May 13, 2008
Obama’s Excremental Economics
As prolongation of the 1930s Depression and stagflation in the 1970s demonstrated, Senator Obama’s announced policies are a prescription for economic disaster.
Keynesian economic doctrine, not under that name, but in substance, is back in the news in a truly menacing way. Senator Obama proposes to repeat the policies of Franklin Roosevelt’s New Deal that [...]
May 11, 2008
Slaves to the Welfare State
New Orleanians born and bred in the welfare-state seem honestly believe that they are not required to do anything to help themselves.
A large number of people, most of whom apparently are residents of New Orleans, have favored me with four-letter-word denunciations of The god That Failed New Orleans.
A common allegation was that I had written [...]
May 10, 2008
Questioning Pagan Gospel
A few things for the high priests of environmental paganism to ponder when they next forgather to worship their own egos.
Barton Bennett sent me a link for Dr. Walter Williams’s column reminding us how far from the truth is the junk science that flourishes like maggots in today’s cesspool of educational ignorance.
So far [...]
May 3, 2008
Man for All Seasons: Chuck Baldwin Garners Nod for President of the United States
To some, Chuck Baldwin is the consummate Christian minister. To others, he’s a one-man think-tank studying, researching and analyzing the human condition within today’s American society.
One minute he’s leading a church service for one a large Christian congregation in Florida. Next minute, you’ll hear Rev. Baldwin telling his audience why he’s against killing innocent, newborn [...]
April 21, 2008
Regulatory Illusion
Today’s clamor for more regulation of financial institutions to prevent another subprime mortgage meltdown is an exercise in self-deception.
Congress, led by Representative Barney Frank, is planning to overhaul regulation of the financial community, and Treasury Secretary Paulson has already proposed a broad program for that purpose.
No doubt, much of what is proposed is [...]
April 14, 2008
Counterproductive Liberal-Progressivism
Liberal-progressive environmentalists are starving the world’s poor.
Liberal-progressives are enthralled with imposing collectivist regulation to satisfy their religion’s “feel-good” agendas.
But the cost of liberal-progressive worship of collectivist abstractions is great. Diverting limited economic resources into less important or less effective uses, inherent in the straitjacket of government regulation, impoverishes the world with lower [...]
April 8, 2008
Labor Union Perspective
As the proposed trade agreement with Colombia reveals, labor unions are organizations of self-centered greed, which disingenuously cloak themselves with pretense of God, country, and mom’s apple pie.
President Bush, by calling for Congressional approval of the trade agreement with Colombia, is compelling liberal-progressives to choose between the high-flown, one-world internationalism to which they give lip [...]
April 4, 2008
Herbert Hoover McCain?
Senator Clinton and the Los Angeles Times need to get their facts straight before making ignorant pronouncements.
The Los Angeles Times Blog recently reported:
In the very first words she uttered reacting to John McCain’s speech on the housing market crisis Tuesday, Hillary Clinton evinced part of her appeal to older voters: her frame of reference is [...]
Comments (1) Filed under: Economics, Politics, VOA Economy and Finance, VOA Politics, Vox Populi — Thomas Brewton @ 10:20 pmMarch 29, 2008
Can Government Fix the Over-Built Housing Market?
Why did we get a massive over-building of single family homes and a plethora of bad mortgage loans?
Responding to Liberals’ Wall Street Pirouette, a reader wrote, among other observations:
I was right with you until…
“the huge overproduction of housing would not have
occurred.”
What “over-production”?
Remember: supply, demand and price balance except where
force or fraud intervene, in a theoretical [...]
March 23, 2008
Liberals’ Wall Street Pirouette
Liberals blaming the takeover of Bear Stearns on capitalism is akin to blaming the homeowner if someone sets fire to his house.
Washington Post columnist E. J. Dionne, Jr. blames capitalism for the Wall Street meltdown that led to the collapse of Bear Stearns and its acquisition by J. P. Morgan Chase with financial support by [...]




