I do not take hard currency idea seriously. Hard currency is a wacky idea. I generally think supporters of hard currency, gold standard advocates being the worst, as non-serious discussants of monetary policy. Hard currency is inflexible and it will exert unnecessary pain in time of crisis. If we had a hard currency all over [...]

Saint Santorum needed Michigan, But he couldn’t get enough Republicans, “Damn it Mitt,” said the senator, “I’m going with the Democrat electors.”

President Obama has just announced that Osama Bin Laden is dead.  I am sure there will be a lot of discussions on the matter, of how it will affect relationship with the Muslim world, of how this will affect military operation in Pakistan and many others. One question I want to explore is its potential [...]

I typical share via Google Reader these days but I thought, this post from Greg Mankiw deserves extra attention basically because I agree with it. He theorizes that the youth moved away from the Republican Party because of social conservatism. I expressed the same concerned earlier. …It was largely noneconomic issues. These particular students told [...]

And there were two: Mitt Romney, the former Massachusetts governor who sought to position himself as the true conservative choice for the Republican presidential nomination, announced Thursday afternoon that he had ended his campaign. [Romney Drops Out of Presidential Race. NYT. February 7 2008] Will this be bad news for McCain? It has been speculated [...]

[1541] Of go McCain!

Although I’ve never minded the role of the underdog, and have relished as much as anyone come-from-behind wins, tonight I think we must get used to the idea that we are the Republican party’s front-runners. And I don’t mind one bit.” — John McCain in a February 6 2008 post-Super Tuesday speech. While prefer Ron [...]

Ehem… WTF? Exit polls found 64 percent of Tuesday’s Republican voters still support the conflict — and Romney, whose criticism of President Bush’s management of the war has been muted, outpolled McCain in that category. But among the 34 percent who said they disapproved of the war, McCain had a wide advantage over the GOP [...]

If in the end it is down to these two politicians, there will be no contemplation at all for me: it is Obama all the way: DES MOINES — Senator Barack Obama of Illinois, a first-term Democratic senator trying to become the nation’s first African-American president, rolled to victory in the Iowa caucuses on Thursday [...]

Yup. Go Ron Paul! [Ron Paul For The Republican Nomination. The Daily Dish. December 17 2007]

I’m not an isolationism — an isolationist. I want to trade with people, talk with people, travel, but I don’t want… to send our troops overseas using force to tell them how to live. We would object to it here, and they’re going to object to us over there. — Congressman Ron Paul during the [...]

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