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“Bear in mind this sacred principle, that though the will of the majority is in all cases to prevail, that will to be rightful must be reasonable; that the minority possess their equal rights, which equal law must protect, and to violate would be oppression.” ~ Thomas Jefferson
  • Are The Rats Deserting A Sinking Ship?

    Let this be a lesson to jihadist wannabes! Choose who to follow wisely. Especially if you’re a forigner looking for adventure or just a way to sate your lust for blood.The FInancial Times reported today that IS has executed 100 of it’s own fighters who…

  • Gotta hand it to him: He’s consistent

    Let’s tip our hats to the oft-infuriating Republican Senator Rand Paul of Kentucky: He is a true, government-keep-your-mitts-off libertarian. Thus he supports re-opening US relations with Cuba, which puts him at odds with many of his GOP colleagues. He and Marco Rubio are now throwing barbs on Twitter.

  • The idea, ideal, temperament, will, caustic smile and easy sneer of those who wish balance

    The idea, ideal, temperament, will, caustic smile and easy sneer of those who wish balance So where oh where is the wholesome, folk saving, honorable, sweet natured counter balance to the sways and winds and game rigging acts of the shadow players, the partisan oafs, the party money and power demure operatives, the noblesse oblige […]

  • (S – I) = (G – T) + (X – M)?

    Frances Coppola describes the above as her “favourite equation”. I think the equation has problems. Re the letters / symbols: S = Private sector saving. I= Private sector investment. G= Government spending. T=Government income, i.e. tax. X =Exports. M=Imports. One problem with the equation is that there is no sharp dividing line between “I” (investment) and […]

  • ‘If facts are facts’ wherever one lives, why do they appear different

    ‘If facts are facts’ wherever one lives, why do they appear different and often distorted, viewed from across the globe – An overview of events happening in America Having lived most of my four score years in the Indian subcontinent, I never doubted the reports on happening in India and outside as factually incorrect or […]

  • ….. ahhh, these of empty heads wish nominal representative government to be representative ….

    ….. ahhh, these of empty heads wish nominal representative government to be representative  …. The right honorable rational and aware folks who see the over wrought dysfunction of our democracy, who see this democracy to be in peril and to be wrought with paralysis, emptiness, inability to reflect a populous, rancidness and hopelessness …. these […]

  • Couldn’t We Do It Right Just Once?

    Will the political parties that represent us ever grow up?  Better yet, will we demand that they do?I was reading headlines on Drudge a few minutes ago.  Jeb is seriously considering running.  We know that.  The next one read Democr…

  • A deficit should never increase the debt.

    Alternative title: The popular idea that public investments should be expanded while interst rates are low is invalid. Summary (in purple). The purpose of a deficit is, or should be to impart stimulus, and deficits do that by, amongst other things, increasing private sector paper assets – specifically base money. That increased stock of liquid […]

  • Play and be jolly. Enjoy the Jollies. Scream. Burst. Release. Social issues are easy …..

    Play and be jolly. Enjoy the Jollies. Scream. Burst. Release. Social issues are easy ….. Social issues are easy ….. lunch pail issues, security issues, privacy issues, economic issues, health care issues, safety and survival issues …. these are not. Social issues are gut pounding, chest thumping, blood rising, pick a side calling issues that […]

  • Let’s Try For A Governor

    The more I look at the potential candidates for the presidency for 2016 the more I find myself waiting for a governor or former governor.  And not Jeb Bush.Not that I don’t like Bush, it’s just that I think we need to introduce some new blood and …

  • Some People Never Learn

    So the Omnibus Bill has finally passed.  I suppose I should take some pleasure in the fact that people from both sides of the aisle tried to stop it but I don’t.The way I see it, it’s how government is supposed to work.  Neither side got ever…

  • The flaw in Ed Balls’s deficit conjuring trick.

    The UK Labour Party’s finance spokesman, Ed Balls, has a great idea for cutting the deficit:have government borrow to fund public investment, and don’t count that borrowing / expenditure as part of the deficit. And on the face of it, that’s perfectly sensible: after all, borrowing to fund investment is what every other firm does. […]

  • The ideology in support of unlimited spending by unlimited folk ….. Heroes flow in that direction …… It makes things work

    The ideology in support of unlimited spending by unlimited folk ….. Heroes flow in that direction ……  It makes things work The ideology in support of unlimited spending by unlimited folk and by unlimited folk with unlimited money in support of unlimited ideals, deals, dealings, red sails in the sunset, and political hubris in elections […]

  • Lending clubs = full reserve banking.

    Lending clubs seem to be doing well in the US. Far as I can see, they are fully compatible with the principles of full reserve banking. Under both regimes, saver /  lenders carry any loss stemming from the loans they have chosen to make, rather than taxpayers carrying some or all of the loss. (That’s […]

  • China mollycoddles its banksters.

    So given a need for stimulus, a “communist” country hands money to banksters rather than the people. Don’t you just love it? According to the WSJ article, the Chinese government wants to “help its banks lend out money to reinvigorate slowing growth”. Now whence the assumption that growth will come or ought to come exclusively […]

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