Generally, I don’t begrudge how people spend money they’ve earned. What they choose to do with their money is between them and God. However, what I won’t tolerate is the filthy rich blowing their own money while at the same time telling those less well off how to spend theirs. I wasn’t going to comment […]
Today’s San Diego Union-Tribune took a look at one of the local “stimulus” projects targeted by senators Tom Coburn and John McCain at a press conference last week. The “project” is actually a study on alcohol abuse and drunk driving that received $497,117 from the nearly $1 trillion stimulus bill. So, what we’re talking about […]
I mentioned Moody’s chief economist Mark Zandi of the “unemployment benefits are really stimulative” last week to point out the ridiculous nature of his claims. Well, Geoff over at Innocent Bystanders took a look at Zandi’s report and finds that – suprise – government spending doesn’t have a multiplicative effect on the economy greater than […]
In tomorrow’s Wall Street Journal Arthur Laffer has an excellent op-ed where he asks the following question: Anyone who is familiar with the historical data available from the IRS knows full well that raising income tax rates on the top 1% of income earners will most likely reduce the direct tax receipts from the now […]
An oft-ignored bit of insanity in the health-care bill was the expansion in the use of IRS form 1099. For those of you who don’t know what it is, a 1099 has been used for as long as I can remember for businesses to report money paid to independent contractors. I got a 1099 from […]
As I was running an errand earlier today, I was listening to a local talk show host interview my congresswoman, Lois Capps. It was the typical softball interview you expect from a small-town talk show host. But there was one statement made by Capps that I’d heard peddled before, but I couldn’t believe anyone other […]
As a follow up on the post immediately below this one, Washington Post media writer Howard Kurtz takes on the Journo-list scandal and includes this line: But there is no getting around the fact that some of these messages, culled from the members-only discussion group Journolist, are embarrassing. They show liberal commentators appearing to cooperate […]
Nope, not me, Scott Nicholson, 24, of Grafton, Mass. After breakfast, his parents left for their jobs, and Scott Nicholson, alone in the house in this comfortable suburb west of Boston, went to his laptop in the living room. He had placed it on a small table that his mother had used for a vase […]
I'm trying out a subscription to Audible.com so I can listen to books on my iPod while I take my daily walks. The last time I listened to an audiobook it was actually a book on tape -- my college roommate and I listened to "The Fellowship of the Ring" on the ride back from […]
A couple of decades back, “new” math was all the rage in certain parts of the educational establishment. In “new” math, students were praised for their work irrespective of whether that work produced a correct answer. In short, the one thing that “new” math ensured was that students didn’t learn math. Today’s Wall Street Journal […]