Not everyone has seen the crazed Greg Mankiw article from last week. He says we need to pay people to borrow. He says we could force excessive inflation: Suppose that, looking ahead, the Fed commits itself to producing significant inflation. In this case, while nominal interest rates could remain at zero, real interest rates – [...]

My new article is up at Taki Magazine: “A Nation of Helpless Idiots.”

Right here.

“What this legislation does, then, is to help harness this patriotism and connect deeds to needs…’” The national service bill, says Obama, will “remake the nation.” I noted this statement from the article: “Obama on Tuesday also nominated Nike Inc. vice president Maria Eitel to lead the federal agency that oversees the country’s national service [...]

The Federal Reserve, with its money-pumping machine distorting credit markets and interest rates, along with creating piles of debt among the citizenry, is a totalitarian and destructive force. The Fed destroys time preferences because it turns people into consumption-oriented, gotta-have-it-now debt addicts. The Fed has wrecked the housing market and turned homes into leveraged bets. [...]

“There’s no rational reason we should allow people to possess semiautomatic assault weapons.” That “assault” follows “semiautomatic” is not by accident. Pennsylvania Gov. Ed Rendell (D) is looking for a ban on “assault” weapons. (See Michael Gaddy on this issue.) These people look for any opening to take away more and more of our rights. [...]

Sick. Grown men watching *teenage* girls trying on prom gowns for a charity event at a mall. Little girls bothering no one. Question – what are FBI agents doing in a satellite control room in a mall in Morgantown, WV? Here’s the stupid comment of the day. Organizer Cynthia Woodyard said volunteers, donors and participants [...]

Says this Department of Homeland Insecurity report: “rightwing extremists may be gaining new recruits by playing on their fears about several emergent issues. The economic downturn and the election of the first African American president present unique drivers for rightwing radicalization and recruitment.” I’ve said time and time again that the government (think Eric Holder’s [...]

The Las Vegas City Center. Poster Child for the correction. One academic thinks it’s “too big to fail.”

Life under thought reform at the University of Delaware. Watch the video embedded in this article and note the student interviews and the heroic Shakespeare scholar, Jan Blits, who stood up and spoke out against the madness and fought the conformity police.