Lemonade stands are one of the greatest things that have ever been and likely will ever be.
Technically Hong Kong is now part of communist China, yet today it is perhaps the freest and one of the wealthiest places on Earth. One man, Sir John James Cowperthwaite, had everything to do with this.
Money isn’t wealth. It measures wealth the way a ruler measures length, a clock measures time and a scale measures weight.
Boy is this true, but so many people, including the supposed shamans at the Fed fail to grasp (or choose oddly to ignore) this basic concept. Dumping “money” into the economic system isn’t going to make the economy grow, it will only make the money currently in the system worth less.
It’s not quite that simple. But it’s nearly that simple.
How’s this for a depressing passage. It comes from the attached article.
“There’s just a lot more regulation going on,” Zelizer said. “There’s a lot of intersection between the economy and Washington.”
Will nails it here. The reason people are rapidly losing confidence in government is because we see, increasingly with the Internet, just how bone headed government often is.
This comes to us from Ed Ring at the California Policy Institute
As we’ve said many times we are pro-immigration. But we are also pro-rule of law. We are anti-ruling by presidential decree. And we are against back room deals with industry and government.
Right now the president is poised to act by executive order on immigration. Obama has political bills to pay.
Both companies just wanted to show appreciation for the bang up job the FCC is doing on their…er…for the people of the United States. Yes that’s it.
Why is it that these sort of programs never seem to help the people for which they are intended? Ever notice that?
Ex-Im is set to run out of funds at the end of September. Let’s make sure that this vehicle for crony capitalism doesn’t get a new lease on life.