Saturday, December 20, 2014

It’s insanity.

Don Boudreaux
No one in their right mind would trust Barack Obama (or Elizabeth Warren or Chuck Schumer or John McCain or Lindsey Graham or… the list of officious ignoramuses is long) to perform cardiovascular surgery on their children or even to replace the garbage disposals in their kitchens, yet we trust these very same buffoons with extensive powers to intervene into the economy.  It’s insanity.   

Thursday, December 18, 2014


A politician, when motivated by benevolence, will tend to favor his family, his friends, members of his party, inhabitants of his region or country (and this whether or not he is democratically elected).  Such benevolence will not necessarily redound to the public good.  And when politicians are motivated by self-interest unalloyed by benevolence, it is easy to see that the results may be even less satisfactory.
 Ronald Coase‘s 1994 collection, Essays on Economics and Economists;    

Wednesday, December 17, 2014

Delay law exams because…

Delay law exams because…
Do we delay law exams because ivy league students at Columbia or Harvard are disturbed by the recent killings of a couple blacks by white policemen? Yes, they do.  Now ‘we value nothing as highly today as we do displays of emotion and pique,’ says a commentator on this reality.  Add pique (insult) to emotion, mix slowly into youthful hormones and what do you get?  Irrational violence and counterproductive advocacy. Yep.  Youth is too often wasted on the young.        

Saturday, December 13, 2014

Our gang

            Our gang

Jesse James, Al Capone, Billy the Kid, the Bloods, the Black Panthers, ………..   - were these gangs?  No they were shooters and their associates, so says our 2014 redesigned, politically correct, liberally directed news media.  Yes, I heard about a local school shooter and his “associates” finally detained after an incident.  It’s not the wild west of gangs and desperados; rather it’s the wild left dictating our use of language and thought. 

Friday, December 12, 2014

Illegal Immigrants Now Eligible for Earned Income Tax Credit – Thank you Obama

Illegal Immigrants Now Eligible for Earned Income Tax Credit – Thank you Obama

President Obama’s unilateral executive action on immigration will make hundreds of thousands, perhaps more than a million, illegal immigrants eligible for federal transfer payments. That will be done primarily through two widely used programs — the Earned Income Tax Credit, or EITC, and the Additional Child Tax Credit, or ACTC.
As it turns out, those two programs are already among the most corrupt and fraud-ridden in the entire federal government. A newly-released report from the inspector general of the Internal Revenue Service confirms that the EITC is plagued by fraud (which was already well known) and also reveals for the first time that the ACTC is even worse.

Thursday, December 11, 2014


NOTHING TO WORRY ABOUT, PURELY A PRECAUTION: Treasury Department Seeking Survival Kits For Bank Employees; Emergency masks, solar blankets to be delivered to every major bank in the U.S. “It is not clear why the Treasury Department is ordering the kits. Contracts for survival kits are usually made for the military, or law enforcement such as the FBI.”
The survival kits must come in a fanny-pack or backpack that can fit all of the items, including a 33-piece personal first aid kit with “decongestant tablets,” a variety of bandages, and medicines.
The kits must also include a “reusable solar blanket” 52 by 84 inches long, a 2,400-calorie food bar, “50 water purification tablets,” a “dust mask,” “one-size fits all poncho with hood,” a rechargeable lantern with built-in radio, and an “Air-Aid emergency mask” for protection against airborne viruses.
Survival kits will be delivered to every major bank in the United States including Bank of America, American Express Bank, BMO Financial Corp., Capitol One Financial Corporation, Citigroup, Inc., JPMorgan Chase & Company, and Wells Fargo.
Items will also be delivered to OCC offices across the country, from Champaign, Ill. to Billings, Mont. The agency also has offices in Sioux City, Iowa; Joplin, Mo.; and Fargo, N.D.
The mission of the OCC is to “ensure that national banks and federal savings associations operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations.”
The agency has roughly 3,814 employees, each of which would receive a survival kit. The staff includes “bank examiners” who provide “sustained supervision” of major banks in the United States.
Posted at 7:43 am by Glenn Reynolds 

Tuesday, December 09, 2014


(***not a comprehensive list)
1. "I will have the most transparent administration."
2. "I have shovel ready jobs."
3. "The IRS is not targeting anyone."
4. "If four Americans get killed…uh…. it is not optimal." (Benghazi)
5. "ObamaCare will be good for America."
6. "If you like your doctor, you can keep him, period."
7. "Premiums will be lowered by $2500"
8. If you like your health insurance, you can keep it, period.
9. "I did not say you could keep your health care." (Regardless that 29 recorded videos show I did)
10. "No one making less than $250,000 will see their taxes raised one dime."
11. "Benghazi was because of a youtube video."
12. "If I had a son…"
13. "I am not a dictator."
14. "I will put an end to the type of politics that “breeds division, conflict and cynicism".
15. "You didn't build that."