They say history repeats itself….

1400's

"Absolute nonsense!"  The establishment said.  "No reason to do rash things, like explore new routes, the world is most definitely flat, and that's it."  
"No, I believe it's a bowl.   You can see that when you look at the horizon at the beach."  Said the shrill voices.
"I'm thinking we should be believe the scientists."  Said Chris C.  "I'm willing to stake my reputation and life on that." And he sailed away. 

2014 

"Absolute nonsense!"  The establishment said.  "No reason to do rash things, like explore alternative energy or conserve, there is no global warming, and that's that."  
"No, it seems colder than ever this year.  Look at all those freaky snowstorms!"   Said the shrill voices.
"I'm thinking we should be believe the scientists."  They said.  "To save our grandchildren, we're willing to________.

You fill in the blank!  It's your world, too. 


10 Questions Every Climate Activists Hears

Watering Down Dodd-Frank

In reaction to the news that the  US House of Representatives passed a bill that waters down the Dodd-Frank rules, I post the following quote from a former president.  


 “I am a most unhappy man. I have unwittingly ruined my country. 
A great industrial nation is controlled by its system of credit.
Our system of credit is concentrated. The growth of the nation, therefore,
and all our activities are in the hands of a few men. 
We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. 
No longer a government by free opinion, 
no longer a government by conviction and the vote of the majority,
but a government by the opinion and duress of a small group of dominant men.”
                                                                                 President Woodrow Wilson: 1916

Think about it.  Constraints are good for creativity, right?  
I think some constraints are very good for financial institutions, especially those that have demonstrated that they cannot govern themselves.