Much to my surprise, Senate Republicans held firm earlier today and blocked President Obama’s soak-the-rich proposal to raise tax rates next year on investors, entrepreneurs, and small business owners. I fully expected that GOPers would fold on this issue several months ago because Democrats were using the class-warfare argument that Republicans were holding the middle class [...]
Archive for December 4th, 2010
Words I Don’t Say Very Often: “I Applaud Senate Republicans”
Posted in Class warfare, Economics, Fiscal Policy, Higher Taxes, Obama, Supply-side economics, Tax Increase, Taxation, tagged Class warfare, Fiscal Policy, Higher Taxes, Marginal tax rates, Obama, Supply-Side Econmics, Tax Increaess, Taxation on December 4, 2010 | Leave a Comment »
Great Moments in State Government Stupidity
Posted in Government stupidity, States, tagged Government stupidity, State Government, Virginia on December 4, 2010 | 8 Comments »
Make sure you don’t save an injured deer in Virginia. Not only will the bureaucrats take the animal away from you, but they’ll nail you with three misdemeanor charges just for good measure. I guess the legal approach would have been to let the dogs kill the helpless creature. Here’s part of the WTOP.com report. [...]
Great Video Exposing Failures of the Federal Reserve
Posted in Easy money, Economics, Federal Reserve, Free Markets, Monetary Policy, tagged Easy money, Economics, Federal Reserve, Free Markets, Monetary Policy on December 4, 2010 | 36 Comments »
Thanks to the folks at the Mises Institute, Professor George Selgin of the University of Georgia (!) has a superb presentation on the failings of the Federal Reserve. George was one of my professors at George Mason University back in the 1980s and is one of the world’s experts on competing currencies. This video is [...]