About my Blog
On this blog I will be posting my Articles & Columns that I have writen, as well as posting news items and links that I see that I believe are relevant or when I think things might be getting too serious some thing else.
So please let me know what you think of my Articles & Columns, and let other conservatives know about my blog.
Quick Note: I only link to wikipedia articles that I have checked out and are used only for reference material.
So please let me know what you think of my Articles & Columns, and let other conservatives know about my blog.
Quick Note: I only link to wikipedia articles that I have checked out and are used only for reference material.
Welcome to my blog, Solomon's Conservative Wisdom. The name of this blog comes from my middle name and the historical & biblical figure King Solomon. This group is dedicated to conservatism, and I invite all conservatives to join, I really don’t mind non-conservatives joining. All I expect is a respectful debate. So tell everyone you know.
Showing posts with label US Economy. Show all posts
Showing posts with label US Economy. Show all posts
Saturday, May 22, 2010
Capitalism is Matter and Socialism is Antimatter
Most have heard the phrase "Men are from Mars, and Women are from Venus." well I think I have a new one, "Capitalism is Matter and Socialism is Antimatter, and the two can be not mixed." This was inspired by a recent news item on why we exist, I will have something on that else where, but this is about how Capitalism is Matter and Socialism is Antimatter, and why the two can be not mixed.
Labels:
Articles and Columns,
Conservatism,
Economics,
US Economy
Tuesday, April 27, 2010
The Case against the Feds regulating the the Problems they created.
This is a continuation of my post, Bill O'Reilly Believes the Feds can Fix the Problems it Created.
In a conversation I had the other day on on small claims court and when someone sues a contractor when they mess up a job or don't do it right, it hit me that its the perfect argument against the Feds regulating the the Problems they created.
First let me lay out a simple hypothetical, you hire Federal Roofers to fix your roof because it has leaks, they come out give you price to do the job, you like it so you hire them. They show up and replace you old roof, then a week later during a rainstorm you start having leaks again. Now at this point you can go back to them to have them do the job again with no charge, or you can go to some one else who you have more faith in to get the job done right, and sue Federal Roofers for what you paid to get the job done right by another party. Now depending on your area and state, some places may require you to give them a second chance to fix the problem, but from personal experience when a particular group you hire to do a job doesn't get it right the first time, and I mean not getting it right in a fairly big way, tend not to get it right with the second chance.
Now the federal government created this whole mess in the first place by requiring the banks to make loans to people who couldn't possibly pay them, also what people like Bill O'Rilly don't pay attention to is the government threatened to take from the banks who complained that this was bad their federal credentials in other words these banks wouldn't be able to operate in the US and its territories, and so the banks wouldn't make any noise they backed these loans with Freddie Mac and Fannie Mae, with our tax dollars. Also it was the former head of Freddie Mac or Fannie Mae who came up with the idea of selling these bundled mortgages as investments.
So I ask again to Bill O'Rilly tell me that this whole mess isn't the fault of the Federal Government? And why should we give more power to the same people who made this mess in the first place, and then blame the private businesses when their pyramid scheme collapsed.
Solomon.
In a conversation I had the other day on on small claims court and when someone sues a contractor when they mess up a job or don't do it right, it hit me that its the perfect argument against the Feds regulating the the Problems they created.
First let me lay out a simple hypothetical, you hire Federal Roofers to fix your roof because it has leaks, they come out give you price to do the job, you like it so you hire them. They show up and replace you old roof, then a week later during a rainstorm you start having leaks again. Now at this point you can go back to them to have them do the job again with no charge, or you can go to some one else who you have more faith in to get the job done right, and sue Federal Roofers for what you paid to get the job done right by another party. Now depending on your area and state, some places may require you to give them a second chance to fix the problem, but from personal experience when a particular group you hire to do a job doesn't get it right the first time, and I mean not getting it right in a fairly big way, tend not to get it right with the second chance.
Now the federal government created this whole mess in the first place by requiring the banks to make loans to people who couldn't possibly pay them, also what people like Bill O'Rilly don't pay attention to is the government threatened to take from the banks who complained that this was bad their federal credentials in other words these banks wouldn't be able to operate in the US and its territories, and so the banks wouldn't make any noise they backed these loans with Freddie Mac and Fannie Mae, with our tax dollars. Also it was the former head of Freddie Mac or Fannie Mae who came up with the idea of selling these bundled mortgages as investments.
So I ask again to Bill O'Rilly tell me that this whole mess isn't the fault of the Federal Government? And why should we give more power to the same people who made this mess in the first place, and then blame the private businesses when their pyramid scheme collapsed.
Solomon.
Labels:
Bill O'Reilly,
business,
Economics,
US Economy
Wednesday, April 21, 2010
Bill O'Reilly Believes the Feds can Fix the Problems it Created.
Here we go again, O'Reilly Believes the Feds who made the housing mess in the first place can now fix it! Does the phrase "one's born every minute" sound familiar, O'Reilly wants more government regulation of the markets to fix what the government created by way of its earlier regulations, does that even sound logical!? For example when people were complaining of long lines at the post office, what was the post office's answer? Why to remove all of the clocks! What next, if people keep complaining of long lines will the confiscate anything capable of keeping time until you leave the post office facilities!? John Stossel tried to get O'Reilly to see the error of that view but like with Oil O'Reilly lets his anger cloud his critical thinking on this, see my past articles for more on O'Reilly's clouded critical thinking The Oil Company Profits and the Truth Bill O’Reilly Ignores. & Ethanol - The Gas Substitute that Can’t. And Other Options.
One of the key things O'Reilly is ignoring on this is government used it's police powers on the banks to force them to make loans to people who couldn't pay them back, basically putting a gun to the head of the banks. Any bank that made a noise about making these loans was told they would lose their Federal backing, in other words they would not be able to operate in the territories of the United States, and to keep those banks quiet the Federal Government backed the loans with Freddie Mac and Fannie Mae, with our tax dollars. So O'Reilly tell me that this whole mess isn't the fault of the Federal Government.
Solomon.
One of the key things O'Reilly is ignoring on this is government used it's police powers on the banks to force them to make loans to people who couldn't pay them back, basically putting a gun to the head of the banks. Any bank that made a noise about making these loans was told they would lose their Federal backing, in other words they would not be able to operate in the territories of the United States, and to keep those banks quiet the Federal Government backed the loans with Freddie Mac and Fannie Mae, with our tax dollars. So O'Reilly tell me that this whole mess isn't the fault of the Federal Government.
Solomon.
Labels:
Bill O'Reilly,
business,
US Economy,
Video/Music Clip
Sunday, December 13, 2009
Where is the Pay Czar NOW!
For feds, more get 6-figure salaries, where is the pay czar when we NEED him to regulate pay!?
See the full story here,
http://www.usatoday.com/news/washington/2009-12-10-federal-pay-salaries_N.htm
See the full story here,
http://www.usatoday.com/news/washington/2009-12-10-federal-pay-salaries_N.htm
Labels:
Economics,
News,
Obama Administration,
US Economy
Sign at homeless camp: 'Welcome to Obamaville'
Quote from the story to peck your interest,
'I've had 100 calls today and not a single 1 of them was negative'
Check out this story, here,
http://www.wnd.com/index.php?fa=PAGE.view&pageId=118827
'I've had 100 calls today and not a single 1 of them was negative'
Check out this story, here,
http://www.wnd.com/index.php?fa=PAGE.view&pageId=118827
Labels:
Economics,
Obama Administration,
US Economy
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