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Monthly Archives: December 2014

Along with many, many others I am not a fan of companies such as Bank of America or Citibank, and think even less of the insurance industry.

However, while it makes great theatre for the left, there are some problems with the populous bail out blather being peddled by the likes of “Liz” Warren around corporate cronyism in banking.

I doubt we will ever hear these being shouted from rooftops. Read More »

If you pay attention to tv news at all, you have heard time and again about workers demonstrating/striking for higher wages, higher benefits, etc.

There is nothing wrong with this and there are circumstances where such complaints are justified.

But there many examples of such actions putting companies out of business or forcing unacceptable tax increases.  So it can go too far.  And there are many examples where such demonstrations are part of a broader anti-capitalism campaign whose goal is disruption and destruction.

Worker wages are part of business costs.  What happens if those costs go up?  Who does and who should pay?

If you can take a small slice of time to understand the simple model which follows, the next time you see or hear about a wages demonstration or run across a budding anarchist, you can make a rational argument, understand one when you hear it, or recognize a hustler (they are legion). Read More »

Ferguson has a population of around 21,000 of which 13,400 are black.  I am not going to comment on the racial issues of Ferguson, but rather on what the media is covering: riots.

The rioting will stop when the locals no longer support imported professional agitators and anarchists.  The media is covering the riots, but it is not telling you the truth about what is going on. Read More »