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Tag Archive 'Debt'

Progressives truly don’t understand the difference between wealth and money

Tweet Paul Krugman is a Nobel Prize winning economist.  He’s also remarkably ignorant (or stupid or, maybe, both).  Only someone lacking in brains and understanding would think that the U.S. could get out of its debt problem, not by printing paper money, but by minting a platinum coin and then denominating it a “$1 trillion [...]

Too much education makes people economically dumb

Tweet I’m not boasting when I say that I move in very rarefied circles.  It’s a fact that became glaringly obvious to me today when I started reaching out to legal colleagues via LinkedIn.  I’m launching a new business enterprise, and those connections will be useful. For those unfamiliar with it, LinkedIn is the professional [...]

Getting outside of the bubble: taking liberal arguments seriously

Tweet Paul Scott challenged us to look at what Eric Garland, a Progressive blogger, has to say and to take it seriously as a way to win the White House.  Paul is right — we cannot make a convincing argument unless we know what our opponent in the argument believes.  Insulting Paul doesn’t make us [...]

Can Paul Ryan avert the coming disaster?

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Stuff, all of which is depressing, about Democrat government and Democrat party-line media

Tweet In no particular order: Listen to Richard Epstein and John Yoo explain why ObamaCare is a more heinous government policy than any ever before imposed on the American people.  Pay special attention to Richard Epstein’s point about the dangers lurking in rule by waiver, which is antithetical to rule by law.  (This is in [...]

The U.S. debt in terms we can all understand

Tweet A friend sent this: This helps to understand the US debt: • U.S. Tax revenue: $2,170,000,000,000 • Fed budget: $3,820,000,000,000 • New debt: $ 1,650,000,000,000 • National debt: $14,271,000,000,000 • Recent budget cut: $ 38,500,000,000 Let’s remove 8 zeros and pretend it’s a household budget. • Annual family income: $21,700 • Money the family [...]

What’s wrong with this picture; or, is there something wrong with this picture? *UPDATED*

Tweet This picture showed up on my liberal friends’ posts at Facebook today: As for me, over the past two years, I’ve been spending my time looking at this picture, or ones very similar:

By George! I think she’s got it

Tweet Don Surber draws our attention to a Wall Street protestor who has a sign that actually makes sense:  “Debt = Slavery.”  Of course, we know that this Leftist dingbat, when she speaks of debt, is talking about the large credit card bill she doesn’t want to pay, and the mortgage she thinks it’s so [...]

Wisconsin Liberal Disconnects

Tweet Today, several schools in Wisconsin announced that they would be closed so that their teachers could attend protests in the state capital, Madison, against GOP Gov. Walker’s proposals to take away collective bargaining rights from public sector unions. Wisconsin, like neighboring Illinois, is going broke. The behavior of the Wisconsin public school teachers pretty [...]

Obami and Congressional Democrats no longer function rationally

Tweet There is something deeply, deeply wrong with the Obami and the Congressional Democrats.  Or maybe not.  Maybe they are just all too human and are living out that saying that “power corrupts, and absolute power corrupts absolutely.”  In this case, the corruption isn’t necessarily monetary (although that’s there too).  Instead, it’s a rot of [...]