Companies are falling one by one. Banks, car manufacturers, insurers. Bankruptcies, bailouts, executives who ground their corporations into the dirt are getting millions in bonuses and, instead of being jailed, retiring to Bahamas.People are frustrated and angry. But to my greatest surprise, the anger is directer towards completely wrong targets. Americans are blaming Republicans, immigrants, Democrats, executives, Obama, Chinese, Bush, and the wrong phase of the moon. It is nonsense.We need ... Read Full Story
Companies are falling one by one. Banks, car manufacturers, insurers. Bankruptcies, bailouts, executives who ground their corporations into the dirt are getting millions in bonuses and, instead of being jailed, retiring to Bahamas.People are frustrated and angry. But to my greatest surprise, the anger is directer towards completely wrong targets. Americans are blaming Republicans, immigrants, Democrats, executives, Obama, Chinese, Bush, and the wrong phase of the moon. It is nonsense.We need ... Read Full Story
Have you ever wondered why communist countries failed, or, at least, have had serious trouble making ends meet (with an exception of China1)? Some will say it's due to the brilliant policies of the Saint Reagan, others will expound the inner evilness of totalitarian regimes. But the truth is much more prosaic: in communism there is no direct incentive to care. To care about anything, but most of all, there is no direct incentive to care about the work one is supposed to do. Everything is owne... Read Full Story
Have you ever wondered why communist countries failed, or, at least, have had serious trouble making ends meet (with an exception of China1)? Some will say it's due to the brilliant policies of the Saint Reagan, others will expound the inner evilness of totalitarian regimes. But the truth is much more prosaic: in communism there is no direct incentive to care. To care about anything, but most of all, there is no direct incentive to care about the work one is supposed to do. Everything is owne... Read Full Story
Welcome to the June 21, 2008 edition of carnival of political solutions. The submissions are, as always, excellent, however, we still have a number of off-topic articles (either not solutions, or not political). I have not included those, even though they were very nice postings.Edmund Ross presents So what are you going to do when gas hits $12/gallon? posted at Political Bull.Kurt Yordy presents different solutions to high gas prices in Random Thursday posted at Lyving Well.Doug Ragan presen... Read Full Story
Welcome to the June 21, 2008 edition of carnival of political solutions. The submissions are, as always, excellent, however, we still have a number of off-topic articles (either not solutions, or not political). I have not included those, even though they were very nice postings.Edmund Ross presents href="http://www.politicalbull.net/article-00052.html">So what are you going to do when gas hits $12/gallon?> posted at href="http://www.politicalbull.net">Political Bull>.Kurt Yordy presents d... Read Full Story
Welcome to the May 20, 2008 edition of carnival of political solutions. This edition brought once again a lot of excellent posts, many from our regular contributors. Unfortunately, many were off-topic, and as such, not included in this carnival.Lets start with 30 years old, but still relevant article on American Spirit entitled Have we Forgotten of Clyde W. Kirkman posted at Fred Black's Fred Black: Internet Business Blog..Jeffrey Stingerstein presents 'in vitro meat', a -- still hypothetical... Read Full Story
In a few days the Congress is going to vote on the $300 billion Farm Bill. Its passage is pretty much assured, however, there is still hope that president Bush would veto it, as he should.The bill contains a significant number of provisions, all of them either wasteful, harmful or downright scandalous. Yes, scandalous! How else can you call a provision, added by the Senate Minority Leader Mitch McConnell, that gives tax breaks to the owners of the race horses? How do they dare to create taxpa... Read Full Story
In a few days the Congress is going to vote on the $300 billion Farm Bill. Its passage is pretty much assured, however, there is still hope that president Bush would veto it, as he should.The bill contains a significant number of provisions, all of them either wasteful, harmful or downright scandalous. Yes, scandalous! How else can you call a provision, added by the Senate Minority Leader Mitch McConnell, that gives tax breaks to the owners of the race horses? How do they dare to create taxpa... Read Full Story
I have never thought it would come to this, but I actually agree with president Bush. He threatens to veto the new "housing rescue" bill, and I can't hope enough he will actually do it.The House of Representatives must share Hillary Clinton's opinion on economists and other "elite" specialists: "who needs thinking if we can get votes". And what is the easiest way of getting votes if not giving one group of people money squeezed from another group?In particular, two of the bill's provisions ... Read Full Story