By Jim O’Neill Full Story
“By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens…and while the process impoverishes many, it actually enriches some…. The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million can diagnose.” —John Maynard Keynes (1883-1946) From “Economic Consequences of the Peace” 1920
“I have always harbored an exaggerated view of my self-importance. To put it bluntly, I fancied myself as some kind of god or an economic reformer like Keynes….”—George Soros from “The Alchemy of Finance” 1987
The change that matters most comes from a schoolboy
By Judi McLeod Full Story
The sincere tears of a patriotic child on Monday, November 15, 2010 eclipsed most of the politics-as-usual morning news. On an average but no longer not-so-ordinary school day, the news from Denair, Stanislaus County, Ca, eclipsed even the recent hurtful comments of a president about his own country. And totally eclipsed those unkind cuts against America on the president’s second day back from a mega-million-dollar Asian trip.
A schoolboy made manifest American’s growing unease with the anti-American style coming from the White House, moving the punishment of schoolboy patriotism up to the front burner.
Cable Liberals Face a Crisis of Definition
By Daniel Greenfield Full Story
Olbermann’s suspension mini-drama was a direct product of the 2010 election which has made cable liberals wonder about their place in the bigger picture. Olbermann had found his place on MSNBC as in the run-up to the War in Iraq liberals felt increasingly emboldened to attack the Bush Administration. And the touchy sports anchor used it as an opportunity to reinvent himself as a cartoon of Edward R. Murrow, that has more than a little in common with Stephen Colbert’s performance, and channel liberal anger toward the Bush Administration.
Global Warming Loses Public Interest and Scientific Confidence
By John O’Sullivan Full Story
Despite greater scientific doubt and falling public interest the mainstream media is still avidly trumpeting the doomsaying clamor to bored viewers.
Australia’s ABC is the latest mainstream media outlet accused of failing to be objective in how it presents key environmental issues. ABC’s “favorite psychologist” Stephan Lewandowsky now claims man-made global warming is as real as the theory of gravity.