Because Herman Cain has black accent, and tends to use simple sentences to express himself, while Barack Hussein Obama has a ruling class accent, I initially got the impression that Obama was smarter. I should have known better. Herman Cain will answer tricky questions extempore. No teleprompter for him. Who then is smarter?  He has lots of facts at his fingertips.  If someone expresses himself simply, it is apt to indicate he cannot express, nor understand, complex ideas, but if …
Category: economics
Herman Cain is front runner for Republican Presidential nomination
Governor Romneycare is, or was, the establishment Republican nominee. When his campaign turned out to be dead on arrival, Rick Perry was the emergency backup establishment republican nominee. But Herman Cain now leads 28% to 17% Herman Cain has from the beginning been the main Republican Republican nominee. Back in May I said “It is a long, long way to the 2012 presidential elections, but they are Herman Cain’s to lose.â€Â  They still are.
Crony Capitalism
Palin’s brilliant speech on Crony Capitalism seemed to go right over the heads of most of the voters, but the party faithful understood it, and now this talking point is being used to hammer Obama at every opportunity. After it has been repeated one thousand times, the voters might well get it.
Why unemployment is high and rising
If anyone wonders why unemployment is high and rising, and is inclined to discuss aggregate demand and suchlike, just read Coyote Blog: Dispatches from a Small Business
FHFA sues Goldman Sachs
Until recently, it has been near impossible to see daylight between the Obama regime and the Banksters, but now, banksters are being thrown overboard. The FHFA sues Goldman Sachs for common law fraud. I conjecture this is in preparation for the 2012 elections
Did the banksters steal the five trillion?
Taleb, a very smart guy for whom I have immense respect, says the five trillion in effect wound up being stolen by the banksters. If we just look at events over the last few years, that is obviously untrue.
How best to buy gold?
I don’t evaluate the situation as so serious yet that one needs to buy physical gold and sit on it, but one needs to buy claims on gold that can be turned into physical gold that one can sit on should the situation deteriorate further, as it most likely will. Can anyone tell me what gold investments most plausibly make such a promise? A lot of gold funds are investments in promises to deliver gold, rather than investments in gold …
The price of silver
A lot of people are wondering why silver is not going up. It is quite simple. Gold is money, the one and only true money. Silver is not money, ceased to be money around 1870 or so. People are buying gold in expectation of an increase in monetary demand. The imminent collapse of fiat moneys will boost demand for gold, not silver. Why is gold money? Network effects. It is money because it is money, and silver is not money …
Why Are Finland’s Schools Successful?
Progressives suggest it is because Finland is so wonderfully progressive. However, a refugee from Finland took a look at that article, and reports that it is because progressives lie like rugs:
What is wrong with Haiti
Worse than cholera, worse than the earthquake, Haiti suffered a devastating influx of aid agencies and high IQ Harvard graduates with billions of dollars of aid money.