SODOM & GOMORRAH: Federal Reserve Chairman Ben Bernanke held a rare public forum in front of military families. In his remarks, he defended the insane policies that have prolonged our economic misery. Mr. Bernanke said that policy makers are "intently" focused on job creation. This should strike fear into the heart of every decent person. When the government focused … [Read more...]
Archives for November 2011
Berlusconi’s Resignation Won’t Change Anything
SODOM & GOMORRAH: We in America (who pay attention to such things) are baffled and horrified by the impending collapse of the Euro. It's like watching one of your friends get beaten up in school, knowing that you'd be next. Italian Prime Minister Silvio Berlusconi is perhaps an idiot. The Economist has called for his resignation or electoral defeat for years; they have … [Read more...]
Progress is Dying
SODOM & GOMORRAH: Material and technical progress, the last legitimate refuge for the modern progressive mind, has now been called into question. In the 18th century, we were promised moral progress. The intellectuals of the age promised us that we were rising above the savagery and violence of our primitive past and moving toward a bright future where even the basest of … [Read more...]
Bo Xilai’s China
SODOM & GOMORRAH: Bo Xilai, a rising star in Chinese politics, has the best chance of defeating corruption in China. Bo Xilai is the Chongqing Committee Secretary, the essential governor of that province. Between 2004 and 2007 he was the Chinese Minister of Commerce. It's expected that Bo Xilai will be tapped for a high (perhaps the highest) position in Chinese national … [Read more...]