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20 July 2014 0 Comments

2014 the 100th anniversary of home air conditioning.

Charles Gilbert Gates was the first American to have air conditioning installed in his private residence. Air Conditioning was invented by Willis Havilland Carrier, a secular saint in my view.     Charles Gilbert Gates  The first US air conditioned residence   Willis Haviland Carrier, engineer and innovator   Cui bono? Who benefits from the […]

13 July 2014 0 Comments

The Consent of the Consumer

Capitalism depends on the consent by the consumer unless the administrative Statist/socialist bureaucrats intervene in the private economy. The PUC is proving it is not the consumer’s friend by obstructing consumer choice. The Pennsylvania Public Utility Commission sides with entrenched incumbent business to deny consumer’s choice and an innovative company the opportunity to compete on […]

10 April 2014 0 Comments

Not This Republican — The Power To Tax and the Power To Destroy Part 2

  Republicans join the call for tax on Marcellus drillers Not this Republican. The Republican Governor and Republican General Assembly targeted Marcellus Shale with the deceptively named “Impact Fee”. Marcellus Shale is non-union. When an initiative is led by Union financed “Progressive” Tom Murt, you know it is a union idea. Republican (?) Tom Murt is […]

27 October 2012 0 Comments

Higher Education – Recession Proof? College Admissions Are Up

“Recession? What recession?   College admission, applications at some top Washington universities are up despite    our national, economic, stagnation. At Georgetown University, for example, freshmen applications for fall 2011 rose 5 percent from 2011 …”   Read more: Despite hard economic times, college admissions are on the rise – Washington Times 23 August 2012

24 October 2012 0 Comments

Federal Reserve Creating Money by Fiat — And No Recorded Inflation – An Illusion of Prosperity – “Pseudo-Wealth”

In my opinion, and the opinion of many economists, the pseudo-prosperity  created by Federal Reserve intervention, will not, and cannot, continue. Since the financial crisis began in Aug. 2007, one of the puzzles surrounding the Federal Reserve’s quantitative easing program — i.e. money-printing — has been why it has not led to high levels of […]

23 October 2012 0 Comments

How Does Taxing the Rich Help You…Tax Makers v Tax Takers

The speaker in this 2.5 minute video asks some compelling questions “Would someone please explain to me how increasing taxes on some rich guy  puts somebody  else back to work. Or how taxing a  small business  owner create small business jobs?” Video 2.3 minutes Millions in Pennsylvania are watching this video and similar videos on […]

22 October 2012 0 Comments

More Corporate and Personal Welfare: More Getting More Government Checks – Who Pays?

Obama’s policies for four years, two of which, Jan 2009 to Jan 2011, he governed with Democratic Majority, and this is what happened. It is clear what will happen with four more years of these policies. More Welfare, Corporate and Individual; More Tax Takers and Fewer Tax Makers. Federal welfare spending has grown by 32 […]

22 October 2012 0 Comments

General Motors – Government As Venture Capitalist – Volt Discontinued

‘Automotive News, citing unnamed sources, reports the Detroit-Hamtramck plant will suspend production from Sept. 17 until Oct. 15. It would be the second interruption in production for the Volt, which can go 38 miles on battery power before needing a recharge from its gasoline engine or  a plug-in “recharge.”  Late Monday GM disputed published reports […]

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20 October 2012 0 Comments

The Gold Standard v Central Bank – Stability v Monetary Manipulation by Banking and Currency Cartel

Patrick Barron, an Austrian Economist, makes a salient, “core” point about the Gold Standard; Malinvestment, the misallocation of scarce resources, caused by the manipulation of interest rates by the Central Bank and the Federal Reserve, created a “cartel” of banks and currency centrally controlled in Washington, DC by a very few unelected people. READ MORE […]

18 October 2012 0 Comments

People before Profits! – Protectionist Obama Administration Protects Profits of Political Corporate Cronies

Don Boudreaux of Cafe Hayek, “where orders emerge”,  explains  “profits before people” and Crony Capitalism, or more technically, Corporatism, a form of Statism, socialism or fascism or communism: Free markets are often criticized for encouraging the fanatical pursuit of profits at the expense of other worthwhile goals, such as a cleaner environment. Such criticism, of […]