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Category Archives: economics
Objectivism and Christian Right
I’m having a hard time figuring this out so I’m asking the blog-o-sphere to help me out. I saw that there is a movie version of the popular Ayn Rand novel: Atlas Shrugged. Ayn Rand’s work has become popular among … Continue reading
Posted in economics, politics
Tagged Altruism, Atlas Shrugged, Ayn Rand, Catholic, Clarence Thomas, Glenn Beck, Laissez-faire, Michael Gerson, Movements, Objectivism, People, Philosophy
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The China Lie II: China will surpass US dominance because US will tax and spend its economy away
This post is a little on the late side. However, the recent commercial of a Asian class learning of the fall of America is still being played here in Texas. Again, the lack of logical arguments is amazing. According to … Continue reading
Posted in culture/race, economics, politics
Tagged China, Debt, Deficit, Government debt, Paul Ryan, Texas, United States, World War II
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The China Lie I: Most of the US debt is owned by China
This is such a stupid lie. At best it is intentionally misleading. If a politician says this they are INTENTIONALLY misleading the public OR completely IGNORANT. It is a simple matter of numbers. Let’s break it down. First, the … Continue reading
What is Quantitative Easing?
With the Fed rate at 0%, the Board has used up all traditional Monetary policy. With a heavy GOP majority in the house, it is unlikely that any Fiscal policy will b e implemented in the next 2 years. … Continue reading
shut up about jobs….
“Its the economy, stupid.” “Its about jobs.” BLAH BLAH BLAH. seriously. what do you want the govt to do? i have yet to hear a serious suggestion from all the critics. “Help small business.” how? cutting taxes? cutting taxes will … Continue reading
Posted in economics, politics
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Stop B!tching
On the Rachel Maddow show on MSNBC, her fill-in host went on a rant agains the Federal Reserve and the policies of Ben Bernanke, a highly respected economist. This rant had NO productive solutions, none whatsoever. In fact it was … Continue reading
Posted in economics, media
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President & Jobs, 17th amendment, Austin Transportation
a few quick thoughts: 1) Okay, economy is #1 issue. Jobs more specifically. All the criticism is that President Obama isn’t doing enough to create more jobs. The question I have then is what do you want him to do? … Continue reading
Posted in economics, politics
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latest Wall Street Journal Poll
The latest Wall Street Journal Poll for May came out. Heres some key points to me too look out for. Question 32) A majority of non-Latino Americans (50% and above) think immigration hurts America more than it helps. I have nothing really intelligable … Continue reading
Posted in culture/race, economics, media, politics, Uncategorized
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The Freeze
Skimming over various comments about the freeze, lets talk about this politically. We can grade the short-term impact right now. This is no evaluation if the policy will work. Gaining ground with conservative/Republicans: C The buzz-words of “spending freeze” wasn’t enough … Continue reading
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The Austin Watcher 