No Sherman March for the Welfare State

Just as an individual needs a reality-oriented form of psychotherapy, a nation or a culture needs a reality-based set of solutions to get out of any mess it finds itself in.Consider a bit of history. General William T. Sherman turned the tide of the Civil War, by his...

Thank God For…

Dr. Hurd: I was wondering why some people — in fact, many people — thank God (or Dog if you’re dyslexic) for saving them from some calamity (such as a tornado, earthquake, tsunami, hurricane, flood, etc.), but they don’t blame that same God for...

Suffering is Not the Goal

Do traumas, tragedies, and difficulties make you stronger? I say: NO. It’s not difficulty that makes people stronger. What makes you strong are the habits of rationality and serenity which make difficulty bearable in the first place. You’re better because...

?Government vs. Production

Impose the world’s highest corporate income tax rate, and we can expect the result will be too few corporations and too much government. “The United States may soon wind up with the distinction that makes business leaders cringe — the highest...

Silver Takes it on the Chin

This week saw the type of downside volatility in the precious metals market that will be remembered for years to come. For those of us who have been long gold, and silver in particular, the memories will not be pleasant. While many had been expecting a pullback in...

Osama and Obama

“Bin Laden was not a Muslim leader.” So says President Obama. You could have fooled me. Obama cites evidence that bin Laden killed Muslims as proof that he was not a Muslim leader. Now wait a minute. Imagine if a cult of people drank Kool Aid filled with...

Obamanomics and High Gas Prices

Obama says there is no “silver bullet” or quick fix solution for bringing down gas prices. This may be true — but does this mean there’s no solution? First of all, it isn’t the government’s job to bring down (or drive up) gas...

Robber Barons and Busybodies

C.S. Lewis said: “It would be better to live under robber barons than under omnipotent moral busybodies.” He’s right. “Robber barons” was the term for the successful businessmen of his time. There is no theft in success, however. This...