Friday, April 24, 2009

Free kibbles

Now government wants to limit the size of banks so they don't become too big to fail. How many fallacies are in this plan? 1) No bank is too big to fail. 2) Government has no businesses limiting the size of any business. 3) Government is way too big itself, so having it limit a business is ridiculous. I'm sure there's more.

Europeans are getting fed up with high tax rates. What took them so long?

Obama really stepped in it with his handling of the harsh interrogation technique issue. The New York Times refuses to print story about the success of the techniques in question. Nancy Pelosi is caught in the web of people who were briefed on waterboarding but never complained about it until it was politically expedient. How convenient.

Obama's obvious infatuation with and respect for dictators, even anti-American dictators, is another sign of how dangerous Obama is. Of course Republicans loved Saddam Hussein and the tyrants of China too.

Factoring in the failure of government schools, education costs America more than health care.
"If the United States had closed the international achievement gap between 1983 and 1998 and raised its performance to the level of such nations as Finland and Korea, US GDP in 2008 would have been between $1.3 trillion and $2.3 trillion higher, representing 9 to 16 percent of GDP." How much do we spend on health care again? About 16 percent of GDP.
Government is destroying our country. It's destroyed our future by ruining the education of our children, it's made our health are system far too expensive and driven up energy costs. Now liberals want it to government even more power to further destroy our education system, our health care system and our energy market. Smart.

More calls for a constitutional convention. Mises comments on the proposed Federalism Amendment.

This should be called a bunch of meaningless handshakes, except for a couple.

Mises scholar exposes the absurdity of Keynes and our government worshipers of Keynes: According to Keynes, the Fed should print money and buy all debt in the US, then forgive it. No more toxic assets. No more debt problem. The economy would instantly be fixed. Not. Keynesianism is absurd. Printing money doesn't solve anything.

Swine flu is back, and we can thank the failure of our government to secure our borders for it.

Interesting that the Florida homeless woman who so publicly asked Obama to help her find a home at a rally was given a home by a Republican, but we never heard that part.

Psychotic Earth Day spokesman.

President Obama burned 9,000 gallons of fuel on Earth Day. Nice. I guess speaking at the White House is passe for Great Pharaoh.

Venezuela to give island in New Jersey owned by Citgo to the state.

How Obama's Iraq policy led to increased violence.

Charles Krauthammer predicts Obama is planning rationing for Medicare and other government health care down the road.
The more acute thinkers on the left can see rationing coming, provoking Slate blogger Mickey Kaus to warn of the political danger. "Isn't it an epic mistake to try to sell Democratic health care reform on this basis? Possible sales pitch: 'Our plan will deny you unnecessary treatments!' ... Is that really why the middle class will sign on to a revolutionary multitrillion-dollar shift in spending -- so the government can decide their life or health 'is not worth the price'?"
Everybody will be so happy with having the government decide whether or not they can have a procedure to save their life.

Cato explains that businessmen working in a capitalist system gave us most of the environmental improvements we take for granted today, not bureaucrats, and that same will be true in the future.
Wealth not only breeds environmentalists, it begets environmental quality. There are dozens of studies showing that, as per capita income initially rises from subsistence levels, air and water pollution increases correspondingly. But once per capita income hits between $3,500 and $15,000 (dependent upon the pollutant), the ambient concentration of pollutants begins to decline just as rapidly as it had previously increased. This relationship is found for virtually every significant pollutant in every single region of the planet. It is an iron law.
...
In the United States, pollution declines generally predated the passage of laws mandating pollution controls. In fact, for most pollutants, declines were greater before the federal government passed its panoply of environmental regulations than after the EPA came upon the scene.
Don't tell liberals.

Sri Lanke is on the verge of crushing the Tamil Tiger rebellion once and for all, and the US calls for a cease fire. How stupid is that? Victory will end the violence. A cease fire will make it continue. Sri Lanke should win and be done with it.

Gen. Petraeus calls for Pakistani military to redirect focus on Taliban. This is interesting. In a country known for military coups and where the military is the most trusted institution in the country, you can't help but wonder if Petraeus is trying to empower the military at the expense of the civilian government.

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