Free kibbles

Because most economic data collected by government are a function of the money supply, printing money can make those numbers look better, but nothing really changes. It's like putting lipstick on a pig. It's a way of manipulating the numbers, like GDP and stock prices, to mislead the public and make it look like a recovery is in progress. But since nothing has really changed except an increase in the money supply, businesses aren't hiring. The result is a "jobless recovery." I've heard that term many times and never known the cause. Now I do.

"If the key to economic growth is an increase in demand, then poverty world-wide would have been eradicated a long time ago."

That single sentence destroys Keynesianism.

Cuban Health Care. NHS doesn't change sheets. Walter Reid scandal.

Obama is on course to double our national debt from the last 233 years in 10 years.

Cato explains that Obama's public health care option harms competition and choice. Expert predicts public plan would seduce roughly 118.5 million people off of private insurance onto the public plan. The US has 1,300 insurance companies. Rationing and "die with dignity" in House bill.

I don't buy this smartgrid idea. I think it's just a way for government to control us by controlling our electric usage. It seems to me we should just have a well connected electric grid with distributed supply points. The only thing stopping us for having that is government. I think these mini nuclear reactors would work great for that.

This is an excellent video from Mises University about money, banking and the Fed in US history.

California aristocrats are expecting the next round of red ink. It's their own fault. They still have onerous taxes, including their new carbon tax, driving businesses out of the state.

Victor Davis Hanson explains that never in US history have we simultaneously experienced such massive tax hikes and massive deficit growth (from massive spending increases). Meanwhile, in his private room in the White House, Pharaoh Obama does his impersonation of Dr. Evil's laugh because his plans to collapse our economy are working tremendously.

I think Gingrich has missed the boat here. Yes, we're vulnerable to terrorist attack, but it's impossible to defend against every kind of attack. The terrorists would love that because we'd be broke. Not to say we couldn't do some things better, but we could spend our entire GDP on security measures, and we'd still be vulnerable. Sure, we should do a better job of protecting our ports and borders, but we do not need the military to respond to terrorists attacks on US soil. Our first responders do that. What we need most of all is to empower our first defenders - the American people - to respond to and overwhelm terrorists. Airlines should secure airplanes. Airports should secure airports. Ports should secure ports. Shipping companies should secure ships. Railroad companies should secure trains and tracks. As in every problem, the American people are best equipped to provide security for themselves, and the private sector is best equipped to provide security for its operations. Gingrich may have identified the problem, but as always, government is not the solution to our problem. Government is our problem.

The president has a duty to ignore unconstitutional legislation. Congress is not the boss of the president. They are co-equal branches of government. But naturally Obama attacked Bush for doing the same thing.

Obama's anti-Commerce Sec. says that Americans must pay for some of China's CO2 emissions. That's the theme of the entire Obama administration - Americans must pay.

Comparison of president's approval ratings. Jimmy Carter had higher ratings than Obama after 6 months. Ouch! Look how different Clinton's rating is. His numbers start off low then rise after Republicans take over Congress. I wonder if Clinton ever thanks Gingrich for giving him a decent legacy. Funny how the two Bushes have the highest numbers on the chart, and they basically tie for the lowest with Democrats and Nixon. The Bushes really know how to ruin a good thing.

So now they can build wind turbines that don't kill bats. What about birds?