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A Baby Boomer's Thoughts About the Success of Singer Adele
Adele is R&B with a big voice. Even the great Diana Ross, whose songs were compelling, cannot match the big voice. For me Adele is a genuine deal, the real deal and her songs have compelling drama and express the human condition. I think she is a...
17 commentsThe Ugly Side of Libertarianism: No Aid for Tornado Victims
Ron Paul and the libertarians have a religious zeal for keeping the government from helping victims of natural disasters. Ron Paul has no use for the Federal government giving aid to victims of tornadoes or any other natural disasters. There is...
62 commentsZurker
Zurker is an interesting and new social networking site. Zurker is free to join, always. One of the developers, Nick Oba, has developed and sold such innovative sites as Qondio and Ah Yer! and now is involved in the fantastically popular keyword...
4 commentsArt Laffer and the Germans Don't Know What Caused the Credit Crisis?
Art Laffer was on Kudlow on January 31st, 2012, and amazingly said that the housing crash, which occured in many European countries and in the United States, didn't cause the budget deficits. This guy is the financial guru of the Republican party!...
2 commentsMy Email Reveals Bank Insolvency and Hot Money Speculation
My friend sent me this email: "Have you heard that Obama wants to bundle foreclosed homes in 50 homes per lot and sell them cheaply to high-rolling bidders? Americans will have to pay taxes to make up for bank losses. Another fiasco in the...
0 commentsThe Bankers Want a Taxpayer Bailout the World Over
Update: The Greece situation is in turmoil. The Greek bondholders took a large haircut for new bonds and the payment on those bonds is iffy. Some Germans want Greece out of the Eurozone. SocGen says there is danger in this, but others say there is...
8 commentsThanks to the UK Big Bang, Hedge Funds Are the Vehicle for Hot Money
The Big Bang of economic deregulation, which occurred in the City of London in 1986, brought major investment banks from the US and Europe into the British economy, The old UK brokerage houses were snapped up and put out to pasture.. The City of...
6 commentsThe Libertarians Have It Backwards: Liquidity is Good but Speculation Is Bad
With the bailout of the Eurozone by the central banks, Fed included, liquidity is supplied by the central banks to the big European banks. That is the good part, as long as the assets the Fed gets back, held to maturity, are paying a reasonable...
22 commentsA "Pox" on Ayn Rand's Philosophy and on the Banker Cartel
I will show that a "pox on the house of Objectivism and libertarianism is justified as well as a "pox" on the too big to fail banks that have become more powerful than the nations. But first, I would like to introduce the philosophy of Objectivism...
10 commentsLibertarianism: Just a Smoke Screen for Avarice and Racism?
Spontaneous order is one of two major assumptions in Libertarian thought. The other is the necessity of voluntary relationships. The two are closely related and make assumptions that are simply not true. These assumptions lead to outright lies. ...
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