In business there is something called “sunk costs” which refers to funds that have been spent and are unrecoverable. At any given point sunk costs are irrelevant to the decisions going forward. An example of this would be a company that has spent a billion dollars building a plant and now has to choose whether or not to spend another billion dollars hiring staff and | Read More »
One can’t but hear the almost daily drumbeat from the left about how unequal things are in the United States. There is an income disparity between the haves and the have-nots where Wall Street bankers take millions of dollars home to their Greenwich mansions while millions of others work for minimum wage and can’t afford their own home, never mind something resembling a mini-Versailles. That | Read More »
Have you ever seen one of those movies where a car is speeding towards a cliff and just before it heads over the edge the driver jumps out and the car flies into the abyss and maybe crashes and ignites into a ball of flame? If you haven’t don’t worry, you’re about to live one… and unfortunately for you, you’re not the driver who escapes, | Read More »
As President Obama and his administration are constantly telling us, the horrible economy is not his fault because he inherited the “Worst recession since the Great Depression”. One can certainly make that argument. You just can’t get it to stick. If you could however, what you’d basically be saying is that that 3 ½ years after taking office the President of the United States is | Read More »
Bill Whittle over at Pajamas Media had a great piece in his Afterburner segment this week. Calling statistician William M. Briggs’ “The love of theory is the root of all evil” “The Best Sentence Ever”, Whittle discusses how the love of the theory of Communism caused the deaths of well over 100,000 million people during the 20th century. The crux of his piece is that | Read More »
In 1990 I knew everything I needed to know about Rush Limbaugh. He was a racist. He was sexist. He was an arrogant, rich SOB who didn’t care about the poor. He was a fool who knew nothing about how the world worked. How did I know these things despite never once having listened to his program? Via the media of course. Despite having a | Read More »
Over the course of the last ten years millions of brave men and women have served in the United States military. Those people, those fathers, mothers, sons and daughters deserve every ounce of respect that Americans of all stripes have. It says a lot about both the country and these individuals that they still see something in the United States worth defending and that they | Read More »
This past week the Supreme Court heard arguments for and against ObamaCare. The decision, expected to be handed down in June may very well be the single most important case in the history of the United States. Justice Anthony Kennedy, the perennial swing vote on the court pinpointed the argument on Tuesday: Here the government is saying that the federal government has a duty to | Read More »
How many people marry the first person they ever kiss or date or even have sex with? Not that many. The average age an American loses their virginity is 17 while the average age they get married is 27. Nonetheless, despite a decade in the dating pool, experiencing everything from one night stands to years of living with someone, when people finally take the plunge, | Read More »
I’ve just sat through the 17 minute homage to Barack Obama narrated by Tom Hanks. How is it possible that Barack Obama’s approval rating is even close to 50%? Why isn’t it 100%? According to Hanks, Barack Obama is the real deal. Fearless. Intrepid. Selfless. And most of all: Successful. Like Lincoln before him, the events of the day forced his hand and the resulting | Read More »
![[RS]](/t/img/logo-footer.jpg){kind=logo}