Michael E. Fournier MBA

Archive for the ‘Politics and economics’ Category

Founding Fathers Understood Democracy’s Spending Curse

In Politics and economics, Richard Rahn on August 5, 2011 at 4:06 pm

Richard Rahn discusses how the founding fathers, unlike the present inhabitants in Washington, understood how spending by a federal government could spend uncontrollably, which explains why they created the type of government they did.

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Good historical piece on the US debt crisis

In Politics and economics on July 30, 2011 at 7:11 am

From Canada no less, this is not the first time the US has defaulted on its debt.  A good discussion from a historical perspective.

Dodd-Frank anniversary highlights dangers of socializing risk

In Politics and economics on July 30, 2011 at 6:34 am

On the anniversary of the Dodd-Frank bill, we have to look back at what that mega-monstrosity accomplished beyond creating a whole new bureaucracy, if anything.  The answer is very little.  The bill was passed in response to a crisis in the markets, when the ones creating the bill were the ones responsible for the crisis, and they have not gone to jail, but they created this new burden on the American taxpayer.

Entrenched Libs

In Milton Friedman, Politics and economics on July 24, 2011 at 6:32 pm

I bring up this only because I am amazed at the extent to which liberals will go to defend economic policies that dont work and viciously attack things that do work.  In the Huffington Post, Mary Bottari writes ALEC Exposed: Milton Friedman’s Little Shop of Horrors, in which she savages Milton Friedman and ALEC.  If still alive, Friedman with his masterful wit would have taken her argument apart.  Desperately clinging to their failed policies and President, they are trying to take us all down with them.

In a related article in the American Thinker, James Lewis write the article Demonizing Milton Friedman, in which he discusses the Naomi Klein article and the left’s incessant denigration of the great man.

Cantor’s plan Decoded

In Larry Kudlow, Politics and economics on July 24, 2011 at 7:38 am

Over at Political Hemmoroid, they present a quick analysis of the debt ceiling suggestions made by Eric Cantor.  Including some insightful comments be Larry Kudlow.  A good read.

Stephen Moore, July 25th Economics Club Featured Speaker

In Politics and economics, Stephen Moore on July 24, 2011 at 7:15 am

The WSJ’s Stephen Moore and Presidential Candidate Rick Santorum will be the Guest Speakers at the Economics Club at West Liberty University, July 25th.  Stephen Moore is one of the leading voices out there for free market capitalism and we urge attending if you live in the area.

Beached Capitalists

In Politics and economics on July 17, 2011 at 7:09 pm

At Townhall.com, Paul Jacob discusses Michelle Bachmann’s confession to be reading Von Mises.  Was this a political ploy or an admission?

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