today it is announced that another of our largest banks is being granted further aid by the Feds at the costs of billions.  Along the way the Government will also now [...]

Mad Scientists To Run Economy

We have embarked upon a dangerous road of Government intervention into the private market place in the last few months.   The scope and scale of that intervention is staggering.   The Government seems to believe it can run the market and pick the new products we all want.  It has been picking winners and losers for [...]

Soviets compared to Nazis–part II

I must add a footnote to yesterday’s comments about the Commies.  It was everyone’s paradise because you didn’t have to pay taxes.  There was no income tax, property tax, sales tax or estate tax under their system.  The Governmnet paid you what it thought you deserved.  It already had all the money, the property, the goods [...]