Tuesday, November 25, 2008

"Too Big To Fail ": Not True

When a politician says ," It's too big to fail", what he means is ," My part in the scheme of central planning has turned up another losing result that if allowed to fail will cost me and my fellow politicians our jobs. ". Like the communists, socialists and aristocracies of ancient history the U.S. has become a costly central planning nightmare.

" It's too big to fail" also means we are too lazy or too dumb to change. " Too big too fail" also means that money is the ultimate goal. And so today the Federal Reserve announced an additional $800 billion bailout and government guarentees . This is targeted to backing credit cards, student loans and toxic mortgage purchases. And how will the government pay for all this? The printing press will be smoking.

It's not that easy. The outcome will be a falling dollar and at some point hyperinflation will come around. The foreign buyers of our debt are already looking elsewhere.

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Tuesday, January 09, 2007

Progressives In San Francisco?

What's a progressive by San Francisco standards? The new president of S.F.'s Board of Education is called a progressive. He is Mark Sanchez. Mr. Sanchez is a homaosexual, latino, socialist mix who favors more African-American remedial help. He also favors a proactive homosexual orientation for any children that are toying with the ideas of an alternative lifestyle. This is progressive? It's more like a virulent distillation of failed mutant parts of the Civil Rights Acts that we all have suffered through these past 40 plus years.

What does S.F. need to do to be called truly progressive? How about not dragging down the general school population to the level and advancement of chronic laggards in the classrooms, no matter what race. Those underacheivers should be segregated among their peers. Also homosexual orientation and counseling is more appropiately administered by health care workers. They can better inform and guide juvenile minds about the serious health issues associated with that life choice.

Now that would be progressive.

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