Month: October 2009

by Jason Stotts The advocates of government-guarenteed mortgages also forget what is being lent is ultimately real capital, which is limited in supply, and that they are helping identified B at the expense of some unidentified A. Government-guarenteed home mortgages, especially when a negligible down payment or no down payment whatever is required, inevitably mean…

by Jason Stotts Last night I went with M. and saw The Invention of Lying. It was awesome. The premise of the movie is that their world is a parallel universe divergent from our own only in that the people of this universe have never developed the ability to lie. In fact, they lack even…