James Pethokoukis, the Dewitt Wallace Fellow and “Money & Politics columnist-blogger” for the American Enterprise Institute, is a frequently interesting analyst and polemicist … when he doesn’t mar his commentary with unseemly snark. That snark factor rose to radioactive in his recent connivance, at AEIdeas, in a [...]
The Democratic Party has made “income inequality” a signature issue for the 2014 (and, presumably, 2016) election cycle. Democrats, en masse, shout “J’accuse!” at Republicans. There is a very different story to tell.
“Income inequality” is a crude, and twisted, heuristic for stagnant median family income. “Income [...]
It is funny seeing all these losers protesting for higher wages. Because big brother keeps shelling out all this money, they just think everyone has money to shell out. At least that is what commie’s like Obama and Hillary want them to think.
But I have the [...]
Cronyism. Or Crony Capitalism. It’s actually Crony Socialism – because it actually has nothing to do with capitalism.
Crony Socialism is not an unfettered free market where the best ideas and companies win. It’s the government warping and distorting the market: favoring with absurdly [...]
We could go in a lot of different directions here. Opposites attract, same poles repel. But the Democrats have a great PR program on the internet. They will send you an email for just about any reason. I get emails from Lady Michelle, BO and even the [...]
One major criticism of U.S. health care is that we spend more money on health care than any other country. If health spending consumes resources that are needed elsewhere, this could be a problem. The U.S. now spends about 17 percent of its Gross Domestic Product (GDP) [...]
YOU DON’T HAVE TO WORRY ABOUT THE RISING COST OF LIVING, SO LONG AS YOU DON’T EAT
Yes indeed, America’s golfer-in-chief has recently left his cycling & fund-raising vacation at his Martha’s Vineyard luxurious rented home, to temporarily return to Washington so that he can, uhm, continue to vacation & fund raise – this time [...]
This week, liberals went into a tailspin over the news that Burger King announced a merger with Tim Horton’s, a Canadian based restaurant group, and was relocating its headquarters to Canada (pending approval from Canadian authorities). Liberals quickly erupted at the news of a for-profit company moving [...]
This month we observe the 40th anniversary of the resignation, under threat of imminent impeachment, of President Richard M. Nixon. Nixon aide and loyalist Pat Buchanan sums up, in a column in USA Today Liberal Elites Toppled Nixon his view: “Richard Nixon was not brought down [...]
The Buffett Rule is part of a tax plan proposed by President Barack Obama in 2011. The tax plan would apply a minimum tax rate of 30 percent on individuals making more than a million dollars a year.
Remember for whom it’s named?
The Buffett Rule is [...]
Back in the first century a poet named Juvenal surmised that his fellow citizens of Rome would put up with just about anything from their government, as long as they had enough food and entertainment. “Give them bread and circuses, and they’ll never revolt” he wrote sarcastically.
Professor Paul Krugman, in his New York Times blog, says my recent column, about him, is “funny and scary.” Last week’s column here inferred that Prof. Krugman is leaving Princeton in quiet disgrace. It drew pretty wide attention. It also drew over 150 comments. Many commentators merrily [...]
Professor Paul Krugman is leaving Princeton. Is he leaving in disgrace?
Not long, as these things go, before his departure was announced Krugman thoroughly was indicted and publicly eviscerated for intellectual dishonesty by Harvard’s Niall Ferguson in a hard-hitting three-part series in the Huffington Post, beginning here, [...]
INVEST, OR DON’T INVEST, BUT STILL BE HAPPY
And a happy “Can Things Get Any Worse In The World Day” to all you readers tonight.
Tonight, I’d like to put on my investor adviser hat (https://twitter.com/MurraySoupcoff) and talk about what is probably the second most interesting topic after Judge Jeanine Pirro’s Saturday night suggestion that [...]
Rand Paul has bungled the immigration issue again. Unfortunately, this isn’t the first time.
My hunch about Rand has always been that he believes very much like his father.* but he is playing a political game because he wants to be President. But unlike some, I don’t [...]
How often have you heard someone say “that’s my right!” Or, “health care, food, shelter, education, is my right.” Or, “I can say anything I want, it’s my right.” But how many of you have actually thought through exactly what is a right?
My definition is this. A right is any action that you take [...]
Mark Levin has proposed a series of “Liberty Amendments” to the Constitution through an Article 5 state convention. I have my own set of amendments which I hope to share here and add to the proposed Liberty Amendments. The first involves the resurrection of the city-state. This plan would take our largest cities, governed primarily [...]
Is it possible that the equivalent global Armageddon, in today’s stock markets, is fast approaching?
And if I am correct, will such events impoverish hundreds of millions of innocent investors world-wide…
And worse still, if I’m proved right in my suppositions (based on a long career as an investment adviser & investment columnist) will such [...]
The city of Seattle is about to phase in a drastic increase in the minimum wage to $15/hr, thanks to the efforts of its new socialist city councilwoman, Kshama Sawant. Seattle’s far left mayor Ed Murray has now taken up the effort, and it is expected to [...]
Both of these folks have a Nobel prize of sorts but Gene Fama was awarded his for economic abilities and Obama was gifted his for peace. And people have been scratching their heads ever since. Gene Fama is a pretty interesting guy. And he spoke at a [...]
It begins with my next “liberty amendment” to the Constitution…
Amendment XXVIII. Section 1. Congress shall make no law, nor allow any law to stand, which in any way allows for the withholding of employee wages, salary, payment, or compensation of any kind, for the purpose of tax collection.
The most insidious, insulting, and reprehensible [...]
Should President Barack Obama give approval for the Keystone XL Pipeline project? Or should he continue to oppose the venture that would undoubtedly grow business, increase jobs and create new wealth for middle class working Americans, all for the sake of saving the planet from “global warming?” [...]
Good news: the U.S. Department of Agriculture has published research indicating that there are lots of un-filled jobs and career opportunities in the farming industry. Bad news: the Obama Administration has been cannibalizing the nation’s farmers for the bigger part of the last six years. First the [...]