Nelson Mandela has died. He was 95, so while I think sadness is appropriate, we should more celebrate what the man accomplished.… Read more
Liberal pundits and advocates are constantly talking about a “living wage”. The last few years have a been a constant drumbeat about how we need to raise the minimum wage, with some now advocating that Obama should just bypass Congress and do it by executive fiat. It’s even gotten to the point where America’s Dumbest Intellectual deceitfully disputes the basic economic consensus that increasing the minimum wage increases unemployment.
(That last part is not complicated. … Read more
As you my have heard, there’s a trial going on here in San Francisco about the legality of the complete lack of any sort of due process concerning the US’s “no fly” list. The NY Times has a good background article on the case, which notes that somewhere around 700,000 people appear to be on the list, where there’s basically no oversight of the list and no recourse if you
I do not believe that it was coincidence that US interest rates, and for that matter interest rates across the globe, have been held so low for the last 5 years or so. That’s because as the report titled McKinsey Global Institute -Quantitive Easing (QE) and ultra-low interest rates: Distributional effects and risks (72 pages) shows, our government, and many others, used QE to transfer wealth from savers to themselves.
Traditionally interest rates have floated … Read more
It looks like yet another person that pointed out how corrupt this administration and the left are in a medium that gave them good visibility is going to get fucked by the scumbags sympathetic to the crooks in charge. It is time for the IRS to go. We have a DOJ that’s not more honorable or clean than your average mafia outfit and the most powerful institution in America, the IRS, fucking over anyone … Read more