Archive for June, 2009

General Motors 1% of the Economy in Bankruptcy

Tuesday, June 30th, 2009

Why a GM Bankruptcy Would Be a Disaster A GM bankruptcy could devastate the very economy he is attempting to stabilize  Fascinating analysis with comparisons to Chrysler and to Delphi, GM’s largest parts supplier. GM and its suppliers represent 1% of the US economy according to this Business Week article. ...

Statism Ascendent – Constitutional Limted Governement in Retreat

Tuesday, June 30th, 2009

My view is that it is the end of the Mixed Economy which, more accurately, we have had for about ninety years since World War I. Which way the US will go and which way the world will is beyond my abilities to predict. The choice will be more individual ...

Mixed Economy – Where Are We Going?

Tuesday, June 30th, 2009

Hayek von Mises [caption id="" align="aligncenter" width="202" caption="Karl Marx"][/caption] My definition of socialism is the government controls the means of production and it can do this by direct or indirect means. The Central Bank, the Federal Reserve, is one tool of control of the economy and means of production. If the government controls ...

Iran Iran Iran

Monday, June 29th, 2009

We have been pampered by twenty five years of more goods and more services, dazzled by the magic of the Internet, we are not ready for lives under constant threat and for a reduced standard of living. Kids will not be getting jobs that support them. And the jobs will ...

South America Supplying Uranium to Jihadist Iran

Monday, June 29th, 2009

 Venezuela and Bolivia are supplying Iran with uranium for its nuclear program, according to a secret Israeli government report obtained Monday by The Associated Press and  this brings the expansionist and violent threat of Jihadist Iran closer to the geographical US. Obviously, the Israelis are afraid but focusing on Israel’s interest ...