Posts belonging to Category Capitalism

New Credit Card Rules Bound to Shock Some

New reforms on Credit Cards go into effect today – it’s a good idea to check on changes to your cards:

More here: King 5 News
That helps explain why the industry reacted so aggressively to the legislation. Among the moves it made:
— Resurrected annual fees.
Annual fees, common until about 10 years ago, have made a comeback. [...]

G-20 Protestors Get Violent

G-20 Protestors Get Violent
The usual Anarcho-communists showed up to violently protest capitalism and the G-20 global summit in Pittsburgh, and you can see some media hypocrisy in the coverage. [Aside:They call themselves "Anarchists" because nobody calls themselves communist or Marxist in this century without getting laughed at.]
The protests did grow violent with Black Bloc’ers and [...]

The Michael Moore Challenge

The Michael Moore Challenge
Some people estimate that Michael Moore’s worth is 100 million or better, and in his new movie he declares that capitalism is evil. Since capitalism is merely property and the trading thereof, I call on Michael to stop relishing his own evil by giving every penny he has away. Every bit of [...]

Cash for Clunkers = Euro Technocrat Fail

Cash for Clunkers = Euro Technocrat Fail
As you can see if you visit the scrappage article at Wikipedia the program in the US is not hope and change, but rather just another failed program borrowed from the Technocrats in Europe.
Congresswoman Debbie Stabenow (D-MI) is fond of pointing at the German program, but if she had [...]

Obama: The Fail Part II, Nothing

Obama: The Fail Part II, Nothing
I’ve been among those saying that there’s plenty to slam our President on without making stuff up as some kookspiracist bloggers are prone to do, and you don’t need to wish him to fail. In my previous post I noted that President Obama is failing at least for his first [...]

Virgin CEO Branson Fully Favors Nuclear Energy

Virgin CEO Branson Fully Favors Nuclear Energy
Richard is somewhat halting in public speaking but what he says here is very pertinent and right on the money.

This is exactly in synch with what oil economy specialists say, especially in light of the new restrictions on shipping diesel fuel. The sooner we can free up more light [...]

Pelosi Pimps National Energy Tax and Iowa Congressman Braley in Des Moines

That’s how it started off, a plan like the Europeans… but since then it’s turned into a patronage scam of perks and pork as Rep. Henry Waxman trades credits to states whose votes he needs to pass the bill. It’s a monstrosity that we don’t need while the economy is recovering.

Government Motors

Government Motors
GM? Today they get their final lifeline… 30 billion more in Taxpayer dollars, but still bankrupt:
But the officials said Sunday they would try to steer clear of getting involved in the automaker’s day-to-day operations, though the government will maintain the right to set upfront conditions for providing assistance in “exceptional cases.”
The administration expects company [...]

Amazon Code

I’m fiddling with Amazon links for kicks, ignore this post please
Amazon.com Widgets

Drowning the Taxpayer in Debt: Priceless

Drowning the Taxpayer in Debt: Priceless
There are some things your tax dollars shouldn’t buy…

Lamar Alexander: We Should Mimic the French

Lamar Alexander: We Should Mimic the French
Mime jokes aside, Lamar Alexander gets things right in this video even though I disagree with him on some other topics (notably TRACS.)

200 Years That Changed the World

200 Years That Changed the World
In this video Hans Rosling demonstrates two hundred years of dramatic world change. This isn’t something to sneeze at but if you want to ask “So What?” then the answers to the “so what” question are manifold. Here is but one:
The world in general trends towards the good – throwing [...]

Rites of Spring

Rites of Spring

It happens every Spring, all of the moonbat socialists and communists hold demonstrations. Ringo the Gringo has a great photo essay of the annual ANSWER sponsored anti-war march in LA, please stop by for a visit.

Cap and Tax Shell Game Pushed by Geithner

Cap and Tax Shell Game Pushed by Geithner
This is the worst possible time to be pushing cap and trade – increased prices for energy are not the answer for our economic woes, and a low energy future is not the way to combat pollution. If we want to tackle the problem we should be building [...]

Hans Rosling: Yes They Can

Hans Rosling: Yes They Can
A marvelous presentation by Hans Rosling, please ignore the Obamanistic term a moment – Hans tells you what I’ve thought all along. Energy is key, what good is advantage if you are living on an island of wealth and the rest of the world is shipwrecked on the reefs of third [...]

Democrats: You Own it

Democrats: You Own it
A new ad on the Generational Theft Act of 2009 from the Republicans in Congress. While the production quality of this video has sunk from the polished efforts we saw in the campaign I like this because it is raw, gritty, and direct from the heart.

Open Republicanism

Open Republicanism
Is there such a thing? Will the Republicans always be run by PAC’s and pundits, or can they actually toss the tired rhetoric aside and move into this century? All good questions that I don’t have the answer for, but we must do something soon.
At a time when our Republican elected officials can only [...]

Pork Bubbles: Graphic Representation of the Stimulus Bill

Pork Bubbles
Now that the porkathon in Congress is over and the Stimulus bill certain to pass, it’s time to look at what your congresscritters hath wrought. There’s a great graphic representation of it over at the Washington post that breaks it down into proportionally representative bubbles. A quick glance will show you that Health and [...]

Milton Friedman on Greed

At times like this when the “best and the brightest” have made huge mistakes, and government controls and intervention are shown to be useless, it’s good to remember the prime things that drive economies: key among them is self interest, or as some would have it, Greed.

The Sources of the Meltdown

Few things are simplex, most are complex – and when it comes to the current financial meltdown, the failures go beyond complex to multiplex.