Just when you thought I couldn’t rail any more against the Cash-for-Clunkers program, I have some more railing yet to do. It’s not the program per se, it’s how well this program represents all government programs. Poorly conceived, horribly executed,… Read More ›
big government
Cash-For-Clunkers kills Cars-For-Kids
I neglected to mention another group of Americans that were, and still are, being negatively impacted by this terrible government program. Many U.S. charities convert used cars to cash by selling them at auction and then use that money to… Read More ›
Why Home Prices Skyrocketed
The easiest way to explain why home prices skyrocketed so quickly is with a graph… I made it myself. I kinda like it. The 1 million figure is an arbitrary number I chose for this example, the actual number is… Read More ›
CEO’s Demand Pay Caps for Celebs
If I was a CEO with so many people carrying pitchforks and wailing to the government to control CEO pay, I would grab my own pitchfork and walk to the White House demanding that the salaries of Hollywood movie stars,… Read More ›
Foreclosures Up 23% – “Worst three months of all time.”
Continuing to put downward pressure on home prices are steadily increasing foreclosures, with no end in sight. As unemployment continues and loans continue to recast to higher interest rates, more homes will enter foreclosure further depressing prices. As these prices… Read More ›
Term of the Week: Regime Uncertainty
Regime Uncertainty is a phenomenon that happens in countries where the government (the regime) interferes in the free market system, stifling business and paralyzing growth. FREE MARKETS Free markets are driven by the supply and demand of consumers who choose… Read More ›
Cash For Clunkers – I was right, they were wrong.
The data suggest that critics of Cash for Clunkers who argued that it would just “steal” sales from the future were correct, and those who, like me, expected that a little stimulus applied to the car market would create some… Read More ›
The Truth About Czars
How do you avoid asking the people to approve who governs them? Create a government within their government, and call them Czars. For over 200 years, leading members of our government were required to be approved by Congress, thereby enforcing… Read More ›
The Housing Bubble Returns – Here we go again…
FHA loans now make up 25% of the mortgage loans in the U.S. That is up from 3% just a couple years ago. I smell a bubble. Meet Phil Phorclosure. Phil meets the minimum requirements for an FHA (government) home… Read More ›
35,000 People Register for Obama Money …whoops…I mean your money.
INTERVIEW 1 OF 2: ROGULSKI: Why are you here? WOMAN #1: To get some money ROGULSKI: What kinda money? WOMAN #1: Obama Money ROGULSKI: Where’s it coming from? WOMAN #1: Obama ROGULSKI: And where did Obama get it? WOMAN #1:… Read More ›
Your Email. Your IM. Property of the NSA.
“Ordinary Americans’ most private emails have been and still are being intercepted in bulk and then stored in secret NSA databases, without probable cause,” said Kevin Bankston, a lawyer with the campaign group Electronic Frontier Foundation.” “The database system, called… Read More ›
Support A True Patriot
I support the man, not the political party affiliation. As I’ve said before, I’m not interested in playing party politics, only in reducing the size of government. In summary, why we all need to support Peter Schiff in his bid… Read More ›
The Economy: More Collapse to Come
If there is one book you read this year, read this one. If there is one book you read this year, read this one. That’s not a typo. It’s that important. If you want to protect yourself, your family and… Read More ›
The Power of Words
The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation ~Lenin Our government has ordered up both of these and they are on the way…super sized. Republican, Democrat…it doesn’t matter, I didn’t create… Read More ›
Time to turn me in Comrades…
Forget about being a Republican. Forget about being a Democrat. You must suspend, at least for a moment, the blind belief of your “team” and consider what it means to be a citizen of the United States. A country that… Read More ›
Big Government. Period.
The government does not create anything. Only you do. The government only consumes or redistributes to others what you and I (the economy) create. They do not produce a product or provide a service for purchase in order to generate income. Government takes money… Read More ›
Update: Cash-For-Clunkers
My post on the Cash-For-Clunkers program can be found here. I felt that a list of the unintended consequences should be posted separately, so here they are… Our Losses A perfectly good asset is destroyed. New car prices go up,… Read More ›
Cash for Clunkers: A Program to Scrap
Hot off the bad idea assembly line, and direct from the unintended consequences warehouse, our government has cobbled together yet another ridiculous idea in their drunken stumble of an effort to revive the economy. So let’s consider what is really… Read More ›