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The highly publicized – first by the White House, now by the media – “Green Movement,” which subsidizes alternative energy while strangling hydrocarbon-based energy, is a near-perfect example of why government is the worst source for making generalized economic policy. First,...
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Eagle Watch
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Eagle Watch
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01-30-2012
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Filed under: politics, economics, history, Congress, business, energy, science, axcess bloggers, conservatism, liberalism, 2012 Elections, Spain, Europe
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We all watch in horror the tragedy of the cruise ship aground off Giglio Island. “Inexcusable!” is the universal cry. “Those reefs are on my chart,” says veteran sailor and FOX News host Geraldo Rivera. Anyone else see President Obama as Captain Schettino, America as the Costa Concordia , and self-absorbed...
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The first “First in the Nation” is now behind us, and all those left standing are now working the second “First in the Nation.” Iowa has played its traditional role of showing the candidates in flannel shirts and coveralls, sitting in diners with small-town folks, talking about...
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Eagle Watch
by
Eagle Watch
on
01-05-2012
Filed under:
Filed under: politics, axcess bloggers, Republicans, 2012 Elections, Rick Perry, Ron Paul, Mitt Romney, Newt Gingrich, Michele Bachmann, Jon Huntsman, Iowa
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We’ve heard much about various politicians’ “Vision of America” – come next November, we’ll find out what the voters see. First, let’s dispense with the discussion about whether or not this election will be a referendum on President Obama. All presidential elections...
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Notre Dame, South Bend, IN - In the coming New Year, 2012, both Groundhog Day and the State of the Union address will occur on the same day. This is an ironic juxtaposition of events. One involves a meaningless ritual in which we look to an insignificant creature of little intelligence for prognostication...
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King Pyrrhus of Epirus defeated the Romans at Heraclea (280BC) and at Asculum (279BC), but at the cost of irreplaceable casualties to his own forces. Upon being congratulated by a cohort, the King replied, “one more such victory would utterly undo me [1] .” I get an inkling of King Pyrrus’s lament as...
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That’s this year’s HopeyChange message from Team Obama. Those Wall Street fat cats, corporate jet owners and oil tycoons have crashed the economy, and they did it by stealing everybody else’s hard-earned home equity and 401(k) values. That’s what our post-partisan, the-only-adult-in-the-room, let’s-lower...
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If the Republicans “drove the country into a ditch,” President Obama shot across the road into another one. It helps to understand the landscape. Going into the 2000 presidential election, according to the Pew Research Center, 35% of voters self-identified themselves as Democrats, 31% as Republicans...
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To get the economy back on track – once the recovery is self-sustaining – will take some sober thought, because as it is, the economy is set to self-destruct. The current norm is geared toward perpetual and ever-increasing deficit spending. First, the capital markets have to be reinforced against a recurrence...
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The history of bubbles is that they inflate until “conventional wisdom” catches up with reality and people realize that the inflated commodity is dangerously overvalued, and the bubble pops. This results in an overreaction, depressing the value of the commodity until it is undervalued, and people get...