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11

Why Spain's Bailout Turned Bust

June 11, 2012 – Comments (5)

Here is my VERY short commentary on why the Spanish bailout turned to a bust.  After seeking a bailout, Greece then required bondholders to take a huge cut and the EU/IMF agreed.  Would you want to be a bondholder of Spanish bonds when they may seek the same resolution.

MORALE HAZARD!

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19

Were taxes higher in 1948?

May 04, 2012 – Comments (15)

Math is hard.  To make it simple, talking heads like Krugman like to say things like (yes, I'm putting words in his mouth) "The tax rate in 1948 was 82% on the richest Americans and only 33% today.  For people with taxable income up to $4,000 it was 16%.  Today your first $12,000 of taxable income is only 10%."  [more]

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11

Krugman Admits Defeat!

May 03, 2012 – Comments (9)

The debate with Ron Paul obviously did not go well for our Keynesian defender.  [more]

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8

Peace is Naive!

April 27, 2012 – Comments (7)

I haven't blogged in quite some time.  I like to be ahead of the curve and for some reason the issue of Iranian nuclear weapons hasn't been front page news in quite some time.  Come the election, this will probably come back front and center since saber rattling seems to get Americans juiced up and will make Obama's re-election that much easier.    [more]

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24

Three Simple Ways to Defeat Ron Paul

January 06, 2012 – Comments (13)

Ron Paul has three great weaknesses, and any politician running against him can easily defeat him.  [more]

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