Ruminations

Behind the screen

Category: Economics

  • The Absurdity of It All

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    Kyle
    in

    Dr. Skidmore has found questionable spending after FASAB 56 was implemented, and the figures are staggering when compared to official budgets: Post-FASAB 56 findings: For fiscal year 2019 alone (after FASAB 56’s implementation in 2018), the Department of Defense reported $35 trillion in accounting adjustments, which was 47 times the $738 billion in authorized DOD…

  • Who really has the power?

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    Kyle
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    Whether government or big business is in control largely depends on the longevity of the actors involved. It used to be that corporations could just buy their representatives in Congress, and replace them for “unsatisfactory performance”. Now with the current gerontocracy in all branches of government – holding power for decades and above the law,…

  • The Enemy Within

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    Kyle
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    Is the Marxist plague about to destroy America? It’s a nice story but looks at only “symptoms”. This play started over 120 years ago when certain British elites planned the destruction of the German and Russian empires (cf. Gerry Docherty) . They conspired to start WW1 against both of them. When Germany was about to…

  • Obama’s War on America’s Energy Infrastructure.

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    Kyle
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    No, going into green energy is not a good thing if it is not economical, and it is not. Obama blew $150 billion, stolen from the taxpayers, on these essentially “crony capitalist”, anti-free market projects. Obama Subsidizes U.S. Solar Energy Spain’s economy was basically destroyed by the fanatical green energy movement there – Spain’s Green…

  • Blacks are worse off under Obama/Clinton!

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    Kyle
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    I was wondering about how polls could say 95% of black voters are for Killary, when all the numbers says blacks are much worse off now after 6 years of “Democratic leadership”. Townhall – Blacks worse off under Obama Expansion of black misery under Obama National Review – blacks worse off under Obama I’m thinking…

  • The Greater Fool

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    Kyle
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    I have heard repeatedly people say they can’t fathom how anyone would lend money to a government for a negative interest rate. This is true only if they keep the bond to maturity, and they have no intention of doing so! If investors expect future interest rates to become even more negative, then the value…

  • Misery Index

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    Kyle
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    Remember the Misery Index? Misery Index is just unemployment rate + inflation rate. Ronald Reagan campaigned on it when it hit an “outrageous 21%” in 1979. Since then the govt has just been making ever more elaborate lies about what the numbers are. See this good article – http://www.zerohedge.com/news/2015-06-15/our-phantom-economy , and the first comment: real…