Image via Wikipedia I had said it before and will say it again… Penney’s Rule of Bailouts: A government bailout is a government buy in. The auto companies took the [...]
GM CEO Rick Wagoner Asked to Resign by Barack Obama
Great Comments on How Government Economists Confound People
I just had to share this comment by Mike Rozeff on “econspeak”. The wise know words are tools and weapons. Just how are they implemented by your government’s economic “experts” [...]
Is the Conventional Perception of Government Reality?
Is perception reality? That is the question at hand. In a completely subjective, emotional sense maybe. However, outside of this ego-centric emotionally based personal perception, reality often differs greatly from perception. With this in mind I argue that the conventional perception of government is most definitely not reality.
Government to Bailout Failing Newspapers?
Reuters has just released a piece about a foolish politician, Connecticut lawmaker Frank Nicastro, suggesting that it is his duty to bailout failing newspapers. Obviously this is a absurd suggestion, but the absurd is the rule and not the exception in recent times.
Bad Economic Policy Being Celebrated Nationwide With Election of Obama
Americans are celebrating a new path for America. They just don’t know what it is. In the case of the economy this is especially true. With a new President elected [...]
