TARP was awful and the GM-Chrysler bailout was terrible, but those wretched pieces of legislation would be surpassed by something even more reprehensible if politicians sign on to this terrible idea to bail out the bloated pension plans of state and local government…
Daily Analysis
Pathetic Greek Government Tries to Blame Speculators
Making himself and the Greek government even more of a global laughingstock, Greece’s President says he wants an investigation into the role of so-called speculators. Yes, I’m being serious. According to Bloomberg, he wants to blame investors who wisely…
An Example of "Bloated" Government
I”m not even sure what to say about this story about new legislation being proposed that would have the federal government track the “Body Mass Index” of American children and spend lots of money and impose lots of rules to reduce childhood obesity….
Portugal Digs Itself into a Deeper Hole with Tax Increases
I feel like a broken record when I write about European fiscal policy. In almost all cases, I cite OECD data showing that countries are in fiscal trouble because of excessive spending rather than inadequate tax revenue. I then show that the politicians are using the…
Terminating Welfare in California?
It’s probably just a insincere negotiating ploy, but Governor Schwarzenegger has proposed to eliminate a major welfare program in California. This article from the Sacramento Bee notes that the Governator also wants to cut bureaucrat pay and impose other…
Obama Seeking Less Competent Bureaucrats.
Here’s some grim news I saw linked to on NRO. Obama wants to lower the bar and reduce the competency of people working in the federal bureaucracy. To be sure, I doubt the “knowledge skills and ability essays” actually produced quality bureaucrats,…
Why Do I Hate Republicans? Let Me Count the Ways.
Apologies to Elizabeth Barrett Browning, but I had to paraphrase her famous line after reading this Bill McGurn column in the Wall Street Journal about how Republican poliitcal hacks in the Illinois state legislature voted to kill a voucher bill that would have…
Great Moments in Local Government.
We should always remember that the federal government may be the biggest problem, but that does not mean that state and local governments should be exempt from scrutiny. A good (or perhaps I should say bad) example of bone-headed stupidity by bureaucrats and…
I Hate the Greeks (and the French, and the Brits, and the Americans).
Actually, that’s too broad of a brush, but I do despise people of any nationality who think that they are entitled to mooch off the labor and capital of others. I also fear for my country because of such people. Benjamin Franklin is rumored to have said that,…
Taxpayers vs Bureaucrats, Part XXIV.
Here’s some more good polling data from the Resurgent Republic website. All demographic groups, including Democrats, agree that excessive pay for federal bureaucrats is a bad thing. Maybe, just maybe, this means the productive people in society are fed up and…