This cartoon is not new, but it succinctly captures what happened with that part of the TARP bailout. The only thing missing is some way of showing the government officials and political insiders who received undeserved wealth while the Fannie-Freddie scam was operating.
read more...Maybe I’m crazy, or maybe I’m just getting into the Christmas spirit, but I saw this photo of Fed Chairman Ben Bernanke on the Drudge Report and my mind instantly connected his image with this character from “The Grinch Who Stole Christmas.” This might explain Bernanke’s QE2 policy. I can see a film being released […]
read more...Freedom, liberty, and common sense are all good things, which explains why I criticize the TSA’s bureaucratic approach to airport safety. But I’m a glass-half-full guy, so here’s one good argument for the TSA’s new guidelines. And since we’re having some fun at TSA’s expense, here’s how the Taiwanese interpret our policy.
read more...Here’s what Conan had to say about the Transportation Security Administration on his new late-night talk show. In San Diego, a man refused to be patted down by airport security and some people are calling him a hero. I don’t mind being patted down by airport security, but I don’t like it when the guy […]
read more...If we believe in truth-in-advertising, TSA bureaucrats should wear these t-shirts as they get their cheap thrills.
read more...A good lesson for all children, though I tried to indoctrinate my kids throughout the year by explaining that we couldn’t buy certain things because the government stole too much of our money.
read more...Here’s a great one-liner from Craig Ferguson, one of the late-night TV talk show hosts. Bedbugs were also found in government buildings in Washington D.C. I can’t believe they have to deal with those blood-sucking pests. Poor bedbugs. I’m not sure if he’s referring to politicians, bureaucrats, or both. Regardless, his jab is right on […]
read more...This is just a rumor, but some of the “stimulus” money has been spent to buy new pencil sharpeners for the IRS. Apparently, the new equipment puts agents in the right frame of mind before auditing taxpayers.
read more...This little story appeared in my inbox. It’s obviously meant to illustrate the perverse incentive structure created by redistribution, but one wonders why statists in the academic world don’t follow through on their convictions and use this grading system. A professor said he had never failed a single student before but had, once, failed an […]
read more...I don’t like wasteful government spending, but it really adds insult to injury when politicians use my tax dollars for political propaganda. A nauseating example of this practice are the highway signs highlighting how projects are funded by the so-called stimulus. In my young and reckless days, they would have been ideal targets for vandalism. […]
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