CNN posted a video from Youtube entitled, ‘Wealth Inequality in America’. It is reported to have gone viral with 3.8 million hits. Given CNN’s track record, I would assume that their pundits would argue that this supports the view that we need to raise taxes on the rich. Whereas the tax code is in need … Continue reading “Wealth distribution — it is not about taxes”
The ‘success’ of US economic policies
Following up on the previous blog, I thought I would post a couple of more links to related stories (http://finance.yahoo.com/news/middle-class-expenses-grow-faster-111900178.html, http://www.huffingtonpost.com/2013/03/09/dow-jones-record-high_n_2839862.html). The US economic policies as they relate to trade, fiscal, monetary, and immigration, have been a tremendous ‘success’ story for large US corporations. On the cost side, ‘globalization’ has allowed them to freely move their … Continue reading “The ‘success’ of US economic policies”
The people of the Netherlands start to move
The Financial Times has recently reported on a movement in the Netherlands to hold a referendum on the EU fiscal compact. Enough voters (40,000) have signed the petition to require their legislature to take up the issue in their regular session. Supporters of EU membership — politicians and other political interest groups — have consistently refused … Continue reading “The people of the Netherlands start to move”
Economic Policies of the End of Days (revisited)
The economic policies that will lead us to the End of Days are still in place. The export of jobs from America and Europe (one aspect of ‘globalization’ of the economy), the massive use of government borrowing and printing of money to offset the economic effects of those job losses, and the subsequent worsening of … Continue reading “Economic Policies of the End of Days (revisited)”
The Birds and the Bees….well, mostly the Bees
This entry is about food production (gotcha!). There was an interesting post on the Smithsonian site (http://blogs.smithsonianmag.com/science/2013/02/could-disappearing-wild-insects-trigger-a-global-crop-crisis/) which discusses the role of domesticated and wild bees in food production. Whereas it is common knowledge that the domesticated bees play a crucial role in the pollination of many produce products, this article discusses the important role that … Continue reading “The Birds and the Bees….well, mostly the Bees”
Current monetary policy will end badly
I have often argued that the current economic, fiscal, and monetary policy in the US will create conditions that will enable the Beast to gain dominion over America. Drastic change is needed move America towards a different destiny. The start of the ‘sequester’ (previously referred to as the ‘fiscal cliff’, which represents the start of … Continue reading “Current monetary policy will end badly”
Bits and Pieces
I was browsing the internet, seeing if there was anything on Google about the concept of the Anti-Christ as a false Messiah. I was surprised to see that there seems to be a similar notion found in Islam. I am not sure how I feel about that, but as the idea came upon me prior … Continue reading “Bits and Pieces”
Grillo and his 5 Star Movement
In the recent Italian parliamentary elections, Grillo and his 5 Star Movement won a tremendous victory. Despite it being their first time to participate in a national parliamentary election, Grillo’s party won the most number of total votes. The 5 Star Movement can serve as an inspiration and as a model for people in other … Continue reading “Grillo and his 5 Star Movement”
A worker ID card for all Americans
It was reported in the Wall Street Journal that certain Senators are considering ‘immigration reform’. One proposal being considered is to require that all US workers will need to have a workers identification card, to prove that they are legally qualified to work in the US. There is also talk to make the card ‘bio-metric’, … Continue reading “A worker ID card for all Americans”
The US Drought will continue in 2013?
I have been watching a site that has a US drought monitor on it (http://droughtmonitor.unl.edu/). It shows that drought conditions in important US agricultural areas continue. Experts are predicting that this drought will continue in 2013. This will ensure that global grain prices will remain high and food inflation will affect everyone. No one wants … Continue reading “The US Drought will continue in 2013?”