Category: Economy

What Trump and Sanders Said about Oil Prices 4 Years Ago

This post is quite hilarious, given that we are talking about two of the worst populists politicians which are unfortunately always given far too much visibility in the media these days.

Donald Trump and Bernie Sanders, two great buffoons who know little to nothing about economy. And there are people who would really like to see them in the White House. Really?

The article is a quick read, and it is a stark reminder that most politicians understand nothing of economics. And they would like to become those in control of economic policies, when elected. Heavens forbid.

http://fee.org/anythingpeaceful/what-trump-and-sanders-said-about-oil-prices-4-years-ago/

The impending failure of the German Energiewende

A nice article which shows how the German government has cornered itself by hastily shutting down an important number of nuclear power plants due to the tsunami scare in Japan (as if Germany is subject to tsunamis, right Ms Merkel?).

It’s interesting to read now Sigmar Gabriel being concerned about economic matters, when all he has done has been to push for more unreliable “green renewables” to come online in Germany. Gabriel now says:

“When we’re talking about the future of coal I would advise being less ideological about it and to focus more on climate goals and the economic consequences”

Funny backtrack, isn’t it? I would not be surprised if the remaining nuclear power plants will be left running, and the one who have been stopped will be brought back online in the future.

Moreover, Gabriel confirms the use I make of the term “unreliables” when referring to the “green renewables” such as wind and solar:

“We need to be aware of what is needed to have a stable energy supply”

Oh well, Herr Gabriel, have you figured it out just now?

Article well worth reading.

http://www.worldenergynews.com/News/germany-warns-against-rushed-coal-exit-639092

Ayn Rand and The Anti-Industrial Revolution

I have come across, by pure coincidence, a truly remarkable speech by Ayn Rand from 1970, where she had already seen in the future we are living in now.

This lady had amazing powers of observation, and in the initial part of this speech she describes a dystopian world which, for some, is almost like today. Unfortunately.

Truly worth listening to, time will fly very fast, though some bitter taste will remain in your mouth, if you really care for what’s at stake here.

Thanks to Ayr Rand Institute’s Keith Lockitch and Amanda Maxham for the “thank you” to “the nearest, grimiest, sootiest smokestack” they had in this good podcast, also worth listening to. They are responsible for introducing me to this Ayn Rand’s speech, and I am very thankful for this.

http://www.blogtalkradio.com/yaronbrook/2015/04/22/the-climate-science-article-greenpeace-doesnt-want-you-to-read