TomInReston | April 26, 2009
We can see what happens when markets fail. It’s not pretty.
A decade ago, it was the dot com bust (along with big chunk of the telecom industry). Now it is the housing, banking and insurance sectors.
Next time is what scares me, because it may be our healthcare system. and we could be setting the stage [...]
TomInReston | February 8, 2009
This is NOT a deep thought.
No amount of incentives to businesses will create jobs.
Businesses will create jobs when and only when they need the workers to meet the demand for their products and services, regardless of what incentives are (or are not) in place.
TomInReston | February 7, 2009
i’m watching the travesty called the United State Senate, and right now I’d like to abolish it altogether and ship the whole crew — from whining Republicans to spineless Democrats to idiot staffers — to a desert island somewhere. Then they could bask in the company of one another and let the rest of us [...]
I know of no safe depository of the ultimate powers of the society but the people themselves; and if we think them not enlightened enough to exercise their control with a wholesome discretion, the remedy is not to take it from them but to inform their discretion.
