Time for Thorns

An independent view on life.

Posts Tagged ‘economy

What is Bitcoin?

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Charlie Martin offers a  timely tutorial  on Bitcoin,  and the alleged attributes which have made it so valuable to certain segments of the population.   You may still be somewhat puzzled after processing Martin’s article,  but at least you will grasp why governments and central bankers hate it and why people who want to evade such control are desperate to get it.

UPDATE:  This is a  view of Bitcoin as a fraud by the man who inspired the “Wolf of Wall Street.”

 

 

 

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Written by timeforthorns

December 16, 2017 at 3:23 pm

Great economy!

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If the Obama economy is so wonderful,  why are more U.S. young adults living at home than at any  time since  1940?   No,  we haven’t adopted the cultural habits of Italy or Greece,  where they have long tended to live with their parents until they neared their 30’s.   It’s the economy,  stupid!

They are encouraged to get degrees in fields in which there are either few jobs,  or in which immigrants,  legal and otherwise,  get the first call.   They have been taught nothing about working their way up the ladder and competing in the real world.   Rather than take a job for which they are overqualified or that doesn’t appeal to them,  they stay with their parents,  and no one talks bad about them, or the fact that they can’t pay back the student loans — that’s your taxpayer dollars they’re stealing,  and Hillary intends to steal many more of them to buy votes with.  I tutored others when I was in college,  and I typed papers for students and presentations for professors —  this was before the computer age,  so you had to be very accurate as well as fast.   I didn’t owe a cent when I graduated,  and I had a decent job and my own apartment before I was 23.

Finding a job that will do at least temporarily is easy when there is a growing economy,  but difficult when there is almost no growth in the private sector and increased regulations strangle the private sector daily.   Don’t kid yourselves — the only jobs Hillary and Democrats think are  “good”  jobs are government jobs.  Of course, if you land one, you will be unlikely to have to work very hard,  and as long as you spout the party line,  you will never be fired,  no matter how lazy,  useless and corrupt you are.   Of course,  if you retain an ounce of self-awareness,  you will either come to hate yourself or most of your co-workers,  but who cares?

 

 

Written by timeforthorns

October 6, 2016 at 11:52 pm

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$2.91 trillion in taxes collected…

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…but the USA is  still broke  because the idiots in Washington spent $3.51 trillion,  resulting in a $621 billion deficit,  not because 2016 receipts are slightly lower than last year’s.   Nearly half the total came from individual income taxes, quite staggering when you realize that nearly half of us pay no federal income taxes at all.

And what do we have to show for it?   An economy staggering towards another recession,  a worn-out military,  an FBI which can’t be trusted   — heck,  an entire government which lacks a single agency in which any sane person would place substantial trust.

I’m thinking of getting one of those T-shirts which cheerfully reads “DEPLORABLES”,  the tag Queen Hillary  —  and indeed,  all progressives secretly agree  — has placed upon half of Trump supporters.    I wouldn’t call myself a true supporter,  but I will vote for him because I know what Hillary is and how supremely dangerous she is for my country.   What will you do?

UPDATE:  Terrence Jeffrey  lays out  beautifully the crisis created by our economically illiterate President and the supine and corrupt Congress.

 

 

Written by timeforthorns

September 14, 2016 at 10:08 am

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Brexit working…

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Despite all the financial hysteria over Brexit,  the UK stock market  is UP, while all the others  are still  down.   Take that,  you arrogant globalist financiers!

Written by timeforthorns

July 2, 2016 at 10:09 am

Brexit or Bremain?

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The incomparable Daniel Hannan  lays out  ten consequences of Britain remaining in the European Union.   It’s not as dramatic as  the flotilla  of fishing boats Nigel Farage led up the Thames in support of leaving the EU,  but it’s certainly worth your while,  as is  this piece  by David Pryce-Jones.

Clarice Feldman wonders if both British and U.S. voters are about to put an  end to elitism,  while Peter Hitchens sees the British people  as rising, even as they cause chaos,  revealing a  deep level  of distrust and societal division.   Could it  even help  Donald Trump keep Queen Hillary out of the White House?   The EU fat cats are  sweating heavily  at this stage,  especially since Switzerland has just  formally rescinded  its application to the EU.   They are now reduced to  puerile taunts,  along with the less juvenile,  but quite unseemly,  threats from  His Oneness,  which backfired.

One of the Americans who support Brexit is Roger Simon,  and he makes an elegant case for  it here.    Texas secessionists are certainly  watching  the entire proceeding with an eye toward the future.

A look at recent  economic history  should be enough to convince most people that Brexit has great merit,  but many people don’t grasp the point of  this fable.   And too few realize this Thursday is the  best chance  Britain will ever have at regaining its sovereignty,  although a record number  have registered  for tomorrow’s referendum,  despite the heroic efforts of  those who wish to remain in the crumbling EU.

 

 

Written by timeforthorns

June 22, 2016 at 11:49 pm

South Africa burning…

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This is  what is actually going on.   This is what the government and the South African Broadcasting Corporation (SABC) do not want you to see, real events that will not be aired on television because the state-controlled television and the African National Congress (ANC) have banned the viewing of protests on television.

After 22 years of leadership,  the ANC has done little to help anyone but themselves and their cronies.   The infrastructure is crumbling, the economy is pitiful,  jobs are scarce,  and the entire country is being turned into a playground of rioters for criminal activities.  The Economic Freedom Fighters (EFF) and Julius Malema have made so many promises that can’t be kept that nothing will improve under his control.   The country is disintegrating before our very eyes because no one will do anything about it except riot.   What would happen if the  95 million Americans no longer in the labor force decide to behave this way?   Obama  (or Hillary,  if we’re that stupid)  would declare martial law and we would swiftly look like so many other nations run by tyrants and maniacal authoritarians.

Written by timeforthorns

June 10, 2016 at 11:52 pm

Economic truth…

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No matter how hard His Oneness and the liberal media  try to  spin it,  the economy is bad,   and the failure to recover from the recession is largely due to the Obama Administration’s failed economic policies.   There has been essentially no real growth under His Oneness and real median household income has steadily declined during his two terms.

It does not make me feel any better to know that the U.S. economy is doing comparatively better than the rest of the world,   particularly in light of the fact that  Obama has had his foot on the economic brakes for so long that people have lost confidence,  not only in this Administration,  but in the ability of capitalism to rebound.   It’s no surprise that Bernie Sanders something-for-nothing democratic socialist rhetoric is so appealing to the products of our failed public education system.

Written by timeforthorns

March 12, 2016 at 11:57 pm

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