Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010. But has everything …
Author: Jim
I predict an Obama win
With these tactics, Obama should be able to win in 2012 And 2016, and … Of course, winning by such tactics may well result in a victory as useless as that which Patrice Lumumba won when the Congo became independent. Two or three weeks after independence, the government of the Congo had largely vanished from …
How to fix the financial crisis
Proposed reforms, both left and right, are unlikely to have any effect on the continuing massive misappropriation from the financial system. It is absurd that people are discussing obscure details of the credit swap market. To fix the financial crisis, we have to revoke, or at least denounce and denigrate, Marie Curie’s Nobel prize. When …
Yale Harvard and Basel style Free Enterprise
Basel II is tens of thousands of pages of regulations, no one knows how vast it is, because not all the regulations can be found in any one place, but it could all be replaced by two simple rules: Politically correct victim groups shall always find it easy to borrow money, regardless of their ability or intention to pay it back, and politically well connected businesses shall always make money, regardless of whether they are competently run or not.
The left as astroturf
Whenever one sees supposedly insurrectionary leftism, one usually detects a government official sponsoring it, as for example in the recent suppression of US flags on Cinco de Mayo. Observe the recent firebombings in the Greek riots, where the “rioters†murdered three people. Here are a couple of videos of the “rioters†firebombing police. The “rioters†…
Official statistics smell of official truth
Mandel points out that there is something mighty funny about official US economic statistics.
China catching up
The NYT reports Liang Huoqiao, a 22-year-old plastics worker, joined a small group of men and women studying a 40-foot-wide list of companies seeking workers. “You can walk into any factory and get a job,†he said. … He expected his pay to double in the next five years and added that he already had …
US government endorses Mexican violence
Compare and contrast with Saint Patrick’s day, where the American flag flies high. By enforcing what the thugs want, the government endorses and supports that thuggery. The government will empower any group that supports bigger government, for example Mexicans as a voter block, and disempower any group that objects to bigger government. So, predictably, Mexican thugs were empowered by the school administration, the administration being part of the government.
Wishing for a chinese crash
Their beliefs about China are incoherent, internally inconsistent, and mutually contradictory, showing that they don’t really believe what they believe. I suspect that what they really believe is that basing a society on self interest is morally wrong, and therefore must surely be punished by the heavens.
Dangerous Thought Criminal
This evil person has been detected expressing a forbidden thought in private email. She suggested that wrong think could possibly be true, and the evidence needed to be considered. She has of course given repeated grovelling public apologies for her horrifying crime. Her career is of course dead, and all right thinking people condemn her, …