Archive for April, 2008

Michigan HOV Lanes: Perfect for the Solo Driver

Wednesday, April 16, 2008 5:16 Comments Off

A bunch of nitwits thought they would take 5 miles of Michigan Avenue in Detroit and turn it into Michigan’s first attempt at HOV lanes, thereby making a bad traffic situation even worse. They want to reserve the right lane, during prime rush hours, for those who just happen to have two or more people [...]

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Rabid Sports Fans Maniacs

Tuesday, April 15, 2008 7:25 Comments Off

I love sports and always have, since childhood. But I have come to realize that people who obsess on sports are hopeless fools. This is one of those things that makes you realize that people can be disgracefully pathetic. I kept hearing this on CNN radio all day yesterday, over and over: Jinxed Red Sox [...]

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Inflate to End the Housing Mess

Tuesday, April 15, 2008 7:10 Comments Off

From the Wall Street Journal comes this gem from John Makin: “The Inflation Solution to the Housing Mess.” Makin says that Washington will have to nationalize the mortgage industry, or, it could just do the prudent thing and prevent that by printing money. The policy alternatives in the post-housing-bubble world are painfully unpleasant. In my [...]

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Government to Run the Climate

Saturday, April 12, 2008 6:31 Comments Off

The Enviroidiots in California are going to attempt to further influence the direction of global warming policy by building the California Institute for Climate Solutions. The annual budget will be funded by a tax on utilities, and it will be managed by the Public Utilities Commission (PUC), along with chosen intellectuals from California academia. Meanwhile, [...]

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How Quickly They Forget

Saturday, April 12, 2008 6:06 Comments Off

From the Wall Street Journal comes this bit. A transcript of a 2002 Federal Reserve meeting produced this exchange: In December, 2002, according to an FOMC meeting transcript, St. Louis Fed President William Poole was citing the economic significance of the company’s sales of

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When California (Etc., Etc.) Used to be Mexico

Tuesday, April 8, 2008 11:35 Comments Off

Absolut Vodka remembers … What a great ad, but they pulled it due to disapproval from the MSM.

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Women Love Tupperware Tasers

Tuesday, April 8, 2008 9:40 Comments Off

In Arizona, women attend Taser parties that resemble Tupperware get-togethers. In 2007, Taser International released its fits-in-a-purse C2 model, which comes in a variety of colors, including metallic pink. This is the lead story in today’s Detroit News. Michigan lawmakers are trying to add Michigan to the list of states in which folks – outside [...]

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Fed, LLC

Monday, April 7, 2008 7:44 Comments Off

Bill Fleckenstein on bailout nation. Under the current Fed chairman, the central bank’s modus operandi has changed. Not only has the Bernanke Fed strayed far from its long history of supplying liquidity to just AAA government credits, but, via JPMorgan, it is basically setting up an LLC (a limited-liability corporation, similar to a special-purpose investment [...]

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Starbucks Doesn’t Want to “Leave You Alone”?

Monday, April 7, 2008 7:26 Comments Off

I shudder when I link to a piece by him, but this is too good to pass up. (From the Wall Street Journal.) But when my friend Roger Ream, president of the Fund for American Studies, received a Starbucks gift card for Christmas, he found there was a limit to how personalized a card could [...]

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What a CPA Sees

Sunday, April 6, 2008 20:27 Comments Off

When you look at personal tax records and balance sheets every day, you see unrestrained spending and skyrocketing debt.

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