cop·ro·lite
[kop-ruh-lahyt]
–noun
Monday, July 25, 2011
Coprolite: A Good Vocabulary Word to Describe Congressman Maurice Hinchey
I found a good vocabulary word to describe Congressman Maurice Hinchey.
Sunday, July 24, 2011
America No Longer Home of the Free
I have heard from an anonymous source in one of the organizations that rates the degree of freedom in nations around the world that the rating for the US going to fall to approximately 10, i.e., that following the administrations of Barack H. Obama and George W. Bush America is now roughly the tenth freest country in the world, down several notches from the last rating. The source was not willing to divulge the exact ranking but when pressed said that there would be a significant downgrade.
This generation of Americans bears responsibility for putting its commitment to the two party system ahead of its commitment to liberty. That the average American's real hourly wage has not grown in 40 years is due to the ignorant belief that large-scale social programs can outperform a competitive economy in producing gains for the average American. In fact, the stagnation of the real hourly wage began in 1970 or so during the expansion of regulation that began in the late 1960s and continued into the early 1970s. We can expect further declines thanks to the ignorant policies of Democrats and Progressive Republicans and advocated by the legacy media.
In the late 1940s Friedrich von Hayek described America's path as a road to serfdom. The train is in the station. Americans are becoming serfs, just as Europeans have always been.
This generation of Americans bears responsibility for putting its commitment to the two party system ahead of its commitment to liberty. That the average American's real hourly wage has not grown in 40 years is due to the ignorant belief that large-scale social programs can outperform a competitive economy in producing gains for the average American. In fact, the stagnation of the real hourly wage began in 1970 or so during the expansion of regulation that began in the late 1960s and continued into the early 1970s. We can expect further declines thanks to the ignorant policies of Democrats and Progressive Republicans and advocated by the legacy media.
In the late 1940s Friedrich von Hayek described America's path as a road to serfdom. The train is in the station. Americans are becoming serfs, just as Europeans have always been.
Ron Paul and Barack Obama Neck and Neck
Despite the legacy media's pro-Barack Obama and -Mitt Romney bias, and its exclusion of Ron Paul, Rasmussen reports that if an election were held today Paul would poll 37% to Obama's 41% (h/t Mike Marnell). Several other Republicans also poll close to Obama, but the only one who currently beats him is Romney (43% Romney versus 42% Obama). Chris Christie does almost as well as Paul (37% Christie to 44% Obama). Former New Mexico governor Gary Johnson is not included in the Rasmussen poll.
It is not surprising that the legacy media excludes a viable candidate like Paul from coverage because (a) announcers like Bill O'Reilly and Sean Hannity are ignorant knuckleheads who do not know why Paul opposes the Fed and (b) Paul's opposition to the Fed's existence would harm O'Reilly's, Hannity's, Chris Matthew's employers, who benefit from the Fed at public expense.
In addition, Rasmussen notes in its daily presidential tracking poll that Obama's numbers are weaker than ever despite the legacy media's incessant advocacy in his favor. Rasmussen writes:
For the first time since March, Strong Disapproval of the president has been at 40% or above for seven straight days. On Saturday, consumer confidence fell again, reaching another new two-year low. Investor confidence also fell to the lowest level since December 2009. Most voters fear that any deal on the debt ceiling debate will raise taxes too much and cut spending too little. As the negotiations continue, most also are unhappy with both the Republicans and the Democrats in Washington.
Astonishingly, Romney does and Paul does not defeat Obama in a hypothetical race. It remains a puzzle to me why the American public, which has, for the past 40 years, seen the worst economic performance in the nation's history, continues to vote for Republicrat Progressives like Obama and Romney, who have been sucking them dry financially. Americans are voting for their own economic demise. Paul would shake things up and make life miserable for crony socialists who have been extracting wealth from the public for decades in the name of helping the little guy, starting with George Soros and his fellow thieves on Wall and Broad.
It is not surprising that the legacy media excludes a viable candidate like Paul from coverage because (a) announcers like Bill O'Reilly and Sean Hannity are ignorant knuckleheads who do not know why Paul opposes the Fed and (b) Paul's opposition to the Fed's existence would harm O'Reilly's, Hannity's, Chris Matthew's employers, who benefit from the Fed at public expense.
In addition, Rasmussen notes in its daily presidential tracking poll that Obama's numbers are weaker than ever despite the legacy media's incessant advocacy in his favor. Rasmussen writes:
For the first time since March, Strong Disapproval of the president has been at 40% or above for seven straight days. On Saturday, consumer confidence fell again, reaching another new two-year low. Investor confidence also fell to the lowest level since December 2009. Most voters fear that any deal on the debt ceiling debate will raise taxes too much and cut spending too little. As the negotiations continue, most also are unhappy with both the Republicans and the Democrats in Washington.
Astonishingly, Romney does and Paul does not defeat Obama in a hypothetical race. It remains a puzzle to me why the American public, which has, for the past 40 years, seen the worst economic performance in the nation's history, continues to vote for Republicrat Progressives like Obama and Romney, who have been sucking them dry financially. Americans are voting for their own economic demise. Paul would shake things up and make life miserable for crony socialists who have been extracting wealth from the public for decades in the name of helping the little guy, starting with George Soros and his fellow thieves on Wall and Broad.
Saturday, July 23, 2011
My Week at the Charles G. Koch Foundation's Market Based Management Seminar
I spent Wednesday to Friday at a seminar sponsored by the Charles G. Koch Charitable Foundation's market-based management initiative. The seminar was in Wichita. It was a first rate experience. Without exception, the speakers, mostly Koch executives, were enlightening. The audience was made up of talented libertarian academics from around the country.
On the first full day Mr. Koch spoke with a panel of executives. It was thrilling to listen to a business genius. He has built a medium size oil services firm into a $100-billion-in-sales nimble behemoth, the largest closely held corporation in America, using the principles outlined in his book, The Science of Success. Koch Industries' management style is more advanced than other corporations'. In contrast to billionaires like George Soros who live off the Fed and immiserate the public, Koch makes money by producing value. The legacy media therefore libels Koch.
Richard Fink, a former Rutgers economics professor and president of the Charles G. Koch Charitable Foundation, gave several talks about economic freedom. Charles's son Chase spoke on Friday morning about how one of the firm's subsidiaries applies market based management. As well, we heard from finance, operations and HR executives about how the firm implements Charles's market based management model. Besides being an innovative competitor Koch displays ethical standards that are beyond anything I have witnessed in academia or in the New York business community. Koch Industries is MORE ETHICAL than most higher education institutions.
The culture shock of going from upstate New York, which is devoid of industry, to Wichita, which has numerous thriving businesses including Coleman Lanterns, Cargill, and Koch, made me reflect on the reasons for New York's economic failure. In New York, state and local government spend 23.3% of gross state product while in Kansas state and local government spend 18.17%.
This was a great opportunity because academia excludes and discriminates against libertarian professors. The Koch seminar provided me with an introduction to colleagues who share my views. As well, I enjoyed learning about state of the art management practice.
On the first full day Mr. Koch spoke with a panel of executives. It was thrilling to listen to a business genius. He has built a medium size oil services firm into a $100-billion-in-sales nimble behemoth, the largest closely held corporation in America, using the principles outlined in his book, The Science of Success. Koch Industries' management style is more advanced than other corporations'. In contrast to billionaires like George Soros who live off the Fed and immiserate the public, Koch makes money by producing value. The legacy media therefore libels Koch.
Richard Fink, a former Rutgers economics professor and president of the Charles G. Koch Charitable Foundation, gave several talks about economic freedom. Charles's son Chase spoke on Friday morning about how one of the firm's subsidiaries applies market based management. As well, we heard from finance, operations and HR executives about how the firm implements Charles's market based management model. Besides being an innovative competitor Koch displays ethical standards that are beyond anything I have witnessed in academia or in the New York business community. Koch Industries is MORE ETHICAL than most higher education institutions.
The culture shock of going from upstate New York, which is devoid of industry, to Wichita, which has numerous thriving businesses including Coleman Lanterns, Cargill, and Koch, made me reflect on the reasons for New York's economic failure. In New York, state and local government spend 23.3% of gross state product while in Kansas state and local government spend 18.17%.
This was a great opportunity because academia excludes and discriminates against libertarian professors. The Koch seminar provided me with an introduction to colleagues who share my views. As well, I enjoyed learning about state of the art management practice.
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