Weekend 220.0 (Send in the Clowns)

(1) Man Bites Dog “The Obama administration was from the outset a clown car heading for disaster, the unholy issue of ’30s mobsters and ’60s Marxists, slickly packaged for a new generation of suckers.” (2) Noonan: America’s Crisis of Character (WSJ) “There is the General Services Administration scandal. An agency devoted to efficiency is outed […]

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 193.1

To put this in plain terms, Americans and their institutions have tended to choose the self-interest and individualism of the free market over the nationalized model more prevalent in postwar Europe. The faith once put in planning now seems so remote, even obscure, that its historical retrieval faces decades of cavalier indifference or ideological antagonism, […]

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. […]

Connecticut Taxes

(1) Has Connecticut taken a hard turn to the left? (2) Connecticut About To Adopt Amazon Internet Sales Tax (2a) Tax Hikes On Cars, Planes, Jewelry and Drags In Connecticut Budget (3) Negotiator for CT State Employees Brags: ‘They Want to Know How We Did It’ (3a) The ‘Anti-Christie’: What Connecticut Governor Dannel Malloy’s tax […]

Weekend 179.0

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

The Republic’s Bernanke

(1) The Inflation Solution? A wise short seller once told us the secret of his profession: People always underestimate how bad things can get. That is, they see the cliff coming and put faith in decision-makers to avoid the cliff. The problem with the metaphor is there is no cliff, just a succession of decision […]

The Policy of Inflation

Companies Stock Up as Commodities Prices Rise (WSJ) The present valuation will often depend on what people expect the future quantity of money to be. And, as with commodities on the speculative exchanges, each person’s valuation of money is affected not only by what he thinks its value is but by what he thinks is […]

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 […]

Net Neutrality: A government “solution” for a non-problem

(1) The Net Neutrality Coup: The campaign to regulate the Internet was funded by a who’s who of left-liberal foundations. (2) The Obama FCC has regulated the Internet (3) Abolish the FCC Quote There is nothing in life that grows and thrives on its own that a liberal won’t come along and want to regulate […]

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 […]

Mystery Solved: Why Obama crated Sir Winston

How Obama Thinks While the senior Obama called for Africa to free itself from the neocolonial influence of Europe and specifically Britain, he knew when he came to America in 1959 that the global balance of power was shifting. Even then, he recognized what has become a new tenet of anticolonialist ideology: Today’s neocolonial leader […]

‘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 […]

Obama believes in Private Property?

Don’t get too excited. The Distributor-in-Chief only believes in this tenet of Private Enterprise if it supports the construction of a mosque at Ground Zero. A majority of American(s) believe Obama is a socialist but he’s breaking from his Marxist dogma/ideology and using “private property” as a pretense for supporting this display of aberrant grotesquery. […]

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 […]