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Thursday, October 25, 2012

Changing government..."One big insurance company with a military."

http://conversableeconomist.blogspot.com/2012/08/entitlements-public-investment-and.html

I think this is what Paul Krugman has called the federal government. Read the above short piece and there should be no doubt left in your mind about what we are deal with and what our future holds.

Wednesday, October 24, 2012

Stop fighting and love Big Brother.


"The trick is to stop thinking of it as "your" money." —IRS auditor



Thursday, October 11, 2012

Outrageous claim!

http://www.economicsdegree.net/enlightened-economists/


Click on the above link and scroll down to #72. That is just scandalous!

Wednesday, October 3, 2012

A podcast with Lee Ohanian.

http://www.econtalk.org/archives/2012/08/ohanian_on_the.html


Load it up on your ipod or whatever and go work out while you listen to Lee Ohanian tells us why we are only somewhat better than Europe. And why we are likely to stay there.

Monday, October 1, 2012

The World's Mad Dog. The American Embassy and the Iranian Invasion.




Thirty-three years ago Iran violated the territory of the US and took the folks in our embassy hostage. Thus began a 444 day national nightmare. At the time, the Iranians were also thinking of invading the embassy of the Soviet Union but did not. Andrei Gromyko was the Soviet foreign minister at the time and he remarked "if they would have done that, Tehran would have been a parking lot by lunch the next day". Ronald Regan took office the day the hostages were released and proclaimed "that was an act of war". Jimmy Carter did nothing, tried a failed rescue operation, and then talked, talked and talked some more. Thirty years later and it is an even bigger mess. Thanks Jimmy.

Iran is the World's Mad Dog, just as World War I Germany was proclaimed. It took World War II to finally kill the mad dog. I don't see this going very well at all.