I haven’t commented on what’s been happening in Libya, Egypt, and the rest of the Arab world. This isn’t because I don’t care, but rather because I don’t have much knowledge about the area and I’m not sure what, if anything, the United States should do. Or could do. I…
Daily Analysis
Global Warming Protest!
Al Gore really knows how to get a good turnout.
Tax Lawyers, Tax Complexity, and the Broader Problem of a Self-Serving Legal Profession
The internal revenue code is nightmarishly complex, as illustrated by this video. Americans spend more than 7 billion hours each year in a hopeless effort to figure out how to deal with more than 7 million words of tax law and regulation. Why does this mess exist? The…
Walter Williams Is Skeptical about the House GOP Pledge to Obey the Constitution
Walter Williams has a column about the House GOP’s commitment to make sure legislation is consistent with the Constitution. As with most things he writes, it is very much worth reading. Walter starts by explaining what Boehner and the rest of the Republicans have…
What Thanksgiving Will Be Like after Six More Years of Obama (Followed by Four Years of Bloomberg)
“Winston, come into the dining room, it’s time to eat,” Julia yelled to her husband. “In a minute, Honey, it’s a tie score,” he answered, stalling for time. Actually Winston wasn’t very interested in the traditional holiday football game between Detroit and…
Blaming Tea Party for Giffords Attack Is Political Sleaze of the Worst Sort
A crazy nut in Arizona goes on a shooting spree, wounding a Congresswoman and killing several people – including a nine-year old child. Normal people immediately have two thoughts – grief for the victims and a visceral desire to catch and punish the thug. A lot of…
Who Knew the TSA Was so Productive?
I suppose there’s a slight possibility, perhaps asymptotically approaching 100 percent, that this is a parody rather than a real press release, so enjoy with appropriate skepticism.
Why Can’t We Copy those Radical Free-Market Canadians and Privatize the Air Traffic Control System?
Like most federal agencies, the Federal Aviation Administration is a costly bureaucracy. Its $16.4 billion budget is enormous, but that is just the direct cost borne by taxpayers. The indirect costs, such as inefficiencies imposed on the air transportation system,…
Merry Christmas from Ben Bernanke
The Chairman of the Federal Reserve is such a swell guy, but you already would know that if you saw his Facebook page. Well, thanks to his “QE2 plan,” he’s giving the rest of us a very thoughtful Christmas present. To be fair, I suppose it should be noted that…
Even Santa Claus Is Having a Tough Time with Uncle Sam
Merry Christmas to all. Let’s hope Santa returns next year, notwithstanding all the hassle of dealing with government.