Archive for the 'Economics' Category

The proud track record of government subsidies

Friday, September 9th, 2011

Sen, Harry Reid, D-Nev., staged his fourth annual “National Clean Energy Summit” at the Aria hotel-casino in Las Vegas during the final days of August. Tellingly, most of the featured speakers were not energy engineers or even entrepreneurs, but left-leaning politicians, including Vice President Joe Biden.

Nice wood you got there. Consider it seized.

Sunday, September 4th, 2011

That “laser-like focus” of the Obama administration on jobs? Maybe they meant “on destroying jobs.”

Spinal Tap, the Schmenge Brothers, and now … The Great Debt Ceiling Debate

Sunday, July 24th, 2011

Wow. Talk about alienating your base. Did you see where the AARP disowned Barack Obama, vowing to support his 2012 Republican challenger (whoever that may be), after the president called for bumping the Social Security and Medicare retirement ages to 70, and then “means testing” both programs, cutting off benefits to anyone whose home and […]

‘. . . Without which the United States will default’

Sunday, July 17th, 2011

I happened to tune in a news broadcast on National Public Radio as I was driving home last week. The newscaster said progress was slow, but President Barack Obama still holds out hope for a deal to raise the national debt ceiling by Aug. 2, without which the United States will default on its debt.

‘They’ve lost their jobs and so we’re defaulting all the time’

Monday, July 4th, 2011

“Of course everyone agrees a failure to raise the debt ceiling would have devastating repercussions for our economy,” says the voice on the radio — one of a myriad. “But what the Republicans have to be sure they get in any deal to raise the debt ceiling is a firm commitment to cut spending in […]

The whole problem is ‘tax breaks for millionaires and billionaires’

Saturday, July 2nd, 2011

This “post-partisan” president was going to “bring us all together,” some may recall. But at his press conference last Wednesday, President Obama said: “If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, … then that means we’ve got to cut […]

It’s the same old song

Tuesday, June 28th, 2011

Bill Clinton presumably didn’t do much to smooth over his family feud with “upstart” President Barack Obama — running scared from today’s already heavily understated jobless numbers — when the former president came up with a plan, published in last week’s Newsweek, called “14 Ways to Put America Back to Work.” It would have been […]

In favor of annual flooding and the Liberty Dollar

Sunday, June 19th, 2011

Lots of media coverage of flooding in the Midwest and South this spring, presumably because there was lots of flooding. I’m sure this either proves or disproves that the globe is warming, or both.

Is the administration accusing ITSELF of running a Ponzi scheme?

Tuesday, May 3rd, 2011

Back in January, Austan Goolsbee of the White House Council of Economic Advisers started chanting for public consumption that if Congress fails to raise the debt ceiling this May the “impact on the economy would be catastrophic,” due to the fact the government would have to stop borrowing money and might default. On Jan. 6, […]

Be the first kid on your block to live in a cardboard box

Sunday, March 13th, 2011

As we saw last week in the “Girl Scout cookies” case out of Savannah, Georgia, government — which was supposed to provide a level playing field by providing courts of law and barring interstate tariffs but otherwise stay out of the way — is destroying our economy, largely to protect the jobs of all its […]