Some 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
Archive for the ‘Socialism’ Category
More Failed Government Investment Isn’t the Answer
August 17 | Posted by mrossol | American Thought, Economics, Obama, Socialism, The LeftTax 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
Why the Next Great Depression May Still Happen
July 29 | Posted by mrossol | American Thought, Socialism, US DebtThis article has an original date of 6/20/2011. Some of the reasons below seem to have as much “unknown impact on the US” as a debt default. There are a lot of factors leaning in the wrong/bad direction, that seems pretty certain. ========== So anyone that believes that we are headed for another depression is certainly not crazy. The following are 19... Read more
The Road to a Downgrade
July 28 | Posted by mrossol | American Thought, Economics, SocialismEven without a debt default, it looks increasingly possible that the world’s credit rating agencies will soon downgrade U.S. debt from the AAA standing it has enjoyed for decades. A downgrade isn’t catastrophic because global financial markets decide the creditworthiness of U.S. securities, not Moody’s and Standard & Poor’s. The good news is that investors still regard Treasury bonds, which carry... Read more
