How Can a Conservative Favor Centralization of Power?

One of my reasons for reading Tony Abbott’s recent book, “Battlelines”, was to remind myself why I am not a conservative. The more serious reason was to find our how a politician who proudly wears the conservative label would attempt to justify proposing an amendment to the Australian constitution that would remove current restrictions . . . → Read More: How Can a Conservative Favor Centralization of Power?

Clunkermania Part 2: Senate Agrees to Move Forward

It looks like packed US car dealerships will continue. Late Wednesday the Senate majority leader Harry Reid announced that the US Senate now has enough votes to pass the House version of a bill to extend the popular automobile stimulus program.

Car manufacturers, their dealerships, and factory workers across the country are cheering. The . . . → Read More: Clunkermania Part 2: Senate Agrees to Move Forward

Conspiracy of Optimism

Love this comment on a Zero Hedge article:

As near as i can tell forecasters don’t forecast anymore than analysts, analyze or reporters, report. What they do is cheerleader. They all are all engaged in the conspiracy of optimism. Which leads to delusions of prosperity.

Seriously if loose monetary policy and rapid asset inflation . . . → Read More: Conspiracy of Optimism