Feds Have Economy on Life Support
Our faith is weakening. That is, our faith that the government will be able to cause inflation, sooner or later. Let’s review our own narrative: deflation now, inflation later. It’s very simple. Maybe too simple. After a half a century of credit expansion, we now have a credit contraction. In this sense, everything is happening as it should. There was a crash and credit crunch at the end of last year. Then, the feds panicked. They fought back with monetary and fiscal stimulus. Rates were
AEI’s Ornstein: Hhmm… 2010 Starting to Look Like 1994
It’s cute nowadays to get into debates with Democrats about the supposedly helpless and directionless Republican party. They really think their party is doing just fine. They think that because their fans in the press write hopefully about ‘green shoots,’ the economy isn’t going to crash under the weight of unsustainable debt. They think that because Barack Obama polls well on his handling of foreign policy, it doesn’t matter that Hugo Chavez is arming rebels to topple regimes friendly to the
MMA star Charles Lewis dies in Ferrari crash in California
He was a former lawman who called himself “Mask” and advocated a hold-nothing-back lifestyle that helped transform mixed martial arts fighting into a craze and turned his own fighting apparel company into a multimillion-dollar business.
Crash of speeding Ferrari kills MMA figure Charles Lewis
He was a former lawman who called himself “Mask” and advocated a hold-nothing-back lifestyle that helped transform MMA fighting into a craze and turned his own fighting apparel company into a multimillion-dollar business. Before dawn Wednesday in Newport Beach, Charles Lewis was killed when his Ferrari collided with a white Porsche.
Winter Storm Potpourri
Winter Storm ‘09 hit with a vengeance and I wasn’t ready. Wal-Mart is packed as soon as they call for a half an inch of snow around here, so I really didn’t grasp that we were headed for a disaster. I figured it was business as usual and people were just being silly. Plus, I always have food in my house and lots of it. I love to cook and I keep a well-stocked fridge, freezer, deep freezer, and pantry. So, I wasn’t worried. Was I ever surprised when I woke to a crash and the feeling that my who
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