Economics & Politics
By marfdrat on March 1, 2014
Earlier this week, Harry Reid basically said stories about the millions of people being negatively impacted by Obamacare were lies made up by the Koch brothers, or something. The National Republican Senatorial Committee came up with a reply.
By marfdrat on February 9, 2014
As harebrained schemes go, this one’s a real winner. Let’s have an institution that can’t even cover its costs for performing its core function get involved in offering check-cashing services and making small money loans to “underbanked” people who probably can’t afford to pay them back. But hey, if they lose money on this scheme, it doesn’t matter – it’s somebody else’s money anyway, right? This is precisely what Fauxcahontas -a financial genius in her own mind- wants to have the POST OFFICE do.
By marfdrat on December 23, 2013
Here’s an interesting illustration that points out the differences in these two social/political ideologies: North Korea has almost 25 million people, and this is how much light is generated there at night. For reasons that are a complete mystery to me, this is an economic system that lots of people in the United States would like to see in place. Do they really understand what it produces?
By marfdrat on December 16, 2013
This guy actually didn’t show up for work for 18 months (one of many absences), yet continued to receive salary and bonuses ($206,000 annually) that totaled more than the administrator of the EPA. Didn’t anyone notice -or care- that he wasn’t showing up? Are they that busy that they didn’t have time to deal with an employee who didn’t bother to show up for work, or did they just not care (I suspect it was the latter)?
By marfdrat on December 14, 2013
Part of a longer interview with Nick Gillespie at Reason.com
By marfdrat on December 13, 2013
There’s a set of assumptions that seem to go with liberal/progressive descriptions of capitalists: wealthy, greedy, exploitative, and most of all evil. That set of assumptions is built in to their explanations of everything that’s wrong with the American economy today. The only problem is none of them are true. Jonathon Moseley explains at American Thinker explains what a capitalist is, and what it is not:
By marfdrat on December 11, 2013
Looks like Mrs. Obama isn’t too happy about it. Does the man think of anyone but himself? Did he think for a minute that this might be beneath the dignity of the office?
By marfdrat on December 6, 2013
The president said just this week that he wants to focus the remaining years of his presidency on addressing income inequality. Looks like D.C. will be a good place to start. Median family income there has exploded past the rest of the States. (via ZeroHedge). Doug Ross has an excellent suggestion: cut every non-defense discretionary agency budget by 50%. That would perhaps make a dent.