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How does he know why anyone comes? Did the Boston bombers or Mohamed Atta come for love?? His approach doesn't distinguish and is an argument a drunken playboy would concoct. What if I didn't pay any taxes last year and didn't file--can I say it was due to 'an act of love'? If an American doesn't file it is an act of crime. Also if one uses a fake id or ssn. It is punishable by up to 5 years in prison. BTW, are these people paying taxes in their country of origin? Or any country??
The difference with the situation in Japan is that the Fed is buying long-term government debt-also as interest rates fell-homeowners payed off old debt through re-financing and the Fed's plan was to retire those bonds (which they 'printed') when paid off-but this started sucking money out of the economy-deflation.
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Let’s Help Academia Destroy Itself

Maxwalk Wrote: Mar 04, 2013 8:11 AM
Just make the schools responsible for repayment (that is make them the student loan lender) and they will be forced to consider the sanity of giving a young person $200,000 to major in 'I hate America studies.'
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The Comfort of Welfare

Maxwalk Wrote: Feb 01, 2013 5:05 PM
Great article, Charles!!
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Women Pols Won’t Fix Gridlock

Maxwalk Wrote: Jan 16, 2013 2:20 PM
Women's groups deplore gender stereotypes, unless, aparently, it benefits them.
Incomes at the top have grown so exponentially because executives can access global markets while those at the bottom must compete with $5/day wages in Asia. Moreover, "total entitlement payouts on a real per capita basis have been growing twice as fast as per capita income over the past twenty years"1 The solution of taxing those at the top to pay off those who wont develop their skills is unsustainable in the long run-A better solution would be to deal with currency manipulation -which could create 2million jobs and lower trade deficit by up to $300 M according to the Peterson Institut 1Eberstadt, Nicholas (2012-10-10). A Nation of Takers: America’s Entitlement Epidemic (Kindle Location 98). Chicago Distribution. Kindle...
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Bankrupt State University

Maxwalk Wrote: Nov 30, 2012 6:13 PM
A solution to the tuition problem would be to simply grant to the Universities for student tuition and fees and put Universities on the hook for repayment. They will think twice about lending $100,000 to a poorly qualified student to study in a field with limited employment prospects and will be forced to cut their own costs finally. When they come up short, they will be forced to cut into their endowment.
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Bankrupt State University

Maxwalk Wrote: Nov 30, 2012 6:05 PM
When I graduated with a Masters from Michigan I was told by a consultant group (who was helping teach a class) that they would love to hire me and another student, but couldn't because they would lose contracts with UofM due to its quota requirement for contractors regarding women and minorities. I believe the University should assist its graduates in finding employment, not discriminate against them on the basis of race and gender. The institution is run by immoral people. No American of moral conscious should support them.
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An Overdue Book

Maxwalk Wrote: Nov 28, 2012 3:14 PM
As a candidate Obama made the comment that Democrats were too concerned with divvying up the pie and not growing it. What happened to that guy??
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Killing The Goose

Maxwalk Wrote: Nov 21, 2012 4:33 PM
Detroit is a ghost town too that is unable to connect the dots.
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