Thursday, July 31
Wednesday, July 23
Tuesday, July 22
"A recent study by the Centre for Policy Studies think-tank warned that the 'proliferation and variety' of such laws mean householders can no longer 'realistically be aware' of their rights and legal obligations." Ya think?
Monday, July 21
Broken down a bit by Jim Lindgren...
So – if Obama means what he says – his civilian national security corps would cost at least another $100 billion a year, and perhaps as much as $500 billion a year. With total federal income taxes of $935 billion in 2005, Obama's proposal would mean using up to half of all federal income tax revenues just to fund his promise “to have a civilian national security force that's just as powerful, just as strong, just as well-funded” as the military.
Three quick reasons to fear this even if you really like the guy proposing it:
2. Invasiveness- what part of the country wouldn't be covered by a corps?
3. Imagine this army of "armies" under the control of a president you don't like so much.
Friday, July 18
"My fellow Americans," Bush said, "at long last, we have reached the end of the dark period in American history that will come to be known as the Clinton Era, eight long years characterized by unprecedented economic expansion, a sharp decrease in crime, and sustained peace overseas. The time has come to put all of that behind us."
Wednesday, July 16
That is, for the average American, the government keeps every dollar the worker earned earned from January 1, 2008 up until yesterday.
Tuesday, July 8
So do we really expect Congress to learn from history, or do we expect them to blame the speculators?
The bulbous root is the only commodity for which futures trading is banned. Back in 1958, onion growers convinced themselves that futures traders (and not the new farms sprouting up in Wisconsin) were responsible for falling onion prices, so they lobbied an up-and-coming Michigan Congressman named Gerald Ford to push through a law banning all futures trading in onions. The law still stands.
And yet even with no traders to blame, the volatility in onion prices makes the swings in oil and corn look tame, reinforcing academics' belief that futures trading diminishes extreme price swings.
Since 2006, oil prices have risen 100%, and corn is up 300%. But onion prices soared 400% between October 2006 and April 2007...
Thursday, July 3
Things to help you remember your love for America: great economic freedom; being able to eat what you want; being able to be an offensive jerk without speech police; growing freedom to love whom you want; still the place for science and genius.
Things that remind you of your disappointment with America: the low (48th) ranking in Press Freedom; not being able to eat what you want; our share of scary cops; 35 years of bad drug policy.
The founding of most nations, if you go back far enough, revolves around some guy with an army beating some other guy's army and carving out a kingdom for himself based on the spoils. That, and ethnic identity (England, i.e., land of the English).
I think it's pretty cool that country I call home was founded on some really awesome ideas, as imperfectly realized as they may be.