Nationalization

Piercing The Political Tick

ound this sharp stab at political-economical consciousness at the always provocative American Thinker in a few words posted by the self-identified AWARE54397, and from my own current sorry state of economic ruin all I can think to add to the soil is this—Damn. I wish I had written those two paragraphs. The political tick, blood-filled and bulging. Quite a fit description of the body politik... So let us get on with the rain seeding... It won't matter if gold and oil are pumped out of the ground in record quantities, there is no recovery, no "rebound". The problem is the...

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Make No Mistake About It

THE UNITED STATES MUST CHECK ITS SENTIMENTALITY at the door, shake loose of the leftist solipsisms and get down to the mature and necessary business of clarifying our geo-political relationships across the globe. Again we must consider the Red China redux. Militarily: Restore the military's inventories of weapons to sufficient levels, replace obsolete weapons (with F-35s, Virginia class subs, etc.), and equip the U.S. military to protect the U.S. and its allies against Communist China. This must include a national missile defense system capable of intercepting all Chinese missiles, cyber defenses, and modernized minesweepers. Congress should also refuse to reduce...


Argentina And I Stare Into Crisis

RGENTINA'S BOLD PLAN TO NATIONALIZE its private pension funds should make it easier for the government to refinance short-term obligations but would further undermine its credibility among investors, Moody's Investor Service said on Thursday. President Cristina Fernandez de Kirchner unveiled on Tuesday a plan to take over the $30 billion in funds managed by its 14-year-old private pension system, saying she seeks to protect pensions from the global market crisis. "Although the proposal, if approved, would provide the government with greater financial flexibility in the short term, it undermines the government's already weak policy credibility and adds to negative perceptions...


Riding The Big Waves of Capitalism

Capitalism operates in waves. I have held the opinion for a decade or so that the United States would need to eventually ease into a form of national capitalism in order to compete with similar large regimes in China, Russia, Europe, and several oil-rich quasi-socialist entities in the Middle East. Let me be perfectly clear. I am not advocating a misguided heavy-handed socialist agenda for America, or anything remotely close to the pie-eyed Marxist flim flam so popular among Left-wing bookstore café hipsters who are as personally selfish as any pickup truck-driving capitalist I've ever met. Yet so many of...


Anatomy Of A Crisis

HE CURRENT FINANCIAL CRISIS is very easily pinned down to a series of legislative acts. Follow the money. Learn just who is the culprit here. And here's a postscript to the previous entry concerning the Missouri law enforcement "Truth Squad" hot on free speech. The Republican governor of Missouri, Matt Blunt has issued a scathing rebuttal to Obama's campaign: “Barack Obama needs to grow up. Leftist blogs and others in the press constantly say false things about me and my family. Usually, we ignore false and scurrilous accusations because the purveyors have no credibility. When necessary, we refute them. Enlisting...