Category Archives: Economics

A British look at the Euro crisis

Britain in looking smarter than ever for staying with the Pound. We need to resist any attempt to form and “Amero” or something for the same reason. http://www.telegraph.co.uk/finance/comment/jeffrandall/7746806/Whatever-Germany-does-the-euro-as-we-know-it-is-dead.html

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And who’s fault is that?

FOXNews: The United States’ climbing national debt could drag the country into a “double-dip recession,” President Obama warned in an interview with Fox News Wednesday from China, though he said he’s still considering additional tax incentives for businesses to reverse … Continue reading

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Quote of the Day – Penance Edition

This Congress and Administration aren’t about jobs.  It’s about making middle class folks pay for our sins.  A permanently reduced standard of living will be our penance. – Sebastian

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Quote of the Day – Worthless Edition

Although they also got a whole bunch of GM stock certificates, which are about as worthless a medium of exchange as Confederate money these days. (Although they’ll probably be as collectible in the future, and for the same reason.) – … Continue reading

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Quote of the Day – Enemy Action Edition

In one of Ian Fleming’s novels, we learn that, “Once is happenstance, twice is coincidence, three times is enemy action.” I am beginning to wonder who Barack Hussein Obama really works for–because he is doing things that our enemies would do. For … Continue reading

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Quote of the Day – Not So Smart Edition

But what else did the statists expect? Taxation is always a net drain on the economy. It always happens, and people always respond to incentives, and yet collectivists are always surprised! At some point, they need to stop considering themselves … Continue reading

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Quote of the Day – Inflation Edition

Besides, might as well spend it while the dollar is still worth something, right?  I mean, the way things are going, we’ll all be billionaires in ten years, and grocery prices will be marked in scientific notation. – Marko

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Quote of the Day – How to Help Edition

I disagree. Obama, PLEASE stop focusing on the economy. In fact leave it alone because all you’re doing, in fact all you can do, is make it worse. There is nothing a president, or anyone else in government, can do … Continue reading

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Quote of the Day – And Everything That Goes With It Edition

And here’s a general rule of life: When you buy an elephant, you can’t refuse to buy the manure that comes with it. You can try, but, soon enough, you’ll be knee-deep in problems anyway. And they’ll continue to pile … Continue reading

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Quote of the Day – Greed Edition

A little bit different format, Milton Friedman in his own words:

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