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News from December 2008 »

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Little Match Girl  | read this item

The Causes of Poverty Lie in the Social and Economic System as a Whole.

 
The question of A. Dale Tussing in his book Poverty in a Dual Economy, is as follows: Can we have a unified economy?  A summary of this approach is necessary right away because it is a very important issue in the current crisis in America and other countries.

 The subject of this article is poverty in a “dual [...]

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Obama, Cuba, & the Latin American Summit  | read this item

Obama, Cuba, & the Latin American Summit

December 17, 2008, a summit was held in Bahia, Brazil, which included Latin American and Caribbean leaders.  Intentionally excluded from the summit was the United States. 

During the meeting, Latin American leaders called on President-elect Barack Obama to lift the 46-year-old U.S. embargo against Cuba as soon as he takes office.  The leaders of 33 Latin [...]

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Renewable energy  | read this item

Renewable energy

An urgent message from Jeff Siegel, Green Chip Stocks managing editor, said:Obama’s building a renewable energy army at this very moment. This past Saturday, Barack Obama named John Holdren as the new White House science advisor. What’s this have to do with renewable energy and making money? Everything!
John Holdren is a Harvard University physicist who [...]

The economics of Antitrust and the noncompetitive state of the auto industry.  | read this item

The economics of Antitrust and the noncompetitive state of the auto industry.

While there once were as many as 88 American auto manufacturers, today GM, Ford, and Chrysler make 83% of all cars sold in the country and 97% of all domestic models.
During the year 1972 economist Leonard Weiss of the University Wisconsin estimate that the noncompetitive state of the auto industry costs consumers $ 1.6 billion [...]

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The Nature of an Economic Crisis  | read this item

The Nature of an Economic Crisis

The Nature of an Economic Crisis
Why the discrepancy between ends and means?
askain 
Several years ago a dissident economist of the classical school, Thorstein Veblen predicted the current crisis of capitalism.  While classical economists were arguing for free competition among businesspeople who would make the best use of scarce resources to meet human needs, Veblen countered that these [...]

OPEC and the Comrade Triad  | read this item

OPEC and the Comrade Triad

ORAN, Algeria — OPEC today agreed to slash a record 2.2 million barrels from its daily production as of Jan. 1, while the bloc’s outsiders Russia and Azerbaijan announced their own cutbacks of hundreds of thousands of barrels from the market.  By GEORGE JAHN Associated Press
Once again OPEC’s actions failed to produce the desired results.  [...]

From Uncle Sam to Uncle Tom  | read this item

From Uncle Sam to Uncle Tom

 When a barrel of oil was around $140 U.S.dollars a few international leaders were spared  insults by Hugo Chavez, Head of Venezuelan petro-government.

Some pearls of his oral arsenal :were: “puppy of the empire” (Vicente Fox);”Illiterate” (Condoleezza Rice), “Mafia”and “coward” (Álvaro Uribe), “Hitlerite”(Angela Merkel), “corrupt” (Alan Garcia);”Fascist” (José Maria Aznar), “criminal”,”The devil himself” (George W. Bush) and”Asshole” (Jose [...]

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Obama Circle of Friends  | read this item

Obama Guilty by Association?

After reading the 78 page Criminal Compaint—USA vs. Rod Blagojevech and John Harris—one has to question Obama’s involvement in illegal Chicago politics.  Whether it’s the fundraisers Obama has attended, his campaign contributors, his circle of friends, his neighbors, the law firm he worked at, or his previous intern, this stuff is getting harder to take [...]

Michael Medved Review  | read this item

Michael Medved Review

 
Michael Medved is currently touring the Country promoting his new book “The 10 Big Lies About America”.  I was fortunate enough to attend his program this week for the purpose of writing this review.  Attendance was high (approximately 250); especially, considering an extremely rare Gulf Coast snowfall.
 
He was welcomed with a great round of applause, [...]

China and America  | read this item

China and America

This was the thinking of Robert F. Kennedy in 1967 in relation to China:
 

Finality is not the language of politics”, said Disraeli. Seldom have we been more forcefully reminded of this fact than by the recent course of Chinese history and our relations with her.  America is beginning to rediscover China, as if it were [...]

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