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
Why all organizations move left
All organizations move ever leftwards.Â
NGO astroturf
NGO stands for “Non Government Organizationâ€. The butcher and the baker do not call themselves non government organizations, because they actually are non government organizations. Any organization that calls itself a non government organization turns out in practice to be largely a government organization. It follows therefore, that an NGO is a government doing something evil.
Perry not the establishment candidate
If Governor Perry (welfare for Mexicans) is the anti establishment candidate we are doomed, though perhaps doom will come a little slower than with governor Romneycare.
Sarah Palin’s speech
Sarah Palin has issued a typically brilliant and insightful speech, while still teasing on the issue of whether she is going to run. I think at this stage, getting a bit late to run, better carry on in her lucrative career as a public intellectual, saying the things officially accredited public intellectuals cannot say.
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
Gay Marriage: A modest proposal
It is apparent that the modern institution of marriage is profoundly ill suited for producing and raising one’s biological children. I suggest, therefore, that just as we no longer use the word “gay†to mean merry and light hearted, we introduce a new word and new kind of contract, reproductive contracts, for people who intend to have children together and raise them. And for “marriageâ€, allow anyone to marry anyone, …
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 …
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 …