Economy
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Corporations are not People
Corporations are not people, yet our courts think they are. Unlike people, corporations have no sense of shame. Unlike people, corporations have no natural limited lifespan. Unlike people, corporations are rarely given a jail sentence. When a corporation commits gross malfeasance the corporation is almost always permitted to pay a fine. The corporation is almost…
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The Money You Make
Suppose we pay pediatricians $5 million for every appendicitis they pick up and send to a surgeon. Suppose we pay surgeons $10 million for taking the appendix out. What do you think of that? Does this seem reasonable? Can’t we justify this because a life has been saved? I’m willing to bet that you are…
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The Threat to Democracy
I was watching SKY News a few minutes ago as a member of the American Swamp was registering his concerns about what he perceives as Trump’s threat to democracy. The guest speaker was a former member of the Bush administration. The threat to democracy to which he referred is a code phrase for threat to…
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Is Trump a Fake
Is Trump for real, or is he a fraud? I voted for the guy, but what has he really done? Has he fixed healthcare? My premiums are still going up; how about yours? Has he locked Hillary up? Remember the refrain, “Lock her up!” Has he gone after Hillary? If Jeff Sessions won’t, why doesn’t…
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Iran and You
So why is the US really messing around with Iran? In a word, control. By controlling Iran, which contains a huge percentage of the world’s oil reserves, at least for now, the US can control the economy of every nation on the planet. The problem for the US is that Russia, China, India and every…
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Why Doesn’t Free Trade Work
Everybody talks about free trade, but no one talks about why it doesn’t work. It doesn’t work because its real name is free greed or free exploitation. Free trade didn’t work a thousand years ago, or five thousand years ago; and it doesn’t work today. It doesn’t work because free trade taken to its absurd…
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The Phony Cost of Healthcare
Lets add up the phony cost of healthcare. We’ll begin with the MRI. Let’s assume the highest cost possible. A new MRI cost 1.5 million. Let’s add in $500,000 in repair costs over 10 years. Now, let’s add in the tech cost for running the MRI. Three techs at 50,000 per annum x 10 years…
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French Fries and the Wharton School: The Story of Empire
I like watching YouTube videos about how things are made. My restless mind is soothed by watching hi-tech machines churn out billions of french fries. I especially love the part where a computer-guided air gun blows imperfect fries off the line at jet speeds. How can any small-timer compete, I ask myself. This is it,…
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Fixing Camden
Camden apparently is lost. Chris Hedges, an author on American values, has given up on it. No industry exists in Camden except crime and drug consumption. The people are there, but hope is gone. Fortunately we don’t need hope. We don’t need positive thinking either, or slogans, or “We Care” buttons. What’s needed in Camden…
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The Beauty of Globalism
Why doesn’t globalism work, and why do globalists not desire a unified world? Globalism as currently envisioned by the corporatists does not work because it is inefficient and exploitative. An efficient economy would within reason manufacture 80% of a nation’s goods there in that country. An efficient economy provides the maximum meaningful productivity for its…