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Aug 9 10

Vicente Fox on the Drug Wars

by Gormack

In a recent interview Vicente Fox was asked “Do you think the United States is causing Mexico’s crime wave?”

His reply: “Absolutely, yes.”

We provide the Markets that channel untold billions south into the hands of criminals.

We provide weapons the cartels use against each other, the police, the government.

The destabilization of Mexican society is a direct result of U.S. moral turpitude.

Is it our fault? Hell yes, it’s our fault!

Jul 25 10

Shovel Ready

by Gormack

http://editorialcartoonists.com/cartoon/display.cfm/88423/

Jul 18 10

Fed Monetary Policy

by Gormack

“There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved.”

Ludwig von Mises

Jul 16 10

Goldman Sachs

by Gormack

In the settlement announced yesterday between Goldman Sachs and the SEC, Goldman acknowledged that they provided investors with “Incomplete Marketing Information”.

For monstrous fraud whereby this company looted untold billions from foundations, municipalities, pension funds, and individual investors, Goldman Sachs is owning up to “Incomplete Marketing Information”.

No perpetrator of a crime that dwarfs all the armed robberies ever committed will ever face justice – and they will keep the stolen money!

“The Osgood File” had a good editorial on the settlement:

http://www.westwoodone.com/pg/jsp/osgood/transcript.jsp?pid=30095

Jul 16 10

Now If We Could Only Plug The Big Leak

by Gormack

Jul 2 10

Lee Iacocca

by Gormack

 Am I the only guy in this country who’s fed up with what’s happening?

 Where the hell is our outrage? We should be screaming bloody murder! We’ve got a gang of clueless bozos steering our ship of state right over a cliff, we’ve got corporate gangsters stealing us blind, and we can’t even clean up after a hurricane, much less build a hybrid car. But instead of getting mad, everyone sits around and nods their heads when the politicians say, “Stay the course.”

 Stay the course? You’ve got to be kidding. This is America , not the damned,’Titanic’.

 I’ll give you a sound bite: Throw the bums out!

Lee Iacocca in “Where Have All The Leaders Gone?”   Scribner, 2008

Jun 29 10

Prince of Fools

by Gormack

“The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president.”

“The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America . Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince.”

The Republic can survive a Barack Obama, who is, after all, merely a fool.

It is less likely to survive a multitude of fools such as those who made him their president.”

From the Czech newspaper Prager Zeitung, 28 April, 2010.

May 12 10

Spin

by Gormack

I love the spin on the newest Supreme Court nominee: A total lack of experience leaves her unencumbered.

But she still has that intrusive educational background to impede her open mindedness! Why not a truck driver, or a wet nurse?

Come to think of it, this observation applies equally well to the Community Organizer who is in the top slot.

May 6 10

Pedro

by Gormack

The elm tree had grown so much that the squirrels, formerly baffled by the baffle, could now fly from the branches to land on the feeder to gorge and sun themselves one by one while the birds,  perched in trees all around, squawked impatiently.

 Eventually I moved the feeder. The squirrels, showing not the least sign of appreciation for months of plenty, were furious. Pedro, the leader, tried to find a new way. He tried the branches, the bushes, the retaining wall. He even climbed up inside the baffle and bumped it up and down noisily with his head.

 Finally he gave up and came onto the patio to face the house and his former benefactors. He raised up on his haunches and screamed a long and angry squirrel scream, then stomped away.

 It occurred to me that Pedro most certainly would be an Obama supporter.

May 6 10

Greece

by Gormack

The Greek situation will not improve. In fact I it will get much worse.

It’s human nature that handouts become god given rights. People agnrily refuse to give them up regardless of consequences.

Chaos in Athens; austerity triggers strikes; unrest boils over into riots! The very viability of the Euro is threatened.

This adminstration charges ahead in the pattern of European Socialism. How far behind can we be?