Archive for the ‘Socialism’ Category

Big Sugar Is Set for a Sweet Bailout

March 13 | Posted by mrossol | American Thought, Socialism

Where do the bail-outs stop!!!! ========= The U.S. Department of Agriculture is considering buying 400,000 tons of sugar—enough for 142 billion Hershey’s HSY +0.08% Kisses—to stave off a wave of defaults by sugar producers… The USDA wouldn’t say how many companies have received loans, or identify them. U.S. Sugar said it doesn’t have any USDA loans outstanding. American Crystal and Amalgamated didn’t... Read more

More Debt and Taxes

January 2 | Posted by mrossol | American Thought, Debt, Party Politics, Socialism, Tax Issues

Term limits need to happen. ====== By DAVID MALPASS Whatever ultimately emerges from the fiscal-cliff negotiations over the past 48 hours, the country will survive. But the damage can’t be undone. Taxes are going up for all working Americans. And so is the size of government. Businesses have been waiting to see whether a second Obama administration will encourage the economy. During the fiscal-cliff... Read more

American Exceptionalism?

November 3 | Posted by mrossol | American Thought, Liberal Press, Socialism, The Left

I don’t agree with Podhoretz on everything, but this article is pretty good. ============ Is America Exceptional? NORMAN PODHORETZ served as editor-in-chief of Commentary magazine from 1960-1995. He was a Pulitzer Scholar at Columbia University, earning his bachelor of arts degree in 1950. He also holds bachelor’s and master’s degrees from Cambridge University, England, where he was a Fulbright Scholar and a Kellett... Read more

Debasing the Currency – and more…

October 28 | Posted by mrossol | American Thought, Economics, Socialism

This is a must read. We are repeating history… to our detriment. ========= Popular Delusions Memo to Central Banks: You’re debasing more than our currency By Dylan Grice, Societe Generale At its most fundamental level, economic activity is no more than an exchange between strangers. It depends, therefore, on a degree of trust between strangers. Since money is the agent of exchange, it is the... Read more

The Great Famine in China

October 28 | Posted by mrossol | Socialism

Why did my parents know about this in 1960? I was brought up “knowing” that there were “Chinese children starving” ============ By MICHAEL FATHERS It is difficult to look dispassionately at some 45 million dead. It was not war that produced this shocking number, nor natural disaster. It was a man. It was politics and one man’s vanity. The cause was famine and... Read more

Are Entitlements Corrupting Us? Yes

September 5 | Posted by mrossol | Economics, Socialism

Long, but an important read. ============= By NICHOLAS EBERSTADT The American republic has endured for well over two centuries, but over the past 50 years, the apparatus of American governance has undergone a radical transformation. In some basic respects—its scale, its preoccupations, even many of its purposes—the U.S. government today would be scarcely recognizable to Franklin D. Roosevelt, much less to Abraham Lincoln... Read more

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