Author: Jim

party politics

The lesson of NY 23 election

The election for New York’s 23rd Congressional District was a straight up and down test of Tea Party conservatism and Palin Republicanism against “moderate” Republicanism. It proved, decisively, that Palin Republicanism wins votes and that “moderate” Republicanism loses votes. It proved, decisively, that “moderate” Republicans wish the party harm. The Republican party machine (the NRCC …

party politics

Fighting to lose in Afghanistan.

Hillary has just announced that it is fine by her for Karzai to steal the election. “that bestowed legitimacy from that moment forward” Details, x Democrats of the Vietnam generation long for a re-run of Vietnam. Karzai is militarily incompetent, an enemy of western civilization, and is fighting to lose, thus to allow him to …

economics

Gold

At present prices gold has little practical use, except as money.  So if you buy gold, you are buying insurance against paper money going to hell, and people using gold as money.  When the $%@# hits the fan, you will be able to eat, and maybe buy some assets cheaply.  On the other hand, if …

party politics

Sarah Palin in charge

In my previous post, I observed that when the Republican party machine says one thing, and Sarah Palin says a different thing, Republican party activists do what Sarah Palin says, and not what the party machine says.  But, of course, we next have to ask do Republican voters do what Republican party activists say, or …

economics

Accounting fraud

The financial crisis was in large part accounting fraud.  America has lost trillions of dollars through accounting fraud.  Accounting fraud is a felony.  Yet those who were primarily responsible for this fraud continue in positions of wealth and power, for example Senator Chris Dodd (D-CT) and Representative Barney Frank (D-MA).  Further, the fraud continues.  Hot …