This week seemed to me to be the most boring in a long time as far as news is concerned. So I don't have a whole lot to talk about nor do I have that many articles. I'm going to try to start posting things more often so you get news and commentary faster and I don't forget as much.
Someone finally counted the number of times Obama has spoken on health care, whether it be townhalls, television speeches, speeches at public events, etc. Anyone want to guess? 111. He hasn't even been in office a year.
With all the talk of spending, printing money, we really could be at risk for not only inflation, but hyperinflation. I sent out an article a while back about Argentina with the warning that it could happen here. But why is inflation so bad? Simply because it benefits debtors at the expense of creditors. If I loan you $100, that $100 buys a certain amount of goods. When prices rise due to inflation, that $100 buys considerably less than it used to. In terms of the amount of goods that money will purchase, with inflation now the amount you owe is less than what it used to be, while I am getting back considerably less than the value I loaned out.
MUST READ
* What we can learn from Soviet medicine.
* I'm starting to wish Cheney would have run in 2008. He gets the point across effectively.
* It is important to look beyond the initial effects of government programs. Case in point Cash for Clunkers.
* Continuing government lies about the cost of their programs. Are they ever right?
Obama, the Radical
* Obama continues to surround himself with radicals. In this case Van Jones. Thankfully Jones has resigned, but isn't the saying you can tell a lot about someone by the company they keep?
* And yet another radical, John Holdren.
* Rove is right. Obama is on the verge of losing trust.
Silly Liberals
* Senate Majority Leader Harry Reid is already behind in the polls for reelection. Now he has apparently decided to take on the newspaper in his home state.
* Shouldn't lawmakers be more concerned about the safety of their citizens? Apparently not.
* Credit the Times for reporting it, but does anyone put two and two together? The teenage unemployment rate is over 25%. Remember last summer when the minimum wage went up? Couple that with a recession and it's no wonder they get hurt the hardest. The minimum wage doesn't really help when more of them don't have a job.
Limiting Liberty
* Proposal to allow the Obama administration to control the Internet in an emergency.
Monday, September 7, 2009
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