One of my fellow students posed the following question to me after reviewing some comments I made in the chapter we are co-editting re: socialism and unbridled competition: Ken, Your argument on unbridled competition looks solid, but some may disagree that it is THE cause for disharmony and mutual survival. I not sure if you […]
Tag: politics
Almost 1T in state pension shortfalls
Observed earlier that 5 large states were requesting 1T from Obama for combined medicare and pension shortfalls; Its now up to almost 1T just for the state employee pension funds alone, to say nothing of the medicare costs of an aging population determined to give voice to its feelings of entitlements. I can almost hear […]
“Paying” for bailouts as if they were taxcuts
I am surprised not to see a suggestion from either side of the aisle, that suggests “bailouts” should be paid for in the same way tax cuts: by identifying dollar-for-dollar tradeoffs. By government standards, the Big 3 bailout is a rather modest sum when you stack it up against the Department of Defense budget. Republicans arguing on principle […]
Obama’s genius in selecting Clinton as Secretary of State
Obama’s true brilliance is revealed in his choice of HRC for SecState. Clintoons MUST report their secretive list of contributors to the shadowy library, the modern technique for laundering money to public servants. It’s revealed today that $500M has been shoveled at Bubba Inc from foreign interests, and the Clintons will never be able to […]
Blago & Kwame:
is there any reason for these 2 guys not to get together for a run in 2012? That would be a match made in heaven
A matter of scope: the US government goes all in
Terrorism goes all in: welcome to the new world order
a quick review: with a hat tip to Melanie Phillips at Jewish World Review The Mumbai attacks accomplish the following very efficiently: separates Muslims from infidels: Muslims were spared, infidels were slaughtered indiscriminantly no negotiations or demands: sends the message this is war and we dont care targetted India’s center of western commerce and economic […]
My dad in France on a recent trip
Democratic Party Dilemma: Rock meet hard place
Consider the dilemma of the Democratic Party: Do they support a couple hundred thousand aging UAW workers that vote reliably and are tied economically to the GM retirement and healthcare plan? or do they support the thousands of young voters recently attracted to the party who will be the source of funding for any GM, F […]
Automakers next in line for bailouts
Having relinquished the moral high ground by bailing out preferred insiders in the investment banks, the Goldman Sachs administration and President Paulson now have to decide who shall be the winners and losers in the auto industry next. The functional argument is that if you dont bail us out with public money, we will go […]