I was recently talking with a friend who happens to be Jewish about aid to Israel. We were discussing Rand Paul and the dance he has to do with the official American Jewish political community on the issue of aid to Israel. Many in the pro-Israel crowd are vehemently against US aid to Israel being cut. They fear that Rand Paul would be open to the idea. For many American Jews this is a huge issue.
Why is it that these sort of programs never seem to help the people for which they are intended? Ever notice that?
The one and only time I met Ron Paul was in his office in DC in 2007. I had long admired him and I had come to pitch Dr. Paul on becoming a client of mine. I was a fledgling stock broker and I thought I might be able to interest him in some gold stocks.
What’s funny is that as soon as I walked through the door of his office and he and I sat down I forgot all about doing business and we just talked politics and strategy for about 20-25 minutes.
I left his office with a deepened respect for the man. Something which rarely happens (I now know) after meeting a politician in person.
Well, there is a good bit of it on this website that’s for sure. And it is growing. Today crony capitalism is talked about openly. A few years ago few people knew the term. Read More
Abeconomics is a Hail Mary throw if there ever was one. Though many will argue otherwise there is a limit to “money printing.” Are we reaching the point where the system just starts eating itself in Japan? Very possible. If an increase in the sales tax meant to help pay for the gigantic Japanese debt does this to the Japanese economy they face a bit of a problem to say the least. Raise taxes, reduce revenue. Looks like Tokyo is way over the Laffer Curve. (And it appears to have done it with a sales tax, not even an income tax increase.) But even getting below the curve by reducing taxes is unlikely to help much because the debt black hole must be financed somehow.
I don’t agree with everything John Tamny writes but boy does he hit the target in this piece.
For as long as there have been “leaders” they have lived off of the wealth created by their subjects, or in some cases – citizens. But people forget (or simply don’t know) how well the political class lives and how little regard is given by those who owe their livelihoods to taxpayers to the taxpayers.
Yeah, how about it?
I know I am not the only American taxpayer who feels like they have been taken for a ride over the past 5 years. (And before, but especially since the Crash.) We want our money back.
I wouldn’t say everything. We’ve had a very nice summer in Virginia. Not too hot. Kind of what I imagine Summer in Ithaca New York is like.
But it’s true. On the political and economic front things just don’t look good.
It is New York state. I just assume when I pass over the state line that it’s pay to play there. Like Mexico. So what if the governor received over a half million in contributions from companies which later got big tax credits. No big deal.
Yet some still wonder why people are leaving the state.