We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Steve Forbes is right of course, but I think he missed a reason the central bankers want to try to induce inflation and that is that deflation is considered much worse (obviously it depends on the level of both).
Another way of looking at inflation/deflation is that inflation is when things are more valuable than money and deflation is when money is more valuable than things. Both cases are dangerous - especially in their extremes and as Forbes says, the value of money is not something the Fed can control directly but only influence.
That said, I'm not taking up for the Fed (though I want to read Milton Friedman's explanation on how the Fed blew it at the beginning of the Great Depression - he said the Fed had to tight a monetary policy which seems to imply that he would not be so negative on the Fed) and I'm not disagreeing with anything Forbes said. I wished he had addressed the Fed's motivation.
Americans Are Living Better Then They Have At Any Point In Human History
Hey, we all live better than the riches king could dream of even 150 years ago. Except for having those subject to lord over, but the Democrats have a plan for that.
I recommend --'The Big Change: America Transforms Itself 1900-1950)' (1952), Frederick Allen Lewis -- just to see how much better off we are today and even were in 1950 than at the turn of the 20th century.
Here is a passage discussing the delightful transportation means just 100 years ago:
But horses were everywhere, pulling surreys, democrats, buggies, cabs, delivery wagons of every sort on Main Street, and pulling harvesters on the tractorless farms out in the countryside.
The sights and sounds and sensations of horse-and-carriage Iife were part of the universal American experience: he c!op-clop of horses' hoofs; the stiff jolting of an iron-tired carriage on a stony road; the grinding noise of he brake being applied to ease the horse on the downhill stretch; the necessity of holding one's breath when the horse sneezed; the sight of sand, carried up on the tires and wooden spokes of carriage wheel, spilling off in little cascades as the wheel revolved; the look of a country road overgrown by grass, with three tracks in it instead of two, the middle one made by horses' hoofs; the special maIe ordeal of getting out of the carritge and walking up the steeper hills to lighten the load; and the more severe ordeal, for the unpracticed, of harnessing horse which could recognize inexperience at one scornfui g!ance. During the Northern winter the jingle of sleigh bells was everywhere. On surmner evenings, along the tree-lined srees of innumerable American towns, families sitting on their front porches would watch the fine carriages of the town as they drove pst for a proud evening's jaunt and the cognoscenti would wait eagerly for the glimpse of the banker's trotting pair or the sporting lawyer's 2:40 pacer. And one of the magnificent sights of urban life was that of the fire engine, pulled by three galloping horses, careening down a city street with its bell clanging.
I like this bit, "the look of a country road overgrown by grass, with three tracks in it instead of two, the middle one made by horses' hoofs;" Obvious but completely out of the experience of even a big Western fan such as myself. Just yesterday, I noticed this in a TV western, they turned to ride off down a two track road.
Regarding the fuss being made of Obama-care. First, Obama was adamant that he was going to "fundamentally transform America". These guys never hide their true intentions. In fact, they can't stop talking about them. Second, the dangers of Obama-care were never a mystery to anyone in power or anyone with eyes to see and ears to hear. Else, why did he have to bribe the insurance and health care industry with false promises of guaranteed profit and subsidies? Else, why did the politicians and unions whose votes he needed demand and get futile exemptions from the law? Of course it was going to fail and everyone knew it. But, the point is not that Obama-care fails to function as health care. The point is that it functions to centralize power and forces most of the rest of the country into total dependency on the government. And, it functions, just as intended, to destroy old institutions and bring about the transformation Obama wants. As a standard leftist revolutionary, Obama wants to burn it down first. And since it worked so well for Pol Pot and Stalin and Chavez, I expect to be living in a worker's paradise fairly soon. If, by paradise, I mean forced labor, and I do. Hi doc, how many hours of reduced fee service do you still need to do this week? LMFAO
I have high-school aged kids. Just yesterday my son told me he had a conversation with his older brother about Common Core (which is being used in our state, unfortunately) and how dumb it was that no one ever asked the opinion of the kids about what is the best way for them to learn. He thought that older kids who are subjected to experimentation and should be able to tell adults what is and isn't working.
Women: My daughter had a changing set of friends in school. Have you seen "The Women": http://www.imdb.com/title/tt0032143/?ref_=nv_sr_3
I could give you the storyline, but it's essentially "her marriage is in trouble, how can we make it worse".
Fitness of kids: No recess may be part of it.
Op-Eds: Cultists proclaiming their cult.
Ward Churchill: Colleges do that, too.
Putinomics: Works as well as Obamanomics. For the same reasons.