I have a question. People who make $200,000 a year (or actually $150,000 a year, as Obama’s plan unfolds) are supposed to not care about tax increases — and, in fact, suck them up without a complaint. But the people … Continue reading
Doing what you say you’re going to do always matters. There are times when people generally mean what they say; and there are times when they generally don’t. (We live in the latter). But either way, it matters. People can … Continue reading
In order to function in reality, I need to think. I think so that I can survive, flourish and live in the fullest sense of the term. In order to think, I demand freedom. Freedom entitles me to nothing, other … Continue reading
Colin Powell’s endorsement of Obama for President can be explained by only one of two factors. Either he’s making a decision based on race; or he never believed what he claimed to believe while in high government positions over the … Continue reading
Obama’s philosophy of wealth creation should be called “trickle up” economics. He believes, and states over and over again, that the worker — and the middle class employee — is the central unit of economic activity. Karl Marx had a … Continue reading
Which to choose–McCain or Obama? The choice is between a man who does not deserve to be President, and a man who will be intolerable as President. That being said, the winner of the title Commander-in-Chief is patently obvious. It … Continue reading
Sen. Tom Coburn: “The root of the problem is political greed in Congress. Members … from both parties wanted short-term political credit for promoting homeownership even though they were putting our entire economy at risk by encouraging people to buy … Continue reading
“The financial crisis is not the crisis of capitalism. It is the crisis of a system that has distanced itself from the most fundamental values of capitalism, which betrayed the spirit of capitalism.” — French president Nicolas Sarkozy This from … Continue reading
A reader writes DrHurd.com: Thank you for your unique perspectives on the current economic meltdown. I agree with you. Tell me, are people like us a minority of thinkers, or is there a majority of silent people? Dr. Hurd’s reply: … Continue reading
Does talking help? Sometimes yes, sometimes no. Sometimes, talking is worrying. Worrying accomplishes nothing, although it raises blood pressure and tension. Sometimes talking is: planning; thinking; developing a rational, or more positive, perspective. Talking in and of itself is neither … Continue reading
John McCain is such a horrendous “defender” of capitalism that one can only conclude he sees no purpose in defending it. This is a man with absolutely NO systemic understanding of anything economic. As awful and as socialist as Obama … Continue reading
“Still, the bank bill with its huge bailout does suggest that the $29 billion bailout of the bondholders of Bear Stearns in March was a mistake. It seemed to have a moral-hazard effect by encouraging Lehman Brothers and other investment … Continue reading