Carolyn Lochhead claims that the stimulus is called a must. I wonder if she’s taken a basic economics course. Her opening sentence: “The Obama stimulus, as history will know it, is change you can believe in.” Change? Are you kidding me? The Bush administration did the exact same thing. EXACT. SAME. THING. Nobody can name…Continue Reading…
The price of crude oil has fallen from about $147 to less than $78 per barrel. It’s economics. There are people who thought the government should intervene, such as through reduced gas taxes, tapping into the strategic petroleum reserve, etc. They assumed that demand for gas would remain high as the price went up, because…Continue Reading…
Ralph Nader visited USC today. Unfortunately, I didn’t make it, but I hope someone got it on video and will post it. I’ll ask some friends about it sometime :) Here’s a letter by Ron Paul which again reminds me why I want to vote for a third-party candidate. September 27, 2008 Disaster is About…Continue Reading…
Dear Friends: The financial meltdown the economists of the Austrian School predicted has arrived. We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to…Continue Reading…
On Tuesday, June 3, 2008, I voted in the California Statewide Election. The results are online now at the Secretary of State’s website. For the U.S. Congress, District 26 voted for Russell Warner over Cynthia Matthews on the Democratic side, and David Dreier over Sonny Sardo on the Republican side. Walnut is in the 26th…Continue Reading…