Heterodox Views on Politics and Public Policy from Michael Blaine
Thursday, December 20, 2007
Monday, December 17, 2007
Minnesota's Own Version of "Verjudung," or How Somali Refugees Threaten Christmas In The Upper Midwest
Verjudung held that 19th century German culture was being corrupted by the newly-emancipated Jews. One of its foremost proponents was Adolf Stoecker, who -- according to Wikipedia -- was "upset with the dislocating social effects brought on by rapid industrialization" and so "called for German society to rededicate itself to Christian faith and return to Germanic rule in law and business." Stoecker founded the Christian Social Party, designed at once to beat back socialism and deprive Jews of their civil rights. The CSP found that the more it attacked German Jewry, the greater its success at the ballot box.
Saturday, December 1, 2007
"The Economist Intelligence Unit sees at least a 40% chance of a recession in 2008, with overall GDP growth of not much more than 1%."
"As much as $362 billion in U.S. subprime home mortgages with adjustable interest rates are due to reset at potentially higher rates in the coming year . . . Losses related to bad mortgages already have reached the tens of billions of dollars and have led to turmoil in the world's financial markets."
-- The Wall Street Journal, 12/1/07