Monthly Archives: June 2012

Archive of posts published in the specified Month

A Long Way from November

Obama beat McCain in 2008 with much larger margins than we have seen in recent elections.  Obama got 53% of the popular votes to McCain’s 46%, 365 electoral votes to McCain’s 193.  9 states swung from red to blue. Not

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The Economy Could Have Been a Lot Worse

The economy is weak and much of the reason is the growth restraints of Obama Care and the Dodd-Frank bill.  There are health insurance issues and financial issues that need to be addressed with legislation but these bills either addressed

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The Unable and the Unwilling

Jeff Jacoby adds to the class warfare debate in ‘The defining issue of our time’? Hardly, in The Boston Globe, 5/6/12. Excerpts: But what Americans honor is equality in the eyes of the law, political equality — not equality of

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Fault and Responsibility

The Editors of the National Review wrote The Logo- Centrist, 6/16/12: Excerpt: The telling fact is that the president apparently is unable to discern the difference between what is his fault and what is his responsibility. The 1980 recession and the legacy

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A Very Inconvenient Truth About Taxes

Phil Gramm and Steve McMillan note the irony of the call for more “fairness”in their article in the Wall Street Journal, The Real Causes of Income Inequality, 4/6/12. Excerpt: Nowhere is the political debate over income inequality more detached from reality

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Pitching the Wrong Policies

Edward Lazear writes in the Wall Street Journal, Whose Fault is Todays Economy?,  6/13/12 Excerpt: The logical conclusion is that what has happened since 2010 is a result of more recent policies, not ancient ones. In recent years, the strategy

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Readings 2012 06 14

Green Welfare, Green Taxes, Green Poverty So That Everybody Gets a Fair Shot, How About a “Workweek and Occupational Fatality Fairness Act” It’s Not a Welfare State, It’s a Special Interest State A Simple Tax is a Fair Tax

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The Logical Limitation of a State Run Economy

J.T. Young writes in American Spectator, It’s About Reality, Not Austerity, 6/14/12. Excerpts: A state cannot run an economy and a state-run economy cannot sustain its state. The more of its economy a government consumes, the less productive its economy

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Is Collective Liberty an Oxymoron?

Socialists sometimes define the economic liberties differently.  For them, economic liberty involves the right to participate in collective decision making about the issues of socially owned property.  There are complicated issues here, but speaking generally, classical liberals are skeptical of

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The Public Union Experiment

Jeff Jacoby writes The end nears for a 50-year mistake, 6/10/12. Excerpts: The second harbinger was the plunge in public-employee union membership. The most important of Walker’s reforms, the change Big Labor had fought most bitterly, was ending the automatic

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Political Clients

The factions that came to depend on the largesse of the Democratic-run governments became clients of the national party, much as the Irish in New York were clients of their patrons in Tammany Hall.  They would vote for the party

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Progressive Realities

Walter Williams writes in Investor’s Business Daily Many Who Portray Themselves As Part Of The 99% Live Like The 1%, 5/2/12 Excerpt: Last week, MSN Money posted a report titled “The richest counties in America.” According to the report, residents

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Sixty Seconds Over Baghdad

On June 7, 1981 four Israeli F-16 jets took off for their secret mission known as Operation Opera, also called Operation Babylon.  They flew almost 600 miles at ground level to avoid radar detection from the Jordanians, Saudis, and the

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Readings 2012 06 06

The “People United” Go Down in Flames by Walter Russell Mead in The American Interest Excerpt: What happened in Wisconsin last night wasn’t, as a distraught young voter told CNN in the video above, the death of democracy in America. But

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Not Just a Wisconsin Victory

I wrote in today’s American Thinker, Why I Sent Money to Scott Walker Excerpt: Scott Walker won because he showed results: a balanced budget and lower taxes.  He did not blame the previous administration for the mess he inherited.  Walker

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Mismeasuring Inequality

Alan Reynolds writes in The Wall Street Journal, Tax Rates, Inequality and the 1% 12/6/11. Excerpt: But here’s a question: Why did the report stop at 2007? The CBO didn’t say, although its report briefly acknowledged—in a footnote—that “high income

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Born on Third Base

“Some people are born on third base and think they hit a home run.” This quote refers to those who have an inherited financial or political advantage, or sometime just plain luck, but think that their brains had more to

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Unions’ Dirty Little Secret

John Fund writes in The National Review Online, If Walker Wins, What Are the Lessons? 6/4/12 A Walker victory will expose for all to see the dirty little secret of the power of public-sector unions in America: It depends on

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Consumers are Forgotten in the Class War

Mark Zuckerberg of Facebook and Sergi Brin of Google both became very young billionaires from the companies they created. Yet hundreds of millions of consumers benefitted by getting incredible products for free. When we participate in the class warfare we

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Investors Are Not Stupid

The editors of the Wall Street Journal write An Economy Built to Stall-  With a third slowdown in three years, maybe the problem is the policies. 6/12/2012 Excerpt: Maybe Milton Friedman was right that “temporary, targeted” tax cuts don’t change

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