Author Archive

If You Support Offshore Drilling…

…then you might want to let the Mineral Management Service know. They are taking public comments on the issue up through September 15. Naturally, IER has made it easy for you to get your message across; just click here. I don’t know whether a large public outcry would make a difference. I can say with […]

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Free Market Bush Administration Nationalizes Mortgage Market

When I taught at Hillsdale College, I heard one of my colleagues (whose office was right next to mine, and our doors were open) listening to a student ask if he could take the class final early, because he wanted to go participate in a rally for newly-reelected President Bush. My colleague wearily asked, “Why […]

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The Bible Says Children Are an Investment

My mother-in-law gave me The Bible Promise Book, and I came across the following intriguing verse under the topic of “Children”: 3 Sons are a heritage from the LORD, children a reward from him. 4 Like arrows in the hands of a warrior are sons born in one’s youth. 5 Blessed is the man whose […]

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Unemployment Rate

Everyone is of course commenting about the recent unemployment figures–the highest in five years–and so I will naturally weigh in. Sean Hannity said that the liberal media was doing its best to distort things and usher in Democratic wins in November, but in reality (Hannity claimed) the average unemployment rate during George Bush’s presidency has […]

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Sarah Palin Averts World War III?

Hear me out. For some time now I have been worried about an Israeli and/or American airstrike on Iran. (The financial implications are obvious: Ramp up your exposure to gold at least until the election has passed.) In a recent column, “September Surprise,” Justin Raimondo explains that Israel has been in secret negotiations with Georgia […]

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What Do Sarah Palin and Ron Paul Have in Common?

(a) They’re both Republicans. (b) They were both in Minnesota this week. (c) They both rely on others to organize their message. (d) They are both pit bulls. (e) They are both pit bulls with lipstick. (f) Answers (a) through (d). The critics of both have pounced because of (truthful) answer (c). The Washington Post […]

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Should We Cheer or Fear the Drop in Oil?

I realize the people running CNBC need to generate new financial articles every day, even if there’s nothing to say–as the runner of this blog, believe me, I understand the predicament. Yet today’s “Cheer or Fear Drop in Oil?” strikes me as particularly absurd. I think they should just rename CNBC as “Sure that’s what […]

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Let’s Really Privatize Social Security

In my previous post, I explained why I never got on board with President Bush’s plan to “privatize” Social Security. Because Bush wasn’t going to raise anyone’s taxes or cut any government spending, any revenues redirected from the SS trust fund into the stock market, would have to be borrowed right back by the government. […]

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