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Archive for August 21st, 2010

I don’t know if this exchange of letters is real, but what’s amusing (and sad) is that it could be real. Enjoy. *************** Mr.  Ryan DeVries, 2088 Dagget Pierson, MI 49339 SUBJECT: DEQ File No.  97-59-0023; T11N; R10W, Sec.  20; Montcalm County Dear Mr. DeVries: It has come to the attention of the Department of [...]

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I hope the title of this post is an exaggeration, but it’s certainly a logical conclusion based on what is written in the Congressional Budget Office’s updated Economic and Budget Outlook. The Capitol Hill bureaucracy basically has a deficit-über-alles view of fiscal policy. CBO’s long-run perspective, as shown by this excerpt, is that deficits reduce [...]

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A reader has asked me to weigh in on the mini-controversy that was triggered when a Wall Street financier said fighting Obama’s tax hikes was like a war and that the battle was “like when Hitler invaded Poland in 1939.” While it seems clear that Stephen Schwarzman was not saying Obama was a Nazi or [...]

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