Filed under ‘Economy’

Apr

Towards Dow 1200

Barack Obama, Economy, Video · By  

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Oh no, corporate executives seeking profit!? We can’t have that! In a long winded speech that says little about specific policies, then President Elect Obama exposed his extremist world views, fanning the flames of class envy. It is the beginning of the end.

During the campaign the President stated that America cannot continue to consume 25% of the world’s resources when it makes up only 3% of the world’s population. “You think the rest of the world will just sit back and let us continue to set the thermostat at whatever temperature we like?” He asked. Of course he forgot to mention that America also produces 28% of the world’s goods and services. America uses resources effectively!

Obama plans to reduce American resource consumption from 25% to 3%. That will obviously cause a corresponding drop in the Dow. So let’s see, 3 is 12% of 25. 12% of 10000 is 1200. That is were the Dow will be by the time Obama is done.

Oct

Harper Saves Canada

Canada, Economy, Stephen Harper · By  

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The CBC has a standing invitation for Stephen Harper to participate in a bizarre ritual they call an “interview.” In the ceremony a CBC “interviewer” uses a sledgehammer to beat the sacrificial Conservative to pulp. How smart is Harper? He has yet to accept.

The Canadian economy is performing surprisingly well relative to the rest of the world. You would think that the Prime Minister would get some credit for, at a minimum, not aggravating a bad situation. Read more >

Jul

Liberals Hijack High School Economics

A quick survey of NEA statements confirms that schools in the United States have been hijacked by crazed Liberal educators. However, the situation in the USA looks healthy in comparison to Europe, particularly France and Germany. Read more >

Jun

Tomas Sowell: The Imitators

Thomas SowellJewishWorldReview | If anyone suggested that Tiger Woods should try to be more like other golfers, people would question the sanity of whoever made that suggestion.

Why should Tiger Woods try to be more like Phil Mickelson? If Tiger turned around and tried to golf left-handed, like Mickelson, he probably wouldn’t be as good as Mickelson, much less as good as he is golfing the way he does right-handed. Read more >

Jun

Thomas Sowell: The Imitators, Part II

JewishWorldReview | It must be a bitter disappointment to those in the media and in politics who have been dying to use the word “recession” that, for the second quarter in a row, there has been no downturn in the economy, though growth has been slow.

Alarmists have been reduced to quoting other alarmists on the supposedly impending recession but that is still not the real thing.

The definition of a “recession” is very clear and straightforward: Two consecutive quarters of negative growth. We have not yet had one consecutive quarter of negative growth. Read more >

Jun

Thomas Sowell: The Imitators, Part III

JewishWorldReview | Some of the people who are most adamant against outsourcing economic activity from the United States to other countries often seem to think we should outsource our foreign policy to “world opinion” or act only in conjunction “with our NATO allies.”

Like so many things that are said when it comes to public policy, there is very little attention paid to the actual track record of “world opinion” or of “our NATO allies.” Read more >

Oct

Foundation Against Temperature Change Outside

al gore an inconvenient truth

Sure, anybody can control temperatures inside, but what about outside? Outside is much bigger than inside and many people spend at least part of their day there. Temperature change outside can inconvenience millions of people. Women, minorities, and the poor are hit particularly hard. Politicians have been ignoring the phenomena, pretending that it does not exist, even though temperature change is settled science. Pretty much all scientists agree that temperature change is real. There is a consensus, except for Joe Sacrilege, Professor of Middle Eastern Studies at Rio Linda University. Crazy Joe, as his friends call him, is a temperature change denier.

Since each degree of global temperature change inflicts a measurable amount of suffering, we have decided to organize the Foundation Against Temperature Change Outside (FATCO). The goal of the Foundation will be to increase the level of awareness of temperature change and take concrete steps to reduce temperature change by one degree every ten years. FATCO will establish a temperature change misery index, modeled after the Jimmy Carter misery index. The index will show people at a glance the degree of suffering they will experience if they step outside. Some FATCO insiders have suggested that the index should be called “thermometer”. Perhaps, we’ll see.
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