Archive for November, 2008

Time To Bail On The Dollar

Wednesday, November 26th, 2008

With the bailouts that have been going on over the past week, with Dictator Paulson pledging half of our national productivity to bail out failing financials, I think it's clear time to get out of the dollar. About two months ago, I had devised a plan. To buttress myself against ...

Urine-to-water purifying machine

Tuesday, November 25th, 2008

Astronauts on the space shuttle Endeavor believe they have nearly perfected a machine that filters urine to produce drinkable water. The article quotes space station commander Mike Fincke: "Not to spoil anything, but I think up here the appropriate words are 'Yippee!'" Folks—he pees into a cup, pours it into a ...

What If…

Thursday, November 20th, 2008

David Z over at No Third Solution has a series of posts in which he talks in great detail about taxes that show he is way more knowledgeable about economic issues than I am. They are quite long, and I will admit to not have read all of them completely yet ...

Free markets would have no “gold standard”

Tuesday, November 18th, 2008

The Mises Institute recently published a speech by Mark Thornton called "Monetary Freedom and Its Opposite". It was about how monetary freedom could be established, how it would benefit everyone except the "power elite," and how the Federal Reserve, with its monetary monopoly and inflationary fiat currency, destroy an economy's ...

Algore for Secretary of Energy?

Sunday, November 16th, 2008

One of George W. Bush's most derided and publicized shortcomings was all the terrible nominations and appointments he made for various governmental positions: Paul Wolfowitz as President of the World Bank, Harriet "Palpatine" Miers for Supreme Court justice, John Ashcroft as Attorney General, Alberto Gonzalez as Attorney General, John Bolton ...

Carl Sagan reads from Pale Blue Dot

Sunday, November 16th, 2008

I'm pretty sure this is the best video on the entire internets:

Arnold Kling on credit default swaps

Sunday, November 16th, 2008

Arnold Kling at EconLog wrote the clearest explanation I've heard yet of what a credit default swap is and how it could have led to so many financial losses in our current recession. It sounds like a correct explanation. Maybe it's too simple to be true; it seems impossible to ...

Minarchist states and basic necessities

Saturday, November 15th, 2008

What are the most basic necessities of life, of survival? I'd say food, water, and shelter. In our modern world, a fourth good one to add to the list would be medicine. I think it's fair to say that without these four and certainly without the first three being available ...

Bill O’reilly – Liar Extraordinaire

Friday, November 14th, 2008

It has recently been brought to my attention that during a recent Daily Show interview, Bill O'reilly - one of the worst big-government neocons - told Jon Stewart that he was an anarchist. Sure enough (check the 4:02 mark): That's right. Bill O'reilly, the same guy who could find no fault ...

Failblog captures the essence of government

Friday, November 14th, 2008

I don't blag enough on this shared blag between John and I. So when I do these drive-by postings, I feel guilt that I've gone so long without providing something of actual substance. But regardless, here I go again. I will frequent FAIL Blag for laughs. Today, they had this gem: At ...

Quick thought on an auto bailout

Friday, November 14th, 2008

Another inflation-powered bailout of nearly an entire industry, this time U.S. automakers, is imminent. It is practically a certainty by this point. I'm not sure whether the Bush or Obama administrations will do it, but it doesn't matter. How is a $50 billion bailout of these behemoth failures different from taking ...

Peter Schiff’s predictions about Obama’s economy

Thursday, November 13th, 2008

Peter Schiff needs a blag. Well, he has one, sort of; he publishes weekly commentaries at his website. I can't link to any of them, though, because they don't have URLs of their own. In his most recent one, "The Reagan Counterrevolution," he compares the relatively government-reducing ideology that won ...