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The Tea Parties Weren’t Protesting Higher Spending?!
Brad DeLong links (with apparent approval) to Andrew Samwick’s criticism of the “Tea Party” protestors. Here’s Samwick: At moments like this, we go back to Milton Friedman’s adage, “To spend is to tax.” I cannot really come up with a better word than juvenile for the tea parties — don’t protest the taxes unless you […]
Read moreFreedom Fest: I’ll See You in Vegas
It is confirmed: I am speaking at this year’s Freedom Fest on Saturday July 11. Here is the tentative schedule [.pdf]; other stuff might change but Mark Skousen assures me my time slot will not. Note that if you buy a signed copy of my book, it doesn’t have to stay in Vegas.
Read morePresident Nationalizes More Companies
You thought I was talking about Obama, right? Nope, this time I was talking about Hugo Chavez. According to CNBC, such moves are to “spread socialism” when they are conducted by foreign leaders. Now you might say, “C’mon, Chavez openly boasts of the benefits of socialism, unlike Obama who gives lip service to capitalism. So […]
Read moreElizabeth Edwards: President of United Health Care Made Almost $3 Billion a Few Years Ago
Check out the clip below of Elizabeth Edwards on the Daily Show. Start it around the 3:00 mark. She is a policy fellow at the Center for American Progress, where she works on health care reform. In the clip, she says that a few years ago, the president of United Health Care earned so much […]
Read moreGlenn Greenwald Asks: "Is there anything the Right isn’t afraid of?"
This was an aspect of the debate over Guantanamo prisoners that I hadn’t considered: The “debate” over all the bad and scary things that will happen if Obama closes Guantanamo and we then incarcerate those detainees in American prisons is so painfully stupid even by the standards of our political discourse that it’s hard to […]
Read moreEDF Summarizes Bastiat in One Picture
Dan Kish sends along this handsome graphic from the Environmental Defense Fund: They should put this on the paper placemats at Cracker Barrel and ask, “Kids, can you find millions of things missing in the above picture?”
Read moreHuman Events Review of the PIG to the Great Depression (and some other books too)
Elizabeth Kantor offers her readers some choice book reviews, including: As we wait on tenterhooks to learn whether Washington’s feckless and free-spending politicians will manage to turn this recession into a Greater Depression (or possibly a Weimar-style hyperinflation), or if we’ll escape with only a few years of Carter-era stagflation, it’s a good time to […]
Read moreOrwell, Geithner; Geithner, Orwell
I am doing “real work” this morning so I can’t torture myself by reading this whole CNBC story. But the first sentence is worth the admission price: U.S. Treasury Secretary Timothy Geithner Thursday said that a bailout for banks was steadying the financial system but care must be taken to ensure that normal market forces […]
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