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The state of the US economy is worse than it looks
Many are looking to the expansion of factory production and the rise in GDP as evidence of economic recovery, proving once again how ignorant of economic history the great majority of pundits and journalists really are.
Why capital gains taxes undermine economic growth
The Democrats are going to raise capital gains taxes significantly because Obama says that would be only fair. But what is fair about attacking economic growth, which amounts to an attack on future living standards?
Why 'saving' energy raises the demand for more energy
We have seemingly reached the absurd situation that someone who has spent four years at university studying economics can leave with a first class honours without a grasp of sound economic reasoning
There is no business cycle
The current economic situation has got members of the commentariat nattering about Australia's business cycle, Reserve policies, government borrowing, consumer spending, etc. Far be it from me to contradict our economic Solons but there is no business cycle
Cuban dissident murdered by Castro's thugs
On February 23 black human rights activist Orlando Zapata-Tamayo died after an 83-day hunger strike and a series of savage beatings by Castro's thugs. There were no headlines in the Western press nor were there any protests. Hollywood's Castro lovers like Oliver Stone and Chevy Chase and Sean Penn remained silent. As is always the case with the left, it is never the crime that matters but who commits it
Is Obama trying to bankrupt America?
Is Obama trying to bankrupt America? One short year ago, asking this this question would have guaranteed my inclusion among the ranks of right-wing nuts and/or conspiracy theorists. Today, it is a serious question being asked by a number of commentators
Scolding and the Biblical Law
Even committed Zionists have become indifferent and cynical due to the self-destructive policies and inaction of successive Israel governments. There is an atmosphere of despair among many staunch Zionists and supporters of the state of Israel
Gays in the military: don't ask, don't bleed
The U.S. military has always discriminated. There are a host of malignant behaviors such as illicit drug use or habitual criminality that can render a person ineligible to serve
Why the US economy could suffer another contraction
The US economy is now in a situation that is unique in its monetary history: a massive and totally unprecedented expansion in its monetary base followed by a contraction in bank deposits. Only an utterly incompetent Democratic administration could pull off a stunt like this
Does it make sense to resurrect the Glass-Steagall Act?
The policy makers of the Fed are of the view that they can somehow navigate the economy toward the path of stable economic growth. Their navigation via money pumping leads to fluctuations in the money supply's rate of growth. This in turn leads to the boom–bust cycles that the Fed supposedly is trying to smooth out or eliminate all together
The US recession and the myth of 1937
The current situation has many people referring back to the Great Depression, particularly the 1937 downturn. As usual they are drawing the wrong conclusions. The lesson that so many have failed to grasp is that the Great Depression is a tragic testimony as to what can happen to a country when governments defy economic laws
Carbon taxes energy production and technology: more green nonsense
Trying to run an advanced economy on alternative energy sources would be an economic and social disaster. Moreover, the idea that raising the cost of energy will induce the emergence of new technologies could only be proposed by people completely ignorant of economic history and the history of technology
Green policies are laying down the foundations for future famines
The current frigid conditions affecting the Northern Hemisphere may not be an isolated weather event but may be a harbinger of natural climate change. In the meantime Australian politicians are deliberately sabotaging Australia's capacity to produce food
Has the US Department of Justice been turned into the Department of Jihad?
It has been revealed that Attorney General Eric Holder is knowing putting extreme leftwing lawyers on the DOJ payroll, lawyers how volunteered their services pro bono to defend terrorists and are still doing everything within their power to have these mass murderers released. Holder's old firm of Covington & Burling has an appalling reputation for sympathizing with terrorists. Any sensible person would consider this firm's actions as bordering on treason
Obama: America's first cargo cult president
How much is obfuscation or deliberate deception? Are the political, educational and punditry high priests and priestesses true believers? Or do they just perpetuate the myths to perpetuate themselves? Is there a way to tell? To distinguish between the cultists and those who are not? Would it make any difference if we could?
I was A 'useful idiot'
The term 'useful idiot' was originally coined by Russian mass-murder Lenin, referring to blind defenders and apologists for the Soviet Union in the Western democracies. The most famous of these useful idiots was New York Times Moscow correspondent Walter Duranty
The US economy: Why the surge in GDP does not herald a recovery
While Obama's ideologically-driven policy of tax, spend, borrow and regulate poses a grave danger to the American economy attention must be drawn to the role that monetary policy as dictated by Keynesianism has played in distorting the economy
Will inmmigration cut real wages?
A great many misconceptions about immigration, population size and the nature of economic growth abound, particularly among businessmen. Unfortunately many economic commentators are not much better
George Soros' economic illiteracy and loathing for democracy
Despite the assertions of his many defenders Soros's understanding of economics is truly abysmal. Moreover, his political activities reveal an authoritarian personality and a withering contempt for democracy
Steve Soderbergh's Che and historical accuracy
Hollywood's love affair with sadistic leftwing thugs continues unabated. Steven Soderbergh and actor Benicio Del Toro's celluloid homage to Che Guevara has got the 'literati' in absolute tizz. It seems that the idea of the heroic Che putting a bullet in the back of a kid's head gives them a better high than snorting coke
Democrats' political suicide pact
In 1994, voters took Clinton and Democrats to the woodshed for 1) trying to 'Mark McGwire' the federal government through imposition of socialized healthcare, and 2) for pushing hard-left social policies to include misusing and abusing the military as a petri dish for San Francisco-style social experimentation. It looks like a rerun is on the way
My snap answer to Mort Zuckerman on how to get America working again
When the president is a Democrat leftwing journalists never cease finding excuses why this or that is not working, especially when it comes to unemployment. Mort Zuckerman is no exception
Open letter to Sebastian Pinera President of Chile
Sebastian Pinera's election as President of Chile could have an energizing effect on Latin American countries, particularly since several presidential elections are likely to lead to changes of government
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