[jazusamo]

*PING*
Thomas Sowell

Recent columns
Politics Versus Reality: Part II
Politics Versus Reality
Careless Voters Cast Doubts on U.S. Future

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[updatedscreenname]

>We had no clue, for example, when dawn broke on September >11, 2001, that somebody was going to fly two commercial >airliners into the World Trade Center that day.

Depends on the definition of ‘we’

[Thom Pain]

Does anyone know of a description/mapping that illustrates what happens to a dollar that remains in the economy (someone earns a dollar, spends it on an item/service he deems valuable to his needs/wants coupled with the multiplier effect that comes from the fact that he himself had to have produced an item/service worth more than zero to earn his dollar) vs a dollar that is taken out of the economy via taxes/fees to provide revenue to the gov't. I feel frustrated that I can't credibly explain this to my idiot lib acquaintances. I think it's crucial to be able to document and quantify the differences and blow Keynesian crappola out of the water (hopefully for good).

I'm so disappointed that the GOP seems unable/unwilling to articulate why the conservative policies work. (I was impressed by the videos with the stacks of pennies on the table and the 1/4 cent that was the cuts. Also the video called "Eat the Rich" or something like that.)

[smoothsailing]

Good article by Dr. Sowell (as always!)

I just wish he would have mentioned some of the names of these good foreign investments American money was going into. Come on, Thomas, give me a hint! :)

[DFG]

I finished reading Donald Rumsfeld’s book “Known and Unknown” today. He is very critical of Colin Powell and somewhat critical of Condi Rice.

Rumsfeld’s criticism of John McCain is spot on.
On page 273, McCain is described as “a man with a hair-trigger temper and a propensity to fashion a shift his positions to appeal to the media”.

Rumsfeld’s close relationship with President George W Bush is interesting since there was some animosity between Rumsfeld and Bush Sr for many years before the 2000 campaign.