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Geithner’s “bad bank” is a big bad idea: fix bad mark-to-market accounting instead
The Obama’s administration $1 trillion plus bank bailout plan — on top of the $800 billion stimulus that just passed the Senate — will explode…
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Everything I Know About Construction I Learned In Business School
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No Florida Insurance Bailout
It seems that the state of Florida has overpromised insurance coverage to its citizens in the case of a catastrophic storm, and now is…
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Book-Banning, 21st Century Style
Remember the fuss when it was revealed that Sarah Palin had enquired about removing books from her town library? It would have been so much…
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Tucker 1 Lovins 0
Those who have been following the “alternative energy” fantasists for a while will recognize the name of Amory Lovins, the so-called “sage” (yet another pseudo-religious…
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UNITE-HERE to Disunite?
UNITE-HERE, the 450,000-member textile and hospitality union, is embroiled in a “civil war,” according to its president, who is now openly considering breaking up the…
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Stanford Economist Blames Government for Crisis
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LibertyWeek 29: The Mother-in-Law of All Debts
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TARP Challenged in Federal Court
Three businesses and five individuals recently brought suit against the Troubled Asset Relief Program (TARP) in the Eastern District of New York. The case,…
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The COPs are back
Today has seen much activity and media coverage of the TARP’s Congressional Oversight Panel. Today the Panel released a number of reports on their…
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Dickie Scruggs Back in Court
But, alas, not as a litigator – the role that made him rich and famous – but as a defendant. According to Legal Newsline,…
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Usage Caps and the DLC Model
I just read an intriguing post by Mike Masnick over at Techdirt. Masnick points out that ISPs keep changing the definition…
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More Economists Sign On to Cato’s Anti-Stimulus List
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Amid Recession, Congress Forces Thrift Stores to Close
According to statements from the National Association of Retail & Thrift Shops and the National Association of Manufacturers, a law designed to protect kids…
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Eileen Norcross on the Stimulus Bill
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The Prince and the Paupers
I still regard myself as a loyal subject of Her Britannic Majesty, Queen Elizabeth II, but it’s hard not to come over all Cromwellian when…
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Stimulating Comment
Comment from a friend watching Obama’s Indiana town hall promoting the stimulus: “Some chump just told Obama to mail a check to the people who…
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Spending Money Isn’t Bold, New and Certainly Isn’t Change
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Tilting at Food Safety Windmills
Unfortunately, as long as the world's food production system continues to be highly decentralized and fragmented, there will continue to be foodborne illness outbreaks like…
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Why “doing nothing” is something really big: Stopping the Anti-Stimulus
Robert Higgs, he of the famous “ratchet effect” theory of government growth (up but never down in answer to a crisis), has…
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Broadband Stimulus Cut
Bloomberg is reporting that an agreement on a stimulus package has been reached in the Senate. Included in the compromise was…
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Should the Anti-Stimulus Package be tan or beige?
President Obama more than once last week called it “inexcusable” for Congress to get “bogged down in distraction, delay or politics as usual” over the…
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Today’s Gift to Big Labor
Even as the nomination of Hilda Solis for Labor Secretary remains stalled due to tax and potential ethics rules troubles, organized labor got a…
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More Questions about Solis
Today’s Washington Examiner proposes some questions which Senators should ask Obama Labor Secretary nominee Hilda Solis. Solis is treasurer and a member of the…
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SEC penalty policy change could harm innocent investors
In one of her first actions as SEC chairman, Mary Schapiro announced today that she was getting rid of a policy that required SEC officials…
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Senate Broad Stimulus & Avoiding Federal “Strings”
Aside from the fact that the Senate lacks the necessary votes to pass its version of the stimulus, the bill does…
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Smoke On in California?
A liberty loving person could almost applaud the proposed roll-back of anti-smoking legislation in, of all places, California. The city of Long Beach,…
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Obama’s New Appliance Efficiency Mandates, Consumers Better Run For Cover
President Obama today announced that he is pressuring the Department of Energy (DoE) to speed up some long-delayed efficiency standards for appliances. His move…
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Stimulus Plan Harms Economy, Congressional Budget Office Admits
The bloated $800 billion “stimulus” package would not only create a mountain of debt, it would harm the economy in the long run.
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For Obama, No Solace in Solis
This afternoon, the Senate Health, Education, Labor, and Pensions Committee abruptly canceled a session to consider the nomination of Rep. Hilda Solis (D-Calif.) for Labor…