Monthly Archives: August 2011

Why does Warren Buffett believe in big government?

Why does Warren Buffett believe in big government? Such a brilliant man could not honestly believe that Americans are getting a good deal from big government. Government provides critical services to the elitist class which benefits greatly when the thoughts … Continue reading

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Why Government Grows

Why has government gotten so big? This bears repeating. A certain small percentage of the population is born with an insatiable thirst for power. Although no one recognizes it for what it is, these people become identifiable at an early … Continue reading

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Uncertainty and Free Markets

When there is a draught there is no little harm done by paying a medicine man to do a rain dance. As it turns out the weather is unmanageable but people might feel better for having tried to do something. … Continue reading

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No Honest Markets

There is not one honest market in the world today. Dishonest markets always fail. I am still convinced that the bottom is going to drop out of the stock market. I am equally convinced that I cannot determine when. The … Continue reading

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Government’s Perfect Record

Ben Bernanke is expected to announce some new magic on Friday geared toward saving the economy and of course supporting the stock market. So far, every economic plan in history has hacked away at various pillars of free enterprise. Is … Continue reading

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The Coming Depression, Who To Blame

A lot of the tragic unemployment and other economic stress that we have today can be traced back to the spring and summer of 2006 when the book smart genius Ben Bernanke had just taken the helm as Federal Reserve … Continue reading

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Cause Of The Recession

What is the cause of the recession? What is the cause of the fall in stock prices? Answer, cooperation between Wall Street and the government to rig the financial markets. Severe problems usually have very simple causes.

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A Ben Bernanke Week

This is going to be a Ben Bernanke week. The lovable Bernanke is giving his regular Jackson Hole speech later this week. Without a known case of the chairman being right, the world is anxiously waiting hear his wisdom. So … Continue reading

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Owning Elephants

About Libya: Every time we buy an elephant, we have to feed it. I’d like to ask a group of those rebels what democracy means to them. Of course thinking is greatly discouraged when it comes to the projects we … Continue reading

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Economics In The Modern Arena

Among the economists whom I am at odds with are college professors and government economists. Among those is the always wrong Federal Reserve Chairman Ben Bernanke. How it is that such smart people can be wrong day after day and … Continue reading

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