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.
While Bird Dog and News Junkie are off on their vacations, I've been trying to help fill their role in news and fun tidbits of the day. It's hard work! They deserve a vacation. Meanwhile, if you have any suggestions for the "Bruce's Two-Bits" I've been doing, please comment. (Warning: Anyone who suggests I keep doing it after either returns will wake up to a horse's head in their bed.)
I'd like to read more about:
Bastiat and his views with regard to current trends in government financing (particularly CfC, which is a perfect example of the "fallacy of the broken window")
How the Fed is hoodwinking us with its reflationary policies. It's evident they wish to cause inflation to devalue debt. But the reality is inflation imparts more damage on the poor than the wealthy, but deflation offers more value to the poor than the wealthy - it's the economy's way of recalibrating itself from the excess of a bubble. That's why the ruling elite tell us deflation is "more damaging" than inflation. Nothing is further from the truth.
You already sound quite informed about Bastiat and economics. I must admit, I haven't read Bastiat in well over 40-years, but I do recall being very impressed. As life has gone by, and I've had more real life experiences, I've become less philosophic, and less doctrinairre, so I tend to concentrate on specifics and practicalities as I know them. Still, I'm very much a free markets type, as expressed in almost all my writings. -- And, I do have to chuckle a bit, as I find that when I have done heavier economics writings it leaves most readers blank-eyed.
Thanks Bruce. Actually, I have a Master's of Economics from (shudder...LOL) the New School for Social Research. I believe in learning what the enemy believes, and working from their views back.
Bastiat, interestingly, is accepted as genius by the left and the right. But is widely ignored by the left because he moves beyond "the basics" as they view them - which are defined by Marx.
Bastiat "set the rules" of economics as a worldly philosophy.
Along the lines of the Fed - try visiting Zero Hedge (if you don't already). Alot of the stuff there is, as you say, blank-eyed stuff. But there is MUCH that will get you interested in what is really going on at the Fed and the Treasury. It's become a game to achieve power for those at the top.
You do great work with the specifics - but few of us understand the specifics of the Fed. That it's a private, not public, institution. That it operates "above the law", outside the SEC. That it is opaque in its bookkeeping.
The Fed has become THE TOOL for Obama, and Obama knows it. Bernanke, sadly, has moved from policy maker to policy monkey - to keep his job, he is doing something he knows is dangerous.
You have done an outstanding job on the news. The eclectic combinations are perfect. My only suggestion is to give yourself a break and make them a little shorter. August is the slowest month on the web, and your posts are not getting the attention they deserve. Also, sometimes when there is so much good stuff, it's hard to pick and easier to just read rather than comment. I've noticed a lot of times the single-post will garner a ton of comments. When the blog moves fast, people tend not to comment because there's no chance for lengthy discussion. At any rate, you have done Maggie's hosts proud with your great illustrations and comprehensive work.
'horse's head'... ha ha. No, it'll be a computer. :)
So do I! I prefer my voyeur side to my wonkish side.
I'd really rather just be writing my essays on occasion than this, and leave the rest to others who do it better, like Bird Dog and News Junkie; Please come home soon and safe.