All bubbles will burst but debt will remain. People are prone to believing the illusion that the Dow-Jones numbers are a measure of wealth. Were you wealthy when the Dow was over 14,000? Has your wealth vanished? No and no. Your wealth hasn’t changed. Only the illusion that you were wealthy has disappeared.
Pensées
I was a tenured student. - 나를 我
If senators only voted on economic and foreign policy issues when they understood those issues, the vice president would be required to vote to break all of those 0-0 ties. - 나를 我
The problem with the American health care system? It was not designed to heal and to cure. It was designed to make money. - 나를 我
American politics is institutionalized bribery. - 나를 我
Religious beliefs of corporations should not be honored if they miss attending church more than 2 weeks in a row. - 나를 我
I am a psycho-proctologist. I study crazy a$$holes - 나를 我
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This blog is more than 13 years old. I have never marketed nor monetized it.
However, I am creating a podcast and a YouTube channel and Social Security hasn’t kept up with my ambitions.
About This Blog
This enterprise is the product of a one-man think tank noted for its broad spectrum of perspective, from the left of Mao Zedong to the right of Genghis Khan.
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Ignorance isn’t as much fun as they promise.
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The man who does not read good books has no advantage over the man who cannot read them. - Mark Twain
Did he foresee Trump?The Constitution
On Abortion
On Mental Illness
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