Simple Utah Mormon Politics

Business cycles ("booms" and "busts") inevitably occur when central banks try to manipulate economies. When central banks use such manipulation, it is not fair to call such an economy a free-market economy. This article will explain what booms and busts are, and how they are caused.

A patriot is wise when he mixes his patriotism with regard for all mankind and with self-searching introspection. But when he overlooks the mistakes of the country for which he holds his devotion, he is an unwise and a dangerous patriot. America is a great nation and  hopefully always will be. Amid all the fervor of 9/11, I can think of no more patriotic duty than to contemplate our national mistakes and how we can correct them.

Prior to the Great Depression, private charities and state and local governments did a remarkable job of taking care of those in need. Since the mistakes of the Herbert Hoover Administration, however, and the continuation of those mistakes by Franklin D Roosevelt, we've never been the same.

How did Europe get this crazy? I think it's because European governments have overstretched by trying to provide too much, so that when they attempt to provide the limited benefits that good government should accomplish, they fail. They've certainly conditioned many people to think that someone else is to blame for their various plights.

It's the first time in history that a credit rating agency has downgraded US credit. What does it mean? What are others saying about it? Who is to blame?

Why are the rich getting richer and the poor getting poorer? Because the rich don't pay their fair share of taxes? Perhaps this is a minor contributing factor. However, the greatest means to increase the divide between rich and poor is actually inflation of a nation's currency. Here's how John Maynard Keynes explained it.

Three issues have conspired to cast Brigham Young in an almost monstrous mythical light. (1) The fact that he was the leader of a growing religious empire rubbed people the wrong way. (2) To a sex-crazed world, polygamy is seen as all about crazy sex. (3) LDS Church members, reacting against the slanders of the world, place the leaders upon pedestals of purity when they are not so pure. Because of this, the real Brigham Young is much different than we think.