Politics and Voting

Thomas Sowell on the Degeneration of Democracy

Thomas Sowell discusses the need for informed citizens in his latest column.  Key quote: Put differently, a democracy needs informed citizens if it is to thrive, or ultimately even survive. In our times, American democracy is being dismantled, piece by piece, before our very eyes by the current administration in Washington, and few people seem…

Taxes and Finance

When Government Action Fails

… try more government!  From Preserving Democracy: In the chapter on planning and control, I wrote that the failure of government planning normally results in even more government planning. This pretty much summarizes the current financial problems.  (p. 259) Links News Stories: TARP Panel: Effects of AIG Rescue “Poisonous” Financial Reform Could Whack TARP Banks…