I’ve written several times about a proposed IRS regulation that would force American banks to put foreign law above U.S. law. I’ve repeatedly warned that the scheme, which would force financial institutions to report the deposit interest they pay to foreigners, is bad economic policy, bad regulatory policy, and bad banking policy. My arguments have […]

Every so often (about 362 days per year), I come to the conclusion that government is a racket for the benefit of special interests. Greece  would be an example. And if we limit ourselves to the United States, California is probably the poster child for a kleptocracy masquerading as a government. Here are some absurd […]

This narrator probably won’t get rich, like the guy who did the “Girls Gone Wild” videos, but this is the second-best video I’ve ever seen on the bloated and overpaid government workforce. I especially like how he understands that the problem is the size of government, and I also admire his recognition that Republicans often […]

I’ve done a video on excessive compensation for bureaucrats and I’ve written many times about wasteful spending, but here’s a cartoon that manages to effectively combine both concepts. If your eyes are getting old like mine, you may need to click on the image to read everything. This cartoon is good, but here’s another that […]

Politicians in Europe have spent decades creating a fiscal crisis by violating Mitchell’s Golden Rule and letting the government grow faster than the private sector. As a result, government is far too big today, and nations such as Greece are in the process of fiscal collapse. But that’s the good news – at least relatively […]

I must not be very bright. Even after decades of experience in Washington, I still have this naive belief that bureaucrats and politicians will occasionally do the right thing – even if for no other reason other than to cover their rear ends after being caught doing something flagrantly wasteful and reprehensible. So when Senator […]

The federal government fires so few of it’s workers that bureaucrats at a number of agencies are more likely to die in office than get a pink slip: Death — rather than poor performance, misconduct or layoffs — is the primary threat to job security at the Environmental Protection Agency, the Small Business Administration, the […]

Walter Williams has pointed out on many occasions that many government programs and initiatives exist primarily for the benefit of the bureaucracy, and he coined the phrase “poverty pimps” to describe the folks who get comfortable government jobs to operate programs that don’t help – and often hurt – disadvantaged populations. We may need a […]

Or is it another example of the “wussification of America?” I don’t know how to classify this story, other than it is a sad commentary on what is happening to America. Bureaucrats in Maryland, who obviously have too much time on their hands, are issuing rules governing sunscreen on summer camps. Have we really reached […]

Regular readers know that I don’t have high regard for government. I’m willing to believe just about anything bad about politicians and bureaucrats, and I am not the least bit surprised when I hear horror stories about counterproductive government programs riddled with waste, fraud, and abuse. So you can imagine that it takes something truly […]