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Showing posts from April, 2023

Wealth, Poverty, and Politics [ Thomas Sowell, Economist & Author]

Thomas Sowell the African American economist who is also a senior fellow at the Hoover Institution. Here are some of his more famous quotes on economic issues. - •      “Rhetoric is no substitute for reality.” “Intellect is not wisdom.” “Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God.” •      Despite a voluminous and often fervent literature on “income distribution” the cold fact is that most income is not distributed: It is earned. “There are only two ways of telling the complete truth anonymously and posthumously.” When you want to help people, tell them the truth. When you want to help yourself tell them what they want to hear. -Thomas Sowell   The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.   •      It is hard to imagine a more stupid or more dan

SpaceX Starship explodes on first launch attempt [ Ellon Musk repeated failures. ]

The South African native Ellon Musk failed to join his native country's military at 18 years old; then Elon Musk migrated to Canada, and deceived Canadians out of millions; then in post-graduate school; Mr. Elon Musk applied for US naturalization in America. During his SpaceX campaign to space; Mr. Elon Musk received 4.9 billion dollars in ECONOMIC DEVELOPMENT subsidies; aka, government tax money from the American people to explode a rocket in space; a complete failure; and a waste of mass governmental funds that could be allocated for better efficient uses. In Luke 6:10, Yeshua-Christ says; "Whoever is faithful in small matters, will faithful in large ones; whoever is dishonest in small matters; will also be dishonest in large matters. Ellon Musk was unfaithful in South Africa; he was unfaithful in Canada; and he will be unfaithful and dishonest in America; we should always know a tree by the fruits it produces!