I post articles because I think they are of interest. Doing so doesn’t mean that I necessarily agree (or disagree) with every—or any—opinion in the posted article. Help your friends and relatives stay informed by passing the digest on.
Happy Second of July! Well, that’s when they passed the Declaration…. Posts may be limited over the weekends, and in fact fewer than usual in July due to the Invasion of the Granddaughter! ~Bob.
Response on Collapse from a former constituent
I remember you as ‘Senator Hall” Obviously by my age, your book is very important. Seems to me by the time I hit 70 (if we are not forced to learn Chinese?) we had better have lots of money under the mattress, to pay for our health care—or at least for a nice coffin/service. I quickly read your book twice, last night. Boy, do we ever think alike. I have been sending out friendly “warnings” to friends and family, as it seems to me, the entire global economy is nothing more, than an international, all-consuming “Ponzi Scheme” and we all know how those always end. What really frightens me though is how socio-economic conditions, are almost perfect to begin the introduction of what I term, “Friendly Fascism.” If marketed correctly, a youngish, vibrant orator, mastered in rhetorically speaking, “could” eventually become the prized golden boy, for a new “Hollywood Hitler.”
Great Column: Obama's Carefully Burnished Economic Ignorance
Excerpt: President Obama seems genuinely, privately ignorant on these (economic) issues. The political gossip going around right now is that the Obama administration is panicking because they sincerely expected a robust economic recovery by now, and they wanted to campaign next year by borrowing Ronald Reagan's "it's morning again in America" theme--without actually having to borrow any of Reagan's policies. We have to presume that if Obama knew how to revive the economy, he would, and he seems genuinely stumped as to why his stimulus is not working. So what explains the deep-seated ignorance of economics on display in his public comments? Why does he demonstrate such a lack of practical appreciation of how business works? The answer is that he lacks it because it is forbidden knowledge.
