Proposed reforms, both left and right, are unlikely to have any effect on the continuing massive misappropriation from the financial system. It is absurd that people are discussing obscure details of the credit swap market. To fix the financial crisis, we have to revoke, or at least denounce and denigrate, Marie Curie’s Nobel prize. When they gave a Nobel prize to Marie Curie for being female, that did not hurt …
Yale Harvard and Basel style Free Enterprise
Basel II is tens of thousands of pages of regulations, no one knows how vast it is, because not all the regulations can be found in any one place, but it could all be replaced by two simple rules: Politically correct victim groups shall always find it easy to borrow money, regardless of their ability or intention to pay it back, and politically well connected businesses shall always make money, regardless of whether they are competently run or not.
The left as astroturf
Whenever one sees supposedly insurrectionary leftism, one usually detects a government official sponsoring it, as for example in the recent suppression of US flags on Cinco de Mayo. Observe the recent firebombings in the Greek riots, where the “rioters†murdered three people. Here are a couple of videos of the “rioters†firebombing police. The “rioters†charge the police, and bang on their shields with light sticks, making no attempt to …
Official statistics smell of official truth
Mandel points out that there is something mighty funny about official US economic statistics.
China catching up
The NYT reports Liang Huoqiao, a 22-year-old plastics worker, joined a small group of men and women studying a 40-foot-wide list of companies seeking workers. “You can walk into any factory and get a job,†he said. … He expected his pay to double in the next five years and added that he already had set his priorities. “For sure, I want to buy a car,†he said. “Car first, …
US government endorses Mexican violence
Compare and contrast with Saint Patrick’s day, where the American flag flies high. By enforcing what the thugs want, the government endorses and supports that thuggery. The government will empower any group that supports bigger government, for example Mexicans as a voter block, and disempower any group that objects to bigger government. So, predictably, Mexican thugs were empowered by the school administration, the administration being part of the government.
Wishing for a chinese crash
Their beliefs about China are incoherent, internally inconsistent, and mutually contradictory, showing that they don’t really believe what they believe. I suspect that what they really believe is that basing a society on self interest is morally wrong, and therefore must surely be punished by the heavens.
Dangerous Thought Criminal
This evil person has been detected expressing a forbidden thought in private email. She suggested that wrong think could possibly be true, and the evidence needed to be considered. She has of course given repeated grovelling public apologies for her horrifying crime. Her career is of course dead, and all right thinking people condemn her, and should continue to condemn her. Failure to adequately condemn her may cause you to …
Tough on wall street
To show how tough they are, congressmen summoned Goldman and Sach’s executives to Washington, and harshly ranted at them for selling their customers securities based on mortgages that they knew or should have known were $##%, while at the same time continuing to pour great gobs of taxpayer money all over Goldman and Sach
Have leftists guilt tripped you into getting screwed?
Probably not as much as Donna Ron was. This rapist, terrorist, and bomber, is a frequent visitor to the Whitehouse, one of the most powerful men in academia, and the major ghostwriter of Obama’s book “Dream’s of my fatherâ€.