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DEMOCRATS AND AMERICA’S FINANCIAL DESTRUCTION |
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Written by Richard Rahn
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Tuesday, 03 January 2012 |
Last week (12/28), the Financial
Times announced, "China has again outshone the U.S. as the top venue for IPOs, initial
public offerings." How is it that since 2008, a self-proclaimed communist
country raises more capital and has more new firms going public than the great
bastion of free-market capitalism, the United States?
Answer: Members of Congress have
been killing the U.S. financial markets because of hubris, incompetence and a
lust for power and money.
The official Washington line has been that it was "Wall Street" that caused the
Great Recession. Thanks largely to the tireless efforts of a former general
counsel of the Treasury, Peter Wallison, and his American Enterprise Institute
colleague Edward Pinto, we now know the financial crisis would not have
occurred but for government housing policy implemented principally through
Fannie and Freddie and the Department of Housing and Urban Development (HUD).
And that government housing policy was created by Democrats in Congress.
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VIRTUE’S REFLECTION |
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Written by Dr. Joel Wade
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Friday, 06 January 2012 |
I
have a new service that I'm offering. See below for details.
The reflection that you provide for others has a
greater impact than you might know.
When a person looks inward, exploring his or her
thoughts, feelings, motivations, or values, we call it self-reflection.
What we compare our actions to when we self-reflect
are our standards.
It turns out that a simple mirror can provide enough
of a reflection to help us to live up to our standards. Let's see how.
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THE JEWISH ZEN BUDDHIST |
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Written by To The Point News
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Wednesday, 04 January 2012 |
Koan
are enlightened sayings of Zen Buddhist wisdom.
Here is a selection Jewish Buddhist Koan:
If
there is no self, whose arthritis is this?
Be
here now. Be someplace else later. Is that so complicated?
The
Tao does not speak. The Tao does not blame. The Tao does not take
sides. The Tao has no expectations. The Tao demands nothing of
others. The Tao is not Jewish.
Breathe
in. Breathe out. Breathe in. Breathe out. Forget this
and not attaining Enlightenment will be the least of your problems.
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HALF-FULL REPORT 12/30/11 |
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Written by Dr. Jack Wheeler
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Friday, 30 December 2011 |
Happy New Year!
You may be wondering how to cheerfully greet the coming
darkness of 2012. Sounds like the folks
getting crucified by the Romans singing Always Look On The Bright
Side of Life in Monty Python's Life
of Brian.
Well, screw the darkness.
Screw Obama and his fascist minions, his fascist regulations, and his
fascist enemedia lapdogs. Life is about
rising to the challenge, and that's what we're going to do in 2012.
Other people are.
Like in Syria, where Bashar al-Assad has had his goons gun down Syrians
by the thousands, yet the Syrians keep fighting for their freedom. They are not giving up. Each day Assad gets weaker and they get
stronger. Next year, they will win, with
Assad ending up in a coffin or exile.
Let the Syrians be an inspiration to us.
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THE YEAR OF NOW OR NEVER |
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Written by Dr. Jack Wheeler
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Thursday, 29 December 2011 |
The way I write may surprise you as much as it surprises
me. I get an idea of something I think
is interesting, compile sources and references for it along with a few minimal
notes, start writing with no clear picture of how this is going to turn out, then
keep writing with no major edits or re-writes until I get to the end - which
most often says something I had no idea I was going to say when I started.
So let's see how this what's-coming-for-the-new-year effort
turns out - because I have to tell you I wish I could be Rip Van Winkle
now. Just go to sleep and wake up in 10
or 20 years when the awfulness of 2012 and the decade or two it took to recover
from it is gone.
I want to shed light on the darkness descending upon us, but
as an example of how hard this is, consider that...
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WE MUST HAVE A CLEAR CONSERVATIVE ALTERNATIVE TO OBAMA |
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Written by Star Parker
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Wednesday, 28 December 2011 |
Several new polls come as a jolt as they reflect the dismal
state of mind of the American people.
As USA
Today's Susan Page sums up the latest USA Today/Gallup poll: the nation is
"more downbeat, more dissatisfied with its political leadership and more concerned
about the country's direction than at almost any point in modern times."
New Pew
Research Center polling shows a whopping 67 percent saying that most
members of Congress should not be re-elected. This compared to 51 percent
saying this in October 2010 before the last congressional election.
From what I see, there are serious reasons why Republicans should be worried. Some conclude this all means that Republicans must water down the conservative
message and nominate a moderate.
But Americans crave answers, clarity and leadership. This call will not be
answered by ambiguity.
Obama is no moderate. If Democrats can
nominate a hard core liberal, why can't Republicans offer a clear conservative
alternative?
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IT’S LIBERALS WHO ARE OFFENSIVE AND DESPICABLE, NOT CHRISTIANS |
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Written by Jack Kelly
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Friday, 30 December 2011 |
In my Christmas
column last week, No
Happier Day, I noted that -- with the curious exception of Islam --
liberals are trying to drive religion from the public square. Public
display of Christian symbols is "offensive," they say. Christians are
"intolerant;" they seek to impose their values on others.
This mostly isn't
true about Christians -- or about Jews or Buddhists. But almost
everywhere where Moslems wield power, religious minorities are persecuted.
On her web talk
show, actress Victoria Jackson criticized the Moslem
Brotherhood, a powerful Islamist group whose founder admired Adolf Hitler. Her comments were
"ignorant hatred with no foundation in reality," charged one of her guests,
Hollywood gossip blogger Perez Hilton.
Christians are
"horrific" and "despicable" because they disapprove of homosexuality, said Mr. Hilton, who is homosexual.
Apparently he is unaware that if the Moslem Brotherhood were in charge here,
he'd be executed.
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A POTENTIALLY BETTER YEAR? |
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Written by Richard Rahn
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Tuesday, 27 December 2011 |
Even though some
are predicting the end of the world in 2012, there is a possibility it could
turn out better than 2011 (a low bar). Many people who are not part of the
political class continue to advance civilization and make things better for us
-- like the late Steve Jobs.
Potential
good news is that not all members of the political class are unprincipled,
self-serving, ignorant and shortsighted. We are seeing a growing band of smart,
responsible and knowledgeable people being elected to Congress and other
political bodies. One example is Rep. Paul Ryan, Wisconsin Republican, who is
chairman of the House Budget Committee.
In democratic
countries, many politicians get themselves elected by making promises for
spending programs that the citizens cannot or are unwilling to pay for. The result
is persistent deficit spending that ultimately spirals out of control. The good
news is that some democratic countries have learned how to avoid the
spending/deficit trap, and those countries can serve as examples for the less
prudent majority. (See chart below.)
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CORRUPT DOLTS AND THEIR CHEVY VOLTS |
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Written by Jack Kelly
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Tuesday, 27 December 2011 |
Shortly after he gave General Motors a $53 billion bailout in 2009, President Barack Hussein Obama said the plug-in Chevrolet Volt would be salvation of the beleaguered automaker.
Consumers will buy 120,000 Volts each year from 2012 onwards, the Energy Department predicted then. But through November, only 6,142 Volts have been sold. And that pitiful figure is inflated by purchases for government fleets.
Johan
de Nysschen, president of Audi of America, isn't surprised.
"No one is going to pay a $15,000 premium for a car that competes with a (Toyota) Corolla," he told Lawrence Ulrich of MSN Autos in 2009. "So there are not enough idiots who will buy it."
The idiots who do, Mr. de Nysschen said, are "the intellectual elite who want to show what enlightened souls they are." Dolts and their Volts.
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DON’T MAKE NEW YEAR’S RESOLUTIONS |
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Written by Dr. Joel Wade
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Wednesday, 28 December 2011 |
Just
one more week for my holiday special - see below for details - you won't get a
better price on personal coaching from me than I'm offering right now.
New Year's resolutions are usually a list of things
that you want to do differently: skills
that you want to learn, bad habits that you want to stop, good habits that you
want to establish. We make these lists, and then come January 1st,
we try to implement them - all of them, all at once.
Come around January 5th or 6th,
we usually find that we have failed, and then that list of resolutions gets
packed away like the previous week's Christmas decorations, not to be seen
again until next year's attempt.
"Great, Joel. Thanks. So I should just give up on
making any positive changes this year? Isn't that the opposite of what you
write about?"
Good questions. I'm glad you asked.
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NORTH KOREA MOURNS OBAMA’S RE-ELECTION LOSS |
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Written by To The Point News
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Friday, 30 December 2011 |
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HALF-FULL REPORT 12/23/11 |
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Written by Dr. Jack Wheeler
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Friday, 23 December 2011 |
First things first. Merry Christmas!! As Jack Kelly
observes, "There is no happier day."
It is the day to honor the true meaning and origin of
Christmas. It is the day, as Joel Wade notes,
to honor our loved ones with gratitude.
It is the day of squealing delight of little children when we give them
presents from Santa. And it is a day
that expresses one of humanity's most profoundly admirable abilities.
Christmas originated in the Northern Hemisphere where it is winter in late December. It is dark, the hours of sunlight are
few. It is freezing cold, the skies are
gray and gloomy, there can be blizzards and snow and ice. All the leaves are gone,
nature is hibernating. It is the
lousiest time of year. Yet we humans
choose to make this a time of glorious joy, a magical time of love and
celebration.
How extraordinary. How
extraordinarily admirable that we have this capacity to do such a thing. Christmas is, then, a most appropriate time to
reflect upon and be grateful for the goodness that Providence has bestowed upon
the human soul.
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WORSHIPPING THE WICKED |
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Written by Dr. Jack Wheeler
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Thursday, 22 December 2011 |
You've all seen the news clips of North Koreans in a state of
religious lamentation, grieving their guts out over the death of their dictator
Kim Jong-il. Cynics who have never been
there claim the tears are fake. Nope, the
tears are real. And what's more, all
those Norks in mourning believe the entire world mourns with them.
They would be stunned literally beyond belief to hear that
their Dear Leader was regarded as a little fat nebbish laughingstock for all
normal people on the rest of the planet.
This was epitomized by South Park creators Trey Parker and Matt Stone in
the funniest movie of modern times, Team America (TTP
October 2004).
After Kim throws UN nuclear negotiator Hans Blix ("Hans Brix")
into a shark tank where he is ripped to shreds, Kim launches into a song: "I'm so
ronery... so sadry and ronery arone..." It's the classic portrayal of Kim
Jong-il as a joke - yet Kim Jong-il in reality was a hideously evil ogre, not a
joke. He caused the deaths by famine of
millions of his countrymen, and forced those left to live in impoverishment and
the most brutal tyranny.
Why, then, was he worshipped? The answer explains his worship in North
Korea, and the electoral strategy of the Democrat Party in America.
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NO HAPPIER DAY |
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Written by Jack Kelly
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Friday, 23 December 2011 |
This Sunday, December 25, nearly 2.2 billion
people celebrate the birth of Jesus. For Christians, there is no happier
day.
Christianity is the world's largest religion, according to
the Pew Forum on Religion & Public Life. Islam, with 1.6 billion
adherents, is a distant second. Christianity is also the world's fastest
growing major religion, whether growth is measured by conversions (Islam is
a distant second) or births (Islam is a close second).
This may surprise many, since it is contrary to the perceived wisdom. As much as it may anguish secular liberals, billions of people all over the world agree with the words of Thomas Jefferson: "The Christian religion
is the best religion that has been given to man."
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THE ANTIDOTE TO CAPITALISM IS CAPITALISM FOR REAL |
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Written by Matt Ridley
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Wednesday, 21 December 2011 |
The anti-capitalist of the "Occupy" movement have a point: capitalism is
proving unfair. But I would like to try to persuade them that the reason is
because it is not free-market enough.
The market, when allowed to flourish, tears apart monopoly and generates
freedom and fairness better than any other human institution. Today's private
sector, by contrast, is increasingly dominated by companies that are privileged
by government through cozy contract, soft subsidy, convenient regulation, and
crony conversation. That is why it is producing such unfair outcomes.
For example, the finance industry upon which the Occupiers focus their fury,
are protected from upstart competition by high regulatory barriers to entry, and
handles the supply and demand of a good - money - that is priced by government
fiat. For doing so, it pockets big bonuses even when arranging the issuance of
bonds to pay for the bailing out of itself. It may be called capitalism, but
it's not a free market, capitalism for real.
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