Year: 2017
Economics Quiz
Here are some excerpts:
“A substantial number of relatively unskilled persons reported that they cannot find work. At the same time, there are many unfilled jobs for relatively skilled people. Apparently, the problem is that there are more unskilled people than unskilled jobs.” What is wrong with the reasoning?
“Debtors are exploited by creditors because a person who has to borrow is usually in distress and is willing to pay a very high price to get the loan. Unless laws were passed controlling the rate of interest, debtors would be forced to pay unreasonable rates of interest.” Is the analysis correct? Explain why or why not.
Do the following comments reflect sound economic reasoning? Explain why or why not. (a) “I paid $200.00 for this economics course. Therefore, I am going to attend the lectures even if they are useless and boring.” (b) “Since we own rather than rent, housing does not cost us anything.” (c) I own 100 shares of stock that I can’t afford to sell until the price goes up enough for me to get back at least my original investment.” (d) “It costs to produce private education, whereas public schooling is free.”
The average wage rate of women is only 59% of that of men. This shows that women are paid just 59% as much as men for doing the same work. Evaluate this statement.
What is the problem with common property resources?
Is human life priceless? What evidence can you offer to support your contention?
Evaluate: “A bird in the hand is worth six in the bush.”
Do you need help?
Esser Agaroth Ought to Write a Book
His latest infectiously wrathful article (on Esser Agaroth) can be one of the chapters. He takes on Australia’s state, Ynet (of course), the state of Israel, another foreign devil…, you name it. I’m happy he didn’t mention me, too!
Few write this well.
האם הגאון מוילנא חולק על הראשונים ז”ל?
סנהדרין מ”ד ב’:
אמר ליה אביי לרב דימי האי קרא במערבא במאי מוקמיתו ליה אל תצא לריב מהר פן מה תעשה באחריתה בהכלים אותך רעך ריבך ריב את רעך וסוד אחר אל תגל בשעה שאמר לו הקדוש ברוך הוא ליחזקאל לך אמור להם לישראל אביך האמורי ואמך חתית אמרה רוח פסקונית לפני הקדוש ברוך הוא רבונו של עולם אם יבואו אברהם ושרה ויעמדו לפניך אתה אומר להם ומכלים אותם…
רש”י שם:
אמר רוח פסקונית, גבריאל.
הגהות הגר”א:
נ”ב, אינו כן.
א”ה, איני יודע טעמו.
Ron Paul: Put Sanctions on the Neocons!
Trump Should Veto Congress’ Foolish New Sanctions Bill
July 25, 2017
This week’s expected House vote to add more sanctions on Russia, Iran, and North Korea is a prime example of how little thought goes into US foreign policy. Sanctions have become kind of an automatic action the US government takes when it simply doesn’t know what else to do.
No matter what the problem, no matter where on earth it occurs, the answer from Washington is always sanctions. Sanctions are supposed to force governments to change policies and do what Washington tells them or face the wrath of their people. So the goal of sanctions is to make life as miserable as possible for civilians so they will try to overthrow their governments. Foreign leaders and the elites do not suffer under sanctions. This policy would be immoral even if it did work, but it does not.
Why is Congress so eager for more sanctions on Russia? The neocons and the media have designated Russia as the official enemy and the military industrial complex and other special interests want to continue getting rich terrifying Americans into believing the propaganda.
Why, just weeks after the White House affirmed that Iran is abiding by its obligations under the nuclear treaty, does Congress pass additional sanctions anyway? Washington blames Iran for “destabilizing” Syria and Iraq by helping them fight ISIS and al-Qaeda. Does this make any sense at all?
When is the last time Iran committed a terrorist act on our soil? It hasn’t. Yet we learned from the declassified 28 pages of the Congressional 9/11 report that Saudi Arabia was deeply involved in the 2001 attacks against Washington and New York. Who has funded al-Qaeda and ISIS in Syria for years? Saudi Arabia. Yet no one is talking about sanctions against that country. This is because sanctions are not about our security. They are about politics and special interests.
Why is Congress poised to add yet more sanctions on North Korea? Do they want the North Korean people to suffer more than they are already suffering? North Korea’s GDP is half that of Vermont – the US state with the lowest GDP! Does anyone believe they are about to invade us? There is much talk about North Korea’s ballistic missile program, but little talk about 30,000 US troops and weapons on North Korea’s border. For Washington, it’s never a threat if we do it to the other guy.
Here’s an alternative to doing the same thing over and over: Let’s take US troops out of North Korea after 70 years. The new South Korean president has proposed military talks with North Korea to try and reduce tensions. We should get out of the way and let them solve their own problems. If Iran and Russia want to fight ISIS and al-Qaeda at the invitation of their ally, Syria, why stand in the way? We can’t run the world. We are out of money.
President Trump was elected to pursue a new kind of foreign policy. If he means what he said on the campaign trail, he will veto this foolish sanctions bill and begin dismantling neocon control of his Administration.
From Lewrockwell.com, here.