Monthly Archives: April 2011

BRIC and the IMF: Reserve Currency Anyone?

The key strength of BRIC is that all five members are growing economies with unique strengths – Brazil, India, China, Russia, and South Africa. <http://hamsayeh.net/world/569-worlds-five-major-economies-brics-dumped-the-us-dollar.html&gt; The IMF is bigger than BRIC, but they are almost to the point of doing … Continue reading

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Posted in Economics, politics | Leave a comment

Obama’s Social Compact Revealed

When Obama speaks of the Social Compact, he is talking about the Hobbes version. The Founders of our Republic built a Constitution that enshrines the Locke version. These are the 18th century version of today’s political conflict. Today we call … Continue reading

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Posted in Essays on Freedom, Ethics, politics | Leave a comment

The True Nature of Obama’s Vision for the Republic

Capitalism is an economic system based on the basic interaction of living creatures: I’ll give you this if you give me that. Therein lies the whole of capitalism. The kind of economy properly blamed for our current troubles is not … Continue reading

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Posted in politics | Leave a comment

Capitalism is Not Politics!

Regarding Capitalism Many people make this mistake and it is the source of much confusion. Capitalism is not a political system; it is economic only. It is the natural way of economic interaction among humans. Some research indicates that it … Continue reading

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Islam: Still Misunderstood in the West!

Here’s an idea sure to cause consternation among liberals: Islam is a warrior religion like Japanese Bushido in the early 20th century. The only way it can maintain itself is to foster a constant state of war. This idea is … Continue reading

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Posted in Essays on Freedom, Ethics, politics, Religion | Leave a comment