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.
Category: economics
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.
Timing the coming hyperinflation
We have a bubble in government paper. Assessing the end of the bubble is, like assessing the end of any bubble, hard.
MF Global Obama
John Corzine was the US Government, in the same sense, and to the same extent, as the Occupy Wall Street protestors are the US government. He stole his depositors money, and pissed it away, not on wine, women and song, nor on gambling on stocks nor horses, nor at the casino, nor on purchasing little boys for sexual purposes, but gambling on Greece. You know how the occupiers demand virtue jobs at government expense? Jon Corzine was betting on the …