Archive for December, 2006

Austrians and Libertarians for Central Planning and Welfare

Saturday, December 30, 2006 18:55 Comments Off

Once again, Tyler Cowen disappoints. His piece in the New York Times is a defense of the latest welfare proposal from the central planners – universal 401k accounts for the poor, with the rest of us providing the “match” through government redistribution. Of the current proposals to address income inequality, the universal 401(k) is the [...]

This was posted under category: Uncategorized

Wall Street as the Moral-Collectivist Sewer

Thursday, December 28, 2006 23:23 Comments Off

A gentleman’s interesting post about political capitalism on an email list put me to some thoughts while I drove home tonight. What about accounting scandals? Enron, yes. That’s what people talk about. But I’d offer a suggestion that what folks deem The Enron Problem is not best pigeonholed as “Enron” nor “Enron-Worldcom stuff,” but rather, [...]

This was posted under category: Uncategorized

The Tao of Warren Buffett

Wednesday, December 27, 2006 14:27 Comments Off

I bought a really fun book at the airport, to read on the way home – The Tao of Warren Buffett. This book is full of the words of wisdom from the mouth of Warren Buffett – that is, his words on business, not politics, as those words are far less brilliant. I’ll start out [...]

This was posted under category: Uncategorized

The Evil Hyperlink and the Ensuing Mob

Wednesday, December 20, 2006 5:52 Comments Off

Mr. Jospeh Rago, an assistant editorial features editor at the Wall Street Journal, doesn’t like blogs. In fact, he likens the world of blogs to an unchecked democracy that is in need of checks and balances. Mr. Rago’s problem is in thinking that only someone who has pushed a pencil in a candy-ass journalism program [...]

This was posted under category: Uncategorized

Teacher Can’t Spell but She’s Teaching Your Kiddies

Sunday, December 17, 2006 10:49 Comments Off

A true story from my friend Sheryl. The kiddies had a Christmas party at (public) school, and the mothers showed up to bring food, participate, etc. So the kids are going to play Christmas bingo, and her son’s fifth-grade teacher asks the kids to raise their hands, offer some Christmas words, and she will write [...]

This was posted under category: Uncategorized

Calories, Apartheid, Austrian “Backwater,” and All Else

Saturday, December 16, 2006 13:06 Comments Off

Looks like I’ll get into a tit-for-tat with the “starve-yourself” crowd. I wrote about this NY Times piece two months ago because I was so horrified when I saw the photo of Mike Linksvayer, a CR (calorie restriction) advocate. Someone just sent me this piece from Mr. Linksvayer – he has a blog – wherein [...]

This was posted under category: Uncategorized

iPod Accessory-of-the-Year

Sunday, December 10, 2006 12:26 Comments Off

My latest Amazon review goes like this: I have been waiting to purchase the ideal portable speaker system for iPod. Then the mm50 happened. Oh sure, it doesn’t sound quite like the Bose, however, it’s one-third the price of the Bose. I have wanted something that is very portable and has crystal clear sound that [...]

This was posted under category: Uncategorized

The Health Nazis Brought Us Trans Fats. Now They Taketh Away.

Saturday, December 9, 2006 7:09 Comments Off

I was impressed to see the great headline in the Wall Street Journal today: The Bloomberg Diet: The nanny state reaches into the kitchen. Accordingly, the article notes that Michael Jacobson’s Center for Science in the Public Interest, an activist, consumer advocacy group that has been striving for the trans fat ban in New York, [...]

This was posted under category: Uncategorized

Eliot Spitzer Teaches the Lessons of Integrity

Friday, December 8, 2006 21:48 Comments Off

Mr. Eliot Spitzer, every free man’s most hated prosecutor, has spoken out against the possibility of revamping the Sarbanes-Oxley regulations that are strangling business in America. In the world according to Spitzer, the current regulatory environment may need some ‘tinkering,” though, he says, it is not legion of rules or massive compliance costs that are [...]

This was posted under category: Uncategorized

The Gospels vs Modern Finance

Friday, December 8, 2006 21:41 Comments Off

Bill Bonner hits a grand slam: A man can make a fool of himself whenever he wants. Generally, he pays the price himself and the rest of the world goes on with its business. But in order to get a real public spectacle going you need to separate cause from effect. Because it is only [...]

This was posted under category: Uncategorized