Thursday, September 18, 2008

Emotion gouging

All the politicians in Washington recently talked about gas companies gouging the public with high prices. So why did the gas companies raise their prices? Because...........they didn't want people to buy so much gas that a gas shortage would happen. But out of fear of being called a price gouger they kept the prices low. As a result many stations ran out of gas and guess what......the same people who complained about gouging then had no gas to buy! The politicians used the emotions of people around the country in order to push their agenda; it resulted in worsening an already bad situation.

Monday, June 09, 2008

Wednesday, March 26, 2008

Give us another one, Thomas!

One more quote from Mr. Sowell.

"Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good."-Thomas Sowell

Remember that the next time you hear of "bad economic times".

Tuesday, January 22, 2008

Mr. Sowell makes it simple,

“Despite a voluminous and often fervent literature on ‘income distribution,’ the cold fact is that most income is not distributed: It is earned.”-Thomas Sowell