Category Archives: Watching the Apocalypse
Bubble, Bubble, Oil & Trouble…
From the Washington Times… Jacqueline Michel, a geological chemist who is coordinating the federal assessment of damages to the shores of Texas, Louisiana, Mississippi, Alabama and Florida, says the impact of the oil spill has been “much, much less” than … Continue reading
Dependence Day: the Sunday Not-So-Funnies
When you spend more than you make you go into debt. Congress has been spending more than Americans make for 25 years now, spending on foolish entitlements for the sole purpose of staying in office. They have taken your money … Continue reading
The Zimbabawe Way: Inflation & the Limits of Government
Here’s something nobody is going to tell you. An article was printed in the WSJ in May… History has consistently demonstrated that economies of every stripe, market economies or centrally planned economies, cannot generate more than one fifth of their … Continue reading
Gaza Peace Aid Ship: Everyone On the Cruise Was Named ‘Mohammed’
from the comments on the superb Canadian blog Small Dead Animals…. “Call me cynical, but I would bet a goat load of shekels that the “peace activists” were testing the Israelis with a manifest that did not include much in … Continue reading
The BP Oil Spill: A Non-Hysterical Assessment
Letter from Don Boudreaux to the NY Times: David Brooks’s list of those human cognitive limitations that arguably led to the BP Deepwater oil spill is useful (“Drilling For Certainty,” May 28). This list, however, contains one item that seems … Continue reading
American Despot
June 2006… “The transition from unitary executive to dictator – conservative, benevolent or otherwise – will not happen in the waning months of the current administration, so uniquely manifested by America’s First Triumvirate of George Bush, Dick Cheney and, until … Continue reading
The Rider On The Red Horse: Is A Big War Coming?
“When the Lamb opened the second seal, I heard the second living creature say, “Come!” Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay … Continue reading
Financial Reform, Dog Weddings & The Death of Keynesian Economics
The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. John Maynard Keynes Spent the past … Continue reading
The Great American Bank Con Job
Visit msnbc.com for breaking news, world news, and news about the economy Mad yet? Now read The Balloon Theory… “History and Background In 2008, the peoples capacity to finance the debt they carried was exceeded. A global balloon of debt … Continue reading