Archive for April, 2008
Another Problem That Needs a Government Fix
Sunday, April 6, 2008 19:58 Comments OffDiversifying baseball. There are not enough blacks playing baseball or attending baseball games. Gasp! The D.C. stadium attempts to fix that, at a massive cost to taxpayers. In 1995, 19 percent of major leaguers were African American. This year, that number has dwindled to less than 9 percent. Though the league has a sizeable percentage [...]
Putting it Mildly
Sunday, April 6, 2008 19:48 Comments OffOn CNBC’s Squawk Box the other morning, while trying to explain the current economic problems, it was said that “American society has become very short-sighted.” Stuff like this will encourage more of the same.
Let’s Foreclose on the Foreclosure Prevention Act of 2008
Sunday, April 6, 2008 18:24 Comments OffThe Foreclosure Prevention Act of 2008 is another New Deal-style power grab that includes some significant provisions, especially the gravy for homebuilders. Extension of Net Operating Loss Carryback. To aid homebuilders and other businesses hit hardest by the economic slump, this bill will extend a law allowing corporations to apply excess net operating losses to [...]
Vulgar Logic
Saturday, April 5, 2008 10:13 Comments OffThis is a most common and twisted justification for government, and empowered bureaucrats feast on every opportunity to drum this baloney into the brains of the advice-seeking masses. Manuel Lora’s post. David Kessler as quoted in Robert Higg’s “The FDA: A Billy Club Is Not A Substitute for Eyeglasses” (from Against Leviathan): “If members of [...]
Good Thing New Hampshire is a Free State…
Friday, April 4, 2008 17:31 Comments OffGranny was thrown into jail by Portsmouth police for old parking tickets in the amount of $90. She was nabbed by cops while she pumped gas!, handcuffed, and taken to jail while her elderly dog was impounded. This same town has had their enforcers arresting people for E-ZPass (toll) defaults of less than $1. That [...]
The Only Time I Like Mathenomics
Friday, April 4, 2008 17:31 Comments OffIs when the neoclassicals unwittingly produce a study – from the Journal of Public Economics – that shows that smoking bans lead to more drunk driving. The authors, Scott Adams of the University of Wisconsin-Milwaukee Economics Department and Chad Cotti, currently at the University of South Carolina, call the results “surprising.” “We thought we would [...]
The New Fed Gig
Tuesday, April 1, 2008 21:34 Comments OffPennycents magazine, which covers micro-cap, penny stocks and otcbb equities, points out that the government’s latest coup – giving the Federal Reserve control over the financial industry – is a power grab that investors should not take lightly. In the last 68 years, there has been only one such major change in regulatory authority in [...]
Cash for Good Behavior
Tuesday, April 1, 2008 21:10 Comments OffLenders taking back homes in foreclosure – especially in Las Vegas – are having to offer the occupants “cash for keys” in order to get them to leave the home without vandalizing it out of spite due to their unwelcome situation. It seems a large number of people actually trash their (former) home before they [...]



