Economics

Government Self-Interest is Destroying the World

“I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.” –Albert Einstein Peggy Noonan made some very good points in yesterday’s WSJ article, but I think she intentionally ignores the most important points. It’s not only Americans saying no on …

Economics

Sowing the Seeds of WWIII

Syria has warned of global chaos should the U.S. strike. Govt and their corporate partners often use war as the “solution” to their self-induced problems because the real solution would require them to admit they were wrong, lose money, or both.  If the Miley Cyrus and NSA mirrors of societal decay …

Economics

Now We Know Why Ballmer is Stepping Down at Microsoft

Last week it was announced that Steve Ballmer will step down in the next 12 months as the CEO of MSFT. The knee jerk reaction of the market says this was a good thing. The response of the marketplace to Windows 8 sends a totally different message. Unlike the govt, which can ignore public sentiment, tech companies …

Economics

GOVT IS COMING FOR YOUR MONEY

California small business owners were ordered to pay back millions in tax breaks. “CBS Sacramento reports the state promised the tax breaks for opening certain  kinds of businesses five years ago, but a court ruled the practice  unconstitutional in December” Socialist, and the others that think that govt is the …

Economics

A Dangerous Combo: Over-Confident & Stupid

From 2010 to 2012, the US’s world ranking in education fell from #14 to #17. At the same time the US has regained the #1 spot in confidence. Is there a better way to fulfill George Santayana’s warning than to breed a bunch of over-confident stupid people? “Those who cannot …

Economics

9/11/2013: If You Care, This Is The Start

9/11/2013: If You Care, This Is The Start I will support Karl on 9/11, and so should you. You should also consider our 5-Step Plan.  

Economics

Wal-Mart Cuts Profit Outlook on Shopper Worries – Rates Rise Anyway – What’s Ahead For Markets?

Markets tanked when Wal-Mart, which represents 10 percent of non-automotive retail sales, announced it is having trouble squeezing more out of stagnant paychecks and SNAP cards, even though they are providing smaller sizes for the same price. I fully expect the govt to take credit for the coming decline in …

Economics

“Bail-ins” Are Coming

Do you think the “what-if” rescue option for the big banks in Switzerland will be any different that in the U.S.? Do you think the big money in Swiss banks will wait around for the next financial crisis to have their deposits bailed-in? If the big money flees, whose left …

Economics

NBRA Files Article of Impeachment

Government is good at doing three things – running any enterprise into the red, forcibly extracting money from its citizens, and in the case of the military – breaking things and killing people. There is very little that the private sector could not do better than the govt, but we …

Economics

What is the Increase in Crime Telling You? Is it Time for Direct Democracy?

As developed (bankrupt) governments take more desperate measures to confiscate money from citizens to maintain their power and perks, real capital for growth will continue to erode, dragging down the economy and incomes.  The resulting decline in tax revenue will prompt the govt to print more money to pay the …