You read that right. Connecticut’s funding of its pension obligations ranks #48 in the country only to be outdone by Kentucky and Illinois. Connecticut, with a pathetic 51.9% of assets to pay future obligations isn’t even close to dealing with its unfunded pension obligations. Like so many other states in similar predicaments, i.e.: Rhode Island, […]
Archives for October 2015
“Our Core Second Amendment Rights”: Part I
Originally posted August 8, 2013. Over four decades ago, I met Cato Institute Chairman Bob Levy. Bob and I were both associated with a New York-based institutional research and trading firm. In recent years, Bob became chairman of the Cato Institute. Since then Debbie and I have become closely involved with Cato thanks to Bob […]
Syria: “The U.S. Has Nothing Vital At Stake”
The American Conservative’s Daniel Larison tells readers, “The real shame of Obama’s Syria policy is not that he has mocked his hawkish detractors, but that he has made the mistake of listening to them at all.” Daniel writes, “The truth is that the mostly hawkish objections to current Syria policy are “half-baked” and always have […]
The Tragedy of NYC Schools
Why does NYC Mayor Bill de Biasio want to protect the entrenched interests of an education system in which only 19% of black students in district schools are working on grade level? Nicholas Simmons, a vice president in the Success Charter School network, writes in the WSJ that he worked in the same building as […]
Average Federal Compensation: $120,000
Your federal tax dollars help support the third highest average (far from it!) paying jobs. Cato’s director of tax policy studies Chris Edwards explains: New data show that worker compensation is rising faster in the federal government than in the private sector. After rapid growth in federal pay during the George W. Bush years, growth […]
The Second Amendment-A Guarantee Against Disorder and Tyranny
Originally posted May 13, 2015. Professionalsoldiers.com tells readers, “ Throughout history, disarming the populace has always preceded tyrants’ accession. Hitler, Stalin and Mao all disarmed their citizens prior to installing their murderous regimes…When our founding fathers ensured that the 2nd Amendment was made a part of our Constitution, they were not just wasting ink. They […]
Your Burgundy Wine Tour
Burgundy or Bordeaux? When The Wine Questionnaire asked the “B or B” question of Daniel Johnnes, wine director for Daniel Boulud’s Dinex Group, Daniel answered, “Ask anyone in the world of wine and they will laugh at the question. BURGUNDY!!!.” Burgundy and Its Wines tells readers, “In Burgundy it is the terroir—the peculiarly French combination […]
Bernanke Courage?
Former Federal Reserve Chairman Ben Bernanke is promoting his new book, The Courage to Act: A Memoir of a Crisis and Its Aftermath, writing in a WSJ op-ed what monetary policy can and cannot achieve: What the Fed can do is two things: First, by mitigating recessions, monetary policy can try to ensure that the […]
Kill the Second Amendment!
Originally posted July 27, 2014. That is exactly what retired Supreme Court Justice Stevens proposes. Notwithstanding that there is zero chance an amendment to kill American gun rights would pass, lunatic proposals such as the current one by Stevens, are the province of the Marxist/Progressive/left movement . Here is the elephant in the room for […]
Hillary’s Executive Order?
Kevin D. Williamson reminds us in NRO that theatrical shootings like the most recent one that took place at the Umpqua Community College in Oregon are not the problem. Nor, as he notes, are hysterical reactions the solution. As President Barack Obama rushes to make another pitch for stricter gun-control policies and Hillary Clinton proposes […]
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