If the thought of “group tours” evokes visions of long queues shuffling onto a Greyhound bus, think again. Read here from the WSJ how, for only tens of thousands of dollars, you can travel like a billionaire on a private Boeing 757. From Abercrombie & Kent, to Four Seasons, to National Geographic Expeditions, guided tours […]
Archives for July 2014
Big Business the Enemy of Capitalism?
What, how can this possibly be true? The answer is simple as the Cato Institute’s Dan Mitchell rolls out for readers. Big business, including insurance and pharmaceuticals, supported Obamacare. And big companies are now supporting, as Dan calls it, the corrupt Export-Import Bank. Big business is perfectly happy, as Dan writes, supporting higher taxes at least […]
S.2277 The Russian Aggression Prevention Act of 2014 Part II
Lead War Dogs John McCain and Lindsey Graham headline a list of 26 Republican co-sponsors to an aggression act that if taken to its end point would, as Pat Buchanan notes, virtually sever relations between the U.S. and Russia. The aggression act has little chance of gaining enough traction to pass as not a single […]
Inconvenient Truths
Here’s the good news: Last year, Social Security spent $75 billion more than it took in. How is that good? It’s good in comparison to Medicare’s unfunded liabilities that exceeded $48 trillion, up $5.2 trillion from last year. The dishonest distraction from both Democrats and Republicans of “demagoguing” entitlement programs like Social Security and Medicare […]
S.2277 the Russian Aggression Prevention Act of 2014
This act, introduced in the Senate by Bob Corker and the Republicans, potentially is going to bring the GOP, if not the country, to a watershed moment in American history. I am opposed to S.2277 and urge all members of the Senate and House to reject this overt act of interventionist aggression. As Pat Buchanan […]
I Support Justin Amash Rep. Michigan
John Boehner and the U.S. Chamber of Commerce, lap dogs of the military industrial complex, want no part of small-government-centric Justin Amash. Justin was the featured speaker/guest at a recent high level Cato Institute conclave. I thought Justin did a wonderful job, as did everyone at Cato. Michigan voters are fortunate to be able to […]
A Despicable Idea
Would you be comfortable with the chilling proposal that all your financial info that institutions are required to report to the U.S. government would be shared with foreign governments? This proposal comes from the Organization for Economic Cooperation and Development (OECD), which started as a statistical collection and dissemination agency to promote free trade among […]
RIP Alan ‘Ace’ Greenberg
Alan ‘Ace’ Greenberg, former CEO of Bear Stearns passed away on July 25. The Wall Street Journal writes: Alan “Ace” Greenberg, the executive who helped turn Bear Stearns Cos. into one of the world’s biggest—and riskiest—securities firms, died of complications from cancer in New York on Friday at the age of 86. Mr. Greenberg began […]
Truth or Consequences?
Jonathan Gruber, a MIT economist and staunch defender of O’Care, helped to write Obamacare. At least twice in public Mr. Gruber has made assertions that support the D.C. Circuit Court of Appeals ruling last week in Halbig v. Burwell that, in the plain language of O’Care, subsidies for health insurance can only be delivered through […]
Cato’s Dan Mitchell KOs Paul Krugman
For my money, the writings of one Paul Krugman have always led to, well, revulsion. Krugman and his ilk find favor with socialist and income redistribution types as found, by example, in France. And in the recent European Parliament elections, hard right wing third-party leader Marine Le Pen of Front National kicked the stuffing out […]
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