Politics
The states of government and What is America’s true form of government?
Government …. If you think the problems we create are bad, just wait until you see our solutions.
Government …. If you think the problems we create are bad, just wait until you see our solutions.
It is commonly assumed that the government will regulate Wall Street. But who will regulate the regulators? To have any chance of success the G-Men have to be magically more virtuous than those of us in the private sector. Yet the reason most people go into government is that they Read more…
Every generation of people that pass across the face of the Earth feel that they are different in some way from the past waves of humanity. The politician of today imagines they have tools to control the economy that they did not have in 1929. They imagine they can stave Read more…
People are suggesting that by not changing conservatives will fail. As per the book “The 48 Laws of Power” the only way you fail is by not being successful in the effort to feed your armies. In this case voters = armies. We need to architect a type of capitalism that Read more…
You want to use mathematics of some type to model behavior of the economy. How to do this? A model uses carefully simplified descriptions of systems to attempt to predict the future. What the economic system is? I propose a herd of cattle. Why? generally travels in groups – behavior is Read more…
The next boom / bust cycle is already in the cards. Our wizards of smart politicians in Washington D.C. have insured that with a tanker load of fiat issued scrit paper money. So what is my prediction? It goes like this Next year … 2009 will be a very slow Read more…
The size of the bailout is such that it suggests a Washington / Wall Street axis is going to form. This financial dictatorship can stomp its feet and will shift blame to anyone except those who really caused the crisis. Watch out. In the unlikely event this bailout is successful Read more…
Just another manifestation of how you should spend or give away all your money before you die. Otherwise some idiot will use the prestige of your foundation to exhort their political views. Paul Krugman is a unrepentant partisan hack. Gore followed by Krugman confirms that the Nobel Prize is going downhill Read more…
I made the mistake of going to the post office today forgetting it was Columbus day. As you know any holiday a normal worker must work a government workers has off. Thus I walked in the antechamber of the post office only to see the locked doors of the working Read more…
All over the mainstream media we are seeing authors ask if this crisis is the end of American capitalism. They have active imaginations. The would be better to ask if this is the end of a American socialism since that is more descriptive of our system and what got us into Read more…