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Quick Thoughts on the Scott Brown Win

* I am trying not to get too excited about this, because I remember only too well how relieved I was back in 2000 when George Bush beat Al Gore in the nailbiter. (Note that I did NOT vote for Bush, I’m just saying as an observer I was hoping he would win.) What was […]

The People Have Spoken

OK that was a short-lived experiment… I am dropping the comment moderation feature except for posts that are more than 14 days old. What you people weren’t realizing is that my older posts are getting spammed too, so that if someone stumbled upon a “classic” Free Advice post in which I predicted the Dow Jones […]

Potpourri

* Tom Singleton sends along this troubling article about the way the feds might came after 401(k) assets. Incidentally, this is one of the “real world”-type reasons that made me more receptive to Nelson Nash’s Infinite Banking Concept. Nash argues that it’s silly to take the returns in your 401(k) at face value, because even […]

An Analogy for My Views on the Significance of the Monetary Base

I’m not going to name names, but there are some people out there whose views on the monetary base and inflation at first seem quite opposed to my own, but in reality we are focusing on different levels of causality. Specifically, it is true that the monetary base per se doesn’t make the price of […]

The Fight Against Anarchy

OK kids some of you have complained about all the spam in the comments lately, which has annoyed me too. (The spam, not your complaints.) So I am selflessly taking on the responsibility of moderating all the comments. We’ll try this for a while and see how it goes. On the negative side, it will […]

A Complaint for Comedy Central

Have any of you other bloggers noticed that when you try to copy the default code to embed a Daily Show clip, there are always errors and you need to just start throwing in forward slashes until the syntax referee lets it through?

Jon Stewart Has Palin’s Back

This started out slow but had me laughing out loud by the end, so I thought I’d share. The Daily Show With Jon Stewart Mon – Thurs 11p / 10c Crazy Like a Contributor www.thedailyshow.com Daily Show Full Episodes Political Humor Health Care Crisis

Fed as the World’s Biggest Carry Trader?

I am not immersed in the data to say whether this is a good description, but it might be. After quoting James Hamilton, Arnold Kling writes: The Fed is now the world’s biggest carry trader. In Hamilton’s view, the Fed’s huge injection of bank reserves, on which it pays interest, amounts to borrowing from those […]