Tax Guru – Ker$tetter Letter

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Archive for February 12th, 2013

From Thomas Sowell

Posted by taxguru on February 12, 2013

 

Prophets and Losses – He discusses the incompetence of the Federal Reserve and its chairmen.

 
Prophets and Losses: Part II – More on the incompetence and policy failures of our supreme rulers in DC.

 

Some more excellent Random Thoughts from Thomas Sowell, including these:

However emotionally similar envy and resentment may seem, their consequences are often very different. Envy may spur some people to efforts to lift themselves up, while resentment is more likely to spur efforts to tear others down

In the modern welfare state, a vote becomes a license to take what others create — and these others include generations yet unborn.

Can anyone explain why, when someone dies, most of what he has saved up over a lifetime should be turned over to politicians, rather than to his heirs?

People who are forever ready to charge others with “greed” never apply that word to the government. But, if you think the government is never greedy, check out what the government does under the escheat laws and eminent domain.

 

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