Archive for June, 2011

U2: Keep Your Money »

Anti-capitalist protesters inflated a provocative balloon at a U2 concert in Ireland, accusing the band of evading their taxes, leading security to wrestle to them to the ground, which was met with more violence. Around 30 people got in the thick of the struggle. I’ve never been a big fan of U2, or their...
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Why Isn’t Rick Scott More Popular? »

Rick Scott, who was elected as Florida’s governor last November, campaigned on a platform of fiscal conservatism. He wanted to cut taxes, cut government spending, and cut regulation to make Florida more business-friendly. He said his platform would create 700,000 jobs in seven years, and his campaign slogan was, “Let’s Get To Work!” Scott...
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Politics, Briefly »

As the Presidential Campaign heats up, I can’t help but think of Albert Jay Nock’s childhood reminiscence: One incident of election night, however, stuck in my memory. Some devoted patriot, very far gone in whiskey, wandered up in our direction and fell by the wayside in a vacant lot where he lay all night,...
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Congressional Staffers Paid $13 million by Ex-Employers in 2009 »

In the continuing revolving door between industry and its government regulators, the Wall Street Journal yesterday reported on the $13 million Congressional staffers earned from their former private employers, companies they run or other side jobs in 2009. Further, ethics rules “permit the vast majority of [Congressional] aides to have financial ties to companies...
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The Continuing Puzzle of the Hyperinflation that Hasn’t Occurred »

Since late December 2008, the bank prime lending rate — the interest rate banks charge their best corporate customers — has remained steady at 3.25 percent. Meanwhile, during the same period, the excess reserves that commercial banks hold at the Fed have increased from $2 billion in August 2008 to $1,513 billion in May 2011. Ordinarily,...
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Inflation Update »

The Bureau of Labor Statistics has released the Consumer Price Index data for May, and the CPI is up about half a percent (actually, 0.47%) since April. The annual inflation rate (year over year increase since May 2010) is now 3.6%. Most of this increase has come in the last six months, because the...
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Heaven Help Us All: TSA Union Vote Ends Today »

It’s not a question of “If,” but “Which” union TSA employees will soon use as their armed representative against taxpayers and as protection against travelers who haven’t yet fully resigned themselves to treatment worthy of the Gestapo or KGB. From the National Treasury Employees Union (NTEU) “Welcome TSA Employees” web page urging TSA employees...
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War on Terror Is Bad for Economy »

President Obama’s Jobs and Competitiveness Council released five “fast-action” recommendations for things the government can do that will result in 1 million jobs on a near-term basis. Among the ideas was: Boost jobs in travel and tourism. This industry is one of America’s largest employers, but the United States has lost significant market share....
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The TSA: A (Minor?) Complaint »

There is lots to be concerned about regarding the way the TSA is trampling on our constitutional rights. So, my complaint here may seem minor within the context of all of the TSA’s activities. But... Last night I was on my way home to Tallahassee, flying through Atlanta, as I often do. Prior to...
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New York Times Columnist Nicholas Kristof: The Military as Socialist Model for America »

In his latest column for the New York Times, “Our Lefty Military,” the iconic “liberal” commentator Nicholas D. Kristof has now come clean on the reality of his own collectivist views that military means and organization embody the “liberal ethos” (“progressivism”), an admission that liberals rarely face up to. While numerous liberal and conservative...
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