Word of the Day: Seigniorage
seigniorage, n.: The difference between the value of money and the cost to produce it. For a better explanation, see wikipedia.
Bush, Congress, Fed, All Hapless to Stimulate Economy
-by Woopadeedoodah
Robert H. Hemphill, former credit manager for the Federal Reserve Bank of Atlanta, once said, “Money is the most important subject intellectual persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it is widely understood and its defects remedied very soon.”
2007 Techno Roundup
Consider the following a detour from the usual politics appearing on this site. Annually, HitHimAgain compiles a list of excellent techno songs either released or discovered during the calendar year. This year, this list is being published here with links to YouTube music videos where ever possible. In alphabetical order . . . drum roll . . .
Huckabee: ‘Amend the Constitution to God’s Standards’
Can anyone explain to me what Huckabee means by this?
I believe this part of speech to be in context of marriage and abortion, neither of which warrant a Constitutional amendment. Marriage should not be a function of the state, and abortion should not be regulated by the Federal government under the already-existing 10th Amendment.
Iraq Wants the US to Leave
Despite the ongoing debate in the US over continued occupation in Iraq, one voice that is constantly underreported is that of the Iraqi people. Back in May of 2007, a majority of the Iraqi parliament “signed onto a legislative petition calling on the United States to set a timetable for withdrawal . . . ,” timetables the US has been loathe to entertain. The petition, which made parliamentary approval mandatory for continued occupation was passed a month later in June. Apparently, the parliament made this move because they were irritated that President Bush and Prime Minister Nuri al-Maliki have been extending the legality of the occupation of Iraq in the UN without any Iraqi legislative input.