Thursday, April 30, 2009
Barney Frank: "What housing bubble?"
Before the financial crisis, many members of Congress cheered subprime mortgages simply because they aptly served affordable housing goals. In this video, we see Barney Frank running interference for mortgage giants Freddie Mac and Fannie Mae several years before the feds had to step in to save them.
HT: SBVOR
Wednesday, April 29, 2009
Tuesday, April 28, 2009
He really was more of a Democrat
Spector switches party. Is anybody really surprised? I'm not. Politicians look out for themselves and their elected office. They will see which way the wind is blowing and they act accordingly. This is another example of how citizens should never trust politicians or government.
Friday, April 24, 2009
Wednesday, April 22, 2009
Tuesday, April 21, 2009
Why You've Never Heard of the Great Depression of 1920
This is a long video--50 minutes . However, if you are interested in economic history and specifically the Great Depression, you should enjoy this.
Monday, April 20, 2009
It’s not easy being Green
On Friday, the Obama administration declared that carbon dioxide (including five other industrial gases) was a grave danger to human health and a threat to the environment. The regulatory agency that will be in charge of crafting environmental regulation will be the Environmental Protection Agency. However, I surmise that it will probably be Congress that creates some sort of all encompassing environmental legislation. This is the moment that environmental groups were waiting for and it is for them a major step into crafting a "green" economy. This is huge. This ruling means that everything that you consume or purchase will essentially become more expensive--EVERYTHING. Congratulations, my dear taxpayers, our nation is now off to a new economic experiment that will never pay off and will bring grimaces of pain when citizens have to settle the bill.
By the way, the "green" experiment of ethanol hasn't worked out well at all yet our government will continue to subsidize it till someone notices the huge money pit that it is. Despite the fact that ethanol plants are closing all over the country, our government wants to mandate even more ethanol use. Of course, this means that the taxpayer remains on the hook to benefit ethanol producers and the states that have them.
Raising Taxes Explained...
This one minute video clearly explains why raising taxes during a recession is not good policy.
Thursday, April 16, 2009
Wednesday, April 15, 2009
Free Audio Downloads
Lovers of freedom, check out this website for a free audio download of Frederic Bastiat's "The Law." Now you can listen to Bastiat's classic while driving in to work instead of the corny shock jock radio.
Tuesday, April 14, 2009
Big State Government Now Wants Your T.V.
You see we need to save energy because too much energy usage makes the power plants burn more fossil fuels which we know pollutes the earth and causes Global Warming. If we don't stop Global Warming, we will find ourselves underwater or starving or destroyed by killer weather just like that realistic movie, "The Day After Tomorrow." So, your T.V. needs to be regulated. It's for the greater good.
California state regulators, who have limited automobile emissions and required large utilities to increase use of renewable energy, now are taking aim at a ubiquitous household item - the television.
Consumer demand for bigger, flatter and fancier TVs has dramatically increased the amount of energy needed to watch the tube, officials say. The California Energy Commission says a 42-inch plasma television uses more energy than a large refrigerator...
To reduce the electrical draw from TVs, the commission has proposed the nation's first mandatory energy limits on televisions - limits that many large LCD and plasma TVs on the market do not meet.
"We want to get rid of energy-guzzling televisions," said Adam Gottlieb, spokesman for the state energy commission.
The proposed rules would take effect from 2011 to 2013, eventually cutting the use of power by 50 percent.
How long before this idea goes federal?
California state regulators, who have limited automobile emissions and required large utilities to increase use of renewable energy, now are taking aim at a ubiquitous household item - the television.
Consumer demand for bigger, flatter and fancier TVs has dramatically increased the amount of energy needed to watch the tube, officials say. The California Energy Commission says a 42-inch plasma television uses more energy than a large refrigerator...
To reduce the electrical draw from TVs, the commission has proposed the nation's first mandatory energy limits on televisions - limits that many large LCD and plasma TVs on the market do not meet.
"We want to get rid of energy-guzzling televisions," said Adam Gottlieb, spokesman for the state energy commission.
The proposed rules would take effect from 2011 to 2013, eventually cutting the use of power by 50 percent.
How long before this idea goes federal?
Dan Mitchell's Makes His Case For Tax Haven's on Capitol Hill -- Part 1 & 2
"The only way competition is harmful is if you're a monopolist or an oligarchist and you don't like when there are competitors that are threatening your secure little position in life."--Dan Mitchell.
Monday, April 13, 2009
Taxes and Fees. oh my!
Aside from raising taxes while accepting stimulus funds, cities around the country now want to tag citizens with an array of "fees." If you accidentally smack your car into a pole and police and firefighters show up, expect to receive a bill from the city.
Subscribe to:
Posts (Atom)