Obama Economic Recovery Still Underwater

by Bob Adelmann | 11:06 am, March 22, 2012

I’ve been accused of being a little too tough on those making decisions that have resulted in the decline of America. My case is that they know what they are doing, rather than trying and failing by making mistakes and errors in judgment. If they truly were just making mistakes they would make one in our favor once in a while.

Is Ryan’s Budget Plan Headed in the Right Direction?

by Bob Adelmann | 4:56 am, March 21, 2012

History is a guide only for those who know it. Progressives, I’m persuaded, know it but ignore it and therefore are without excuse. Cutting taxes always increases freedom and has a nice side benefit: increasing revenues to the government without raising tax brackets. Not that the prime purpose of stimulating the economy is for the government to reap more revenues, you understand!

Roger Stone, Former Nixon Hit Man, Now a Libertarian

by Bob Adelmann | 10:43 am, March 19, 2012

What a devious, cunning, shrewd manipulator Stone was. But his explanation of why he left the Republican Party in favor of the Libertarian Party is too good to miss.

The Illinois Plan to Fix Its Budget Woes: Deny Reality

by Bob Adelmann | 5:43 am, March 10, 2012

Illinois is either fantasyland or totally corrupt. I lean towards the latter. Reality doesn’t seem to intrude upon the dream or disturb the politicos in the slightest.

Unemployment Up in February, Obama Reelection Chances Down

by Bob Adelmann | 12:55 pm, February 22, 2012

February is a long way from November.

Obamanomics, the State of the Union, and Reality

by Bob Adelmann | 5:16 am, February 20, 2012

Obama is running for reelection and anything – anything – that makes him looks good he’ll use to make his case. Even if the facts are different.

Eurozone Recession Accelerates; Moody’s Piles On

by Bob Adelmann | 5:14 am, February 18, 2012

No one should be surprised. When a heroin addict has his supply cut off he goes into withdrawal. In economics that withdrawal, in a paper or digit money environment, aided by fractional reserve banking which amplifies the “hit” through “high-powered money,” is called recession. If the addict is sufficiently addicted, the withdrawal is called a depression. That’s the lesson for today in Europe.

Printing Money Doesn’t Work in Britain Either

by Bob Adelmann | 5:17 am, February 8, 2012

Of course not! Why would anyone conclude that errors are geographical? Errors are errors and attempts to reinflate the British economy using the same hot air compressors that we use here aren’t going to work any better over there than they have here.

Oklahoma’s Constitutional Amendment Would Pit Taxpayers Against Unions

by Bob Adelmann | 12:13 pm, February 7, 2012

It takes courage to stand up against the onslaught. I hope this young man from Oklahoma knows what’s coming and is ready for it.

CBO Report: U.S. Deficits “Unsupportable”

by Bob Adelmann | 12:44 pm, February 3, 2012

The Congressional Budget Office has been accused of fudging the numbers. However, these numbers are so bad they don’t can’t be fudged.

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