Monthly Archives: October 2011

Gov spending vs. private sector debt

There are two types of money creation.  The government spending money into the economy, and the private sector taking out loans.  The 20 to 30 year boom we just experienced was due to a combination of both government spending (which … Continue reading

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Job Creator myth

If you lower taxes on the rich, or on big corporations, they will create jobs. Or will they? The talking point is that taxes are too high, and if lowered businesses would start to hire.  I guess the other talking point … Continue reading

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Travel as education. The “walk about”

I just watched the below video interview of entrepreneur David Gilmour, founder of Fiji Water.   He talks about his father giving him a choice at the age of 16.  I’ll pay for you to travel on $10 per day, by yourself, every … Continue reading

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Financial Services Modernization Act

To read the name of the Act 12 years later you clearly know the outcome.  The “Financial Services Modernization Act” of 1999 did exactly what we didn’t need to do…. “modernize” financial services. By 2007 the financial system was crumbling, … Continue reading

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The top 1% have already won the class war

Stunning visual of why Occupy Wall Street says this is the 1% vs. the 99%. Source MotherJones.com

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Lies, Damn Lies, and Statistics

You hear a stat, it sounds convincing, you form your opinion or you confirm that your belief is true.  Unfortunately stats from groups with an agenda, whether unintended or on purpose, are usually wrong. My favorite example is when an … Continue reading

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Fiat is bad, gold is good. Or is it

It pains me to see Austrian economic followers repeating the same tired arguments over and over.  Now they are trying to get in on Occupy Wall Street as evidenced by tons of comments on every article I’ve read, and quite … Continue reading

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How a simple idea could help Occupy Wall Street change everything

Occupy Wall Street has the passion, the numbers, and is squarely focused on the right villains.  The question is can they come up with real-world, workable solutions to our country’s financial problems. To that end this article shines a spotlight … Continue reading

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Science debunked again – prostate cancer screening

You trust science and scientists, after all, they do a tremendous amount of research before publishing opinions.  Unfortunately scientific myth after scientific myth gets over turned.  Now it is the benefits of early screening for prostate cancer per this article. … Continue reading

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Taking Occupy Wall Street seriously

The big money Right and talking heads on CNBC and Fox, and even much of the mainstream media, have derisively covered the Occupy Wall Street protests, even calling them unAmerican, when these same bubble heads called Tea Party protests patriotic. The criticism … Continue reading

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