Economics of Chaos

Throw the Bums Out! An interesting notion: Make our Congress Accountable  for their record!! Here is an example of idiocy in Washington. The two most vociferous  proponents of the very policies that have gotten the US Economy in the most trouble have their name on an in name only reform bill that will probably pass. Primarily, the legislation addresses issues that could and should be solved by a FREE MARKET. This is typical. We should simply enforce the laws that are on the books; NOT WRITE MORE. This bill is particularly bad because it actually creates yet another government agency. The Bill  does not go far enough in curbing DERIVATIVES. The Bill does NOT EVEN TOUCH the Housing Crisis or Fannie Mae and Freddie Mac. This alone is enough to justify replacing every member of Congress who would dare go along with this legislative hoax. "National Review notes that the bill is aptly named after two of the leading causes of the financial crisis th...

American Consensus Our entire economy and even elements of our basic society is in Chaos. Even in chaos, we are still the best society on the planet in many ways but we could do better. Doing better is what Economics of Chaos is all about. This post of the Economics of Chaos Blog is also an introduction to a group  that I am forming.  American Consensus ; the groups' aim is to come to grips with our problems and offer solutions to them and to promote our ideas after a majority of our members have spoken and agreed on the best course of action. I will serve as Chair and moderator until someone better and brighter than me comes along. I welcome your input and assistance. To join or comment; Please E-mail me at: jmcdonough44@gmail.com Our Founding Fathers were great at compromise and consensus. In their own time, the Founders were determined to move the new national ideal of a Free and Equitable America forward. These great men all had strong opinions concer...

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