Economics 101: In the end, only results matter, and the results of liberal economics are failure

From the Sacramento Bee: Census Bureau: California still has highest U.S. poverty rate By Dan Walters | dwalters@sacbee.com | 10/16/2014 11:25 AM | 10/17/2014 9:46 AM California continues to have – by far – the nation’s highest level of poverty under an alternative method devised by the Census Bureau that takes into account both broader …

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Economics 101: Eventually, you have to pay your bills!

Via msnmoney: Americans face post-foreclosure hell as wages garnished, assets seized Reuters | By Michelle Conlin | October 14, 2014 NEW YORK – Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing them …

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Comment rescue: Jason Scott on the Delaware Liberal

Jason Scott, the primary host of the Delaware Liberal, was claiming that The US Middle Class hasn’t gotten a raise during Tom Carper’s tenure in Congress, not that Senator Carper could have done anything about it. In a comment, Mr Scott wrote: After all these years that realization just hit me as I was writing …

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Found on Facebook

One of my Facebook friends posted this article with the comment, “How come the Jews never do this?” Muslims demand food banks provide pork-free free food section September 22, 2014 by Joe Saunders It’s not enough that the food is free. It’s got to be pork-free, too? Muslim activists in Minnesota – that’s the heartland …

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About that Keystone XL Pipeline . . .

From The Wall Street Journal: Dangers Aside, Railways Reshape Crude Market Shipping Crude by Rail Expands as New Pipelines Hit Headwinds and Train Companies Reap Revenue By Russell Gold and Chester Dawson | Sept. 21, 2014 10:32 p.m. ET In May 2008, a locomotive with a grizzly bear painted on its side pulled into a …

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Fed Chairwoman Janet Yellen and the policies of the President who appointed her

From msn.com: Yellen says US families need to boost savings By Martin Crutsinger of Associated Press WASHINGTON (AP) — The Great Recession showed that a large number of American families are “extraordinarily vulnerable” to financial setbacks because they have few assets to fall back on, Federal Reserve Chair Janet Yellen said Thursday.Yellen said a Fed …

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Socialism in action!

The very fortunately late President Hugo Chavez was going to show all of us greedy capitalists just how superior socialism was! Venezuela’s Newest Shortage: Breast Implants Caracas, Venezuela — September 15, 2014, 8:45 AM ET — By Hannah Dreier, Associated Press Venezuela’s chronic shortages have begun to encroach on a cultural cornerstone: the boob job. …

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Economics 101: Maybe going on strike for higher wages when your jobs are already being replaced by robots isn’t the wisest idea

From USA Today: Thousands of fast-food workers strike; arrests made By Bruce Horovitz, USA TODAY 6:47 p.m. EDT September 4, 2014 The fast-food industry suffered some image indigestion Thursday when more than 430 workers demonstrating for higher wages in dozens of cities were arrested, organizers estimate. Those arrested included Rep. Gwen Moore, D-Wis., in West …

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