According to the US census, estimated monthly sales have gone up ten percent in dollars between 2010 November and 2011 November. Have living standards gone up? Clearly living standards are falling. Total physical volume of goods shipped by rail has been falling over the past year, consistent with the general experience of falling living standards. Can anyone explain what is going on? This looks to me like slightly worse than ten percent year on year inflation, which is the inflation …
Category: economics
The latest evil from Google
Google has recently been nailed in two more scandals: cold calling ignorant Kenyans with a scam offer and scary lies about Google’s competitor, and vandalizing open source maps which competes with Google Maps. While Google is wonderfully politically correct, and would never dream of suggesting that black people are stupid, the scam service they are selling in Kenya is predicated on the assumption that black people are stupid.
Mitt Romneycare, enemy of capitalism
Mitt Romneycare tells us: In the general election I’ll be pointing out that the president took the reins at General Motors and Chrysler – closed factories, closed dealerships laid off thousands and thousands of workers – he did it to try to save the business. Now that is an unusual strategy for winning elections.
Economic Decline
The BLS is arguably understating inflation and unemployment.
Ron Paul, only non leftist left standing
The three major candidates are Governor Romneycare, the man who provided the model for Obamacare, Ron Paul, and Rick Santorum. Rick Santorum’s nephew tells us: When Republicans were spending so much money under President Bush, my uncle was right there along with them
Economic effect of leftism
I found the 2005 and 2010 values for nominal gross state product of US states. I looked up Wikipedia for which states were right to work states. Over the five years, right to work states grew ten percent relative to non right to work states
The word “theocracyâ€
A lot of people complain about my use, and Mencius’s use, of the word theocracy, to refer both to past systems were God endorsed Caesar, and Caesar endorsed God, and the present system where Political Correctness endorses the state, and the State endorses Political Correctness. So I am trying to crowdsource some less confusing terminology.
Worse than a crime, a legalism
MF Global did worse than embezzle client funds. They embezzled client funds legally Very large numbers of investors may be in the same position as MF Global’s investors, who thought they were investing in gold, businesses, and suchlike, but were in fact investing in Greek rioters, Italians on welfare, and public servants taking early retirement.
Woman charged with making a false rape accusation!
A woman is being charged with making a false rape accusation! Gasp! Are pigs flying? Has the revolution come? Is marriage going to be legally restored? No. She is charged with making a false rape accusation against a minority. She should have done what everyone else does, make false rape accusations against lower income and/or rural members of the majority ethnic group of males.
Sarbanes-Oxley:
Sarbannes-Oxley does to double entry accounting, what the Occupy Movement did to poop control.