I want to recognize something that I don’t think the White House seems to understand, or maybe they do. It’s always problematic to characterize these people because you really don’t know what they know, what they understand, because they are so inwardly focused. I understand just how much fear there is in this country among […]
The Great Society, which spent trillions of dollars trying to level the playing field, the rich have gotten richer, the poor have gotten more numerous and poorer, and we’re trying to do the same thing all over again! Rich people get rich because they don’t roll over and play dead for the government. The actual […]
Election Day, 11/4/08. That was the day of hope. The Dow Jones Industrial Average closed at 9625. At this moment, the Dow Jones Industrial Average is hovering around 6580. It is down over 3,000 points. That means that just since November the 4th, the Dow Jones Industrial Average has lost a third of its value, […]
Obama talking with Gordon Brown… OBAMA: What I’m looking at is not the day-to-day gyrations of the stock market but the long-term, uh, ability for the United States and the entire world economy, uh, to regain its footing. Uh, and, y-y-you know, the stock market is sort of like a tracking poll in politics. It […]
We throw the word “socialist” around and we assume that people know what it means. There are three primary definitions of socialism. It is “a political theory advocating state ownership of industry,” and we see it’s starting to happen with the banks and automobile companies. It is “an economic system based on state ownership of […]