The answer, of course, is no. It is true that there are many Americans, both left and right, that are finding some large source of their purpose in engaging in the political process at some level. Even this blog is necessarily engaging in the political process as we try to shape ideas about public policy, […]
Archives
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Is everybody making everything political?
02 Feb 2022
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Plain and simple. Barry Bonds and Roger Clemons were implicated in MLB’s doping scandal years ago. Each one of them had tremendous talent and accomplishments, but got even better as they aged, dominating in home runs (Bonds) and starting pitching (Clemons). In their last year of eligibility, both were denied entrance into MLB’s Hall of […]
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Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the […]
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Biden Administration Inflation problem still growing; even the Washington Post is turning on them
12 Jan 2022
Today’s release of the Consumer Price Index (CPI) finally topped 7%, which is the highest rate since 1982, and if you applied the same index methodology used back in 1980, we have now slightly topped the 1980 experience. Yet the Biden Administration cannot acknowledge the reality of how their policies have led to this, as […]
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Mr. Pence: Time to Suit Up
06 Jan 2022
One of the fundamental Christian values is that of prioritizing the pursuit of truth, as Jesus identified himself as the truth, Satan is identified as the father of lies, and not only are lying lips an abomination to the Lord, but in one of the final verdicts in the Bible in Revelation 21, we are […]
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CNBC comes to this realization this morning, as it notes: The coronavirus pandemic has led to a new era of inflation inequality, economists warn, in which poor households bear the brunt of rising prices. That’s because a bigger portion of their budget goes toward categories that have spiked in cost. Food is up 6.4% over the […]
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One more quick thought on “transitory” inflation
15 Dec 2021
What if the Fed were right when said earlier in the year that inflation was going to be transitory? Let’s be clear–a kidney stone is transitory, but nobody in their right mind would say, “yeh I’m ok with having a kidney stone since it’s only transitory.” Yes I’m glad the Fed is ending their use […]
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The Federal Reserve will end its meeting any moment with the expected announcement of an accelerated curtailing of the extreme monetary stimulus it has provided since Mar 2020. The latest published speculation I’ve seen is that the Fed will end the stimulus by Mar ’22, paving the way for 2-3 interest rate hikes in 2022, […]
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In praise and condemnation of Donald Trump
09 Dec 2021
For the most partisan of Americans, Donald Trump evokes either the most visceral negative reaction, or the most adoring adulation. As I said a few weeks ago, this I still find strange. When looking back at his tenure as President, I find many things to applaud and many things to condemn. And Donald Trump and […]
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Why we shouldn’t listen to Dr. Fauci
01 Dec 2021
Dr. Fauci is attracting a lot of attention for his weekend remarks that attacks on him are attacks on science, because “They’re really criticizing science, because I represent science.” Some of the criticisms are that he is revealing himself as the partisan he always was, some are that he has grown enamored with his own […]