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Monthly Archives: February 2012
Cult Studies
There is a new book entitled: Ayn Rand Nation: The Hidden Struggle for America’s Soul, by Wall Street reporter Gary Weiss, coming out this week. Ayn Rand created a cult of followers, including former Federal Reserve Chairman Alan Greenspan, around a … Continue reading
In My Tribe
Any honest accounting of President Obama’s policies, in regard to his management of the American empire, would have to conclude that there is little substantive difference between him and his predecessor. (What was that guys name again?) This ratchet effect, … Continue reading
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Tagged banana republic, man on dog, President Obama, rule of law, Santorum, tribal
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Ownership Society
Since the bank crash and economic meltdown that began in 2007, I have been struck by the disparity in coverage. Relying on television or print media, one might have come to believe that the crisis was brought on by government … Continue reading
It’s Their World, We just Live In It
The Federal Government and 49 States have agreed to a tentative settlement with the five largest banks for their robo-signing practices. While we still don’t know all the details, one thing has become clear–we officially have a bifurcated rule of … Continue reading
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Izzy
If there is a north star for this blog, it has to be the iconoclastic investigative reporter, I.F. (Izzy) Stone, with his independent newsletter–I.F. Stone’s Weekly. Using this weekly newsletter, started in 1953, Stone campaigned against the Cold War, McCarthyism, racial … Continue reading
March to War
As we march towards war with Iran, with one alarming news story after another, it is useful to turn our attention to some recent history. Ten years ago the neo-cons stampeded the US into a disasterous war with Iraq, using … Continue reading
Serfs Up
Friedrich von Hayek postulated, famously, that state planning and the welfare state would lead inexorably down a Road to Serfdom. However, things just didn’t work out the way he imagined. It is darkly ironic that the political and economic policies Hayek … Continue reading
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Tagged Friedrich von Hayek, neoconservatism, neoliberalism, Road to Serfdom
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“Free Trade”
Been having a back and forth with a friend over the issue of off-shoring by US corporations. I recently sent him an article in Naked Capitalism about why Apple manufactures the I-Phone in China. As to his arguments. He claims that China … Continue reading
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Tagged comparative advantage, David Ricardo, Francis Fukuyama, free trade, off-shoring
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