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Please don't let your friends vote Democrat until they read this short, but outstanding article by Harvard economist, ThomasSowell . And if they still want to vote Democrat after reading the article, see if you can have them committed for insanity :-) (Hat tip: John W)
The conservative commentator argues that critics make a strategic mistake when they talk about Sen. Barack Obama's "past associations" as it allows the media to counter-attack against "guilt by association" : "Associations are very different from alliances. Allies are not just people who happen to be where you are or who happen to be doing the same things you do. You choose allies deliberately for...
Do facts matter? : Yet, today, what are we hearing? That it was the Bush administration "right-wing ideology" of "de-regulation" that set the stage for the financial crisis. Do facts matter? We also hear that it is the free market that is to blame. But the facts show that it was the government that pressured financial institutions in general to lend to subprime borrowers, with such things as the Community...
ThomasSowell can't believe what he's seeing, or hearing. Neither can I, but since he expresses himself better: Abraham Lincoln said, "You can fool all the people some of the time and some of the people all the time, but you can't fool all the people all the time." Unfortunately, the future of this country, as well as the fate of the Western world, depends on how many people can be fooled...
The great ThomasSowell on the insanity of Friday's bailout plan: Abraham Lincoln said, “You can fool all the people some of the time and some of the people all the time, but you can’t fool all the people all...
This is a good read. The current financial bailout crisis has propelled Barack Obama back into a substantial lead over John McCain — which is astonishing in view of which man and which party has had the most to do with bringing on this crisis...
The title of an excellent ThomasSowell column... the country does not deserve to be put in the hands of a glib and cocky know-it-all, who has accomplished absolutely nothing beyond the advancement of his own career with rhetoric, and who has for years allied himself with a succession of people who have openly expressed their hatred of America . And the scientific community is united...
ThomasSowell: Abraham Lincoln said, "You can fool all the people some of the time and some of the people all the time, but you can't fool all the people all the time." Unfortunately, the future of this country, as well as the fate of the Western world, depends on how many people can be fooled on election day, just a few weeks from now. Right now, the polls indicate that a whole lot...
ThomasSowell always has something interesting to say: Among the Congressional “leaders” invited to the White House to devise a bailout “solution” are the very people who have for years created the risks that have now come home to roost. Five years ago, Barney Frank vouched for the “soundness” of Fannie Mae and Freddie Mac, and [...]
I have to honestly admit, some of the people I share citizenship with in this nation of ours scare me. When I read pieces like the one written by ThomasSowell, , the answer is a resounding no. It's not just related to presidential politics, a good number of those who vote really have no clue and do not take their vote responsibly. I'm not talking about people who are overly partisan,...
America's greatest economist, ThomasSowell, on the politics of the clusterfuck* that is the Wall Street bailout: Nothing could more painfully demonstrate what is wrong with Congress than the current financial crisis. Among the Congressional “leaders” invited to the White...
Genius is the ability to make the complex comprehensible. When things get confusing, I turn to ThomasSowell. Here's how he sums up the financial crisis, and the lessons we should learn from it: Since risky investments usually pay more...
... are actually very expensive and the same principle applies to CEOs." My response : I'm with Mr. Sowell...so long as CEOs do well. However, I don't believe that CEOs who mismanage their companies should get millions in severance pay, while the taxpayer foots the bill of their mistakes. I ain't with Mr. Sowell on that one.
ThomasSowell's latest is spot-on. Here's an excerpt: N. Gregory Mankiw, his {Pres. George W. Bush's] Chairman of the Council of Economic Advisers, warned in February 2004 that expecting a government bailout if things go wrong "creates an incentive for...