Tim Carney in a recent column argues that if the GOP takes the Senate this fall the party “could wage war on crony capitalism.”
Unfortunately this is unlikely to happen. (At least this time around.)
The Swiss people may vote to once again partially back their currency with gold. This is a fantastically good idea. I know I will find a way to own at least a few Swiss francs if that happens.
John Aziz is the economics and business editor at The Week. I have to say that I at one time considered buying a subscription to this publication. Having just read Aziz’s piece, where he argues that bubbles are perfectly natural things which sometimes are good, I am sure that The Week will not be finding its way onto my Kindle.
We keep going down this path and the results just keep disappointing. There’s more smoke. There’re more mirrors. But there’s less and less high quality economic activity.
I just got back from DC. I go a couple of times a month. One of the most important lessons I’ve learned from years of driving into our nation’s capital? Never, and I mean never, park on the street.
It must be hard to stay in a half million dollar per year part-time (very part-time) job when you just can’t seem to care about money.
Chelsea’s like Mother Theresa.
I was talking to a fellow the other day over lunch and we both wondered how it was that Eric Holder could possibly, at this point, remain the Attorney General of the United States. It’s been one blatant abuse of power after another with this guy. Yet he remains.
One of the points we try to make here at ACC is that it’s not that “bad” people are in government and that what we need are “good” people to come in and take the reins. It is of course a very good thing when we are lucky enough to have honest people representing us in Washington, and it does happen, but generally it is the system that is the problem. It is too large. It runs too much of our lives. There is too much power vested in Washington. This power attracts the power hungry like moths to a bug zapper and often corrupts the decent people who find themselves in DC.
If the voters of Switzerland do choose to back their currency with gold I promise you that there will be MUCH more interest in the Swiss franc.