Browsing All Posts published on »August, 2010«

Obamanomics 101: The economy must be in peril if Hollywood feels compelled to spread the word: Video exposes some disturbing facts… The movie “the Other guys” end credits…

August 12, 2010 by

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One of the most important thing to take out of this video is that bailout money did not save the US economy. The bailout of major corporations primarily helped foreign investors and institutions. Bailouts also create a perverse incentive system. As long as the administration does not adopt a laissez-faire policy, irresponsible risk taking and […]

Levathian Inc.

August 9, 2010 by

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Governments seem to have forgotten that picking industrial winners nearly always fails.  Government intervention seems to have become a global phenomenon.  Long gone are the fears of unintended consequences.  The last major financial crisis has been used by politicians to make the concept of a “nanny state” more and more acceptable.  The economist makes a compelling argument why […]