A Letter from G.E. CEO to Bernie

This I had to post. Jeffrey Immelt takes aim at socialism and its septuagenarian flag-bearer, the man who refuses to talk about Hillary’s corruption because he knows socialism requires corruption, Bernie Sanders.  My favorite part is his referring to Bernie as Vermont’s junior senator. Well played, Mr. Immelt. From the Washington Post:  Find the original here. By Jeffrey R. Immelt April… Read more →

Some inconvenient facts

I particularly like the assembled charts: From: ZeroHedge – Click the title for the article Dear Barack… You Forgot To Mention A Few Things Submitted by Tyler Durden on 02/07/2016 16:35 -0500 Submitted by Gary Kaltbaum via GaryKaltbaum.com, While my President was out this week patting himself on the back and taking victory laps over the “supposed” 4.9% unemployment rate, he… Read more →

The Slow Death of Capitalism

While I think making ‘hay’ out of Walmart’s decision to close some stores might be pushing the boundaries, after all, closing 269 stores out of over 11,500 is really insignificant, I think this article tells a reasonable story about the pattern of those closures. I try to avoid claiming that policy-makers don’t understand the consequences of their actions; I believe… Read more →

The Donald

I feel compelled to say something short about Donald Trump.  I don’t know why, but it might have to do with the endless number of ‘hit’ pieces in most major news papers.  They almost never disparage his policies or discuss his actual qualifications for running the government.  If Mitt Romney’s success in business was one of his talking points, then how is… Read more →

Contracts under Anarchy

It appears that Iran is already uninterested in meeting its obligations under its recent agreement.  From the Wall Street Journal, August 7, 2015: Iran’s stance complicates the International Atomic Energy Agency’s probe into Tehran’s suspected nuclear-military program—a study that is slated to be completed by mid-December, as required by the landmark nuclear agreement forged between world powers and Iran on July… Read more →

Revolts Against the Ruling Class and Bureaucratic Tyranny

This morning I found an article entitled Opinion: A revolt is taking place against the “ruling class” in The Christian Science Monitor.  Yesterday I read Rule of Law in the Regulatory State on John Cochrane’s blog, The Grumpy Economist. At first glance, they seem to have little in common, yet the theme is striking: we are living in a world of diktat rather than… Read more →

“The future can’t be modeled or predicted in economic terms.”

Okay, so that article is somewhat bombastic, even if it makes the excellent points that: 1. Any economic system that requires government coercion is bound to fail at the limits; and, 2. Socialism has long proven itself incapable of achieving the goals its advocates claim. From Investor’s Business Daily: Bernie Sanders Would Rather Drain than Grow the Economy. But what really… Read more →

The NYT’s forgets history…

Here is the title of a ridiculous little piece in a former newspaper, the New York Times: Germans Forget Postwar History Lesson on Debt Relief in Greece Crisis The author argues that Germany, “benefited not so long ago from more lenient terms than it is now prepared to offer” Greece.  In 1953, Germany’s creditors cut its outstanding debt in half. What… Read more →

Magna Carta’s Birthday: 800 years

From the Wall Street Journal, May 30, 2015.  Click for link. Magna Carta: Eight Centuries of Liberty June marks the 800th anniversary of Magna Carta, the ‘Great Charter’ that established the rule of law for the English-speaking world. Its revolutionary impact still resounds today, writes Daniel Hannan King John, pressured by English barons, reluctantly signs Magna Carta, the ‘Great Charter,’… Read more →

The Hunger Games Juxtaposition

Find the original here, at Real Clear Politics. A Disturbing Intersection for America By Salena Zito – May 3, 2015 We all face some sort of intersection in our lives. Sometimes, if we aren’t paying attention, we miss that focal point of decision and stumble across what we might initially think is absurd — like the old yellow-brick building on… Read more →