Tag Archives: obama
gold at 1740
Once I learned the basic facts of economics (and by that I mean Ludwig von Mises’ Human Action), I knew that the price of gold and silver would rise and rise and rise as long as more dollars flew of the physical (and virtual) printing presses of the world, while gold and silver were in [...]
Posted in uncategorized Also tagged china, debt downgrade, democracy, djia, gold price, silver, standard and poors, the dollar, united states Leave a comment
Obama threatens Social Security default
He hasn’t said it directly. But anyone who watches finances carefully knew that sooner or later, it would come up. Social Security is an unsustainable monster that must be put down, but even talking about giving it a haircut instantly angers a whole bunch of retired voters. Still, it’s simply not workable long term, and [...]
eminem, bush, and obama: the endless mindless cycle of participatory democracy
The power of participatory democracy to keep people pacified reminds me of a common parenting technique: the use of limited choices. It goes something like this. Johnny dislikes that he doesn’t have any choices, and so he acts out. Mom doesn’t want to hand real power over to Johnny, because then Johnny might stay up [...]
Posted in uncategorized Also tagged ak-47, eminem, george w bush, mosh, participatory democracy Leave a comment
debt = gdp
Though estimating the true value of both the national debt and the GDP (gross domestic product) is difficult, President Obama has come out and announced the coming of an event that we who watch economic history in the making have seen for some time. President Obama has endorsed a projection which estimates that this is [...]
ps: follow-up on abortion
President Obama issued a statement today on Roe v. Wade: Today marks the 38th anniversary of Roe v. Wade, the Supreme Court decision that protects women’s health and reproductive freedom, and affirms a fundamental principle: that government should not intrude on private family matters. I am committed to protecting this constitutional right. I also remain [...]
john mark hicks on unjust wages
John Mark Hicks has the following to say on being “pro-life”: Last Tuesday, many within Churches of Christ voted for Obama, especially those who have come to see that voting for social justice is just as important as voting against abortion–both are pro-life orientations. Deuteronomy, for example, is just as concerned about just wages, fair [...]
Posted in justice, passage interpretation Also tagged abortion, churches of christ, john mark hicks, low wages, murder, voting 4 Comments
i told you so
Remember how the Democrats refused to add an amendment to the health bill that would prevent it from providing direct taxpayer funding of abortions? They said the bill didn’t have any abortion in it, so the amendment was just a stalling tactic. They said the Republicans were just being paranoid. And Obama even signed a [...]
Posted in abortion Also tagged abortion, democratic party, elective abortion, executive order, republican party 2 Comments
The faces of interventionism: Paul Krugman and the ban on eggs by the dozen
[UPDATE below] Despite the fact that Obama has run up the greatest deficits in US history, running us into severe debt at about 1.4 trillion of debt per year and 2.9 trillion in new social security obligations per year, the senseless Nobel prize winner has decided that we’re headed into our country’s third depression because [...]
now this doesn’t make sense to me: bp oil spill
Story here. As many of you may know, a massive British Petroleum oil leak has emerged, releasing thousands of barrels of oil into the ocean. Strangely, the US has laws requiring that no matter how much damage BP does to tourist or fishing industries by spilling its oil, BP shall not be legally held accountable [...]
Posted in uncategorized Also tagged ben labolt, bp, campaign contributions, great britain, oil spill 1 Comment
Obama is Bush at double strength