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The author criticizes U.S. President Barack Obama's linking of technology to job losses based on the fact that doing more with less is what economic growth is all about.

The author argues against the actions taken by the U.S. government in times of economic crises such as the various measures taken under former Presidents Herbert Hoover in 1932 and Franklin D. Roosevelt by 1933. He cites several moves such as massive tariff increase, income tax increase, government-organized cartels and empowerment of unions. He likens Hoover to George W. Bush, who signed a $700-billion bailout plan to save banks from bankruptcy. He believes that based on history, inaction is the best action to take.

The author reflects on the role of the U.S. government in the credit crunch after the fall of housing prices. He notes that the Congress and the Department of Housing and Urban Development (HUD) had pushed Fannie Mae and Freddie Mac to increase their purchases of mortgages going to low and moderate income borrowers. He stresses that politicians have pushed banks under the Community Reinvestment Act (CRA) to increase home ownership and urban development without committing budget. He also blames the Federal Reserve for the artificial housing boom.

The author claims that U.S. citizens should not be worried about the alleged economic threat posed by China and Japan to the U.S.

Focuses on the reaction of the Author's Guild in the U.S. regarding the used books being sold at Amazon, the online bookseller.

Opinion. Comments on the spending cut budget proposal of the Congress. Payment of federal taxes by citizens for government programs from which they do not benefit; Uneven distribution of the tax burden.