I suggested last year that President Obama adopt “my work here is done” as a campaign slogan. Admittedly, that was merely an excuse to share this rather amusing poster (and you can see the same hands-on-hips pose, by the way, in this clever Michael Ramirez cartoon). But I want to make a serious point. For […]
read more...After the financial crisis, the consensus among government officials was that we needed more regulation. This irked me in two ways. 1. I don’t want more costly red tape in America, particularly when the evidence is quite strong that the crisis was caused by government intervention. Needless to say, the politicians ignored my advice and […]
read more...The Obama Administration is proposing to once again put the economy at risk by subsidizing banks to give mortgages to people with poor credit, even though we’re still dealing with the economic and fiscal damage caused by the last episode of government housing subsidies!
read more...As part of my “Question of the Week” series, I had to decide which department of the federal government was most deserving of abolition. With a target-rich environment of waste, fraud, and abuse in Washington, that wasn’t an easy question to answer. But I decided to pick the Department of Housing and Urban Development, and […]
read more...A reader sent an email to ask “Which federal department should be abolished first?” I guess this is what is meant when people talk about a target-rich environment. We have an abundance of candidates, including the Department of Education, Department of Agriculture, Department of Energy, Department of Commerce, Department of Transportation, etc. But if I […]
read more...Even though I knew some people would call me Scrooge, I wrote a few days ago about why we should get rid of the tax deduction for charitable contributions in exchange for lower tax rates. Simply stated, I’m a big advocate of fundamental tax reform, and I would like to scrap the corrupt internal revenue […]
read more...I don’t like coercive redistribution. But I really hate redistribution from ordinary people to rich and powerful vested interests, and I even developed an “ethical bleeding heart” rule to express my disdain for this approach. Especially since programs that redistribute from the poor to the rich almost always involve corruption – often involving morally bankrupt […]
read more...Remember my post from a week ago when I said I was not a Republican even though Ronald Reagan and Calvin Coolidge are two of my heroes? Well, now I have another reason to despise the GOP. Those reprehensible statists just voted to expand federal housing subsidies. Here are some excerpts from an excellent National Review column […]
read more...I have no idea whether George Santayana was a good philosopher, but he certainly was right when he wrote, “Those who do not learn from history are doomed to repeat it.” Consider the fools in the U.S. Senate. They just voted to expand Fannie Mae and Freddie Mac subsidies, apparently thinking that re-inflating the housing […]
read more...I’ve previously explained that the federal government should have no role in housing and that the Department of Housing and Urban Development should be abolished. If I haven’t convinced you, then you should watch this powerful video from the folks at Reason TV. What an outrage. Politicians create a program, claiming that they will help […]
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