Category Archives: economy

THE ORIGIN OF THE DEBT CEILING FIASCO


Thanks to History News Network (HNN), we now know (or at least I now know) how this peculiar business of budgets and debt ceilings came to be. It is all the fault of our Congress, more specifically of one Democratic … Continue reading

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OLD CZECH TRUISM – AS GOOD AS NEW


Here is some humorous commentary on central economic planning that used to circulate in socialist Czechoslovakia’s “underground” (i.e. where the 99% lived).  It strikes me as being eminently applicable as we watch Obama try to implement central planing in the … Continue reading

Posted in bureaucracy, centralized planning, dictatorship, economy, loss of freedom, Obama administration, unrestrained greed | Tagged , , , , , , , | 2 Comments

NATURAL GAS AND CARBON DIOXIDE


Interesting story here on the increased use of natural gas to create energy versus energy-related atmospheric CO2 trends.  The relationship seems to be an inverse one – the more natural gas is used to power generating plants, the less atmospheric … Continue reading

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YOUR RETIREMENT MONEY REDISTRIBUTED (RERUN)


I thought I’d rerun this rant from November 2011. I have been thinking about a couple of progressive concepts that the Obama regime is likely to employ as a temporary way to feed its spending addiction.  (I say “temporary” because … Continue reading

Posted in bureaucracy, capitalism, centralized planning, community organizers, Czechoslovakia, democracy, dictatorship, economy, free market economy, loss of freedom, megalomania, Obama, Obama administration, socialism, socialism, U S Constitution, unelected bureaucrats, unrestrained greed, USA, USSR | Tagged , , , , , , , , | Leave a comment

CARTOON COMPANIES


First we got Obelix, Idefix and Asterix (1959-present), who remain economic success stories because the, ahem, individuals who gave them birth understood the realities of business and offered a product that the public welcomed. Now we have Amonix (1989-2012), which … Continue reading

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THE GLORY OF MAGGIE


The Czech news site iDNES published an interesting report on Margaret Thatcher yesterday. Apparently, when Thatcher became Prime Minister in 1979, she immediately ran roughshod over staff trying to spend 1,836 pounds (over 7,200 pounds in today’s money) on modifying … Continue reading

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SHARE, BARRY! (UPDATED)


Having observed – and gagged over – the unrestrained greed of the Obama regime and its stooges for three years, it’s time to rerun something from November 2008, suitably updated to reflect current realities. (Additions/modifications are in bold italics.) In … Continue reading

Posted in corruption, Democrats, economy, Obama, Obama administration | Tagged , , , , , , , | 1 Comment

YOUR RETIREMENT MONEY REDISTRIBUTED


I have been thinking about a couple of progressive concepts that the Obama regime is likely to employ as a temporary way to feed its spending addiction.  (I say “temporary” because the Obama regime, like other “progressive” regimes, has no … Continue reading

Posted in bureaucracy, capitalism, centralized planning, community organizers, Czechoslovakia, democracy, dictatorship, economy, free market economy, loss of freedom, megalomania, Obama, Obama administration, socialism, socialism, U S Constitution, unelected bureaucrats, unrestrained greed, USA, USSR | Tagged , , , , , , , , | Leave a comment

DARKNESS IN AMERICA


During the Korean War, UN forces suffered near-catastrophic defeats at the hands of the Chinese because the supremely narcissistic and self-deified Generalissimo, Douglas MacArthur, refused to learn anything useful about his enemy.  He made it known that he already knew … Continue reading

Posted in centralized planning, China, communism, democracy, dictatorship, economy, free market economy, global governance, media, Obama, Obama administration, presidential incompetence, socialism, socialism, unelected bureaucrats, unrestrained greed | Tagged , , , , , , , , , , | 1 Comment

THE MIDDLE CLASS: THE HEART AND SOUL OF SOCIETY


On May 4, 2011, Sherle Schwenninger at The New America Foundation spoke of the sorry state of the American middle class, which in his view provides “…the stability and the heart and soul of… society…” (h/t Gateway Pundit and Yahoo … Continue reading

Posted in community organizers, creating panic, democracy, dictatorship, economy, Obama, Obama administration, USA | Tagged , , , , , , , , , | Leave a comment