The Lighthouse | 2012 August

Not Bad Mr. Ryan

By Erik Zimerman On August 30, 2012 · Add Comment · In Avvisi

Newt Gingrich and Herman Cain put Chris Mathews in his place

By Erik Zimerman On August 30, 2012 · Add Comment · In Avvisi

A Major Reason for the left-right disconnect: The Worse Kind of Tax – And a much better Alternative

By Erik Zimerman On August 23, 2012 · 3 Comments · In The Whiskey Room

It probably comes with little surprise, that the "worse kind of tax" being referred to is the dreaded Income Tax; and with good reason, it is true. This article is the first in a series in which we will tackle ever more complex economics related and financial subjects to point out the increasingly inadequate systems most of the world is functioning under. They encourage boom-bust cycles, constant devaluation of a nation's currency, corporatism, debt, a constant unquenchable need for economic growth, government dependency, and the erosion of personal freedoms. At the same time they discourage that very same economic growth, true capital investment, work, savings, stability, individual risk taking, and self-reliance. Taxation is a good place to start. It is very interesting to note that large part of the disagreement between the right and the left on this matter (on the rate of income tax, not its existence), comes from a skewed perspective on the issue that I have never seen discussed. It will be herein.

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Islamist Morsi Takes down the Egyptian Army?

By Erik Zimerman On August 13, 2012 · 1 Comment · In Avvisi, Joab's Men

In a surprising move, and what seems to be a preemptive coup, Egypt’s new Islamist President (member of the jihadist Muslim Brotherhood) Muhammed Morsi has declared Field Marshal Tantawi and General Sami Hafez Anan, who led Egypt’s ruling military council (SCAF), “retired” along with other top Generals. Perhaps more importantly, he has cancelled the latest constitutional amendment (which gave the Army broader powers than the President), and replaced it with a new amendment, which actually grants the new President greater autocratic powers than those that Mubarak had previously held. So much for the “freedom protesters”. Interestingly, this comes in the wake of an Islamic attack in the Sinai-Gaza area which left 16 Egyptian security personnel dead and more wounded. As it stands, it APPEARS that this move was part of an agreement reached between Morsi and the leading Generals. That is far from certain, and it is mostly derived from the fact that both Generals were praised, thanked for their “patriotic” cooperation, given medals of honor, and declared henceforth Presidential advisers, a move which seems to point to immunity from prosecution and a peaceful retirement. Here the Lighthouse reports further updates on this showdown more recently reported on here. In that piece, the general picture of the showdown [...]

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Not Bad Mr. Ryan

Newt Gingrich and Herman Cain put Chris Mathews in his place

Islamist Morsi Takes down the Egyptian Army?

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Not Bad Mr. Ryan

Newt Gingrich and Herman Cain put Chris Mathews in his place

A Major Reason for the left-right disconnect: The Worse Kind of Tax – And a much better Alternative

Islamist Morsi Takes down the Egyptian Army?

Recent Posts

Top Posts & Pages

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