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Stupid v. Evil
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Stupid v. Evil
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“Net Neutrality,” RIP? Well, One Can Hope
Net neutrality has long been a threat to Internet users. Despite the rhetoric and appeals to “openness,” it was always an anti-consumer enterprise, irretrievably and…
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Why Not a Wal-Mart Bank?
Seems like every business these days is becoming what’s called a “bank holding company” — seeking the shelter of the federal government’s deposit insurance and…
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Bush’s Auto Bailout: Illegal or Unconstitutional
The Bush Administration is planning to bailout the Big Three. It's using part of the $700 bill financial sector bailout package by seizing on TARP's…
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Lawrence Lessig and Fighting Corruption
Lawrence Lessig has recently shifted his focus away from intellectual property and technology policy and toward tackling the larger issue of political corruption. It’s quite…
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Antitrust Liberalization May Avert Need for Bailouts; Outdated Laws Deter Efficient Mergers
In early 2007, the economy was humming along and General Motors was considered to be in the process of a turnaround. To help stabilize itself,…
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Jimmy Carter Disowns the Dictator Mugabe, His Frankenstein
After years of criticizing supposedly “unilateral” American military intervention in places like Iraq (where the U.S. was actually acting in concert with other countries, like…
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Deregulatory Bailout
There are hundreds of regulations that Congress and agencies have imposed on the auto industry, driving up their costs unnecessarily. As an illustration, these are…
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U.S. and Latin America need closer ties
Four former presidents of Latin American countries and the former president of Spain joined in an ardent plea for the U.S.
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Jay Leno Riffs on the Bailout
A new viral email, claiming to be jokes written by Mr. Leno, adds a bit of humor to the financial crisis. As business and government…
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The UAW’s Three-Year Emergency Response
Last night, the Detroit Big Three bailout package crashed and burned for the best of reasons. To their credit, Senate Republicans refused to abide…
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Weren’t We Supposed to be Making Money?
Let’s see … weren’t the government “investments” in failing firms supposed to pay off for the taxpayers? Alas, it’s not looking good so far. …
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Protecting Pets Before People
Why do advocates of socialized medicine prefer pets over people? It’s hard not to conclude that’s the way they think. After all, in Canada you…
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Forbes China’s 100 richest
Each year, Forbes magazine produces a list of the 100 richest people in China. But no rich people would like to appear in…
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Federally Sanctioned Propaganda Machine
Apple's 1984 "Big Brother" ad An article over at Ad Age brings up an angle on the whole…
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Marlo Lewis on Global Warming & The Economy
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The Acceptable Face of Capitalism?
Our simplest and best answer to the whole bailout issue, it seems to me, is that creative destruction has to be allowed to take place.
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Auto Bailout Smoke and Mirrors
Mickey Kaus, a moderate Democrat, explains how the proposed auto bailout contains little leverage for the proposed “auto czar” to really cut the excessive…
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Socialism: It’s Already Here!
The candidates in the recent presidential election argued about whether one of them was advocating socialism. Actually, it looks like we’re already there. An ever-growing…
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Auto Bailout – Destroying Detroit by ‘saving’ it
In a famous quotation from his 1986 address to the annual White House Conference on Small Business, President Ronald Reagan quipped that “government’s view…
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German Finance Humor
When the Germans are laughing at you, things are in a pretty serious mess. That’s the case with the British version of the bailout, which…
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Bailout for Bloated Union Contracts
The auto bailout being fashioned by liberal lawmakers with Bush's apparent acquiescence contains no meaningful limits on the bloated union contracts that have helped make…
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Sheila Bair’s Coddling of Mortgage Deadbeats Fails, Costing Taxpayers
Sheila Bair, the head of the FDIC, has been busy rewarding irresponsibility and punishing thrift by giving special breaks to deadbeat mortgage borrowers from…
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Dick Morris: Stimulus Plans Usually Fail, At Taxpayer Expense
Stimulus packages usually fail, while costing the taxpayers a lot in the long run by running up the national debt. Dick Morris, a former…
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Effective Health Care Cost Containment
With the Obama administration preparing to address the problem of health care, they should remember that the most effective form of cost containment is to…
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Physicist Richard A. Muller Endorses Lying for the Environment
It must be nice to be so certain of one’s moral purity and political correctness to believe that anything, including, well, lying, is fine and appropriate…
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LibertyWeek 20: The Future Is Cao?
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SEIU/CtW Deny Blagojevich Ties; “source” names Stern
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A Blagojevich-SEIU connection?
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An Old Joke
But still a good and classic one. In 1949, only Socialism could save China. In 1979, only Capitalism could save China. In…
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Rule of Law at Stake in the UK
Yesterday the UK saw a large group of protesters bring a major London airport to a halt. Plane Stupid (you can’t get them for false…
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A Wrinkle in the Story of Republic Windows and Doors
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Unbelievable Gall from the New York Times
As economists and the Wall Street Journal have noted, the Community Reinvestment Act was an important ingredient of the financial crisis, by pressuring…
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Censorship and Bailouts for the Rich
George Will has an interesting column on how the so-called “Fairness Doctrine” that many liberal lawmakers want to reimpose in order to shut down…
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Sam Kazman Debates the Auto Bailout
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John Berlau on Timothy Geithner
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The New Ice Age, Continued
The global cooling scare of a few decades ago is written off as a product of bad science, without much peer-reviewed support. But Maurizio Morabito went back…
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To world leaders: halt the spread of protectionism
It’s timely and needed — a new publication gives leading trade economists’ views on “What world leaders must do to halt the spread…
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Fighting Big Government: Not Why, But How
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Trashing Taxpayers
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Life Imitates The Simpsons, Part CCXXXIV
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Claim of consumers’ fear of auto bankruptcy a canard in bailout debate
Eli, in answer to the blog post you phrased as a question, the argument from the individual you heard, echoed by other Big 3…
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Bureaucrats are the Same the World Over
You’ve got to love the European Union. It took the federal government decades to become so extraordinarily bureaucratic, wasteful, and out of touch. The EU…
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Abarackadabra! A 21st Century “New Steal”
JOBS, ROADS, BRIDGES, SCHOOLS, BROADBAND, ELECTRONIC MEDICAL RECORDS, ENERGY…blares the Drudge Report. It’s President-elect Obama’s weekend plan—not to produce, but to transfer yet…
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The Wonders of Socialized Medicine, Part LXVI
The Daily Mail reminds us how government health care is compassionate and efficient; So imagine my shock when I saw how some nurses recently…
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A Valid Point In Support of Auto Bailouts?
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How Not to Create Jobs
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The End of Auto Bailouts (Not.)
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Declining Market Power Means Fewer Limits on Government
With much of American finance and industry either on the government dole or desperately trying to get on it, market constraints on political abuses have…