The social function of stock speculators. The social function of the futures market. The social function of call and put options.
HEALTH CARE:
When is a law not a law? Whenever Obama says so. Obama endorses plan to allow states to opt out of Obamacare. I want to opt out of Obamacare.
GLOBAL WARMING AND ENERGY:
San Francisco government sabotages toilets, leading to city-wide sewer backup.
WAR ON DRUGS:
Newt Gingrich calls for more oppressive drug laws a la Singapore.
POLITICS:
Here's a nice reminder of how similar the two parties are.
"“Most of the … nation’s governors are leaving their state capitals for the annual winter meeting here of the National Governors Association…. The 103-year-old group has a reputation for bipartisanship. ‘If you were to sit in on one of those governors-only sessions, if you didn’t already know, you wouldn’t be able to tell who the Democrats and who the Republicans are,’ Scheppach said.” (Ray Scheppach is the executive director of this organization)."But the fly in the ointment is that red states are not as financially distraught as blue states. So even those little differences on spending add up.
LOCAL:
When employers enjoy lower taxes, they hire more. Imagine that. Maybe we should lower taxes for everybody.
Found an interesting observation:
ReplyDeleteIf cutting the budget by 61 billion will cost us 700k jobs, then why did spending nearly 1 Trillion is stimulus only create 2.0 million jobs?
It doesn’t add up, and thanks to public education, most people won’t notice it.