Archive for July 22nd, 2008

The Culmination of the Federal Reserve and Bad Monetary Theory

Yo,
As I’m sure most of us are aware, The mortgage giants Fannie and Freddie Mac will be getting a government bailout from the Federal Reserve. This precedent of bailing out ailing private companies was established just this year with the Bear Stearns bailout. There will be an additional bailout of the Housing industry itself if […]

The Austrian Economists: What They Believe and Why They Are Important

Hey everyone. Just thought I’d stop by again and see what’s going on. I figured it was high time, now that we’ve examined some of the more well-known economists with moderate to poor economic policy that we might want to say hello to some of the more traditional conservative schools of thought. This of course […]

Pelosi Calls Drilling a “Hoax”

Apparently not content with Congressional approval ratings falling below 10%, House Speaker Nancy Pelosi (D-CA) recently called drilling a “hoax.” According to The Hill, Pelosi said that “this call for drilling in areas that are protected is a hoax, it’s an absolute hoax on the part of the Republicans and this administration [designed to] […]

Weekly Quote

After running late on my quote last week, I wanted to make sure that we started this week well. Therefore, without further ado:
“Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.”
—Ronald Reagan

Weekly Quote

“That government is best that governs least.”
—Henry David Thoreau

The Wonderful Wizard of O

I am slightly behind the curve with this blog post, but I’ve been distracted with work and have been slow to read through the recent story in “The New Yorker” about Sen. Barack Obama. My immediate impression from the article: Obama is simply brilliant.
Please don’t misunderstand this last statement. I am not going […]

Wake Up Young Conservatives!

I’m fired up.
Today’s Washington Post has a piece about the state of the young conservative movement, and it doesn’t look pretty. According to a Washington Post-ABC News poll, nearly twice as many people under the age of 30 identify themselves as Democrats as opposed to Republicans.
While the young conservatives interviewed in the […]