Archive for July 22nd, 2011

Warren Buffett’s Deficit Reduction Plan »

Warren Buffet says, “I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of Congress are ineligible for reelection.” On the one hand, I’m fairly confident Buffett is correct that if such a law…
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Let Us All Sacrifice to Balance the Budget »

We’re often told that the budget can’t be cut without all of us sacrificing. This is used as a rationale to raise taxes. But it need not be that way. After all, aren’t we also told that everyone benefits from the government? Surely the poor do, or so we hear. And the middle class?…
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Justice Done in Louisiana! Whuda Thunk? »

In a shockingly unusual turn of events, a federal court in Louisiana has reached a just decision. This man-bites-dog decision involves my neighbors, the Benedictine brothers of St. Joseph Abbey and Seminary, about whose difficulties I wrote recently. The Louisiana funeral directors’ cartel was attempting to shut down the monks’ sale of the simple…
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