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Tag Archives: economics

Oh, now Warren Buffett is for avoiding taxes.

Don’t you just get so sick of these phoneys. Warren Buffett’s hypocrisy speaks for itself… Readers may recall the original Buffett Rule that President Obama offered as part of his re-election campaign that essentially posited a minimum tax rate for the rich of about 30%. Mr. Buffett heartily endorsed the idea and Mr. Obama hauled […]

Govt vs. Innovation.

A few years ago author Jonah Goldberg wrote, “The notion that big business and big government are at war with one another is one of the great enduring myths of the 20th century.” It is a frequent theme in his writings. But it’s a difficult message to get across, to get people to unlearn the […]

Who’s Tom Steyer?

If you don’t know Tom Steyer and his brother are the liberal equivalent of the Koch brothers, but of course since they’re liberal other liberals, including Democrats in office and media lackeys, have no problem with Tom Steyer and his big money, his corporate interests, and his politics, unlike what they have with, say, the […]

King Obama’s Obamacare exemptions

Don’t like ObamaCare? Tough. Law of the land. Passed in both houses. Upheld by the Supreme Court. Isn’t that what we’ve all been told for years? “Shut up!” they explained. We know what’s good for you. Our legislative experts who admitted to not reading the 2,000-page bill prior to passing it arrogantly determined that they […]

Who’s the top 1%?

There was some interesting analysis done by the Manhattan Institute’s James Piereson last month regarding who is really in that vilified “Top 1%.” It’s based on 2010 tax data — the most completely analyzed tax data currently available. As we’re in an election year you’re sure to see Democrats use it once more given its […]

Regarding that shutdown.

I’m late in any posting on this topic but the House GOP should have certainly expected the public to hold them far more accountable than Democrats or President Obama — I mean, that’s just one of the many big advantages in having an alphabet soup of television networks that carry water for your causes. So […]

$17 trillion or 205?

That’s not a Chicago song, it’s what our debt really is when you factor in “entitlements” and throw out our government’s wacky accounting method. [WSJ] Recent headlines say that President Obama succeeded in breaking the debt limit to allow federal borrowing beyond $17 trillion. But Stanley Druckenmiller, one of the most successful money managers of […]

Tyranny of unelected bureaucrats.

Consider some recent headlines: Workers turned EPA warehouse in Landover into personal rec rooms, audit finds EPA acknowledges releasing personal details on farmers, senator slams agency The Lois Lerner state George Will: Wayne Crews of the Competitive Enterprise Institute has recently published his “Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State.” This […]

Sequestration Nonsense.

While retorting an Ezra Klien column, Jim Geraghty provides a quick list of all the concessions the Congressional Republicans have already made in build up to the sequestration. Therefore the argument that they haven’t compromised is thin gruel. It’s particularly ridiculous that Obama Democrats offer the Hobson’s choice between no spending cuts or no fire […]

As goes California’s insolvency, so goes the nation.

Here’s a really uplifting read by Mark Landsbaum: Nationally, in 2010 welfare spending increased 40 percent over two years. About 100 million people, nearly a third of the population, receive monthly aid from one or more of the 80-plus means-tested aid programs. Annual welfare spending soon will reach an unprecedented $1 trillion. The Senate Budget […]