By: Les Dunaway
Any student of history knows that rampant corruption is one of the symptoms of a country in decline. When the corruption is encouraged by the government of the country, one must wonder how far the rot has spread and whether it’s spreading up or oozing down.
… Read more...By Les Dunaway
If any of you needed more motivation to work hard on electing solid fiscal conservatives in 2014 & 2016, here’s some numbers.
Writing on zerohedge.com, Tyler Durden, “Entitlement America And The High Cost Of “Free”” lays out the statistics and the human cost of the entitlement society.
The political allure of free is so strong that an alarming number of people choose to become wards of the … Read more...
By Les Dunaway
Our elected representatives have, lately (and way past time) been criticized for writing laws that both did not and could not address the problem for which they were written and, at the same time, created yet more problems.
I am altogether confident that part of the problem is that of our representatives being less competent at fulfilling the duties of their office than at convincing their constituents … Read more...
By: Les Dunaway
The folks screaming for more gun laws after the Connecticut tragedy don’t seem to be aware of Chicago.
Chicago has been a lab experiment in gun rights and in the significance of the Second Amendment since the days of Al Capone.
… Read more...By: Les Dunaway
For the past year or more, I’ve been struggling with the fact that many people believe that social programs can be expanded without limit because taxes can be raised, without limit, to support them. The question I keep asking myself and everyone who’ll talk about it is “How can we help these people to understand that simple arithmetic demonstrates the fallacy of their belief?”
… Read more...By: Les Dunaway
There was great wailing and gnashing of teeth over the Supreme Court’s decision “upholding” Obamacare { Patient Protection and Affordable Care Act} in
NATIONAL FEDERATION OF INDEPENDENT BUSINESS ET AL
v
SEBELIUS, SECRETARY OF HEALTH AND HUMAN SERVICES, ET AL.
[full text]Chief Justice John Roberts wrote, in the majority opinion, what can, arguably, be called the most convoluted decision in the history of the … Read more...
By: Les Dunaway
Have you ever seen a child, when they just really didn’t want to hear what you were telling them, put their fingers in their ears, shut their eyes and go “Na na na na….”? I expect we all have. It’s somewhere between cute and annoying when done by a child. In my family, growing up I could not have done that without consequences; my sister could have. … Read more...
By: Les Dunaway
How long will it be before the US can no longer pay it’s debts? This is, how long before we become Greece? The following chart shows projections out through 2017 – based on current policies.
… Read more...By: Les Dunaway
Today’s excellent Forbes article “Tim Geithner Covers for Corruption On Pennsylvania Avenue” by Charles Kadlec inspired me to dig into my pile of “Why the Crash?” writings. Mr Kradlec does an excellent job of summarizing the various crimes that led to the crash, so what I’ve collected here is, mostly, for detail and a clearer look at the perpetrators.
The top line summary of the … Read more...
Just The Numbers, Mam
By: Les Dunaway
This past week, the 18th Annual Index of Economic Freedom was published. It shows that our country has slipped to 10th in this critical ranking. The 15th Index published in January of 2009 ranked the US at 6th. So, in the three years since, we’ve dropped 4 places.
If you haven’t been following this Index, I suggest you watch the short video at … Read more...
Just The Numbers, Mam
By: Les Dunaway
In Nov 2011 I wrote about the DOL jobs report and discussed how those numbers had been cooked to make the job situation look better. Well, as has been said “You ain’t seen nothin yet”. We can expect bogus numbers month by month leading up to November.
Last weeks report has an even more tenuous relation to reality. First, let’s talk about what … Read more...
Just The Numbers, Mam
By Les Dunaway
On Wed, the 14th, Reuters published an excellent summary of the situation in Italy. From my reading, you can apply the same lessons to Greece, Portugal, Spain, France and (possibly) England.
When I read it, I got chills because all that’s required for it to describe our country, in a few years, is to change some names. We are not as far … Read more...