Blog Archives

Are We about to Enter Interesting Times?

Wargames movie image

I was thinking we could make it to 2017-2020 before experiencing Interesting Times. But now I wonder… The endgame for Greece in the Euro has arrived. Russia and perhaps even China are rumored to be ready to swoop in, providing

Posted in Banks, Economy, Federal Reserve, Foreign Policy, War Tagged with: , , ,

Slaves Liberated from Walmart. Where’s the Celebration?

Walmart trying to repel looters

Suddenly thousands of employees were liberated from Walmart oppression. Why aren’t they happy? From Business Insider: “Wal-Mart suddenly closed 5 stores and laid off thousands of workers and no one knows why.” Wal-Mart suddenly closed five stores in four states

Posted in Business, Economy, Employment, Jobs Tagged with: , ,

Ron Paul on the Coming Financial Crisis

ron paul

Ron Paul sees the next financial crisis as the bursting of the dollar bubble. I think Ron Paul is absolutely right to warn CNBC of our next financial crisis. But I’m not sure the dollar is the bubble. Despite rising

Posted in Economy Tagged with: ,

High Tax States Are Losing Middle Class Residents

net domestic migration

High Tax states are the places with the most income inequality as middle class residents flee to conservative refuges. In his Washington Times column, “The redistribution racket,” Steven Moore shares an interesting chart: [See also, “Good News: Northeast United States

Posted in Economy, Liberalism Tagged with: , ,

The Gore Effect Strikes: Thousands Bundle Up to Protest Global Warming

frozen al gore

The Gore Effect is a name for the many times when Global Warming protests take place in unseasonably cold weather. Here’s a picture of the protestors forming a giant thermometer. Notice all that climate change lying on the ground? The

Posted in Economy, Energy, Environment, Global Warming Tagged with: , ,

Iceland Is Fighting the Banks but Could Do Better

iceland finance

Though they would do better with a sound monetary theory, it is great that SOMEONE is fighting the banks! The Daily Bell has a great piece out, “Iceland vs Banksters.” Iceland’s government is considering a revolutionary monetary proposal – removing

Posted in Banks, Economics, Economy, Government Control Tagged with: , ,

Obamacare Taxes Are Going to Cost $800 Billion over a Decade

obamacare tax chart

In the period 2013-2022 Obamacare taxes (18 of them) are going to shake down taxpayers for almost a trillion dollars You know, every time you hear about the necessary and much-promised Obamacare subsidies, that someone must be forced to pay

Posted in Economy, Healthcare, Obamacare, Taxes Tagged with: ,

More Surprised Economists, More Bad Economic News

stock market crash

Once again we are told of “unexpected” bad economic news. As I have already pointed out, the media is constantly telling us that we should be surprised by the most obvious developments in the economy. They almost always give us

Posted in Economy, Employment, Jobs, Media Tagged with: ,

Greece Getting Ready to Dump the Euro

euro house

It looks like Greece may dump the Euro and re-institute the Drachma! I just wrote about Greece, but here is another important story from the Telegraph: “Greece draws up drachma plans, prepares to miss IMF payment.” Greece is drawing up

Posted in Banks, Economy Tagged with: , , ,

End of April is Another Crisis Point for Greece and the Banks

Crashing Europe Graphic

Greece and the banks are about to have a day of reckoning. Greece faces yet another reckoning before April ends—and it is the big banks of Germany and France, and the European Central Bank itself who are first in line

Posted in Banks, Economy Tagged with: , ,

New Company to Get Government Money after Solyndra

cronyism

Solyndra was a horrible embarrassment, but the government is ready to start shoveling money at another company. Over at Doreen Borelli’s website, Tom Borelli has written an interesting piece: “Guess which Fortune 500 Company Might Get $259 Million Loan from

Posted in Business, Economy, Government Control Tagged with: , , ,

Finally Admitted: The Economy Is Sinking

dollare airplane crash

The “experts” have finally admitted that the Obama recovery isn’t really happening. We have been hearing for months now about how the economy has “finally turned around.” We knew in our hearts that wasn’t true. And now the economic indicators

Posted in Economy Tagged with: ,