Categories
Books

The Wisdom of Crowds

The Wisdom of Crowds is about the aggregation of information in groups, resulting in decisions that are often better than could have been made by any single member of the group. The opening anecdote relates Francis Galton‘s surprise that the crowd at a county fair accurately guessed the weight of an ox when their individual guesses were averaged (the […]

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Government Spending

From the Bankers Who Brought You President Obama Comes NEW PRESIDENT™!

Governor Romney™ has been scientifically proven to increase spending faster than the President Obama™! Obama has only increased government spending a disappointing 5.5% annually over his term.

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Freedom of Speech

World Press (and Pothi) Freedom Index

All censorships exist to prevent anyone from challenging current conceptions and existing institutions. All progress is initiated by challenging current conceptions, and executed by supplanting existing institutions. Consequently, the first condition of progress is the removal of censorship.” ― George Bernard Shaw I generally focus on taking the log out of my own country’s eye before […]

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Economics GDP Government Spending

Get Society Rich Quick: The Ideal Level of Government Spending

It is commonly claimed that government spending is good for the economy, but the statistics show the opposite.  Most recent studies find a negative correlation between total government size and economic growth. Why is economic growth important?  Because wealthier societies are generally happier societies. No matter how good things get for us, we always want more. Human beings want […]

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Terrorism

What Really Causes Terrorism? It’s Not Your Freedom.

95% of suicide terrorist attacks are targeted at occupying foreign militaries. 0% of suicide terrorist attacks have been directed at countries not militarily involved in geopolitical disputes.

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Government Spending

Meet the Backers: Bankers Flip-Flop to Romney

The financial sector primarily backed Romney in 2012 after having supported Obama in 2008.

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Government Spending Podcast

GOP Presidential Candidates’ Budget Plans EXPOSED!!!

GOP Candidate Ron Paul has produced a detailed budget containing over $1 trillion in first-year reductions. Mitt Romney, Rick Santorum, and Newt Gingrich have only indicated that they would attempt to repeal Obamacare saving an average of $20 billion a year.

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Psychology

Are You Reading this of Your Own Free Will?

Patterns of brain ac­ti­vity pre­dict peo­ple’s de­ci­sions up to 10 sec­onds be­fore the peo­ple are aware of them, ac­cord­ing to new re­search that casts fresh doubt on whether we have free will. The ancient debate over free will cen­ters on whether it’s an il­lu­sion to be­lieve our thoughts and de­ci­sions are in­de­pend­ent, since our brains really con­sist of atoms bouncing around ac­cord­ing to their own […]

Categories
Congress

Unrepresentative Democracy – Government by the Millionaires and for the Millionaires

Our representative government is not socioeconomically representative of the governed. These bitches be gettin’ paid! This begs the question, why so little bling on capitol hill? Unrepresentative Democracy Please share your thoughts in the comments section!    

Categories
Military

Fraudulent Defense Contractors Paid $1 Trillion

Bernie Sanders – U.S. Senator for Vermont WASHINGTON, Oct. 20 – Hundreds of defense contractors that defrauded the U.S. military received more than $1.1 trillion in Pentagon contracts during the past decade, according to a Department of Defense report prepared for Sen. Bernie Sanders. Sanders (I-Vt.) called the report “shocking.” He said aggressive steps must […]

Categories
Financial Sector

How the US Monetary System Steals from the Poor and Gives to the Rich

Required viewing for anyone who does not yet understand the complicated mechanism by which the banking system transfers wealth from those at the bottom to those at the top.  

Categories
Debt Economics Federal Reserve Financial Sector Housing Bubble

Housing Bubble Wastes $2 Trillion on 14 Million Empty Houses

Empty houses in the US = 14 million. Median Home Price = $160,000. Money Wasted on Building Unneeded Homes = $2 trillion. Why would Americans be so dumb as to build 14 million houses they didn’t need?  The two primary reasons we built too many houses are: The United States spends more than $100 billion annually to subsidize homeownership.  The mortgage […]

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Taxes

A More Progressive Tax System Makes People Happier

A new study comparing 54 nations found that the more progressive the tax policy is, the happier the citizens are.

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Corporate Welfare

Voters See ‘Corporate Welfare’ Programs As A Good Place To Cut Government Spending

15% of likely U.S. voters think the federal government should continue to provide funding for foreign countries to buy military weapons from U.S. companies. Seventy percent (70%) oppose this funding to promote U.S. arms sales.

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Monkey Business

cos(b) says, “The kids today need to learn their mathematics, ya see!”

Mathematical proof that Bill Cosby is not square:  

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Iraq War

Fun Facts About Iraq!

The Iraq war will end up costing at least $3 trillion. With that much money, you could end world hunger for 100 years or end American hunger for 100 minutes!

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Corporate Welfare Healthcare Podcast

Government Pays Doctors $44,000 to Use an iPad

Now starving doctors will finally be able to afford an iPad thanks to your generous tax contribution!

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Corporate Welfare Government Spending Welfare

Government Spends More on Corporate Welfare Subsidies than Social Welfare Programs

About $59 billion is spent on traditional social welfare programs. $92 billion is spent on corporate subsidies. So, the government spent 50% more on corporate welfare than it did on food stamps and housing assistance in 2006.

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Debt Taxes

Debt Will Swell Under Top GOP Hopefuls’ Tax Plans

The national debt would balloon under tax policies championed by three of the four major Republican candidates for president, according to an independent analysis of tax and spending proposals so far offered by the campaigns. The lone exception is Texas Rep. Ron Paul, who would pair a big reduction in tax rates with even bigger cuts in government services, […]

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Corporate Welfare

What Would Have Happened If We Let AIG Fail?

The average household in America had to shell out around $2000 to make sure that AIG’s counter-parties wouldn’t have to accept the risks they took.

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Corporate Welfare Government Spending

Bailout Costs $16,000 per Worker

A clear examination of the true costs of the bailouts.

Categories
Uncategorized

Obama to cut deficit in half… After quadrupling it.

“Obama plans to slash deficit in half” is the title of this AP story. The attribution of fiscal responsibility to our current president is rather misleading. Here’s a graph from a Wall Street Journal article of the annual federal budget deficits over the last 30 years. Graph Source: http://online.wsj.com/article/SB123457407865686565.html Bush’s worst deficit was less than $500 […]

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Corporate Welfare Economics Financial Sector GDP

Historical Examples Show Government Intervention Only Prolongs Economic Downturns

We’re taxing successful, competently run businesses to subsidize irresponsible, poorly run businesses. Until we realize this simple fact, the previous trend of increased productivity and standards of living will only be a memory.

Categories
Debt GDP Government Spending

The Future of US Government Debt

Those who say “These are extraordinary times. We can’t afford to worry about the national debt now. We’ll be in a better position to deal with that later.” should check out these projections.