There is a lot of ruin in a nation. Glen Bleck predicts catastrophic instant inflation completely collapsing the currency and government in a single two week crisis. That is not the way hyperinflation happens. Hyperinflation consists of a series of hyperinflationary crises. In a hyperinflationary crisis, the value of money falls abruptly, typically to two thirds, half or a third of its previous value. The collapse occurs so suddenly that …
Category: politics
Britain goes totalitarian
Sean Gabb, speaking very carefully to avoid saying things he could be arrested for, tell us: Without thinking very hard, I can remember how Nick Griffin of the British National Party stood trial for having called Islam “a wicked vicious faithâ€. I can remember how a drunken student was arrested and fined for telling a policeman that his horse looked “gayâ€. I can remember how a man was arrested and …
The party of the state
The number of federal workers earning $150,000 or more a year has doubled in the two years since President Obama took office Update: Bill however argues this is less alarming that it seems: The big jump in % over $150K is all from the fact that the GS scale maxed out less than $150K in 2005 and over $150K in 2010. It’s totally mechanical, an incident of drawing the line …
Jihad watch reports Obama is Muslim
Jihad watch reports on the anointed one’s visit to India: Obama is visiting … a Muslim shrine. He has no plans to visit any holy places of the Sikhs (such as the Golden Temple, Amritsar), or any Hindu holy places, Buddhist holy places, or Jain holy places. Nor does he plan to visit Nariman house, the Chabad house in Mumbai that was the chief target of the jihad mass-murderers who …
Yes, Obama is a Muslim.
I doubt Obama believes in anything, not in God, not even the evidence of the senses – but to be officially a Muslim, you have to publicly pronounce the Shahada: “There is no God but Allah, and Mohammed is his prophetâ€. Obama did as a child, and recently repeated in public as an adult. To cease to be a Muslim, you have to publicly reject that proposition, which he has …
Yet another vote for European style Social Democracy
As Europe collapses, Americans vote to be like Europe. The republicans now have control of the purse strings, and, among other things, have promised to reduce next years deficit from $1470 000 000 000 to $1370 000 000 000. We are in a bus heading towards a precipice at seventy miles and hour, and the republicans promise to slow down to sixty five miles an hour. Any tea party candidate …
Vote Cthulhu
Why vote for the lesser evil? Bush, of course, launched numerous expensive new programs and entitlements, and failed to restrain the inherent growth of Clinton’s affirmative action easy mortgage program. He encouraged the growth of that program, though to judge by the screaming of the Democrats at the time, probably slightly less than the Democrats would have done. But even if Bush had launched no new entitlements, restraining the inherent …
Fixing the financial system
We are in trouble, the entire west is in trouble, in substantial part because the financial system has been leaking a lot of money. So has every other part of the governing apparatus, but the financial system is the biggest hole in the bucket. Now a lot of people are saying that this is a revolutionary election, it is about fundamental change. Thomas Sowell, a man I enormously respect, tells …
Sarah Palin proposes an insignificantly tiny reform
Sarah Palin proposes an insignificantly tiny reform. The impressed response to Sarah Palin’s suggestion, the horde of blogs thrilled by her suggestion, shows how rare such suggestions are. She suggests a tiny move rightwards, while normally the extreme right wing of the Republican party merely proposes that we move leftwards at a slightly slower rate.
Winning will be another Republican disaster
Everyone on the Republican side is sucking up to the anti capitalist left – including Sarah Palin and Christine O’Donnel. None have the will to reverse the policies that are ruining the economy, making the middle class poor and insecure. So, when elected, will get the blame for the consequences of these policies. Since the supposedly hard core capitalism of the Republicans will not work, obviously the solution must be …