My biggest criticism of the OWS protests is the lack of any clear reasonable objective other than to claim that greed is bad; and then ask for a bunch of free stuff, like tuition loan forgiveness. ( I wonder how
Walter Williams writes in Investor Business Daily Who Pays for Corporate Taxes 11/9/11. Excerpt: The largest burden of corporate taxes is borne by workers. We discover that by asking a simple question, such as: Which workers on a road construction
Money is the barometer of society’s virtue. When you see that trading is done, not by consent, but by compulsion- when you see that in order to produce, you need to obtain permission from men who produce nothing- when you
A few gems from Thomas Sowell from the last chapter of the Thomas Sowell Reader. “There is no greater indictment of judges than the fact that honest people are afraid to go into court, while criminals swagger out its revolving
While our students perform poorly on standardized tests relative to other countries, we have the most desirable institutions of higher education in the world and have a disproportionate share of Nobel Prize winners. How is this so and do we
I am guilty of associating freedom with democracy. Thomas Sowell writes in his book The Thomas Sowell Reader that there is a distinct difference in the chapter ‘Freedom Versus Democracy.’ Democracy and Freedom are too often confounded. Britain itself did
The opposition is unable to let go of the racism charge. Racism, like anti-Semitism is a strong serious charge. But those who level it so constantly at the Tea Party and other political opponents are intellectually lazy and cowardly. They
John Merline Writes in Investor’s Business Daily Income Inequality Rose Most Under President Clinton, 11/3/11 Excerpts: Meanwhile, during Clinton’s eight years, the wealthiest 5% of American households saw their incomes jump 45% vs. 26% under Reagan. The Gini index shot
Perhaps the most destructive policy of this administration has been the dramatic extension of unemployment benefits to 99 weeks. We have accumulated debt to give to the most unproductive act imaginable; paying people not to work. Nancy Pelosi’s now famous
John graduated high school. Being of good character but not being a great student , he got a job in contracting starting at $30,000 a year. He was dependable and was promoted to supervisor. Over thirty years his income grew
The capital of Pennsylvania is bankrupt and it is not difficult to see why: excess borrowing for ridiculous unproductive or mismanaged projects. Steven Malanga writes in the Wall Street Journal, How Harrisburg Borrowed Itself Into Bankruptcy 10/28/11: Excerpts: Under seven-term
Gasoline prices are falling. On behalf of all of those who blamed the evil oil companies for the high prices I would like to thank them for lowering prices. The oil business is booming in North Dakota. Unemployment there is
Phillip Levy praises the new Nobel Laureates in economics, Tom Sargent and Chris Sims in The End of Comfortable Keynesianism, published in The American – The Journal of the American Enterprise Institute. (now included in the Rebel Yid Links) Excerpts.
One of the rules of the Dodd Frank Financial Reform bill was the cutting of the bank fees charged for debit cards. I have read much about the financial collapse of 2008 and I do not recall any analyst who
In the Wall Street Journal L. Gordon Grovitz writes Google Speaks Truth to Power. Excerpt: (Quoting Eric Schmidt, executive chairman of Google) “So we get hauled in front of the Congress for developing a product that’s free, that serves a
A contrarian assumes the crowd is wrong without necessarily understanding why. A true independent thinker will isolate themselves mentally from the crowd and common information and research the best information available, relying as little as possible on second hand resources,
This picture of the Occupy Wall Street crowd shows a picture of Goldman Sachs CEO Lloyd Blankfein with his head on a stick. Where is the call for civility from our leaders? How would such a display have been covered
Wall Street was targeted presumably because the marchers think that they are getting away with crimes against the people and they profit at the expense of others’ misery. Bernie Madoff was sentenced to 150 year in prison. Jeffrey Shilling from
Israeli soldier Gilad Schalit was finally released in exchange for 1027 Palestinian terrorists and captured cold blooded murderers. One should be reminded that Schalit was kidnapped on Israeli soil. Many have weighed in on whether the exchange was worth the
How much is being broadcast about the various anti-Semitic episodes at various OWS and its offshoots in other cities? The ADL made a timid response here. The Wiesenthal Center published a better analysis: Excerpts from an essay from Rabbi
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