Economics
You win some, you lose some… then you get on with your life.
To me and many in America, one of the things that make this country great is free market capitalism. The concept is simple… a free market will always have a winner and a loser. It is the fear of loss and the drive for success that feed incentive and innovation. Those who succeed are rewarded [...]
Home ownership is not a right
Embedded video from CNN Video
The woman in this video, like many Americans fell on hard times financially and is now throwing a fit over the loss of her home. I really feel sorry for her, but give me a break. Chaining yourself to the house in protest of your own failure to pay your mortgage?
If [...]
Bailout or Ride it Out?
President Bush and Members of Congress want everyone to panic about this mortgage crisis. They want you so wound up that they can write up and pass a bill in record time, that will be flushing YOUR money into a problem that they CANNOT guarantee it will fix.
Riding high on her own ego and denial [...]
With Gas At $4/gallon, Democrats Propose Gas Tax Increase
Even in these days of $4+/gallon gasoline, some Democrats are floating the idea of raising the gas tax.
http://www.msnbc.msn.com/id/25751775/
The decline in gas tax revenue is actually a victim of market conditions. The higher prices have decreased demand for gasoline, causing fewer gallons to be sold. Since the gas tax is static and is not [...]
Operation “Toss Money at it!” - ROUND 2
Nancy Pelosi and other Democrats in Congress say we need yet another round of rebate checks because the first round has been “eroded by rising energy costs”.
Now I’m no economist, but I seem to recall TONS of noise from the first round that reaching into an empty pot to pay the people to spend on [...]
