This post by Ed Morrissey on a proposal to basically tax return on risk capital until nobody is willing to risk any capital is an example of leftist elites having no idea how this country became so wealthy. You have to read it to believe it.
Browsing Posts in Linked Article
Ed Morrissey at Hot Air posts an article about a Harvard study of what happens when a senator or congressman gets a powerful position and can direct pork into their state or district. Naturally, the Harvard researchers expected business to increase, yet what they found was that more government spending resulted in overall decrease in [...]
From Connie Hair at Human Events: House Budget Committee Republicans, led by ranking member Paul Ryan (Wis.) and vice ranking member Jeb Hensarling (Texas), have a few suggestions. On Tuesday they unveiled a series of spending cuts they call the “Cut Spending Now” package that they estimate would save taxpayers $1.3 trillion. Yes! Paul Ryan! [...]
From Urgent Agenda (where William Katz does a great job of monitoring not only what Brits are doing in Britain, but also what Brits think about America). It would seem that the conservatives in Britain are figuring out that a big state does not lead to a prosperous country.
Hotair has a story that the Dalai Lama is a Marxist, in which he says: “(Marxism has) moral ethics, whereas capitalism is only how to make profits.” Allahpundit says: I know he’s an officially recognized international Wise Man or whatever, but his reasoning sounds like a conservative parody of the left: Sure, free markets make [...]
Bill Whittle… Milton Friedman… Tony Stark… Sounds good to me! This is a great video at PJTV from Bill Whittle’s Afterburner.
Thomas Sowell’s column at Town Hall hits the nail on the head of the President’s “enough money” line. He begins with: One of the many shallow statements that sound good– if you don’t stop and think about it– is that “at some point, you have made enough money.” The key word in this statement, made [...]
Today the Doc takes on how the Big Government left romances people with promises it fails to keep. He also touches on the strange relationship between Big Government and Big Business. For example, the strange relationship between Wall Street and the Democrats. Wall Street gives far more money to Democrats than to Republicans and was [...]
Doctor Zero gives a lesson in “How to Be Poor,” applying individual strategies for self-destructive behavior leading to poverty to the strategies our government elites are applying to the nation. Update: On Doctor Zero’s blog, a reader named Max made this comment and I couldn’t resist adding it to this post too: “In economics, a [...]
Great Line from Doctor Zero
In a post on his blog, Doctor Zero discusses why liberals are objecting to the term ObamaCare. He delivers this great paragraph: The sloppy craftsmanship and outrageous over-reach of ObamaCare make it a “magic eye” portrait of an incompetent president and party. As you stare at the countless little fraudulent cost estimates, unplanned side effects, [...]