socialization

What do we know about the financial crisis? What are the key questions?

By / 8 Comments / 8 August 2019

Amidst all the blather about the financial crisis, I believe two things are clear. We — everybody — have more questions than answers. We, the American people, are fools.  These events should spark thought about our fitness for self-government. This post discusses the questions, the details about the crisis.  As usual for this site, let us …

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Say good-bye to the old America. Welcome to our new socialist paradise!

By / 43 Comments / 7 December 2010

America is changing while we debate the minutia of the presidential candidates’ syntax and style.  No conspiracies, nothing hidden.  A Tonkin Gulf resolution for our generation.  The Executive branch reshapes our economy in plain sight.  With just a nod from Congress (no tiresome bother with debate and voting).  Not only is our economy being restructured, but powerful precedents …

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Treasury Secretary Paulson leads us across the Rubicon

By / 16 Comments / 21 September 2008

Summary:   The government’s solutions to our financial crisis is creeping nationalization, as becomes more obvious wth every new step.  This is history in the making, a major change in America.’s economic system — biggest since the New Deal — taking place with little public debate or consideration of the long-term effects.   That this happens during an election, …

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A happy ending to the current economic recession

By / 17 Comments / 12 September 2009

History shows the difficulty of predicting the short-term path of economic or political events.  However, we can often see the medium-term with greater clarity.  In January 1942 none could forecast the events of the next 44 months, but it did not take an expert to see that the US would defeat Japan.  So it is with the …

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