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Monthly Archives: July 2013

Yes, He Really Said That

Fed Chairman Ben Bernanke last month, as quoted by the Wall Street Journal: We’re going to be shifting the mix of our tools as we try to land the ship in a smooth way onto the aircraft carrier.   It’s so comforting to know that this is the man in charge our money.

July 3 Fireworks

Ignoring Jim Bean and others’ requests to post-pone discussion of hot-button issues like the budget and the beachfront redevelopment to a date that would be more convenient to the citizenry, Mayor-in-a-Hurry Matt Doherty packed the agenda so full that the meeting on Wednesday lasted until 10:30 PM.  The way I see it is that if […]

Council Meeting Of July 3, 2013

Part 1   Part 2   Part 3   Part 4   Part 5

Independence Day Capitalism Lesson

65 years old and more relevant than ever.

Democracy In Action

What new “democracies” like Egypt don’t understand is that it’s freedom, not democracy, that ensures prosperity and domestic tranquility.  Simply having elections, when the government being elected has unlimited powers, results in the winning faction lording over the losing one. It’s a real tragedy for the entire planet that America, with all the influence it […]

Why Is It?

Matt immediately backs off his plan to use beautiful and durable ipe wood for the new boardwalk due to a completely toothless threat from a bunch of environmental nut jobs, but totally dismisses a real lawsuit against his development plans brought by a couple of residents who are represented by the former mayor’s law firm. […]