Yearly Archives: 2010

Archive of posts published in the specified Year

The First Target of Tyranny

The following is an excerpt from a sermon given by Rabbi Shalom Lewis in Atlanta: Israel is the laboratory – the test market.  Every death, every explosion, every grisly encounter is not a random, bloody orgy.  It is a calculated,

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Thousands of Small Holes

Yet while the laws of finance can sometimes be violated with delayed penalty, they cannot be permanently overturned. The fact remains that central banks cannot repeatedly use easy money to fund serial debt bubbles without accumulating fatal consequences. While undetected

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Democratic Fundamentalism

Posted in the Asia Times online Henry CK Liu writes The Crisis of Wealth Destruction.  An excerpt: Market fundamentalism places unwarranted faith in the mythical self-correcting power of unregulated markets driven solely by the no-holds-barred, winner-takes-all self-interest of unruly market

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Disgracefully Politically Correct

The following is an excerpt from a sermon given by Rabbi Shalom Lewis in Atlanta: Not all Germans were Nazis – most were decent, most were revolted by the Third Reich, most were good citizens hoisting a beer, earning a

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Better Children

Carpe Diem posts in Richest Man in the World Says That Trillions of Dollars to Charity Haven’t Solved Anything the absolute quote of the month from billionaire Carlos Slim: There is a saying that we should leave a better country

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The Futility of Class Warfare

Scott Grannis at Calafia Beach Pundit used one of the best illustrations of the effectiveness of the Laffer Curve is his posting, Our Highly Progressive Tax Code.  An excerpt: …since only a relative handful of taxpayers pay the lion’s share

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Trickle Down Damage

Robert Reich on Bill Maher’s Real Time spoke of the super rich and noted that the top 25 hedge fund managers each made a billion dollars in a single year, and then used that as a reason that the top

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A Wasteful System

“Nothing could be more repugnant to (Woodrow) Wilson and (Louis) Brandeis than the idea of accepting the great trusts and then using government to regulate them. To the evil of monopoly would be added the evil of big government controlling

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Intrade Has Republicans Taking Senate

Intrade is now giving slight odds that the Republicans will take the Senate.  (51.1)   Intrade gives strong odds (75) that the Republicans will take the House.

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Listen to Linda

In a debate posted on YouTube between Connecticut Senate candidates Richard Blumenthal and Linda McMahon circulating on many conservative blogs and sites, Blumenthal falls for the trap set by his opponent when she asks him “how do you create a

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Intrade on Senate Races

For what it’s worth Intrade shows the following odds- California Senate (Barbara Boxer) to win- Bid 75 Delaware Senate Democrat to win-  bid 89 Nevada Senate Democrat to win- bid 55 Connecticut Senate Democrat to win-  bid 85 Any bid

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An Economy of Empty Buildings

Every day on my 9.4 mile drive from my house along Eisenhower Parkway to our business at General Steel on Broadway I count empty buildings. Entire strip centers are abandoned. Free standing stores are boarded up.  The Macon Mall must

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An Interest Rate Conundrum

Historically we have believed lower interest rates will stimulate the economy, yet we now have record low interest rates and economic growth is very weak while unemployment remains very high. Part of the reason is that the expected effects of

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Throwing In the Towel

In December of last year I posted at this blog The Second Wave of Unemployment.  An excerpt from that post: Those of us who took a wait and see approach will generate another wave of layoffs. It will not be

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The Country Class

Angelo Codevilla uses the term “Country Class” as the antithesis of the Ruling Class. In his article in the American Spectator, “The Ruling Class– and The Perils of Revolution” (July- August 2010)  he writes: Describing America’s country class is problematic

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By the Waters of Babylon

The following is an excerpt from a sermon given by Rabbi Shalom Lewis in Atlanta: We must be diligent students of history and not sit in ash cloth at the waters of Babylon weeping.  We cannot be hypnotized by eloquent-sounding

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Unwitting Co-conspirators

The following is an excerpt from a sermon given by Rabbi Shalom Lewis in Atlanta: Now before some folks roll their eyes and glance at their watches let me state emphatically, unmistakably – I have no pathology of hate, nor

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Exposing the Wizard

Monetary debates were even the stuff of popular culture (at the turn of the 20th century). Indeed L. Frank Baum’s enduring The Wonderful Wizard of Oz, published in 1900, has been read as an elaborate allegory for the monetary politics

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Political Obesity

Cutting the size of government is as essential to the body politic’s health as a weight-reduction program is to restoring any human body that excess has caused to degrade into obesity. Just as someone who is serious about his health

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Why Do Our Laws Have So many Pages?

From Boston University Professor Angelo Codevilla’s “America’s Ruling Class- And the Perils of Revolution” (July – August 2010 issue). In The American Spectator (online version). Laws and regulations nowadays are longer than ever because length is needed to specify how

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