Archive for November, 2008

Breeding Policy Wonks and Good Central Planners

Tuesday, November 25, 2008 18:35 Comments Off

Caroline Baum calls it preparing a “new class of leaders,” but this is just another pathetic case of government and universities (I repeat myself) educating young people to think completely inside the limits set for them and become tyrants and central planners faithful to the state. Of course, the only point of debate is how [...]

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State Swindle “for Tots”

Tuesday, November 25, 2008 18:34 Comments Off

When I heard this story on NPR last night, it was told as a feel-good holiday piece. I would like to believe that you don’t have to be super-intelligent, nor do you have to be an anti-state libertarian to understand that this is extortion, and it is oppressive. The cops in Sansom Park, TX are [...]

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Obsolete Ideas from Dead Living Economists

Tuesday, November 25, 2008 18:34 Comments Off

In the New York Review of Books, Paul Krugman calls for a “good old Keynesian stimulus.” He says we need to mimic Japan, Sweden, and FDR in terms of our strategy for giving new life to dead banks. Krugman, like Laurence Kotlikoff, is horrified that people are starting to save money. Therefore, he says, the [...]

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Another Reason to Skip College

Tuesday, November 25, 2008 18:32 Comments Off

This article claims that student loan defaults are still under 10%, which I find hard to believe. That’s a far cry from the late 1980s, when student-loan default rates skyrocketed to as high as 30%. That prompted state and federal governments to pass legislation allowing them to seize income-tax refunds, withhold professional licenses and enlist [...]

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Toys for the Depression

Monday, November 24, 2008 21:53 Comments Off

Easy-Bake Oven, Lincoln Logs, Rock ‘Em, Sock ‘Em Robots, Slinky, Colorforms, TinkerToys, Hungry Hungry Hippos, and Nerf – they’re all making a comeback this year.

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I’ll Miss John Dingell

Monday, November 24, 2008 21:53 Comments Off

The essence of old-guard Washington, Rep. Dingell will be missed in his role as as chairman of the Energy and Commerce Committee. Sound crazy? No. Do I like him? Not. But Dingell has been the last line of defense who stood between the social engineering EnviroCommunists and the cars we drive. Call this Obama’s coup. [...]

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What the Government and Citigroup Aren’t Telling You About Its “Very Strong Capital”

Monday, November 24, 2008 21:52 Comments Off

All fluff and no substance. Jonathan Weil says it so well that there is little to add. This is similar to General Motors only far worse because 1) GM did write down its fluff, and 2) Citi is a financial services company and thus has gamed its regulatory capital, which would be a serious offense [...]

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Will Nanny Hour Put an End to Happy Hour?

Sunday, November 23, 2008 6:43 Comments Off

Lifestyle Planners in Britain are considering banning happy hour discounts at bars and restaurants. “They are considering a ban on a number of practices, including drinking games and speed-drinking events popular at some British pubs.” I especially note this passage in the article: “health advocates warned that a rise in liver-related deaths among young people [...]

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Remington 870 Express

Sunday, November 23, 2008 2:26 Comments Off

I bought one of these today, barely used, for $190 out the door. It’s another great option for home defense because of its size, light weight, and slick action. Ammo is so scarce I could not find more than 200 rounds of American-made .38 full metal jackets … at a gun show. The new Messiah [...]

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Michael Moore is Mad

Sunday, November 23, 2008 1:59 Comments Off

Watch this video of Michael Moore on Larry King … if you can stand it.

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