Daily Archives: September 20, 2012
Howard Dean and John Stossel debate at UNC: the proper role of government in a free society
Shop, Sharpen, and Shine
In 1973, the Endangered Species Act (ESA) came into effect. The goal of this ESA, as any kid from any public school in America could tell you, was to preserve species under threat of extinction, through various restrictions both related to the animals themselves and the environments in which they live. The ESA created anContinue Reading
Obama’s cult of personality
Yesterday, I noticed this rather disturbing image of Jim Messina, President Obama’s campaign manager (not the shorter half of ’70s music icons Loggins & Messina). My initial thought: This is incredibly creepy, almost cult-like. THEN it hit me that the Obama camp wanted to hit Mitt Romney for his infamous 47% comments. ButContinue Reading
New at CJO: Wake commissioner, newcomer battle for open N.C. Senate District 17 seat
“The miracle of inflation and recession at the same time”
That will be the result of the Fed’s relentless efforts at jump-starting the economy by creating money, argues Peter Ferrara in this article.
On Bernanke’s “financial morphine”
Jim Dorn of the Cato Institute has a superb piece here in which he attacks the latest round of “quantitative easing” by the Federal Reserve. Dorn calls is an increased dose of “financial morphine.” Hayek referred to the belief held by government officials that they can improve society through laws, regulations, taxes and monetary manipulationContinue Reading
Media economists flabbergasted again
Bloomberg is reporting today that “More Americans Than Forecast Filed Jobless Claims.” As expected, the bad news was unexpected: More Americans than forecast filed applications for unemployment benefits last week, adding to concern the labor market is slackening. Jobless claims decreased by 3,000 in the week ended Sept. 15 to 382,000, Labor Department figures showedContinue Reading
El amiguismo: Un problema más allá de la ideología
Los ricos y políticamente relacionados versus los pobres y desconocidos Cuando trabajé como reportero en Nueva Orleans, en el año 2010, durante las secuelas del derrame de petróleo del Golfo de México, me encontré con varios comunistas declarados. Ellos fueron a la ciudad para protestar por las acciones de “British Petroleum”, y algunos de ellosContinue Reading