Ludicrous Proposal by Harvard Economics Professor to Force Taxpayers to Buy Spanish Bonds; Mish's Five-Point Alternative Proposal

As the economic crisis lingers on, the number of ludicrous proposals to deal with the crisis rises every month. I have lost count by now of preposterous ideas and who made them (does anyone have the complete list?), but a proposal by Harvard Economics professor Martin Feldstein to force taxpayers to buy Spanish bonds surely makes the list of top-five ludicrous proposals. Martin Feldstein, writing for the Financial Times says Taxpayers must backstop Spain’s budget...

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Mish's Global Economic Trend Analysis

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Were The Founding Fathers Aided By Aliens?

Photo: Sebastian Bieniek, Dollarfaces https://www.b1en1ek.com/works/bieniek-paint/2015-dollarfaces/

The American Tea Party 2009: Goals, Objectives, and Principles

Image by André Karwath ( CC ) I do not presume to be the mouthpiece or leader of the 21st century American Tea Party movement, so the following is a summary of my personal vision for the modern American Tea Party, a list of objectives I believe it should seek to accomplish, and a set of principles I believe it should strive to embody. I am writing this because the Tea Party movement will fail to create real change unless it finds direction in sound principles and takes specific, practical steps to ensure the implementation of those principles in public policy. I. Principles Any political movement is doomed to failure so long as it is merely fighting for a particular, isolated policy preference or even a set of such preferences, absent of any context and underived from or related to a unified framework for viewing reality, humankind's role in reality, and government's role in humanity. The following (originally published in the Dec. 2008 article " Six Reasons Not To Bailo...

Ron Paul’s Devious Plan to Steal the Presidency

This is an absolute hoot! Ron Paul hating Republicans are in panic mode. The website Hillbuzz.org includes in its blogroll Ann Coulter, Michelle Malkin and Conservatives4Palin. Hillbuzz is so utterly revolting that I may just have to subscribe to its updates. Up until yesterday, I really hadn’t taken the Ron Paul campaign very seriously. Most non-Paul voters probably felt like I did, and laughed him off as that “kooky Uncle” who didn’t have a chance in hell to win the Republican nomination for President. Well, I’ve changed my mind. Big time. Yesterday I attended the Republican organizational convention for my Senate district here in Minnesota, and what I witnessed was an organized take-over of our nomination process by Ron Paul cultists. They came to this convention with the sole intent to take over as many of the delegate seats as they could, and sadly, they succeeded. Read the rest here Hillbuzz

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