Archive for the 'Economy' Category

Some Thoughts

Sunday, August 1st, 2010

We just got back from a seven day cruise to Bermuda.  We did meet a lot of interesting people on the cruise as well as some interesting people in Bermuda.
What surprised me was how wealthy Bermuda is.  The reason is quite simple.  Bermuda makes most of its money by not having income or sales taxes.  [...]

Some thoughts for the Week End

Friday, July 23rd, 2010

Until Shirley Sharrod opened her mouth she actually had my sympathy.  I wrote yesterday about my initial feelings.  But Ms. Sharrod then went on the interview circuit and denounced the usual suspects, Fox News and Anrew Breitbart for all her troubles.
Strange.  We now have the internal memos from Fox News that they were actually leery [...]

Thinking About Homelessness

Wednesday, July 21st, 2010

I was thinking about the problem of the homeless.  I began to think, how did it happen and how to solve it.
As I began to investigate the issue I made some startling discoveries.  That the problem was not due to the free market system.  That these are not people who are simply down on their [...]

A Further Thought on Greed

Thursday, July 15th, 2010

Looking over my last post there is something that I feel that I did not make quite clear.  The fact is that I do not regard businesses as intrinsically good or bad.  A business has one goal.  That is to make a profit.
This is different from government.  A government is not interested in profit.  Ony [...]

The Benefits of Greed

Monday, July 12th, 2010

One of the major misconceptions is that the “robber barons” were simply greedy men who preyed on the common people.  While it is true that they were greedy, they saw that the way to their wealth was to produce a product that the common people would want.
Let’s ask an obvious question.  How did it come [...]

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