Posted tagged ‘H L Mencken’

Is College Education a Bubble

September 6, 2010

Please note that the only apparent place to get student loans is now the U. S. Government. The entity that knows more about your needs and wants than even yourselves. The education bubble may not burst today, but it surely must.

Look at the housing bubble, a similar situation with Fannie Mae and Freddy Mac holding or guaranteeing most of the mortgages  loans in the US and maybe some foreign nations also.  This situation took several years to develop, but develop it has and continues.

Read the following article.

Monty Pelerins World » The Soon to Burst Education Bubble.

Could 62 Million Homes Be Foreclosure-Proof? Is yours one of them?

August 27, 2010

When I read this it brought back the memory of a story told us by one of our school families about one of their acquaintances. Seems like this acquaintance had fallen on hard times and was several months behind in his mortgage payments. The time frame was about the start or the first few months of the Obama regime. Anyway the acquaintance wrote to someone and asked for some Obama sized relief.  Several months passed with the acquaintance making no further payments, then he got the deed to his condo with a letter stating something to the effect that they couldn’t find the mortgage note and so he now owned the condo free and clear. When we first heard this we just thought that the mortgage had passed through the hands of so many financial institutions that it had been lost in the paper work shuffle.

Maybe the mortgage was lost or this article could be the answer?

Homeowners’ Rebellion: Could 62 Million Homes Be Foreclosure-Proof? by Ellen Brown.

Monty Pelerins World » Our Patrick Henry Moment is Here

August 1, 2010

The following article is very  apropos for  today as we face an election that will change our future for a long time to come.

Monty Pelerins World » Our Patrick Henry Moment is Here.

VERY IMPORTANT – Why We Will Continue to Decline « Monty Pelerins World

June 27, 2010

Below is a link to a blog that we found. I really can’t add anything to this article.

VERY IMPORTANT – Why We Will Continue to Decline « Monty Pelerins World.

What 1946 Can Tell Us About 2010

April 6, 2010

Here is some very interesting statistics about the end of WWII and a comparison with our current economy and political enviroment. Click onto the article from The American, A Magazine of Ideas

What 1946 Can Tell Us About 2010 — The American, A Magazine of Ideas.

Five myths about America’s credit card debt – washingtonpost.com

February 4, 2010

This looks like a very good article from the Washington Post. I am sure you have heard there is a new law going into effect this month. The author of this article doesn’t think it will fix anything or much in any case. The credit card issuers have had since last spring to raise their payment level and their interest levels.  He indicates if you already have credit card debt you won’t be helped by this legislation.

You should share this with your students or parents. It also gives a history of credit cards.

You might also be interested in the fact that Chelsy Clinton and one of the Biden boys have very lucrative jobs with credit card companies or bank credit card divisions

Five myths about America’s credit card debt – washingtonpost.com.

Priceless: How The Federal Reserve Bought The Economics Profession

January 30, 2010

Here is a great article that will let you know how we can get an incompetent economist re-appointed to the Federal Reserve. One of the things that should have been done when this recession, depression, or whatever it finally ends up being. I am thinking depression. When this was first discovered the Fed Chairman and members of the OMC should have been fired and the Fed disbanded. They all missed the signs of trouble.

Read the following article for the facts.

Priceless: How The Federal Reserve Bought The Economics Profession.

Uncle Buck’s Unofficial Review of American History

August 18, 2009

This is an “Education Comments”, blog , but some of you may not be sure that is accurate. My purpose is to not only comment on education “stuff” going on in the public and private sectors, but to try to educate people about some things that are going on in this country and the world. Most of these comments will be critical because there are people in this country who want to tear it down. Actually, there were people who wanted to change our country right after the Constitution was signed.

Part I-  Here are some of the events that have transpired during my lifetime so far.

I was born a year and and few days before Nazi Germany invaded Poland. I don’t believe the two events were necessarily connected.

World War II remembered almost.

Two of my uncles were in World War II, stationed  in Africa and later in Europe.  When they were home on leave and after the war there were family gatherings celebrating their safe return. They usually brought something fr0m the countries they had been stationed in. I don’t remember much about the war except  for VJ (Victory over Japan) day. It was celebrated by people driving their cars to the center of town,  lots of honking of horns,  and the setting off of  firecrackers.

I remember playing war and wanting an army helmet, which I never got. I don’t think my parents were interested in training a future soldier.

Why I Love Pie

During the first few years of my life my father worked for one of my uncles by marriage. The job he had was delivering pies from my uncle’s bakery. Picture this, my Dad delivering pies on a motorcycle with the pies in a pie case in the sidecar. If they were to do the same thing today they would probably be breaking a thousand or more health, business regulations, and other various laws. There are some remarkable stories that have been handed down regarding the motorcycle, sidecar, pie rack and pies being driven on and sliding around on ice and snow. The funny thing is no one ever got hurt on or by the motorcycle or got food poisoning from the pies.

This uncle had a law degree, although, he never practiced law to my knowledge. He was an instructor at the Culver Military Academy in Culver, Indiana for awhile. He then started the pie bakery and my father delivered pies for him. He was always taking on some branch of government because of their interference with his personal property or personal  rights. I don’t think he was particularly a Democrat or a Republican, but a person whose interest was in a very small government that would not be strong enough to steal property or freedom from it’s citizens.

Were he alive today, he would still be fighting federal, state, and local governments for control of his own destiny. Perhaps he would also be in jail.

During  this uncle’s lifetime there was  a journalist,  H. L. Mencken (1880 to 1956). I first read Mencken several years ago. Mencken has fallen into disfavor with current journalists, if they can be called journalists. Most of today’s journalists really are cheer leaders for the statist government. There does not seem to be any professional reason to disrespect H. L., other than he had low regard for governments and government elected officials or bureaucrats. These people today seem to be held in high regard even though most of them are simply unconvicted crooks. H. L. was a great advocate of very small government, did not support FDR’s  New Deal,  entry into World War I, or W.W. II. I recommend you read some of his writings. We certainly need some of his ideas now. Here are some samples of his writings. Enjoy them. If you don’t like them, maybe you need to lighten up.

Here is a Constitution written by H L Mencken in 1937 for the New Deal. Could have been written just as appropriately for 2009.

More later

Uncle Buck