Archive for the 'Economics' Category
Sunday, August 22nd, 2010
At the so-called “Tahoe Summit” last week, our own senior U.S. senator, Unpopular Harry Reid, in between cozying up to fellow moderate Dianne Feinstein (D-San Francisco) and ignoring a call to return the lake to the Washoe Indian tribe (which will probably be able to buy it soon, anyway, the way Indian gaming is going) […]
Full Article Categories: 2010 Election, Economics, Taxation
Tuesday, August 3rd, 2010
As the White House gears up to let the biggest tax hike in American history go into effect on Jan. 1, Treasury Secretary Timothy Geithner — a millionaire banker appointed by Barack Obama despite the fact he cheated on his own income taxes — said July 25 that allowing big tax hikes targeted at wealthy […]
Full Article Categories: Economics, Taxation
Friday, July 23rd, 2010
Government economics sure are weird. Imagine you go to the grocery store and the manager tries to convince you to pay $8 for a gallon of milk — twice the usual price. “But wait,” he says. “I’ll give you a $4 subsidy or rebate for the gallon of milk, which drops the price to an […]
Full Article Categories: Economics, Energy
Thursday, July 15th, 2010
As with many Constitutional provisions, “recess appointments” have come to be used in ways the founders didn’t intend. Presidents now use recess appointments to get a desired appointee into office — at least for a time — over the objections of recalcitrant legislators, especially when the Senate is in the hands of the opposition party. […]
Full Article Categories: 2010 Election, Big Brother, Economics, Medicine
Sunday, July 4th, 2010
I’ve lost track of precisely how many “number one” priorities Barack Obama now has. I believe he recently said cleaning up the Deepwater Horizon oil spill in the Gulf, drilled on a permit issued by the Obama Interior Department in the spring of 2009, which permit contained no emergency plan to deal with a blowout […]
Full Article Categories: Economics
Sunday, June 20th, 2010
A rather heated debate seems to ensuing — in fact, it ensues about every 90 days, merely growing louder at each iteration — about whether the Congress should again “extend unemployment benefits” for the unemployed. The question that draws the most attention, understandably, is whether this is a good idea. As usual, the main question […]
Full Article Categories: Big Brother, Economics
Sunday, June 6th, 2010
If I invoke the phrase “Greek debt crisis,” do your eyelids start to grow heavy? Do you somehow find it difficult to summon up a fresh wave of outrage if someone mentions that when Barack Obama’s National Commission on Fiscal Responsibility and Reform (better known as the Democratic Tax-Hike Justification Front) convened for its second […]
Full Article Categories: 2010 Election, Economics
Sunday, May 9th, 2010
Last week, we were discussing the Obama administration’s anti-freedom agenda. When a political leader snidely ridicules the free market, characterizing those who challenge his initiatives to vastly expand federal regulation and management of the economy as being in the pay of “greedy insurance executives,” “big bankers,” and the like, I don’t see how anyone can […]
Full Article Categories: 2008 Election, 2010 Election, Economics
Sunday, May 9th, 2010
Last week, we were discussing the Obama administration’s anti-freedom, anti-capitalist agenda. When a political leader snidely ridicules the free market, characterizing those who challenge his initiatives to vastly expand federal regulation and management of the economy as being in the pay of “greedy insurance executives,” “big bankers,” and the like, I don’t see how anyone […]
Full Article Categories: 2010 Election, Economics
Friday, May 7th, 2010
Back in 1996, Congress swore it was finally going to wean American farmers off taxpayer subsidies with the “Freedom to Farm” law. The law “allowed” farmers greater flexibility in their planting decisions and moved toward greater reliance on market supply and demand, further offering farmers big one-time payments in exchange for their promise to accept […]
Full Article Categories: Big Brother, Economics, Taxation, Welfare