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Wednesday, January 25, 2012

Fed Feeds Distortion

Bernanke’s press conference announcement again booted the stock and bond markets, but did nothing to boost employment.

Posted by Thomas E. Brewton on 01/25 at 10:14 PM
Economics • (9) Comments
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Sunday, January 22, 2012

Kodak vs. Solyndra

Liberal-progressive-socialist state planners are not as successful as private investors in satisfying consumers’ wants.

Posted by Thomas E. Brewton on 01/22 at 07:20 PM
Economics • (4) Comments
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Saturday, January 21, 2012

Ramifications of MF Global

I’m indebted to Barton Bennett for the link to this, albeit extreme, assessment of what happened when a far-left leader of the Democrat-Socialist Party was allowed access to other people’s money.

Transcript for Ann Barnhardt Interview


Quote:

We are now living in a lawless, Marxist, Communist, usurped, what used to be a representative republic but is no more. This is no longer a nation of laws. This has now transformed into a nation of men. It doesn

The Roots of Environmentalism

Luddite environmentalism springs both from baby-boomer pagan mythology, and from blind selfishness.

Environmentalism and the Leisure Class

Quote:

In turning down Keystone, however, the President has uncovered an ugly little secret that has always lurked beneath the surface of environmentalism. Its basic appeal is to the affluent. Despite all the professions of being “liberal” and “against big business,” environmentalism’s main appeal is that it promises to slow the progress of industrial progress. People who are already comfortable with the present state of affairs—who are established in the environment, so to speak—are happy to go along with this. It is not that they have any greater insight into the mysteries and workings of nature. They are happier with the way things are. In fact, environmentalism works to their advantage. The main danger to the affluent is not that they will be denied from improving their estate but that too many other people will achieve what they already have. As the Forest Service used to say, the person who built his mountain cabin last year is an environmentalist. The person who wants to build one this year is a developer.

Thursday, January 19, 2012

The So-called Stimulus Is Over, But The Crushing Debt Burden Remains

The fabled Keynesian “multiplier” boost to the economy from government deficit spending once again, as it always has since the 1930s, failed to produce promised results.  Now even more wealth, via taxes and currency inflation, will have to be sucked from working citizens to pay off the trillions of dollars of debt Obama fecklessly dumped on workers.

Posted by Thomas E. Brewton on 01/19 at 04:34 PM
Economics • (0) Comments
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Thursday, January 12, 2012

Managing The Economy

The Federal Reserve, among other things, is charged with managing the economy to prevent unemployment.  Recently released transcripts of Fed meetings in 2006 demonstrate that even a well-informed elite group of regulators cannot do the job.

Posted by Thomas E. Brewton on 01/12 at 09:36 PM
Economics • (4) Comments
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The Environmental Gestapo

Sunday, January 08, 2012

Poetic Justice

Two liberal-progressive causes motivated by hatred of private enterprise collide head-on in California.  Another example of the inherent limitations of state-planners’ minds.

Read Revival Of Iconic California Condor Threatens State’s Wind Farm Boom on the Forbes website.

Saturday, January 07, 2012

Historical Obfuscation

In the United States, a large part of historical truth has systematically been smothered or ignored by academics.

More On The Nature Of Inflation

It’s more complex than most citizens assume.

Posted by Thomas E. Brewton on 01/07 at 03:07 PM
Economics • (6) Comments
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