The advancement of liberty and free markets deserves to be celebrated. And on May 21 it will be when the Cato Institute presents Leszek Balcerowicz, former Deputy Prime Minister of Poland, with the 2014 Milton Friedman Prize for advancing liberty. Balcerowizc was a student of the “Five P’s”: prior preparation prevents poor performance, explains Cato […]
Good ‘Ole Warren Buffett
Warren Buffett has pulled the wool over the eyes of so many with his “aw shucks” mid-western persona. But in reality he’s a self-preserving stock salesman just as comfortable playing inside Wall Street boardrooms as he is inside the D.C. beltway. On the tax front he’s been of no help to successful Americans trying to […]
Self-Reliance Works
Residents of New York, New Jersey, and Connecticut are the most negative about their state’s taxes according to an April 9, Gallup poll. At least 75% of adults in the New York tri-state region say their state taxes are too high. Half of the residents in Illinois and Connecticut want to move to a different […]
Invest in Texas
I’ve been keenly interested in the investment theme surrounding vigorous competition between states. But when I look at Rhode Island and compare it to Texas or North Dakota, I ask is it even a competition? It’s not even close. The WSJ ran a piece yesterday discussing the pressures put on the infrastructure in Texas from the […]
80% Michigan Health-Care Workers Say Goodbye to SEIU
When workers are given a choice to either pay unions dues or keep the money for themselves, they’re choosing to keep the money. In 2012 Michigan became a right-to-work state. Since then, 80% of home-based caregivers have left SEIU according to the Mackinac Center for Public Policy: More than 44,000 home-based caregivers no longer are […]
VIDEO: Making Social Security Solvent
A Liberal’s View of the World: Demand-Side Economics
I have a hard-time with the economic viewpoint that “two-thirds of the economy is consumer spending.” It’s like saying my household “economy” is based on the bills we pay rather than the work we do. It’s a demand sider’s view of the world. My household economy is about our J-O-B-S. It’s a supply-side view. Liberals […]
VIDEO: Led Zeppelin – FULL Heartbreaker – Madison Square Garden 1973
If You Use a Phone, You Should Care
The Hill reports on Senator Rand Paul’s class action lawsuit against President Obama, the NSA and others involved in collecting Americans’ telephone metadata. “I am filing a lawsuit against President Barack Obama because he has publicly refused to stop a clear and continuing violation of the 4th Amendment,” Sen. Rand Paul said in a statement […]
Billionaire Larry Ellison’s $10.5 Million Newport, RI Beechwood Mansion
In 2010, Larry Ellison paid $10.5 million for the Astors’ Beechwood mansion on Bellevue Ave in Newport, RI not far from my office. And based on all of the heavy duty staging, Ford F-150s, and workers (that I can see) $10.5 mil is simply the price for admission. Larry’s going deep on this one. Meanwhile, homes […]
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