Monthly Archives: May 2013

Archive of posts published in the specified Month

Exporting Bureaucracy

Daniel Greenfield writes Where is Our Panama Canal in his excellent blog Sultan Knish. 2/12/13. Excerpts: China can build things, for better or worse, because it has the manufacturing capacity to get things done. America no longer has manufacturing capacity,

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The Universe Tends to Unfold As It Should

I have little interest in posting much about the barrage of current political scandals.  There is already so much out there that there just does not seem much that I can add. It brings to mind this bit from Harold and Kumar Go to

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Minimum Wage Laws are Racist

Jason Riley writes Minimum Expectations in The Wall Street Journal, 2/13/13 (Political Diary- may require subscription ) Excerpts: There is something sadly ironic about watching the nation’s first black president call for an increase in the federal minimum wage during

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The Benghazi Reader

It is not surprising the the Benghazi controversy is reduced to mindless partisan gamesmanship.The sycophants on the left deflect every criticism not with real answers but with criticism of the right.There were 13 Benghazis under Bush we are told and Fox raised

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The Racism of the Intelligentsia

There is something, evidently, in the human mind, even when carefully honed at Oxford or the Sorbonne, that hesitates to believe in capitalism: in the enriching mysteries of inequality, the inexhaustible mines of the division of labor, the multiplying miracles

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Reading 2013 05 08

An Entrepreneurial or European Worldview? American Philosophy at the Crossroads

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Fearing those That Fear Tyranny

Obama’s speech at Ohio state is drawing a lot of comments, noted here is from Jonah Goldberg in The National Review, Obama: The Only Thing We Need to Fear Is Fear of Tyranny. Excerpt: I like America’s instinctual fear of

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Moral Capital

In February I posted The Entrepreneurial Deficit – a collection of articles and comments on the absence of startups and it s long term impact on the economcy. Glenn Harlan Reynolds, law professor and writer of the excellent blog Instapundit, expands on the theme

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Thoughts 2013 05 06

I wonder if Obama is subject to more criticism from his own left, because the right was so soundly defeated in his re-election.  Without the unity of opposition his supporters are more free to dissent. I think that what cost

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Why Anti-Gun Lobby is Not Trusted

from Waking the dragon — How Feinstein fiddled while America burned by Barry Snell in Iowa State Daily Gun people don’t trust anti-gun people because in a single breath they tell us that the Second Amendment is irrelevant today and should be repealed because semi-automatic weapons

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The Intellectual Savage

Dan Greenfield write in his blog Sultan Knish The Unverifiable World. Excerpts: Savages can kill each other, but they can’t communicate with each other. You can’t prove anything to a savage, because a savage does not believe in objective standards of

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Reading 2013 05 02

The Stock Market Rally that Makes you Poorer  Unravel Obamacare and you get a trainwreck  

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An Insurable Interest

“Dodd-Frank fixed some of that by giving both the SEC and the CFTC authority to regulate the derivatives market. Among other things, the legislation mandated that the SEC and CFTC, working with the banking regulators, set standards for the amount

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Social Networks and Closing Minds

The irony of the proliferation of opinions and information through the internet and social networks is that we do not experience a broadening of the mind but a narrowing. Peggy Noonan observed in Patriotic Grace that in the old days

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The Natural Redistribution of Wealth

After three decades in the business world I believe I have seen more large fortunes lost than gained. Rarely is the cause of business loss or failure the result of personal shortcomings or character flaws.  Some of the failures were

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The Catastrophe of Capricious Regulation

“While the regulators had a legitimate concern, the manner in which they chose to handle WaMu was even more destructive. They decided to take the extra losses created by covering the uninsured depositors from WaMu’s bondholders. The bondholders had expected

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