Archive for October 2011

Taxes The Price of Civilization — Or The Cost of Tyranny?

The book description at Amazon begins: “Jeffrey D. Sachs has been at the forefront of international economic problem solving. But Sachs turns his attention back home in The Price of Civilization, a book that is essential reading for every American. In a forceful, impassioned, and personal voice, he offers not only a searing and incisive…

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37% of Americans Support Occupy Movement

Media spin reports this as “more than a third of Americans…” Yeah, that makes it sound bigger than 37% doesn’t it. In addition to photos of bums defecating on cop cars, which I didn’t have the nerve to post here (no sense in grossing out my readers), here is what that 37% supports (will gross…

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Obama’s Failed Stimulus Cost More Than The Iraq War

That’s right. The stimulus cost $862 Billion, the Iraq War cost $709 Billion. The stimulus was a failure, we got little from the stimulus but a huge deficit for future generations to pay off. The Iraq war, dubbed operation Iraqi Freedom was a success. The Iraqi people are free. Whether they stay that way is…

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My City Was Gone

What kind of a city allows this to happen? What kind of a city allows this to be representative of large swaths of it? What political party has been in charge of absolutely everything in this city for 80 years? What’s stopping someone from snapping this property up at a bargain price and turning it…

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How Low Can He Go?

Lower apparently.  Gallup’s latest poll of Obama’s approval rating: President Barack Obama’s 11th quarter in office was the worst of his administration, based on his quarterly average job approval ratings. His 41% approval average is down six percentage points from his 10th quarter in office, and is nearly four points below his previous low of 45% during…

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Wall Street Loves Obama

Well, I looks like they do.  Consider this headline from the Washington Post: Obama still flush with cash from financial sector despite frosty relations Despite frosty relations with the titans of Wall Street, President Obama has still managed to raise far more money this year from the financial and banking sector than Mitt Romney or any other Republican presidential…

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Introduction to Public Choice Theory

You many have heard of “Public Choice Theory”, the name for the scholarship that won James M. Buchanan a Nobel Prize in Economics in 1986.  If you aren’t familiar with it the short answer is that it explains how and why government economic policy is set not by anything to do with the principles of…

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