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Month: October 2008
Interesting Quote About Banking
Who said this?: “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks
Catching Wild Pigs!
Do you know how to catch wild pigs?” You catch wild pigs by finding a suitable place in the woods and putting corn on the ground. The pigs find it and begin to come everyday to eat the free corn.
Deja Vu All Over Again
A great article in the National Review about the “reincarnation” of Jimmy Carter: A newcomer to national politics, he claimed to transcend partisan labels. He moved to the center during the campaign, at a time when the Democrats held large
Regaining Economic Prosperity
Leonard and I spent a couple of hours at the Air Force Museum on Saturday, concentrating our visit on exhibits associated with the aerospace industry from 1900 to 1920. We discussed how the Wright brothers depended upon the work of
Halloween and Politics
Hat tip to Wally Wood
Informal Study of Income Redistribution
Today on my way to lunch, I passed a homeless guy with a sign that read, “Vote Obama, I need the money.” I laughed. In the restaurant my server had on a “Obama 08” tie. Again I laughed, as he
Economic Intervention
This article in the Wall Street Journal from famed econmist Arthur Laffer, sums it up best: “Giving more money to people when they fail and taking more money away from people when they work doesn’t increase work. And the stock market
Economist’s View of Current Crisis
An interesting story in the Wall Street Journal about economist Anna Schwartz. She was Milton Friedman’s coauthor on their classic work, “A Monetary History of the United States”, and she has some interesting comments on the recent financial crisis: Credit
Reasons to Vote Democrat
Thomas Jefferson wrote, “The government is best which governs least.” So what happened to the Party of Jefferson, the once-great Democratic Party, the champion of limited government? An interesting parody from the PatriotPost on reasons to vote with the Democrats: “I