Monday, November 29, 2010

Capitalism Magazine - Tea Parties, Then & Now

Today's American government is just as bad as the British government that preceded it, and that gave rise to the American government in the first place. In fact, today's government in America is arguably even worse than the British oppressors of yesterday. The people let this happen, slowly and over time. The single biggest reason people let this happen is the entitlement mentality. This mentality can best be summarized by two emotions: One, "I must take care of others." Two, "Others must take care of me." Neither of these emotions, or the ideas underlying them, are fitting for a free people.
Capitalism Magazine - Tea Parties, Then & Now

Friday, November 26, 2010

The Great Sweep of 2010 - Michael Barone - National Review Online

GENTRY LIBERALS: The tsunami swept from the George Washington Bridge to the Donner Pass, but didn’t wash away affluent liberals to the east and west of these geographic markers. Also surviving were the cannibals — the public-employee unions that are threatening to bankrupt states such as California and New York, a prospect that doesn’t faze the left-leaning gentry.
In these areas, Republicans picked up one House seat anchored in Staten Island, two in New Hampshire, and one in Washington State, and they came close in two California districts wholly or partly in the Central Valley. Gentry-liberal territory stayed staunchly Democratic.

The Great Sweep of 2010 - Michael Barone - National Review Online

Wednesday, November 24, 2010

American Thinker: Respectable Conservatives Still Don't Get Obama

To preserve their respectability, respectable conservatives have chosen to ignore what the blogosphere reports. As a result, when they look at Obama, they still see Michael Jordan and wonder why he is off his game. Out in the blogosphere, we see Stuart Smalley and wonder when the breakdown comes.
American Thinker: Respectable Conservatives Still Don't Get Obama

Tuesday, November 23, 2010

Thoughtless Taxation | Richard W. Rahn | Cato Institute: Commentary

Many Democrats, including many lame ducks, are still demanding that tax rates for entrepreneurs be increased under the absurd claim that not to do so will "cost" the government "almost $2 trillion over the 2011-20 period" in lost tax revenues.

To believe these bogus numbers that the Joint Tax Committee staff and the administration put out about the revenue loss, one needs to believe that upper-income people will not alter their behavior when faced with higher tax rates, that high marginal tax rates on capital (the seed corn of the economy) and double taxation of it do not damage economic growth and job creation, and that the government is smaller than its optimum size to maximize the general welfare.

The empirical evidence as well as good economic theory demonstrate that none of the above is true — but to those politicians, mainstream media sorts and left-wing economists who cannot understand the difference between variables and constants, facts don't matter.


Thoughtless Taxation | Richard W. Rahn | Cato Institute: Commentary

Friday, November 12, 2010

Wednesday, November 10, 2010

The American Spectator : Stop the Obama Tax Hikes

Of course, this Fed reflation is not going to work either, because as Milton Friedman explained long ago, easy money from the Fed does not change the real economy. It is just going to bring back the 1970s with a vengeance, combining long-term stagnation with inflation. This is the result of President Obama's stubborn, Rip Van Winkle return to the Keynesian economics of the 1970s, play acting like nothing has happened since 1980 to prove how braindead those economic policies are.
The American Spectator : Stop the Obama Tax Hikes

Tuesday, November 2, 2010

American Thinker: The Wrong Track Election

The hills are alive with the sound of liberal Democratic contempt for the electorate. So are the valleys, the prairies, and the coasts. For months, voters have been signaling their discontent with the president, his party, and their priorities; tomorrow, they appear poised to deliver a stinging rebuke. Yet rather than address the voters' concerns with seriousness and respect, too many Democrats and their allies on the left have chosen instead to slur those voters as stupid, extremist, or too scared to think straight.
American Thinker: The Wrong Track Election