Recent content by jvockrodt

West Coast Hotel v. Parish -- The switch in time that saved nine, after FDR's court packing scheme. This case signaled the end of the Supreme Court's blocking of New Deal and other economic legislation. But it merely embodied the principle that the democratic process was a sufficient check on...

I oppose the economic stimulus package because this will encourage waste and delay recovery in the real economy. One of the aims of the stimulus package is to spend the money as quickly as possible. The problem is that rapid spending without oversight from those who risk their own capital will...

Wow, Leeb cites Road to Serfdom in an effort to justify massive government central economic planning as a way to avoid dictators. I can't believe how clearly wrong this guy is. He is completely off the wall. Has he even read Road to Serfdom?

He calls for dollar instability and no inflation. How can we have dollar instability without inflation? What does this look like?

Thanks. I'll check it out.

I am interested in establishing an internet accessible bank account outside the US in a non-US currency. Has anyone had experience with such accounts?

Does anyone have any experience with international bank accounts? I am interested in knowing if anyone has a recommendation regarding interest bearing accounts in euros and possibly other currencies that are open to U.S. citizens.

I was happy reading the WSJ today. On top of the editorial on Gold, another editorial pointed out why we shouldn't bail out Detroit auto. Talk about a nice way to start the day!

"Yeah, the more I think about it, seems like disappearing into the Australian outback might be the best way to avoid the shit that's coming" Cool, that would be like Mad Max though!

This is totally biased, what about the District of Columbia?

Once someone pointed out to me that the stock market increased nearly 100% over FDR's presidency. FDR debased the dollar from 20/ounce to 35/ounce. Wouldn't this automatically cause asset prices to go up? In light of the debasing, the market increase would seem a dismal improvement over FDR's...

http://usatruth.blogtownhall.com/2008/10/04/bailout_how_did_they_vote.thtml

I got my letter against Steny Hoyer on the bailout published today! http://www.dcexaminer.com/opinion/letters/?date=10232008 They edited quite a bit and put the famous quote at the end, where I am not sure its making the point as effectively. Anyway, I am happy as this is my first letter to...

We have approximately 10,000 million in national debt and approximately 300 million people, which works out to approximately $33,000 each. Here's the deal. I'll pay off my portion, if they close my account immediately.

Here's Why We Have Wooden Arrow Tax Credit in the Bailout The Senate did not have constitutional authority to originate the bailout as the "Origination clause" requires all revenue bills to originate in the House of Representatives. The Senate could not directly originate the bailout bill, and...