Swope Redux

(1) Checkmate: The Economic Chess Masters Play a Losing Game (National Review) “The nature of our technologically enabled present global connectedness means that for the first time in human history all economic activity happens in immediate relation to everything else. You cannot isolate the variables, which is a real problem if you believe in political […]

Weekend 234.1 (the Hive Mind)

(1) The Joys of Urban Tech: Goodbye, office parks. Drawn by amenities and talent, tech firms are opting for cities (WSJ) (2) Orwell’s Guide to Making Jam: George Orwell’s show a man famous for his political journalism more concerned with raising chickens. (WSJ) Orwell is still (maybe more) relevant today… The familiar tirades against “escapism,” […]

Weekend 217.1 (Crony Capitalism Edition)

Crony Capitalism ALERT Rival: City’s bike-sharing program ‘tainted’ A rival bidder is trying to put the brakes on Chicago’s plan to launch the nation’s largest bike sharing program — by claiming the path was greased for an Oregon company where Mayor Rahm Emanuel’s transportation commissioner once worked. Josh Squire, owner of Bike Chicago, charged that […]

Weekend 192.1

(1) Trouble on the China Express (WSJ) In a blistering essay titled “The Derailed Country,” posted online this past week and then quickly removed by censors, Han Han, one of China’s most popular bloggers, mocked the leadership for what he characterized as a heartless approach to development. “They think: ‘We built this. We built that. […]

Weekend 179.0

(1) China’s train wreck (2) The Disappearing Dollar (3) Is “Conservative Environmentalist” an Oxymoron?

NY Times on Government Perversion

Jury duty. You endure CNN and watch some crappy video about how judges don’t legislate from the bench. I don’t typically use my blog to rant so I’ll spare all three of my reader(s) the histrionics. It was a fairly productive morning (completed a workbook my accountant provides me each year) and the lawyer sitting […]

Weekend 156.0

(1) 12 Awesome Airplane Paint Jobs (2) How to Turn a Recession into a Depression (2a) “As hostility to businessmen grows, politicians tax them more heavily, while debasing and inflating the currency to maintain an illusion of prosperity. Then, when these policies cause rising price levels, a deluded populace demands price controls, which ambitious politicians […]

‘Unexpected’ Priorities: Mosque versus U.S. Unemployment/Double Dip Recession

(1) Poll shows more Americans think Obama is a Muslim (The Washington Post) (2) Obama’s Point of No Return “With Obama, suspicions have involved his status as an American. The foreign parentage, the registration in an Indonesian school noting him as a Muslim, the uproar over the birth certificate aroused misgivings that, despite media scorn […]

Economic strategy of public debt…$862B

The Obsolescence of Barack Obama (WSJ) The vaunted Obama economic stimulus, at $862 billion, has failed. The “progressives” want to double down, and were they to have their way, would have pushed for a bigger stimulus still. But the American people are in open rebellion against an economic strategy of public debt, higher taxes and […]

Horse Tranquilizer…Aisle 3

The Pelosi-Reid Economy (Forbes) Stimulus. TARP. ObamaCare. These three words are being written into the political obituaries of politicians who voted for the programs–for good reason. These three bills, made law by the Pelosi-Reid Congress in only three years, will take decades’ worth of work by regular folks, who dutifully clock in and out of […]

Red Ink

A Weakened U.S. Goes to the G-20 The American leaders are under the illusion that their Keynesian spending and easy money policies actually have worked, 10% unemployment notwithstanding. It surely must have occurred to some Europeans that lectures on fiscal rectitude from the Americans display a modicum of hypocrisy. The German Bundestag is hearing the […]

Socialism: Lather, rinse, repeat

Death of the Postmodernist Dream by Victor Davis Hanson “The Greek meltdown — with Ireland, Italy, Portugal, and Spain on the brink — has shown that European socialism does not work. Bankruptcy, not politics, is the final arbiter: Individuals, firms, and nations either buy particular bonds or they don’t. And a nation like Greece, in […]

Socialism: Perception versus Reality

Perception Gordon Brown, said on leaving, “I tried to make the country fairer.” Source Reality At over 50% of national income, the public sector in the U.K. is now as big as in Scandinavia, higher than in Germany, and up from the roughly 40% it accounted for when Margaret Thatcher left power to the early […]

Obama’s Faustian Deal

The We’re-Not-Europe Party (WSJ) “For Americans, this has been a two-week cram course in what not to be if you hope to have a vibrant future. What was once an unfocused criticism of Mr. Obama and the Democrats, that they are nudging America toward a European-style social-market economy, came to awful life in the panicked, […]