Monday, October 20, 2008

Wouldn't It Be Nice?


Wouldn't it be nice if we lived in a world with out hunger?

Wouldn't it be nice if you had a car as nice as your neighbors'?

Wouldn't it be nice if no one went without health care?

Wouldn't it be nice if you were paid as much as that CEO from Lehman Bros?

Wouldn't it be nice if the super rich had a little bit less, so that everyone else could have just a little bit more?


I'm talking about making life a little bit easier for those at that bottom. Those at the top have enough, don't they?


These are the thoughts I imagine liberals to have. They sound reasonable don't they. In fact Barak Obama's words echoed these thoughts when he spoke to "Joe the Plumber". "It's not that I want to hurt you, but if you're doing well, we need to spread the wealth around a little bit."


And so they make policies in order progress this ideal. This ideal, however, is communism.


Com"mu*nism\, n. [F. communisme, fr. commun common.] A scheme of equalizing the social conditions of life; specifically, a scheme which contemplates the abolition of inequalities in the possession of property, as by distributing all wealth equally to all, or by holding all wealth in common for the equal use and advantage of all.


It sounds like a noble idea, equality for all. They love the idea, even if they won't admit it.

Attn Socialists, The Free Market Works


The housing bubble has been fingered by most economic experts as the root cause for what we are experiencing through out the financial world. It has also been the main point of contention by those who say that free market capitalism is ineffective. In reality it was the governments involvement that was forcing banks to make loans to folks who had no business receiving home loans, but that is a subject for another post.


It was announced today that as prices have began to fall on overpriced homes. Sales are increasing, and we're not talking about a little bit.


LA JOLLA, Ca. -- Southern California home sales shot up by an unprecedented
65 percent last month from the dismal, record lows of a year ago, when a credit
crunch slammed the brakes on home financing. September sales also posted a rare
gain over August as price cuts lured more buyers. Foreclosure resales rose to
half of all transactions.


Here is the full story if you care to read it. Here is the point. The free market works. We don't need a bail out. We don't need the government stopping foreclosures. We don't need more government intervention. We need less. The market will correct itself. Government intervention will only prolong the downturn.

Sunday, October 12, 2008

Welcome to Fall in Montana

It began snowing here in Billings, MT Friday afternoon. Since that time it has not stopped. Early Saturday morning this picture was taken as a few of the neighbor children took an opportunity to make the first snow man of the year.


This morning as I awoke I was shocked to see the amount of snow on the ground as we are not even to the half way point in October. I love snow in the trees. There is something honest and pure in the virgin snow, before it is molested by the throng of kids eager to play in the snow are loosed by their parents.

The snow has yet to stop. I may take a few more when the flakes cease to fall. Have a great Sunday afternoon. Mine will entail sipping hot chocolate, watching football, and turning a few pages in my current read, John Adams.

Monday, October 6, 2008

Drastic Times Drastic Measures?


Scary when the only politician I see taking the side of the people in this recent financial crisis is Ron Paul. During the primaries I was sure Ron Paul was a kook. He still might be. In fact it's likely. Yet he is the only person I have seen speaking straight forward about this problem. How it was caused. How it could have been prevented. Who is responsible. What should be done.




With both conventional parties selling out American principles it might be time to send an historic message by sending a third party candidate into the white house.


What has happened to the Republican Party when I'm considering a vote for Ron Paul.

700 Billion Just Not Enough


Many of us said this would happen and here it is. Wall Street looking for more. Even with you committing 700 billion from your grandchildren's future to stop the bloodletting of the markets, Wall Street insiders say the big traders are still looking for more.


Open up your pockets again. You are going to see more and more stories in the news shortly regarding the need for a second package to help bail out the "Global Economy".


I am against a bail out. I am for capitalism. I am for a free market, and I am for the people of the United States of America. However, I am realistic enough to know there will be real consequences for not providing for a bailout. Here is what I believe they will be.


1. Lots of families losing their homes.

2. Even those who are making payments will see the note on their home called "due in full".

3. You will not be able to get a loan for ANYTHING for some time, possibly years.

4. Business will not be able to get loans, grow business, create more jobs.

5. Unemployment would rise as high as 15 percent. (That is double the current rate)

6. Many would see their retirements dwindle in the face of a diminishing dollar and shrinking market.


These are just a few of the costs of not bailing out wall street. You may agree with me that the bailout is a bad idea, but you must be ready to face the consequences. Remember the fall of Russia was one of reckless financial spending. Have we learned the lessons of the great depression and the downfall of Russia, or are we destined to repeat those lessons?