Frog Legs

I’ve been busy with school, so haven’t had time to update the blog as I wanted. I also have not been able to update the wine blog as I wanted, but I will get to it eventually.

However, since starting I have been able to add a couple links, one is to ISC-squared (ISC2) which is an information security organization. They manage the CISSP certification (which I have), among others.

I also added The Housing Bubble Blog, which is a site focused on discussing the housing bubble. The forums on that site are also a great discussion concerning the housing bubble as well as related economics.

Finally, I added a link to the Mises Institute. I highly recommend this to anyone who wants to understand the Austrian model of the business cycle.

All these llinks are useful for their own purpose and highly recommend all of them.

Currently, we are on the downswing of a relatively major business cycle. I mean that in the context of the Austrian model. What that implies is a contraction of a credit-driven economy caused by unwinding of credit.
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Here are some interesting quotes for the weekend, both from Ludwig von Mises:

“The final outcome of the credit expansion is general impoverishment.” 

and also:

“Credit expansion is the governments foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to conjure away the scarcity of capital goods, to lower the rate of interest or to abolish it altogether, to finance lavish government spending, to expropriate the capitalists, to contrive everlasting booms, and to make everybody prosperous.”

Hi everyone, this is my new blog. Please bear with me while it undergoes refinement. I plan to add information about a variety of things. I also am considering starting a bulletin board for anyone interested, perhaps a board for graduates of Greenbrier High School.

I will open comments as well for anyone interested in commenting.