I think it may be time to update the dictionary definition of irony. George Soros, the billionaire who finances statist organizations and causes in order to promote more government, has decided that he doesn’t want to deal with some of the new regulatory burdens resulting from the Dodd-Frank bailout legislation. Consider this blurb from the […]

Here’s a recent interview with Neil Cavuto about bailouts for Fannie Mae, one of the government-created entities used by Barney Frank, et al, to subsidize housing (and line the pockets of well-connected political insiders). My main concern is not the bailouts, which surely are odious, but whether we can at least limit future damage by […]

If you want to understand how government intervention screws up markets and damages an economy, there are two new publications worth reading. First, pick up a copy of Reckless Endangerment, a new book by Gretchen Morgenson of the New York Times, and Joshua Rosner, an expert on housing finance. I’ll confess I haven’t read the […]

e left is desperately trying to maneuver Republicans into going along with a tax increase. And they are smart to make this their top goal. After all, it will be very difficult – if not impossible – to increase the burden of government spending without more revenue coming to Washington. But how to make this […]

The libertarian position is that government should be totally neutral whenever there is a conflict between labor and management. Unfortunately, politicians usually tilt the playing field in favor of unions, largely in response to big campaign contributions. This issue has been in the news because of the Obama Administration’s thuggish move to block Boeing from […]

Most of us have probably heard the joke about the moronic salesman who admitted to losing money on each sale but was hoping to make it up with higher volume. E.J. Dionne of the Washington Post is taking this financial approach to a new level. His column today asserts the auto bailout was a success […]

Both President Reagan and President Obama had to deal with serious economic dislocation upon taking office. But they used radically different approaches to deal with the problems they inherited. Reagan sought to reduce the burden of government, whereas Obama viewed government as an engine of growth. So who had the right approach? This image, taken […]