Barack Obama is mad as hell and he’s not going to take it anymore. And who can blame him? The news is filled with stories of profligate spending by Wall Street firms that have received taxpayer money from all the government bailouts, loans, guarantees, and various and sundry stimuli. Last September, AIG executives spent $440,000 [...]
Entries from January 2009
January 20, 2009
Hope and Fear
I’m amazed at the ease with which the modern president can take a solemn oath to uphold the Constitution and then immediately segue into a speech that outlines his plans to violate the Constitution. I don’t mean to imply that President Obama is the only one who possesses this skill, but he did remind me [...]
January 15, 2009
Prohibition – A Parable
The violence along the Mexican border continues unabated. Drug traffickers in Ciudad Juarez have killed eleven people in just over a week, often using children as young as 15 years old as hit men. Reports of decapitated bodies are becoming increasingly common, particularly in Tijuana.
Michael Chertoff, Director of Homeland Security, has promised to use force [...]
January 12, 2009
Political Football
Sometimes the little things best illustrate just how far off track we’ve gone. Take college football, for example. Many people in this country are not satisfied with the current BCS system. This year Utah went undefeated, but the Utes weren’t even considered for the national championship because they come from the Mountain West Conference. Texas [...]
January 3, 2009
Applying Bastiat
My wife gave me The Bastiat Collection for Christmas. It’s a fantastic two-volume set offered by the Mises Institute containing the collected works of Frederic Bastiat, a 19th century French economist. As far as I’m concerned, Bastiat represents France’s greatest contribution to mankind (with the possible exception of Sophie Marceau). If you haven’t read him [...]