October 18, 2007 – 7:22 am
Governor Jim Doyle is once again threatening to shut down the Wisconsin government. He’s so desperate to pass a budget, he’s trying to scare us with stories of shut down prisons and canceled university classes.
“In order to fund essential services that are needed to protect the health and safety of Wisconsin residents, a [...]
October 9, 2007 – 7:27 am
I’ve written before that I’m a fan of the FairTax — it’s a flat consumption tax would do a lot to boost tax compliance, boost U.S. exports, and reduce complexity. So, it was with some interest that I read a New York Times article on a new proposal for a consumption tax. It only took [...]
September 29, 2007 – 4:06 am
A new article posted on the website of my favorite news magazine, The Economist, wonders whether the International Monetary Fund’s new managing director, Mr. Strauss-Kahn, can save the organization from its slide into irrelevancy.
“The organisation’s legitimacy is under increasing attack. Fast-growing emerging economies feel under-represented in an institution where Europe and America still [...]
September 25, 2007 – 2:28 pm
State Children’s Health Insurance Program. It’s a program created by Congress to provide health insurance for children whose parents are too poor for private insurance, but too rich for Medicaid. It’s set to expire at the end of this month and Congress is fighting with President Bush over the terms of its renewal.
The House wants [...]
September 24, 2007 – 8:54 pm
Lately, the dollar has been sinking lower and lower. Indeed, Nixon was President the last time the dollar was this low. A lot of people are really upset about that. I’m having trouble understanding why. Take this commenter for instance:
The dollar, as predicted is being crushed. We are now at Par with the [...]
September 18, 2007 – 3:41 am
In a recent entry (Sunday’s “Alan Greenspan’s life is for sale. We don’t know where.”) I noted that Mr. Greenspan’s autobiography The Age of Turbulence, now on sale, has received rather odd publicity: some newspapers are running whole articles about the book’s declaration that the U.S. is mainly in Iraq due to oil-related reasons, [...]
September 16, 2007 – 9:53 pm
Delays are caused by flight volumes that the FAA Administrator’s ineptly-managed Air Traffic Control system cannot handle. The skies are full, not because there’s no more room in the air, but because the flight controllers can’t keep up with any more flights.
What’s Congress’s solution to this problem? Why, funding a Peace Garden instead of updating [...]
September 16, 2007 – 6:42 am
Alan Greenspan’s memoir is due for release tomorrow, and the news stories teasing its contents, they be a-poppin’.
Not that this is actually going to help Mr. Greenspan’s book’s sales as much as it might, since hilariously, both of the articles I’ve read on the subject today failed to mention the book’s title. How much [...]
September 9, 2007 – 9:23 pm
The New York Times published a long story last week on the sub-prime mortgage “crisis”. Can the Mortgage Crisis Swallow a Town? - New York Times. As I read through it, there were a few points that jumped out at me.
One of those loans belonged to Audrey Sweet, a Maple Heights resident and [...]
September 8, 2007 – 11:23 am
More than two years after Hurricane Katrina, much of New Orleans still lays in ruins. There are those that would blame that on the federal government. They are the same people that blame President Bush for their uncut lawns and unweeded gardens.
Instead, there are two things to consider: one, where are the local leaders who [...]