I don’t know what I find more disturbing; The tragic terroristic assault in Mumbai or…… the trampling to death of a Walmart employee by customers seeking bargain prices on worthless shit….. …. the day after Thanksgiving.
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The ‘Myth of the Rational Voter’ by Bryan Caplan offers an enlightening explanation of our political reality. 1. Unlike market behavior voting behavior is irrational because the cost of being irrational is low. Unlike your decision on how to spend
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The Republicans have been so dismembered that they will have little influence on Obama’s administration. He will likely find his real opponents within this own party. When Clinton was first elected the party pushed too far left, primarily with Hillary
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The challenge to controlling health care cost is whether you can control cost without reducing choice. That is what sunk Hillary Care. If government wants to provide a benefit it should actually pay the cost. By forcing health care providers
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In the November 10, 2008 Newsweek, economist Robert Samuelson describes the economic shift with the phrase “affluent deprivation”. Income gains will be modest and largely siphoned by increases in taxes, energy costs, and health care spending. Growth which was largely
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The biggest difference between the Democrats and the Republicans in economic policy is the difference in emphasis between production and consumption. Congress is considering another series of ‘stimulation’ packages designed to deliver money into the hands of consumers. They believe
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Taxes: A Fair Share for AllAmerica already redistributes its wealth. A lot of it.By Jonah Goldberg from National Review Online excerpts It was, after all, Teddy Roosevelt — McCain’s hero — who introduced the progressive income tax for precisely the
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from the speech by Michael Mukasey at the Federalist Society just before he passed out and was taken to a hospital (he is fine.) as reported in James Taranto in the WSJ Earlier this year, the head of a legal
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Voters act rationally in markets. They will research and study purchases and trading partners that will have an impact on their satisfaction with the decision. When a consumer buys a car they probably know the horsepower, the mileage and can
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From Peggy Noonan’s “Patriotic Grace” It would be good to have the most visible symbols of our country, the President and the Congress, be clean. So often they seem not to be. They seem scandal-ridden, or an embarrassment, or seem
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The home mortgage interest deduction is one of those sacred cows of the tax code. It is almost as sacred as not taxing church property. Yet it is one of the most regressive of taxes. Richer people in the highest
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World War II created health insurance perk from Ron French / The Detroit News The fact that GM pays anything for health care is an accident of history. By the 1940s, health care costs in most industrialized nations were paid
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I think the voting populace are so very dissappointed with the recent results of the bailout of the financial system that they are even more reluctant to bailout the big US auto makers. We heard that the bailout of the
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The Libertarian Party had its roots in the Nixon Administration, in what many considered Nixon’s betrayal of the Goldwater Conservative values. His effort to combat the effects of inflation with wage and price controls indicated that he had limited faith
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Sunnis believe that we know the succession of Mohammed therefore religious leaders should function in government. Shiites believe that the rightful successor to Mohamemd is yet to come and therefore no religious leader should sit in a positon of government
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There are many conservative thinkers who do not call themselves Republicans because of the over weighted influence of the religious right in the party. If the Republicans are ever going to regain a position of power they must neutralize that
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The new James Bond movie is a real dud. During the opening theme song I turned to my wife and noted “This song really sucks”. Nothing memorable like ‘Goldfinger’ by Shirly Bassy, ‘You Only Live Twice’ by Nancy Sinatra, ‘Live
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There is a fairness issue to many in the capital gains tax. Earned income may be subject to a total of over 50% in tax when you include federal and state, Medicare and social security (both portions). Yet a wealthy
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From Peggy Noonan’s “Patriotic Grace” I spoke about two years ago with a network producer, an old warhorse who was trying to explain his frustration at the current ratings race. He wrestled around the subject, and I leaned in with
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“[A]ccording to The Huffington Post, Obama’s lack of experience is immune from criticism because he attended Ivy League schools, was a serious and successful student, is a well-traveled, published author, and has a diverse background. Heck, he’s me! Yet, in
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