Pull-n0-punches, Phil Town. Wow, this guy doesn’t mince words. Posted on 8/13/2011. =========== I recently mentioned that I got out because of technical signals and what I call “Bad Macro”. Here’s what Bad Macro looks like and why it matters: 1. Unemployment officially at 9%. Unofficially at 18%. Unemployed people may vote for more entitlements instead of for a candidate who wants to... Read more
Archive for the ‘Socialism’ Category
Reversing the Moral Decay Behind the London Riots
August 20 | Posted by mrossol | American Thought, Party Politics, Religion, Social Engineering, Socialism, The LeftI know people who have been saying the same for years. We, as Americans, if we are to stem the tide that we see in London, need to bring the religious dialog back into culture, into the workplace, into the market, into schools- yes, including public education. (I look forward to the NEA’s comment on this article.) ============= By JONATHAN SACKS It was... Read more
More Failed Government Investment Isn’t the Answer
August 17 | Posted by mrossol | American Thought, Economics, Obama, Socialism, The LeftSome letters to the WSJ. Some great points! ============= “How to Close the Skills Gap” by Sens. Mary L. Landrieu and Patty Murray (op-ed, Aug. 10) highlights the troubling misconception that skills are not present in the American work force. The senators would score some high marks with roughly 40,000 literate, skilled, unemployed or under-employed ironworkers if they were to let us know... Read more
Tax the super-rich or riots will rage in 2012
August 17 | Posted by mrossol | American Thought, SocialismI don’t agree with Paul Farrell (MarketWatch) on every point, but I think his arguments warrant consideration. I think I agree that the rich could pay more, but NOT if the revenues are used for more liberal, socialism, government solutions. Spending MUST get under control as well. ========== SAN LUIS OBISPO, Calif. (MarketWatch) — What a year. Rage in London, Egypt, Athens,... Read more
Lesson From Europe Take 2
August 17 | Posted by mrossol | American Thought, Economics, SocialismThe options and choices before Americans seem to become clearer and clearer. ==================== The real lesson from Europe,” wrote Paul Krugman in January 2010, “is actually the opposite of what conservatives claim: Europe is an economic success, and that success shows that social democracy works.” [Oh?] Here are some postcards from the social democracy that works. • In Britain, 239 patients died of... Read more
Tale of Three Thefts: China, Russia, and the US
August 9 | Posted by mrossol | Economics, Obama, Party Politics, Socialism, US CourtsRussia 2006 In December of 2006, Gazprom, the Russian energy monopoly, “accepted” control of Sakhalin-2 from Royal Dutch Shell. Sakhalin-2 is a drilling venture off Sakhalin Island in Russia’s North Pacific. Shell negotiated the offshore drilling rights with the Russian government to be Sakhalin-2’s owner and operator along with its two Japanese partners. In return, Shell agreed to invest $8 billion.... Read more
