I just saw this on you tube, and thought I'd share... because it's quite funny.
Showing posts with label Clinton. Show all posts
Showing posts with label Clinton. Show all posts
Wednesday, March 19, 2008
Thursday, February 21, 2008
One of the greatest delusions in the world is the hope that the evils in this world are to be cured by legislation.
Here's an interesting article on the subprime mortgage situation:
http://money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-23168675.htm
The author examines the causes of the crisis, and comes to the conclusion that too much government regulation is one of them. Many factors contributed to crisis, of course, but I'm inclined to agree that too much government probably had something to do with it too. Of course, I think too much government is behind most problems.
I suspect that now the government is going to make things even worse trying to come up with a "solution." There's been a lot of talk about preventing the banks from foreclosing on the homes of subprime borrowers (something that's already happened to some extent, although it's not permanent - yet), buying out the loans, or taking other regulatory action to "fix" things. One thing you can be sure of, if the government gets involved in the "solutions" business, it's going to cost taxpayers.
Speaking of taxpayers, have you noticed that news sources almost never refer to government money as taxpayer money? They refer to this-or-that governmental agency's "budget" or simply say the dollar amount- but you don't see "1 billion taxpayer dollars used to shoot down a satellite" (for example) very often. Hmm.
Finally: mainstream news annoys me. Today the major story is that John McCain maybe possibly had an improper relationship with a female lobbyist... eight years ago. This story, which is worthy of several front pages and much discussion on television news, apparently, is based on accounts from anonymous sources. Meanwhile, Hillary Clinton has definitively accepted numerous illegal campaign donations, and I don't remember any of those headlining the New York Times. Not to mention all the other questionable activities she and her husband have definitively been a part of, which probably haven't even made it onto the Times' back page this election season. I try not to think about how many people are getting all of their information from these sources, and doing no research (or thinking) for themselves.
The title of today's post is a quote by Thomas B. Reed.
http://money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-23168675.htm
The author examines the causes of the crisis, and comes to the conclusion that too much government regulation is one of them. Many factors contributed to crisis, of course, but I'm inclined to agree that too much government probably had something to do with it too. Of course, I think too much government is behind most problems.
I suspect that now the government is going to make things even worse trying to come up with a "solution." There's been a lot of talk about preventing the banks from foreclosing on the homes of subprime borrowers (something that's already happened to some extent, although it's not permanent - yet), buying out the loans, or taking other regulatory action to "fix" things. One thing you can be sure of, if the government gets involved in the "solutions" business, it's going to cost taxpayers.
Speaking of taxpayers, have you noticed that news sources almost never refer to government money as taxpayer money? They refer to this-or-that governmental agency's "budget" or simply say the dollar amount- but you don't see "1 billion taxpayer dollars used to shoot down a satellite" (for example) very often. Hmm.
Finally: mainstream news annoys me. Today the major story is that John McCain maybe possibly had an improper relationship with a female lobbyist... eight years ago. This story, which is worthy of several front pages and much discussion on television news, apparently, is based on accounts from anonymous sources. Meanwhile, Hillary Clinton has definitively accepted numerous illegal campaign donations, and I don't remember any of those headlining the New York Times. Not to mention all the other questionable activities she and her husband have definitively been a part of, which probably haven't even made it onto the Times' back page this election season. I try not to think about how many people are getting all of their information from these sources, and doing no research (or thinking) for themselves.
The title of today's post is a quote by Thomas B. Reed.
Wednesday, February 20, 2008
The finest opportunity ever given to the world was thrown away because the passion for equality made vain the hope for freedom.
The Democrats are falling all over themselves to be seen as the candidate who will do more for the "less fortunate." The nonsense that they spew gives me a headache. But what's even worse is hearing people talk about how fantastic their ideas are: how Democrats will cure all the ills and evils of society. Living in New York City, I hear this a lot... Sometimes I think economics books just aren't sold here.
A fun website: http://hilldabeast.com/. Not that educational, but I just don't like Hillary Clinton. On second thought, maybe it could be educational... for someone who doesn't know Clinton is a socialist and is inspired to do some research, perhaps? Probably not. But still good fun.
The title of today's post is a quote by Lord Action.
A fun website: http://hilldabeast.com/. Not that educational, but I just don't like Hillary Clinton. On second thought, maybe it could be educational... for someone who doesn't know Clinton is a socialist and is inspired to do some research, perhaps? Probably not. But still good fun.
The title of today's post is a quote by Lord Action.
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