Union thugs found not guilty of assault on Tea Party hero
Apparently SEIU and Media Matters for America and George Soros and the Tides Foundation and Eric Boehlert and the city of Montclair, N.J., acting on orders from the White House, all used their wizard powers to convince a jury in St. Louis that Kennedy Gladney was not actually assaulted. And that is how the vast… Continue reading Union thugs found not guilty of assault on Tea Party hero
Debt and Forgetfulness
Between 1993 and 2001, federal debt held by the public fell from 49.2 percent of GDP to 32.5 percent of GDP. What stopped the paydown of debt wasn’t liberal big spending; it was demands from conservatives that the surplus be used to cut taxes. George Bush said that a surplus means that the government is… Continue reading Debt and Forgetfulness
The dangers of being wrong on Keynes
Keynes — and others who later elaborated on his work, like Hyman Minsky — taught us that although markets are usually self-correcting, they occasionally enter destructive feedback loops in which a shock to, say, the financial system scares business and consumers so badly that they hoard money, which worsens the damage to the system, which… Continue reading The dangers of being wrong on Keynes
Ending Carbon Socialism
If you seriously believe in markets, you should believe that given the right incentives — namely, putting a price on emissions, through either a tax or a tradable permit scheme — the economy will find lots of ways to emit less. You should definitely not believe, as anti-environmentalists claim, that the result would be economic… Continue reading Ending Carbon Socialism
Strunk and White for Spooks
THE NSA’s style document for SIGINT.
A Pop-Up Paris Picnic Is Coming to New York
For the first time, New York will have its own Dîner en Blanc, on Aug. 25, rain or shine. A thousand people — half invited, the others drawn from an online waiting list (newyork.dinerenblanc.info) — will participate in this refined flash-mob feast, at an as-yet undisclosed location in Manhattan. From NYT Interesting.
Nancy Grace Seen In Graveyard Sucking Marrow From Caylee Anthony’s Bones
Getting to Crazy
the modern G.O.P. fundamentally does not accept the legitimacy of a Democratic presidency — any Democratic presidency. We saw that under Bill Clinton, and we saw it again as soon as Mr. Obama took office. As a result, Republicans are automatically against anything the president wants, even if they have supported similar proposals in the… Continue reading Getting to Crazy
America’s creditor identifies its budget problem
The chief of the General Staff of the People’s Liberation Army, Chen Bingde, told reporters he thought the U.S. should cut back on defense spending for the sake of its taxpayers. He was speaking during a joint news conference in which he traded barbs with visiting U.S. counterpart Adm. Mike Mullen. “I know the U.S.… Continue reading America’s creditor identifies its budget problem