SCO delisted from NASDAQ
All linux supporters should be quite enthralled with this news. SCO is of course the company (with Microsoft funding) that first claimed ownership over many parts of the open source operating system, but famously refused to indicate exactly which parts. They recently declared chapter 11 bankruptcy, and as a result will be removed from the NASDAQ exchange effective Dec 27. Read the news release here, read about their history here. Change the World
Ron Paul’s speech is after the introduction. Please watch this and tell me if you can imagine any other candidate speaking the truth with such clarity. A candidacy like this comes along once in a generation. This is the last chance to save America from bankruptcy. Please pass this along to more people. I’m very serious about this. Ron Paul is the only one worthy of a vote. Worst. President. Ever.
Seven years of flaming Bush… not one useful law. As we begin the annual process of reviewing the year that was and preparing for the year that begins, I thought it would be painfully interesting to re-live the past 7 years of Bush. Keep your spirits up, just one more to go… hopefully. CNBC Marc Faber interview
Here is a somewhat dated but still relevant interview with everybody’s favorite bear. The Great Libertarian Dilemma
In the end, every argument descends to this fundamental philosophical question — Is it more important not to obstruct the best of us, or to help the worst of us even we fail. I don’t believe these two options are mutually exclusive, but at the core of every political disagreement I have ever had is this question, and it is simply a matter of priority. The great dilemma is how to win this argument. The Bank Bubble
Financial institutions are supposed to help connect people who need capital with those who have excess capital for the purpose of generating economic activity. Banks don’t create wealth, they don’t produce anything of value to the world. They are middlemen, and when they take too large a piece of the pie the system fails because those who actually work and produce are not being properly compensated for their labor. Our bubble is not in real estate, it’s in banking. “The issue is not whether public schools are good or bad, but rather whether I am allowed to disagree with you without getting shot.â€
Never forget, simply claiming a problem exists is never a justification to get the federal government involved. It makes no representation as to whether the federal government would help resolve the problem or simply make it worse. The world would be a better place if we all learned to judge a program by results rather than intentions. Chrysler is operationally bankrupt
Is this announcement foreshadowing a terrible 2008? Chrysler was sold to private equity firm Cerberus just 4 months ago for a fraction of what Daimler acquired it for several years earlier. The company has a few popular products but was an overall perennial loser for the German automaker. It seems that under the new private ownership, nothing has yet changed. CNN is reporting that Chrysler, according to its CEO, is operationally bankrupt. Socialists hate poor people
Central planning as an economic model has been discredited. The Soviet Union collapsed, get over it. Governments can not manage the economy and people’s lives because nobody is smart enough or honest enough to do it right. You are stupid, too, so leave me alone
Freedom is the most logical way to minimize stupidity. You are stupid if you make stupid decisions. A stupid decision is one which is not in your best interest. Your best interest is your vision of a perfect life. Different people have different perceptions of what a perfect life looks like; you may desire a lifestyle that I consider against your best interest. So a decision that may be stupid for me may not necessarily be stupid for you. A stupid decision is one that makes it more difficult for any person to make their unique vision of a perfect life their reality, whatever it is. |
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