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Archive for September, 2008


How the no-consequences mentality gave us the financial crisis

Monday, Sep 29th, 2008 by Brandon | 0 Comments
Filed under: Society & Politics | Tags: ,

Here is a good article that explains why we have a financial problem, who gave it to us, and what should be done about it:
http://www.realclearmarkets.com/articles/2008/09/in_times_of_crisis_trust_capit.html
It’s clear to me that our pathological aversion to personal responsibility has worked itself so far upward that our entire economy has become based on “no consequences for bad choices.”

How to solve the USA financial crisis in four easy steps

Saturday, Sep 27th, 2008 by Brandon | 1 Comments
Filed under: Society & Politics | Tags: ,

1. Drop corporate tax rate to 10%.
2. Repeal Sarbanes Oxley.
3. Drop Capital Gains tax to 0.5% and use all of the revenue to pay off whatever “bailout” plan Congress approves.
4. Freeze the federal budget — no new spending, no budget increases, except maybe defense.
Why:
1. Corp taxes in the USA are the second highest in the [...]

Why left-wing politicians cheer on economic disaster

Tuesday, Sep 23rd, 2008 by Brandon | 0 Comments
Filed under: Society & Politics | Tags: , ,

The senator said she didn’t think all responsibility for solving these problems should be vested in the Treasury Department, suggesting that “once we get through this immediate crisis,” the country should look at some Great Depression-era type of governmental entity to deal with it. -Article
Liberal politicians love these problems, because when things get rough, people [...]