Archive for February, 2009
Wednesday, February 25th, 2009
Now they’re worried (by Russell Roberts)
Now they’re worried (by Russell Roberts):
An amusing moment in the SOTU address occurred when Obama said:
“There is, of course, another responsibility we have to our children. And that is the responsibility to ensure that we do not pass on to them a debt they cannot pay. “
The Republicans roared their agreement. It was the [...]
1 Comment » - Posted in Random News by Joe White
Wednesday, February 25th, 2009
Obama’s Shocking Speech
Obama’s Shocking Speech:
Voters respond enthusiastically to determined leadership at the moment of crisis. But laws made in a crisis atmosphere, from the Gulf of Tonkin resolution to Nixon’s wage and price controls to the TARP legislation, usually turn out badly. Democrats want to use this crisis to ram through government takeovers that they couldn’t achieve [...]
No Comments » - Posted in Random News by Joe White
Wednesday, February 25th, 2009
“A Way to Protest Obama’s Economic Plan” from The Austrian Economists
A Way to Protest Obama’s Economic Plan:
I’m watching the President’s address to Congress. Or I was anyway. I’ve had enough. But after listening to him butcher economics for the last half hour, I have an idea for a little mass action that will both protest the ignorance of his plan and educate those who need [...]
No Comments » - Posted in Random News by Joe White
Wednesday, February 18th, 2009
Misplaced Priorities, by Arnold Kling
Misplaced Priorities, by Arnold Kling:
I think that Bernanke, far from being the right man in the right place at the right time, turned out to be the opposite. Last year was not 1930, in which bank runs were threatening otherwise sound institutions. It was 2008, in which thinly-capitalized institutions that had sold securities that behave [...]
No Comments » - Posted in Random News by Joe White
Tuesday, February 17th, 2009
Obama’s Elf
Hat Tip: Boing Boing
No Comments » - Posted in Random News by Joe White
Monday, February 16th, 2009
Best. Rochambeau. Ever.
found in this fark thread. Can’t believe I’ve never seen this before.
No Comments » - Posted in Random News by Joe White
Wednesday, February 11th, 2009
Government Intervention, Not the Lehman Collapse, Caused the Financial Crisis – WSJ.com
Government Intervention, Not the Lehman Collapse, Caused the Financial Crisis – WSJ.com:
To prevent misguided actions in the future, it is urgent that we return to sound principles of monetary policy, basing government interventions on clearly stated diagnoses and predictable frameworks for government actions.
Massive responses with little explanation will probably make things worse. That is the [...]
No Comments » - Posted in Random News by Joe White
Wednesday, February 11th, 2009
“Should the federal government be doing any of this?”
“Should the federal government be doing any of this?”:
The answer is no, of course, as Crisis and Leviathan author Robert Higgs explains in a superb article about the so-called stimulus for the Christian Science Monitor:
Our greatest need at present is for the government to go in the opposite direction, to do much less, rather than [...]
No Comments » - Posted in Random News by Joe White
Monday, February 2nd, 2009
Meet the new boss….
The Frank-Obama Rescue Plan: Easier Money To the Rescue! (Reason-Hit & Run):
Once again, let’s review: We got into this mess because of what Obama castigated as “an era of easy money, in which we were allowed and even encouraged to spend without limits; to borrow instead of save.” And we’ll get out it precisely by…spending [...]
