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Will States Compete for Prosperity or Charity?
How do we help failing states? Efficient states are growing. Heavily regulated states are shrinking as young people leave to find better jobs and a better life. That out-migration is beyond the...
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Too Big to Prosecute Replaces Too Big to Fail
I was comfortable with economics. I understood competition. I understood monopoly firms trying to take over smaller firms. I’m not comfortable with large firms trying to take over the government and...
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Failed States Refuse the Cure
What do Detroit, Michigan and Greece have in common? Both are failed governments. Both persist as empty shells because their political special interests continue to be fed by the dying political...
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Please Sequester Me More
This graph shows how much federal spending has grown with time. It also shows the size of the sequester cut. The sequestration is because Republican Representatives said it is time to spend less. Not...
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Money Screams in Politics
There has always been money in politics. That is because government has always been for sale and worth buying. Once you own a politician, you can raid the treasury, or you can make sure government...
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Hi, I’m a Politician, and I’m Here to Sell You
Tom Sowell describes how the government bureaucracy acts to protect itself. Back in my teaching days, many years ago, one of the things I liked to ask the class to consider was this: Imagine a...
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Another Conversation with Paul Lathrop on the Politcs and Guns Podcast,...
. I had an exciting conversation with Paul Lathrop on his Politics and Guns Podcast. We talked about a wide range of topics; self-defense and civilization economics and politics girl guns the world...
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The Cyprus Bank Bailout Made Easy to Understand
The Cyprus bank deal is easy to understand. We are watching the economic expression of a political problem. We let the politicians put their hand into banking. Politicians did what was best for...
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Stockton’s Going Out of Business Sale
The city of Stockton California is in bankruptcy court this week with a verdict expected on Monday, April 1st. The city played a political game and they played it well. They promised more than they...
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What it Means to be Progressive
Progressive. Isn’t that a French word for unemployed? European voters swallow media myth of budget austerity.htm The spending of European governments grew every year. Evidently you can condemn...
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Youth Unemployment Hits 64% in Greece as Politicians Stay Stuck on Stupid
Unemployment line in Greece Two out of three young Greeks can’t find a job. That is bad news, but the statistic only counts the young men and women who remain in Greece looking for work. It ignores...
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Is That a Handout or a Hand Up?
I think I finally understand how the whole tax and regulatory scheme is supposed to work in the Obama years. Aid to the poor, and aid to anyone for that matter, is about building greater dependency....
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Will States Compete for Prosperity or Charity?
How do we help failing states? Efficient states are growing. Heavily regulated states are shrinking as young people leave to find better jobs and a better life. That out-migration is beyond the...
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Slavery in Detroit
I thought slavery was illegal in the US, but welcome back to slavery. A Michigan judge ruled that current Detroit citizens must pay retired city workers their pensions. How could a judge rule that...
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Who Should Pay for Detroit’s Failure?
Detroit filed for bankruptcy a few weeks ago. Now the political forces on each side argue that someone else should pay for their mistakes. I think all the creditors should be penalized and get a...
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Another One Bites the Dust- San Bernardino Edition
Another California city ran out of other peoples’ money. Actually, it happened a year ago. San Bernardino ran out of money and filed for bankruptcy protection last August. That is when the city...
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The 28th Amendment to the US Constitution
This idea has been around so long I’d forgotten about it. The President, and all sitting members of Congress, both the House and the Senate, are ineligible for re-election for life if the federal...
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Darrell Issa Votes for More Government Debt!
My congressman says he is for smaller government, yet he votes for larger government. Actions speak louder than words, Darrell Issa. Other congressmen voted against the debt increase, but Congressman...
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Fiscal Sanity Threatens the Democrat Political Machine
Methodical court proceedings determine if Detroit can file for bankruptcy. The news headlines shout that one of Detroit’s financial advisers finally admitted the city can’t pay more than 16 cents on...
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Throwing Good Lives After Bad Politicians
President Obama sold our children into debt. He did it as surely as if the children had taken student loans and car payments.. except our children received no education and no car in return. Today’s...
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