Archive for October, 2008

Listen to WORDS

Thursday, October 30, 2008 22:35 Comments Off

Thanks to Tim Swanson on the Mises blog for posting one of the funniest and most telling videos I have ever seen. This is a brilliant assembly of video from the (3) presidential debates that shows how the candidates repeated the same garbage, over and over and over. The intro and ending are hysterical. Get [...]

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A New Deal for General Motors and a Bubble Building on Steroids

Wednesday, October 29, 2008 6:34 Comments Off

GM CEO Wagoner is lined up at the trough and he’ll get his money. How funny is it that two disastrously-run companies that can’t sell their products are wanting to merge? Meanwhile, they both face troublesome real estate problems. General Motors can’t unload the Renaissance Center, and then there’s the Chrysler building. This thing is [...]

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Someone Tell Donald Trump There’s a Depression Happening Out There

Wednesday, October 29, 2008 6:20 Comments Off

What a story of stupidity for the formerly almost-bankrupt egomaniac. Mr. Trump’s challenges highlight the dangers of building very tall buildings. Because they take years to build, markets can change and leave developers in dire situations. In fact, very few supertall skyscrapers have been profitable for their original developers. The Empire State Building was dubbed [...]

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We Need A Housing New Deal

Wednesday, October 29, 2008 6:12 Comments Off

Forget that this program is completely socialistic. Never mind that it took four people (?) to write this junk. Such a thing would be so convoluted and to carry it off would involve massive government oversight. It would be great for federal job employment. The fact that the lead writer is a “co-director of the [...]

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Andrew Napolitano on Our Criminal Presidents

Wednesday, October 29, 2008 6:09 Comments Off

In today’s Wall Street Journal: In virtually every generation and during virtually every presidency (Jefferson, Jackson and Cleveland are exceptions that come to mind) the popular branches of government have expanded their power. The air you breathe, the water you drink, the size of your toilet tank, the water pressure in your shower, the words [...]

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The End of Libertarianism? – Jacob Weisberg, Lame Journalist

Wednesday, October 29, 2008 4:28 Comments Off

This article in Slate is amateurish, and it reminds me of why Slate is becoming less interesting over time. I’ll start off by quoting his opener: A source of mild entertainment amid the financial carnage has been watching libertarians scurrying to explain how the global financial crisis is the result of too much government intervention [...]

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The Frustration

Wednesday, October 29, 2008 3:48 Comments Off

My latest article is up at LewRockwell.com: Square Pegs, Round Holes. A much longer version of the blog post.

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Warren Buffett Isn’t You. Don’t Listen to Him, Don’t Trust Him, He is Wrong.

Tuesday, October 28, 2008 20:50 Comments Off

My article from last week, Warren Buffett, Government Propagandist, drew more emails than anything I can recall in recent times. There were 200+ favorable, and only three that disagreed with me. Some web surfing this morning revealed some others who joined the fray. This article, 5 Reasons to Ignore Buffett, is eerily parallel to my [...]

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Buy a Toaster, Get a Bank

Monday, October 27, 2008 22:01 Comments Off

I could use a toaster, but what am I going to do with a bank?

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Standard of Living Bubble

Sunday, October 26, 2008 19:54 Comments Off

It’s nice to see that my article on the standard of living bubble made it to some great websites: Alex Jones Infowars and Aaron Russo’s Restore the Republic.

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