I remember when the media couldn’t imagine any comedian being able to make fun of Obama, because he was just too cool. Stewart has done an awesome job.
Posted by Jason | Posted in Economics, Video | Posted on 25-11-2009
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This video is kind of funny. Money’s price, the interest rate, should float on the free market like any other commodity, but you can tell that the other hosts have never even considered that a possibility. They keep going back to the independence of the Fed, and how can they properly raise interest rates when it’s unpopular. All these “capitalists” for some reason love central planning when it comes to money.
I never heard Santelli talk monetary policy. I never knew who he was until he called for tea parties. As if calling for tea parties wasn’t enough, talk of how bad the Fed is is even better.
Posted by Jason | Posted in Economics, Video | Posted on 21-11-2009
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Bob Murphy is an awesome free market economist. I’ve learned a ton from his book “The Politically Incorrect Guide to Capitalism” and his blog Free Advice. In this video he explains why the Fed is harming the economy instead of helping bring us out of recession.
Posted by Jason | Posted in Government, Video | Posted on 16-11-2009
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Appparently, GE doesn’t believe in growing business by supplying goods and services that the consumer wants. Instead it believes in coersively taking money from the consumer via governments to grow their business. I guess it doesn’t hurt to have helped elect the President with your TV networks. It also doesn’t hurt to fake concern for the favorite causes of the left with “Green weeks” and “Service weeks”. I’m pretty sure on the road to fascism, this is a rest stop.
General Electric Pursues Pot of Government Stimulus Gold
BY ELIZABETH WILLIAMSON AND PAUL GLADER
The financial crisis hasn’t been kind to General Electric Co. Its stock has lost almost half its value, the government has stepped in to prop up its enormous financial arm, and sales have slumped in core industrial businesses.
But Chief Executive Jeffrey Immelt now has his eye on a huge new pool of potential revenue: Uncle Sam’s stimulus dollars. Mr. Immelt, a registered Republican, quips about the shift in thinking in the nation’s corner offices: “We’re all Democrats now.”
GE has high hopes for the strategy. It says that over the next three years or so it could bring in …
Posted by Jason | Posted in Economics, Video | Posted on 07-11-2009
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If you read my first post you know capitalism and the free market have nothing to do with greed. Greed is a derogatory term used to undermine self interest. Everyone pursues their own self interest, even the bleeding heart liberal who shouts compassion from the roof tops. True compassion comes from the person who earns and then voluntarily gives up part of their earnings to help another. Compassion is not sacrificing your fellow man for your belief in your own, false altruism. Milton doesn’t argue the word greed, but he pretty much shuts Phil Donahue down.
Just found this video on YouTube. YouTube just rocks. As I like to say, THANK GOD FOR THE FREE MARKET. YouTube would have never been developed by socialists.