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Mob Rule
According to Slate’s Raul Gallegos, Hugo Chavez has run Venezuela’s state run oil company into the ground to the point where it is now paying its suppliers with IOUs. Gallegos characterizes this as a lesson in “oil wealth mismanagement,” but I think it can also … Continue reading
Saving American Capitalism
Steven Pearlstein’s long, rather useless article (doesn’t even mention Hayek or Friedman) about saving capitalism contains several questionable comments. For example, he suggests that conservatives reject the notion that it “takes a village to create a successful company.” This is a straw man; everyone knows that we live … Continue reading
Terminating Bin Laden
Liberals often claim that one of Obama’s great foreign policy achievements, as mentioned yet again by Slate’s Fred Kaplan, is that he “ordered the killing of Osama bin Laden.” To analyze this claim properly, however, it’s necessary to think of the world “but-for” Obama (that … Continue reading
World’s Oldest Person
So at this time, it seems that the world’s oldest person is 116 years old. What I’d like to know is the record for the length of time that someone has held the title of the world’s oldest person. The answer to that … Continue reading
Posted in People
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Difference In Kind
In her WSJ column, Kimberley Strassel outlines what Americans can expect to see from Obama in a second term: higher taxes, greater spending, growing deficits, fine tuning of the regulatory apparatus, and continued decline of American influence in foreign affairs. She correctly concludes that … Continue reading
Posted in Economy, Healthcare, Politics
Tagged big government, capitalism, central planning, price controls
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The Liberals’ Orwellian Strategy
Using Medicare as the backdrop in a recent post, Matthew Yglesias claims that the difference between an economy based on markets and competition and an economy that is centrally planned (of the sort that Obama desires) is “superficial.” According to Yglesias, both types of economy are … Continue reading
Posted in Economy, Healthcare, Politics
Tagged capitalism, central planning, Orwellian
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Decentralization Is Centralization?
It seems fair to characterize Obama’s “vision” as one that would move America even further along the road to centralized authoritarian government, and that in stark contrast to this, Romney and Ryan favor an approach where economic and political power is more … Continue reading
Teeth
Come on people, cut Todd Akin a break. He obviously saw IFC’s recent showing of the movie “Teeth,” mistakenly thought that vagina dentata was real, and applied it to his analysis of rape and abortion. Probably not the first time someone has been … Continue reading
Posted in Politics
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Attacking Federal Employees
Now for something entirely bizarre. In a USA Today article, Dennis Cauchon reports that 21,000 federal retirees have pensions of $100,000 or more, but it isn’t until the second to last sentence of the article that he happens to mention that 96% of the six-figure pensions are part … Continue reading
“Independent” Experts
A panel of independent experts, in a new medical study, concludes that drugs used to treat mild cases of high blood pressure are not very effective. According to Slate’s Jeanne Lenzer, the study turns “decades of medical dogma” on its head, and she’s especially gaga about … Continue reading