Proverbs 13:22 warns that “ . . . the wealth of the sinner is laid up for the just.” I won’t say this verse describes what’s actually happening with regard to modern mortgage law, but there’s enough of a resemblance to make me wonder.
Entries from September 2009
September 27, 2009
An Economy of Addiction
When it comes to addictive drugs, most people would be surprised to learn that nicotine (common tobacco) is more quickly addictive than heroin, morphine or crack. But there’s another drug that even more addictive than nicotine: free money.
Oooo, we love that free money, don’t we? More than heroin, coke, crack, tobacco, alcohol, or even ice [...]
September 23, 2009
An Economy of Addiction
When it comes to addictive drugs, most people would be surprised to learn that nicotine (common tobacco) is more quickly addictive than heroin, morphine or crack. But there’s another drug that even more addictive than nicotine: free money.
Oooo, we love that free money, don’t we? More than heroin, coke, crack, tobacco, alcohol, or even ice [...]
September 11, 2009
What is “Capital”?
Most people assume that “capital” is more or less synonymous with “money”. That assumption is false.
Michael Moore (the controversial producer-director of the movies Fahrenheit 911 and Sicko) recently achieved a little more notoriety by claiming that “capitalism” is inherently “evil”. About the same time an email was banging around the internet concerning Bill Clinton’s 1997 [...]
September 11, 2009
Come September
In A.D. 1961, Rock Hudson, Gina Lollobrigida, and Sandra Dee starred in a romantic comedy entitled “Come September”. Some of you are old enough to remember that film. Those who are younger or didn’t see the film can pretty much guess the plot, the conclusion, etc.: After a remarkable September filled with amusing confrontations and [...]
September 1, 2009
Gone Fishin’ . . . and Speakin’
I’m taking my first real vacation in a decade or more. I’m down in the Texas “hill country” in a little valley with total population of about 900 people. I’m enjoying myself immensely. Getting some sun. Meeting some very decent people. Went to the 11th Street Cowboy Bar in Bandera to hear country music singer [...]
