Bacon's Rebellion

Democracy Thrives in Sunlight

Tag: Les Schreiber

  • Who Are the Real Fiscal Conservatives?

    —

    by

    Les Schreiber
    in , ,

    Paul Volcker is one of the real heroes of the modern economic profession. During the late 1970’s and early 1980’s he conquered the “Great Inflation” by taming the growth of the money supply. Interest rates rose to levels unprecedented in modern American history. During my time in charge of cash management at AIG, I bought…

  • Think Competition Isn’t Important?

    —

    by

    in

    The recently shuttered Westbury Pharmacy was a compounding pharmacy. These institutions make up drugs per the instructions of a doctor when a special medicine is needed for an unique problem. A member of my family was a patient and the charge was $200 per refill. Now that Westbury is out of business, South River Compounding…

  • Think Competition Isn't Important?

    —

    by

    Les Schreiber
    in

    The recently shuttered Westbury Pharmacy was a compounding pharmacy. These institutions make up drugs per the instructions of a doctor when a special medicine is needed for an unique problem. A member of my family was a patient and the charge was $200 per refill. Now that Westbury is out of business, South River Compounding…

  • The New Republican Wardrobe for Spring: Wooden Shoes and White Sheets

    —

    by

    Les Schreiber
    in

    As I was researching the N Y Daily News web site yesterday, for a reason why the Yankees keep winning with a line up of virtual unknowns, I ran across an interesting article: Geert Wilders has been invited to speak at a G.O.P. event in Palm Beach Florida.  For those who don’t follow Dutch politics, Wilders…

  • You Must Be Joking

    —

    by

    in

    The RTD reports today that the city of Richmond will PAY the Redskins about $250,000 for having summer camp in the city. Is this true or did the newspaper publish the April Fools edition a month early? — Les Schreiber

  • “Putinomics” Comes to Virginia

    —

    by

    in ,

    Several weeks ago, I was shocked to read a story in the TD that Dominion, Virginia’s dominant electric monopoly, was suing several land owners as a result of their refusal to allow a survey team to access their land to measure for a potential pipeline that Dominion and several other firms want to build.  The land…

  • This Brat is the Worst

    —

    by

    in ,

    In one week the voters of the 7th district will send a self-styled “economist” named David Brat to the House of Representatives.  I am amused that Mr. Brat advertised himself as an economist but advocates policies that have already been tried and have proven to be at best ineffective and at worst disastrous. When running…