Friday, March 3, 2017

Sessions Should Go But It Has Nothing To Do With Talking to Russia

This is a great article on what causes economic bubbles.  It is very easy to read.
“Bubbles Aren't Created by Price Increases — They're created by Misallocation of Resources.”
Expanding the money supply creates a platform for bubbles. This extra money does not in and of itself create bubbles. But it does culminate in money being diverted away from productive activities in order to fund unproductive activities. Applying this logic, then, bubble bursting is actually good for those who produce truly economically value because it frees up money that was formerly being funneled toward unproductive activities. 

Schumer is correct.  Sessions should resign for the good of the country. 
Schumer is, however, wrong on why.  And it has nothing to do with this Russia contact hoopla which is all stupid, unimportant, irrelevant and a political hack.
But it does have to do with Sessions’ plan to crack down on drug laws.  If he had any brains, which as a politician he likely does not, he would do everything in his power to legalize all drugs.  Why?
-                      To save taxpayers millions of dollars,
-                      To save hundreds if not thousands of lives , and
-                      To reduce the number of people who suffer from addiction and other effects resulting from a black market for drugs.
Take a look at Portugal if you don’t buy these arguments.  All these reasons are on the cost benefit analysis of this but don’t even mention the right people have to do what they want to their own bodies.

If this partisan flip-flop weren’t so scary, it would almost be amusing. This chart from the article presents a clear picture of partisanship gone haywire.  Truly explains everything wrong with the path the US is on.  Sad!

People with ancestry in Iceland, Scotland and Denmark are tagged “Caucasians,” which would be accurate only for people from the Caucuses region, such as the Boston Marathon bombers, or Stalin. According to this geographical pattern, people with ancestry in Spain should be classified as “Iberians” but they are not. They are “Latinos,” but in the current system people such as Antonin Scalia, Madonna, and Frank Sinatra, all with ancestry in Italy, home to the plain of Latium, are not “Latinos.” They too are “Caucasians” or “whites.” Many “Latinos” or “Hispanics,” a linguistic term, are whiter than the late Senator Robert Byrd, a former Ku Klucker. Even so, in the USA they can become “people of color.” None of this makes any sense but those who advance it have purposes in mind.” 

What unites us is our humanity.  What divides us is our identification of differences.  

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