Georgia “very close” to war with Russia

This news isn’t being thrown around in the main stream so I think it is necessary to put it out to folks.
Reuters
BRUSSELS (Reuters) - Russia’s deployment of extra troops in the breakaway Georgian region of Abkhazia has brought the prospect of war “very close”, a minister of ex-Soviet Georgia said on Tuesday.
Separately, in comments certain [...]

Code Pink: The Witchcraft Organization

As most of you know, I am generally against the war in Iraq. I favor protests against the United States’s foreign policy, and agree with Representative Ron Paul on how foreign policy should be conducted. I do not, however, condone Code Pink. They are, in my view, a whacky organization not bent on remembering the [...]

Why $120 oil is not good

Steve Hargreaves at CNN Money thinks that $120 oil is good because it will force us to start looking at alternative energy. If this were a normal market without government intervention, that would be the case. However, since governments have legalized cartels like OPEC, supply and demand does not work correctly in the oil market–government [...]

Leggo My Eggo! Or, Dude, Where’s the Food?

Food riots in Haiti have caused the ouster of the sitting Prime Minister there, and if Somalia had a functioning government it, too, would be be in collapse. We are told it is the price of oil, the diversion of corn supplies from the food-chain into ethanol production, and restrictions on exports that are [...]

The Dynamic Quartet

(Photo: Larry Downing / Reuters / MSNBC)
A picture is worth a thousand words.

Junk Economics and the Price of Oil

Somehow I never thought of this (From the Angry Economist):
First is that there are sources of huge amounts of oil which are not profitable to extract when the Saudis are dumping oil. Second is that nobody is going to invest in these oil sources unless it looks like they can successfully sell their oil. [...]

Pax Americana and the Fall of Rome

I just finished reading the Newsweek article that was touted everywhere as something special: “The Post-American World“. It is a good article that really shows how capitalism has advanced in other countries while we in the United States have been holding ourselves back–now other countries are beginning to catch up. Not all, but many, and [...]

Non-American ‘Average’ that’s not so Average

After the descriptions of ‘the real struggles of the Average American’ and the not-so-average American, it’s time to end the trilogy by bringing into consideration on ‘non-American averages’ 
Here are three real stories of pretty average non-Americans, though unusual in that they start out somewhat below-average and move to somewhat above average.  Through them, hopefully one will learn [...]

Thoughts on Iron Man

(Slight spoilers)
The Iron Man movie’s underlying story is political–mainly about the Afghanistan operations and character Tony Stark’s company’s involvement in selling arms to both sides of the conflict. Americans and terrorists are both shooting each other with Stark Enterprise weapons.
Iron Man becomes a movie about some sort of moral sense to Tony Stark that his [...]

Ron Paul’s Book Officially Released

Ron Paul’s book, The Revolution: A Manifesto is officially out today. Pick up a copy if you’re interested in seeing the reasoning behind his (and my) belief in peace, prosperity, capitalism, and small government.

Oil to go to $200\barrel - How high will it go?

Oil has more than doubled in oil prices in the past couple of years–it would take less than another doubling to bring it around to $200 a barrel like some people report that it will.
Truckers are protesting in front of the Capitol, people are outraged at high gas prices, but none of that will change [...]

The Slowness of Politics

This time of year is usually “down-time” for politics. Things get boring as people prepare for the ‘good news’ that starts during May and June. Right now is a really bad time, and I’ve gotten tired of it. The Hillary-Barack race has gone on far too long, leading to hatred on both sides. Republicans are [...]