That book would be difficult to read, and especially if a new page were added every two hours and nine minutes. That is according to a publication called “Ten Thousand Commandments,” published yearly by the Competitive Enterprise Institute. In it, Richard Hudson, R. N.C., said regarding the regulations and rules for Obamacare, “Even though the […]
This morning on NPR, a weepy UNICEF woman was bemoaning the fact that there are close to 50 million kids in the world, who are either starving, disease ridden, or abandoned. She itemized the nations in which these kids live, and guess what? They are all Muslim nations. I never would have guessed. (not much). […]
Now that Republicans have gotten the tax reduction bill passed and signed, It’s interesting to note that Democratic critics are deeply worried that the national debt may be increased by a trillion dollars in the next ten years. Oh Dear! Even some ‘moderate’ Republicans seem to be a bit worried about it. Hey guys, is […]
The bubble escalates. As of Friday, December 15, 2017, a brass coin was selling for over $19,000. A coin which has no physical value, as do gold and silver coins. Why do gold and silver coins have value? Because they require capital, machinery, exploration, etc. to produce, and their rarity has caused gold and silver […]
The funny thing about history, is that, as was said in “A Handbook of English Proverbs,” in 1855, “He that would know what shall be, must consider what hath been.” Or maybe from Thucydides in 410 B.C., “History repeats itself.” Between 1600 and 1700, Holland, and especially Amsterdam, was one of the richest nations and […]
This is going be an easy one to compose, because all I have to do is quote from a Wall Street Journal column of 11/27/2017. It begins as follows: “The U.S. Mint makes a pretty penny selling gold and silver coins. But there are two sides to the deal, which some investors are calling highway […]
America as it was a 150 years ago, would be unrecognizable, if were someone resurrected today. America of 1867, as an example, had federal spending of about $45 per citizen per year, not derived from taxes. Today, the federal government spends about $5,000 per citizen. The federal government of 150 years ago was tiny, and […]
An article in the Wall Street Journal a couple of weeks ago, told of a man named Kenneth Griffin who has donated $125 million to his favorite charity, in this case the University of Chicago’s economics department. This was the second largest gift to the University. The largest was a gift of $300 million by […]
Whenever something happens quite suddenly, there is usually a reason. If a tire suddenly goes flat, there’s probably a nail in it. Clouds may mean rain or snow, and when a store wants to move slow merchandise, they have a sale. When an economy grows, seemingly almost suddenly, there has to be a reason. Ronnie […]
‘Something’s got to give,’ is an old expression. It’s really very simple: Let’s suppose a government takes in $100 billion, and spends $150 billion. Or to make it easier to understand, suppose a worker makes $20,000 a year, and spends $25,000. The worker has a $5,000 deficit and the government has a $50 billion deficit. […]