Dead Fly Pics - Funny Stuff

This guy had some time on his hands... link

That's called a "budget cut"?

There are much more pressing issues having to do with the Obama presidency, but this video was so effective that i felt compelled to post it. It deals with having perspective on the federal budget, and how the cuts Obama announced relate to it.



Take a moment to think about how we get treated by politicians.

Have the police EVER helped you?

I can't think of an instance where I was grateful for a police officer's "service."
I have, however been harassed on multiple occasions, but never as bad as this (border patrol/police)






I'm not sure either side was in the right, but the first video surely inclines me to agree with the pastor.

Why the Meltdown Should Have Surprised No One

Listen to Peter Schiff's presentation to a Mises Institute conference for an hour of clarity; it's both educational and entertaining.

On the economy...

I'll break the silence. :-)
Spring break starts now, so I have a chance to post.

So I think this guy is just using his opinions on the economy as an attention-grabber. After 7:00, he takes an odd shift in topic toward biotech and robots. Regardless, when I heard the first part, I was impressed.

I highly recommend you watch the first 7 minutes. Here's the link and it's embedded below.



You might also notice that the blog is wider now. It looks nice on my widescreen, high-res monitor, but if it's a pain for you, let me know and I'll switch it back.

Jello bot 2

Remember the little drummer bot posted before?
I think I found its cousin.

(4 min, but gets less interesting as it goes on. So feel free to stop when you've seen enough)

Peter Schiff was right, right, right.

Seemingly everyone else was wrong, wrong, wrong.



They just laughed at him, even mocked him. Who's laughing now?

Despite appearances, Peter Schiff is no clairvoyant- he was only applying the principles of the Austrian school of economic thought. In one interview, he said,

I was introduced to the Austrian school early on by my father. According to my dad saying Austrian economics makes as much sense as saying Chinese physics. Austrian economics is economics, period!

Although the Austrian school isn't reknown, it has been around for some time. Austrians like Schiff predicted the Great Depression, for example. Friedrich Hayek wrote in the February 1929 edition of the Austrian Institute of Economic Research Report, "the boom will collapse within the next few months." The stock market crashed in October, but we can forgive him for being a few months eager. Much like Schiff, Hayek saw serious imbalances and knew that the "Roaring Twenties", made possible by the loose monetary policies of the Fed, were simply unsustainable.

This is surprising to many, because we are told that economists failed to predict the crash. Well, many did fail to see it- Keynes, for example. And yet it is Keynes' policies we largely adhere to today- not those of the dissenting Austrian school who are repeatedly proven correct in their assessments.

Unfortunately, that's bad news for everyone. Without the correct diagnosis, there is little chance for an effective remedy.