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“By one measure, the government already plays an outsize role in our so-called free-market economy —and it has little to do with the recession. Economist Gary Shilling has calculated that 58 percent of the population is dependent on the government for “major parts of their income”...
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Highly recommend The King Canute Economy: Governments’ Futile Attempt to Stem the Tide to understand what is happening in our country and around the world. “In the legend of King Canute on the sea shore, it is popularly represented that King Canute was so arrogant that he actually sought...
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Finally. someone is courageous enough to say what everyone else is thinking . There is little doubt that many other companies feel the same way and are taking the same actions as David Farr , Emerson Electric ’s CEO. They choose to keep low profiles by not standing up and speaking out. Not so Farr...
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An earlier version of this article appeared on American Thinker . This version appeared on my site, Monty Pelerin's World . Dr. Alan Blinder , Professor of Economics at Princeton and former vice chairman of the Federal Reserve Board (amongst many other prestigious accomplishments), had an editorial...
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Looking back at my childhood in communist Romania I remember the respect towards authority that was instilled in all of us. Yes, I grew up in a system where the authority was always above everyone else, they were never wrong no matter the circumstance and we had the right to keep our mouth shut and never...
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The Michigan state legislature has avoided another shutdown of the state government by passing a budget resolution that gives them another month to craft a budget that meets the needs of the state. The Republicans are holding firm on not raising taxes while cutting a lot of the social programs that have...
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I loved HALO. The original game. Even with XBox Live, neither HALO 2 nor HALO 3 captured the essence of the original game feel. Not only was it a great game, but it had a great soundtrack. I still listen to the album when driving from time to time. One of the best songs on the HALO soundtrack is The...
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I was looking over my posts the other day and said to myself, "Futbol Guru, you sure have become cynical." So I've been thinking about my attitude and trying to decide if I'm being fair or if I've gotten into a rut. Well it's always possible to focus on doom and gloom. My lovely...
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The defense budget of the United States is the largest on the planet. Our nation pours massive resources into improving, modernizing, and keeping our fighting forces the best trained and best equipped in the world. While it is foolish to assume that we should win every battle because of this, or that...
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They say things come to you in the shower. That doesn’t usually happen with me. More often, during the act of climbing into bed. Then I have to get up and write the idea down, for experience has taught me if I don’t write it down, no matter how Earth-shattering the thought, it will be gone...
Posted to
Not-a-Lemming
by
FutbolGuru
on
Fri, Feb 6 2009
Filed under:
Filed under: Bail out, Bailout, socialism, economy, Communism, capitalism, government, retirement, feudalism, greed, mutual fund, FICA, taxes, Social Security, stock market, swindle, 401K, swindler
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AMC. American Motors Corporation. Does anybody remember that one? They actually made some pretty cool cars. The Javelin and AMX come to mind. Forward thinking for the time, the AMX was a two-seat sports car with a 401 C.I.D. engine. Fast, good-handling. It actually competed well with GTOs, Camaros, Mustangs...
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We forget things. We forget because we are people, and people are lemmings. For a moment, recall the basis for my analysis – the myth of the lemming. Lemmings DO NOT rush into the sea and commit mass suicide. Lemmings can, however, be frightened, especially by those who seek to benefit from their...
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In 1940 the Wehrmacht was the most successful army on Earth. Nazi Germany's insane leadership had hijacked their nation's professional military and sent them on a rampage across Europe. Prior to their failed invasion of Britain, which rested on the backs of the Luftwaffe, they had tasted only...
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Why is it that I keep hearing the U.S. has the strongest economy in the world, but that it needs shoring up? Seems like cognitive dissonance.
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Normal 0 false false false MicrosoftInternetExplorer4 There are two ways in which to better your lot in life. One is to build yourself up. The other is to bring others down. We have all experienced people that have chosen one approach or the other. We all know someone who is always blaming someone else...