The fact that government is growing is not big news. The fact that bureaucrats are overpaid is hardly a big revelation. But it is interesting that a DC-based newspaper like Politico has a story about how Washington is prospering while the rest of the country is suffering. Too bad they didn’t connect the dots and […]
read more...The Wall Street Journal opines about the number of new regulations that will be generated by the so-called financial reform legislation that has been approved by Congress. The big winners will by lawyers, the federal bureaucracy, and politicians. The big losers will be shareholders and consumers. The Dodd-Frank financial reform bill passed by the Senate yesterday […]
read more...The Obama Administration has decided to mandate that insurance companies provide dozens of tests to consumers at no charge. Any person with an IQ that is above room temperature understands, of course, that this doesn’t mean there is no cost for the tests. It just means that the costs are borne indirectly, most likely in […]
read more...Walter Williams explains how Roosevelt’s policies extended the Great Depression. SInce Obama apparently would like to be the new FDR, this does not bode well for America’s future. The good news, so to speak, is that Obama’s policies are not nearly as bad as what Roosevelt (and Hoover) enacted, so America today is experiencing sub-par […]
read more...Oakland politicans have created a fiscal crisis by spending too much money. This has caused strife with the police union according to a San Francisco paper. The details of the fight are not very remarkable, but I was stunned to read that the average compensation for a cop is $188,000 per year. I have plenty of […]
read more...The Financial Times reports that the number of Americans giving up their citizenship to protect their families from America’s onerous worldwide tax system has jumped rapidly. Even relatively high-tax nations such as the United Kingdom are attractive compared to the class-warfare system that Obama is creating in the United States. I run into people like […]
read more...It is common to mock paper-pushing bureaucrats and nanny-state politicians for silly laws and mindless regulations, but sometimes absurd policies translate into genuine oppression. John Stossel outlines some of the disturbing ways that the American people are being mistreated. Something’s happened to America, and it isn’t good. It’s become easier to get into trouble. We’ve become a nation […]
read more...The tax benefits of LeBron James’ move to Miami have received a lot of attention, but there’s an even more interesting case on the other side of the Atlantic. The tax laws in the United Kingdom are so punitive that Usain Bolt might actually lose money if he took a big check for competing in England […]
read more...I cross swords with my long-time nemesis, Christian Weller. I suspect the most interesting part of the debate, however, is when I jump on one of the hosts for asserting that the Bush years were some sort of laissez-faire episode. How often do you get to ask for drugs on national TV?
read more...This MSNBC interview was halfway through before I got a chance to talk, so I was beginning to think I was a victim of bias, but then the host mentioned Greece degenerating like a scene out of Atlas Shrugged. I’m not sure what to think, but I did get in some good shots at Keynesianism. I […]
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