Great news, our descent into Hell is taking place at a slower pace
Don’t you love the way the NYT reports all bad economic news under Obama? Somehow everything is oddly turned into good news.
Big Government and the 4th of July
As we prepare to celebrate the 233rd anniversary of the signing of the Declaration of Independence we should recall why the American colonists made their decision to break away from the British Empire. The Declaration, in the enumerated grievances against the British Crown, makes it crystal clear that the cause was Big Government.
I explain this in a new piece of mine, “A Declaration of Independence from Big Government.”
Why the Crisis Hasn’t Ended
Why hasn’t the crisis ended as yet? It should have been all over with and forgotten by the first of last February. If so, the whole troubled world would have already issued a huge sigh of relief.
Free Bernie Madoff
What is the point of jailing him? He is no direct threat to anyone. Society would not be safer with him in the slammer. He is not going to rob people or beat people up. He might write a book and donate the funds to charity or make some restitution to his victims. I, for one, would like to read that book. Instead, taxpayers will be forced to pick up the tab for his living expenses until his death.
“It’s Discrimination!”
If there were a prize for the most boneheaded thing that one hears very frequently, it would have to be the astonishment and revulsion that is commonly expressed at the existence of discrimination. You are likely to have heard this horrified expression before: “It’s discrimination!” Heavens above! Alert the authorities!
Centocor v. Abbott: Biggest Patent Verdict Ever.
From a post by Joe Mullin: Centocor v. Abbott: Biggest Patent Verdict Ever.:
75 Years of Housing Fascism
On June 28, 1934, Franklin Delano Roosevelt signed into law the National Housing Act (NHA) of 1934.
Why Obamacare Can’t Work: The Calculation Argument
Obama’s ideas on payment reform to change how Medicare pays providers, and knowledge reform to investigate which treatments are most cost effective will never work and will increase costs and reduce quality.
CNBC Hates Saving
It must be difficult to maintain a constant barrage of “just breaking” financial news, but CNBC really puts out some doozies. Take for example a recent article: “Higher Savings Rate Is Great, But What About the Economy?”
Mish Should Ditch His Deflation Fears
We who are advocates of sound, free-market money need to get our story straight. Are we predicting hyperinflation or massive deflation? Personally, I am much more worried about the former problem.
