I have long since pondered an article called “The Myth of a Mandate,” debunking the liberal mantra that since the November elections when Obama won and liberals captured majorities in both houses of Congress, that this means the people of the United States have given a mandate to the entire liberal social platform with Obama as the poster boy leading the charge.
Full Story » Sociologist William Brustein went to Berlin a few years ago to tour the city. As his bus tour passed the bunker where Hitler spent his last days, the guide told how Hitler had seized power and fooled the German people. He assured the tour that “It would never happen again.”
Brustein knew the guide was wrong. His many years of study had convinced him that “It could happen again.” Brustein knew he would need empirical data to prove that the elements that brought Hitler to power lie just below the surface of all societies.
Full Story » Bernard Madoff, former Nasdaq Stock Market chairman and founder of Bernard L. Madoff Investment Securities LLC, was arrested and charged with securities fraud in what federal prosecutors called a "Ponzi scheme" that could involve losses of more than $50 billion. Some of the world’s richest people were duped by Madoff. He was turned in by his two sons. A Ponzi scheme is an investment program that promises to pay unusually high returns to investors after a specified period of time. A pyramid scheme is similar in that the person running the program pays off the early investors from money paid by later investors who were told that they too can get rich. The early investors, who are often unaware of the fraud, are used as testimonials for how well the program works.
Full Story » The first rule of economics is TANSTAAFL: There Ain’t No Such Thing as a Free Lunch.[1] While something might appear to be free (e.g., education, healthcare, etc.), there is always a cost to someone.
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