Tag Archives: collapse

Economic Dependency and Looming Disaster

By the end of the day we should all know the winner of the 2012 Presidential Election.  Of course, there’s always the possibility that it’s too close to call.  Perhaps a recount of dangling, hanging, dimpled, and pregnant chads will … Continue reading

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Deceptive Schemes to Bailout Unfunded Public Pensions

To sharpen the mind and invigorate the spirit we begin with the following riddle… What does man love more than life; Fear more than death or mortal strife; What the poor have, the rich require; And what contented men desire, … Continue reading

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“The Bank Was Saved, and the People Were Ruined”

“The Bank Was Saved, and the People Were Ruined” By Jeff Thomas, International Man The above quote is from William Gouge, commenting on the Panic of 1819.  The panic had been caused when the First Bank of the United States … Continue reading

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The Sick Lion

Venturing Back to the Land of Aesop We’re running a bit short on time today.  So, in lieu of our usual economic reflections, we’ll venture back to the sixth century BC to the land of Aesop. We’re not sure what … Continue reading

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