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Wednesday, December 31, 2008

Labor Unions’ Parasitical Greed

The UAW, in collusion with the Democrat/Socialists, plans to suck the remaining life blood from the tattered remains of Detroit’s Big Three.  Taxpayers get the funeral bill.

Tuesday, December 30, 2008

Taxing Consequences

High taxes are taxing to the social fabric and to the economy.  New Jersey, whose governor Jon Corzine is a poster child for liberal-progressive-socialism, provides a cautionary example.

Onward to 2012

Jim Baxter weighs in against Sarah Palin’s critics.

Bernanke is Not the Gold Standard in Monetary Management

My thanks to rockingjude for the link to Bernanke’s Great Lie: The gold Standard and the Great Depression.

Posted by Thomas E. Brewton on 12/30 at 01:41 AM
Economics • (0) Comments
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Hollywood’s Love Affair with Homicidal Tyranny

Hollywood is preparing new movies to burnish the images of Che Guevara and Fidel Castro, two of the most deplorable mass killers and tyrants in the history of Latin America. 

It’s hardly news that Hollywood actors, directors, and producers display their anti-Americanism by extolling the supposed virtues of Castro’s Cuba and the purported heroic virtue of Che Guevara.  What’s surprising is their evident readiness to put lots of money where their mouths are.  Hollywood studios believe that there is a large market for anti-American and pro-socialist movies.

Perhaps Russian professor Igor Panarin is onto something.

Sunday, December 28, 2008

Weather Paganism

Maggie’s Farm has an interesting update on the fatuity of faith in man-made global warming.

A Liberal Glimpses the Truth, Albeit Dimly

New York Times columnist Bob Herbert denounces spending borrowed money, apparently unaware that he is stepping on the party line.

Posted by Thomas E. Brewton on 12/28 at 12:36 AM
Economics • (5) Comments
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Saturday, December 27, 2008

Riposte to Helicopter Ben

Peter Schiff explains why There’s No Pain-Free Cure for Recession.

Quote:

Governments cannot create but merely redirect. When the government spends, the money has to come from somewhere. If the government doesn’t have a surplus, then it must come from taxes. If taxes don’t go up, then it must come from increased borrowing. If lenders won’t lend, then it must come from the printing press, which is where all these bailouts are headed. But each additional dollar printed diminishes the value those already in circulation. Something cannot be effortlessly created from nothing.

Similarly, any jobs or other economic activity created by public-sector expansion merely comes at the expense of jobs lost in the private sector. And if the government chooses to save inefficient jobs in select private industries, more efficient jobs will be lost in others. As more factors of production come under government control, the more inefficient our entire economy becomes. Inefficiency lowers productivity, stifles competitiveness and lowers living standards.

 

Posted by Thomas E. Brewton on 12/27 at 02:31 AM
Economics • (11) Comments
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Cousin Teddy: Liberal-Progressive-Socialist

Too many conservatives today, with no understanding of his overall socio-political views, mistakenly assume that Franklin Roosevelt’s cousin Teddy Rosevelt was a conservative, because of his foreign policy guideline: speak softly and carry a big stick.

Friday, December 26, 2008

Response to a Reader

One reader disliked Helicopter Ben Hovers.

Posted by Thomas E. Brewton on 12/26 at 02:06 AM
Economics • (3) Comments
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