My background is Jewish and I've been brought up in a culture where it's a given that Israel is the good guy. However, for many years I've been convinced that the inevitable course and agenda of Israel politics is to absorb all Palestine land into the Israel nation. Any excuse, and even creating excuses, for taking more is pursued. http://sabbah.biz/mt/archives/2006/05/10/the-shrinking-map-of-palestine/ graphically shows the process of Palestine disappearing.
He promotes a free market economy and when asked about who should be responsible for regulating this free market he said Congress. I'm used to thinking of the Fed as the bad guy, but these simple comments made me think that the Fed may really be a scapegoat for a Congress which has abdicated its responsibility to make the hard choices to preserve our freedom. And the Congress may be a scapegoat for us not taking responsibility for our own destiny.
It's tough to take responsibility. I want things to just be taken care of without having to do anything, for there not to be mistakes or disasters, and when there is a problem, not to be blamed. However, things never get done this way. Somewhere, someone has to make it happen and by taking that responsibility be open to criticism and blame from others on what they have done. I think the key is that taking responsibility and taking action is fundamentally good for the individual and society and to have a thick skin to criticism.
As I’m following current events unfold at home in the evening, I’m thrilled at the education I’m joyfully receiving in history, economics, and politics. I had rare tastes of this in High School and was largely oblivious after as I focused on Physics in University.
I read the words and watch the speeches of the politicians and analysts recorded that very day. I try to understand the theories of economics and business cycles by reading online at the Mises Institute some of the original works that led to the various schools of economics thought; Keynesian, Monetarism, and Austrian. I stumble upon a fascinating book “The New Deal in Old Rome” writing in 1947, subtitled “How Government in the Ancient World Tried to Deal with Modern Problems” that energizes my enthusiasm for discerning universal principles and themes underlying society through the ages. I quickly and easily move large amounts of money between vastly different investment types. I have the ability to buy almost anything from anywhere in the world and have it show up on my doorstep.
Other than the human mind, heart, will and spirit, I think the Internet is probably the most powerful force available for individual Life, Liberty and the pursuit of Happiness.
I'm seriously considering writing in Ron Paul for President. In the babble of words about our economy, he's one politician who seems to me to make common sense based on a profound grounding in the history and science of economics.
Read and watch Ron Paul's answer to the President.
From what I understand from people that make sense, it's simply our government creating too much money out of thin air. This may be the tip of an iceberg. I'm listening to Paulson and nothing
he says about the "root of the problem" makes sense to me. Housing correction my butt! Where did the credit come from that allowed these financial institutions to take on such huge debt ratios? Answer: the fed. What's the underlying debt ratio behind these early symptoms? Answer: the dollar is in big trouble because the fed has been sweeping problems under the rug for a long time by printing more and more money. The cause, pure and simple greed.
Here's an inspiring article suggesting that all this turmoil and collapse is in the wider view a very good thing: http://mises.org/story/3109