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Monday, February 20, 2012

Britain Faces Reality

Democrat-Socialists, however, still profess to believe that Obamacare will actually reduce medical care costs while expanding coverage.

Thursday, February 16, 2012

Obama’s Budget: Ideology And Nonsense

Why worry about present-day and future survival of our national security and our nation’s economic well being when there are radical and uneconomic socialistic programs to be favored?

Dubious Priorities and Fuzzy Math

The “Progressive” Legacy

Thomas Sowell links the policies and ideologies of liberal-progressivism in the administrations of Teddy Roosevelt and Woodrow Wilson to the present day Democrat-Socialist Party’s radical wing.


Part I

Part II

Part III

News Of Labor Union Thugocracy In Wisconsin

Thanks to Frank Madarasz for alerting me to Byron York’s report in the Washington Examiner:

Wisconsin schools buck union to cut health costs

Tuesday, February 14, 2012

A Left-Of-Center Publication Abhors Obama’s Budget

Read

Monday, February 13, 2012

Obama’s Latest Election Campaign Pandering

Read Obama’s $25B Deal Mocks Responsible Homeowners

The administration’s Keynesian bent leads to continual tinkering and intervention in housing and other markets, on the assumption that an academic and political elite can manage the economy by issuing decrees from Washington.  To a larger extent than in the past this may be true, given the regulatory take-over of the entire financial sector.  Don’t expect, however, that government control will revivify the housing market or prevent future booms and busts, so long as the Federal Reserve invariably floods the market with fiat money.

Obama’s latest proposal will delay, yet again, clearing the market of excessive housing inventory by leaving housing in the hands of uncreditworthy mortgagors.  It will also reduce lenders’ future willingness to make mortgage loans, now knowing that the government will abrogate their property rights with mortgage loan cram-downs.

A Perspective On Economic Class Warfare

Read Jim Powell’s Economic Fairness: President Obama’s Most Cynical Tactic, on the Forbes website.

Wednesday, February 01, 2012

The Majority Consensus

Jeff Lukens recaps our sufferings under anti-Constitutional, atheistic, materialistic socialism.

Stimulating, Shovel-Ready Projects

Editor Paul Greenberg makes an interesting point.

Obama admitted that there really were no shovel-ready, major projects awaiting his stimulus spending in 2009.  Domestically that remains true.  Obama wants to waste billions on uneconomic and unneeded projects like California’s high-speed railroad that runs through sparsely populated areas and will never be able to cover its out-of-pocket operating costs.

In the Depression of the 1930s Franklin Roosevelt admitted around 1939 that he had poured massive amounts of deficit spending into every project he could think of, all to no avail.  Unemployment remained in high double digits.  What finally began to shrink unemployment was Roosevelt’s decision to begin building up our military forces in anticipation of entering World War II.

Today we have Obama’s quixotic and dangerous policies, on the one hand, of throwing money away on “green” energy projects, and, on the other hand, cutting back an immediately shovel-ready project: rebuilding our depleted military forces.

Posted by Thomas E. Brewton on 02/01 at 04:36 PM
Economics • (1) Comments
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The Constitution And Electing The President

Robert Curry continues his exposition of the influence of the Scottish Enlightenment on the founding of our nation.