Chelsea Clinton and the Travails of the Undeserving 1%
In another win for the famously blind meritocracy that rules American life, rewarding the ultra-talented and pushing the less brilliant and skilled into the outer darkness, Chelsea Clinton has landed a coveted position at NBC News. This was almost as much a surprise as her admission to Stanford… – Walter Russell Mead Via Meadia I hope that the #OWSers, those mighty progressive warriors, those fine | Read More »
The Calculus of Deficit Spending
Mathematicians often rely on the old saw that a picture is worth a thousand words. The picture displayed above is Coyote Morning Ugly. Christopher Rupe and Nathan Martin of EconomicEdge.Com have examined the marginal utility of America’s continued deficit spending over time. Quite simply put, each year’s deficit spending produces less present value per dollar spent.
Another Argument For Smaller Government: Let’s Make Amerika The Good-Guys Again
“We’ve been a little bit lazy over the last couple of decades. We’ve kind of taken for granted — ‘Well, people would want to come here’ — and we aren’t out there hungry, selling America and trying to attract new businesses into America.” – President Barack H. Obama fires up the troops. (Ht: Brietbart.com)
The Fallen Men of A Failing Nation
“The young bloods of the South; sons of planters, lawyers about towns, good billiard players and sportsmen, men who never did any work and never will. War suits them. They are splendid riders, first rate shots and utterly reckless. These men must all be killed or employed by us before we can hope for peace.” – General Sherman (HT:Rootsweb.com) The GOP not only has an | Read More »
The China Syndrome Amongst The Progressive Left
A great number of America’s modern leaders are dangerously ignorant with respect to China. In between the bimbo eruptions, GOP Candidate Herman Cain took a few minutes out of his busy day to remind how a GOP foreign policy gaffe by Gerald Ford helped convince America’s voters to pull the lever for Jimmy Carter. Gerald Ford famously insisted that Poland in 1976, wasn’t militarily occupied | Read More »
#OWS Turns A Corner In The Latest Quinnipiac Poll
Quinnipiac has polled the American people about Occupy Wall Street. The numbers are not what Adbusters would have hoped for. Thirty percent overall view them favorably, 39% wish to see the occupation ended. 31% wanted to know when LSU vs. Alabama kicks off.
Beware The Greeks Bearing Votes
Brett Stevens of Amerika.org theorized that human societies can have two forms of culture; Managerial and Organic. He describes these two options below. • Managerial. Like attending a job, days at an American high school or going to a mall, the managerial state consists of people who have nothing in common except wanting to make money and not get murdered. As a result, a strong | Read More »
Rick Perry Thinks Forward On Affordable Education. Barack Obama Poses For A Photo-Op.
A fully accredited college education for the price of a Honda Civic. College? Don’t pay $50,000 for three years, and then your kid drops out. College? Pay for your child’s education, not four years of party time. Wal-Mart University: Save Money. Learn Better. – Gary North. America has an increasingly bad problem with its University system. It costs too much to attend, and the graduates | Read More »
A Halloween Question: Who Is Afraid of Seven Billion People?
4 Like arrows in the hands of a warrior are children born in one’s youth. 5 Blessed is the man whose quiver is full of them. – 127th Psalm (4,5) (HT:Biblegateway.com) I came home a little late from my morning jog this morning and later slammed down that cup of morning coffee before rushing out the door to work. As I drank, I watched a | Read More »
Europe Kicks The Can; Buying Time With Borrowed Money
“No one should take for it for granted that there will be peace and affluence in Europe in the next half century,” Chancellor Merkel. (HT:CNBC) Ka-Blam! The Eurozone is saved. They’ve found just the right drug cocktail of financial bailouts. The markets are all a screaming buy!1!1.(/sarcasm off) If only this were the truth. The reality here is that the Europeans will destroy a bunch | Read More »
You Can’t Rely On American Cars Because American Car Makers Rely On Bailouts
The Consumer Reports Company just rated the reliability of 28 makes of automobile from around the world. No American car manufacturer scored better than 13th in ordinal ranking. Ranked on a Lickert Scale from 1 to 5, Jeep, the best American competitor, scores approximately 3.0. No American car does better than average at staying in one piece. This raises a fair question: did we really | Read More »
Time And Reality Are Rhode Island’s Deadly Enemies
Time waits for no one, no favours has he Time waits for no one, and he won’t wait for me – The Rolling Stones (HT:Sing365.com) If mathematics were as linear as the passage of time, Rhode Island would have a public pension inconvenience. This sadly does not hold true. Interest on borrowed money increases debt in an exponential fashion. The promises made to older working | Read More »
#OccupyKStreet: It’s Where The 1% Really Are
“Wall Street has moved to K Street,” said Barbara Lang, president and chief executive officer of the DC Chamber of Commerce, referring to the Washington street that’s home to prominent lobbying firms. “Those two industries clearly have grown in our city.” (HT:Bloomberg.com) The misery index sums the unemployment rate and the inflation rate. It is probably economically and mathematically meaningless. However, it carries significant political | Read More »
Mitt Romney’s Ground Crew and The Clash of Stupid Federal Laws
When society bars business-people from making intelligent economic decisions arbitrage and unethical behavior will result. People respect illogical and unworkable legal decisions as much as they eagerly volunteer to drive new, electrical cars from Government Motors. They don’t. They run businesses that won’t. Businesses that try are frequently victims of their own code of honor and wind up in bankruptcy court. I certainly don’t praise | Read More »
Mitt Romney and The Advice of Evil Men
Once upon a time, on a totally non-political day, during a non-political speech amidst his taxpayer-funded and non-political bus tour, Mein Obama offered us the following non-political discourse. “The Republican plan says that what’s been standing in the way between us and full employment are laws that keep companies from polluting as much as they want,” Obama said in a speech at the regional airport | Read More »