The housing bubble…and how to fix it.

3 Feb

Since 1993 the United States has been the victim of a housing bubble fueled by cheap interest rates and laws which mandated sub-prime loans.  The result of this government intervention into the housing market was predictable: A huge overhang of housing construction which could not be afforded and which is now depressing housing markets across [...]


23 Jan

My name is Chris Pedersen, and I’m running for President of the United States.  (Seriously: A year ago, President Obama said that he would raise a billion dollars. And I couldn’t help thinking – doesn’t he realize how much money that is? And it became my conviction that we stood on the threshold of a [...]

and that government of the people, by the people, for the people shall not perish from the earth.

19 Jan

“But, in a larger sense, we can not dedicate — we can not consecrate — we can not hallow — this ground. The brave men, living and dead, who struggled here, have consecrated it, far above our poor power to add or detract. The world will little note, nor long remember what we say here, [...]

NASA is obsolescent.

11 Jan

The US lost human spaceflight launch capability upon retirement of the Space Shuttle on July 21, 2011. But really, the Wikipedia is totallywrong. The United States has been to the moon 277 times this year alone! You see, the deficit (yes, the same deficit that led Barak Obama to cancel our manned space missions) [...]

Brilliant Analysis

22 Nov

From Neil Reynolds, the Globe and Mail, “An argument for new pipelines” … Judging by Mr. Obama’s call on Keystone XL, and kindred energy calls, the great age of capitalist accomplishment in the New World appears to be coming to a close. Exhausted by political gridlock, bureaucratic regulation and progressive populism (which gives everyone a [...]

Why I’m not against all tax increases…

21 Nov

Making mortgage interest tax deductible made home ownership more affordable, and encouraged people to invest in one of the best ways to build wealth- owning a home. The wealthy do not need encouragement to either own a home or a business – it is almost de-rigeur. And yet our policy of subsidizing home ownership persists. [...]


21 Nov

If you listened to media sources, you might be tempted to think that small heroic environmental groups had won an upstart victory to protect pristine wilderness, and the Ogallala aquifer. In the vein that a picture is worth a thousand words, I present Pipelines in the Ogallala aquifer, as presented in the Ottawa Citizen. Ogallala_Aquifer_Map [...]

A sensible energy policy.

22 Oct

Quick: Who has cut more carbon emissions over the last three years: the United States – or Europe? If you answered Europe, you are …. WRONG. More on that in a moment. In 2009, President Obama hailed Spain as one of the leaders on renewable energy, and in fact, the country had one of the [...]

You are being played….

11 Oct

What would you say if I told you:   That two major American banks had issued billions of dollars in loans to the disadvantaged knowing that the borrowers had no way of paying these loans back? Ho-hum, business as usual,  right? That the Federal Government bailed out these banks to the tune of 190 BILLION [...]

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