Obama works to divide and conquer

The strategy of the Democratic party – and of leftists in general – is to continually push policies that centralize control of citizens’ lives at the federal level. This is where they – the elite who have much better ideas than we, the benighted rabble – can have the most impact on us while remaining [...]

Brainlessness behind the “stimulus”

I couldn’t have said it any better than this brilliant column in Reason magazine. The core of its brilliance:
The theory of economic stimuli suffers from several serious problems. First, it assumes people are stupid. Tax rebates, for example, presume that if people get money to increase their consumption, businesses will expand their production and hire [...]

Experts say bailout is grossly mismanaged… and this is a surprise?

The oversight panel for the Treasury Department’s bailout has testified to a Senate panel that the program is mismanaged, inefficient, incoherent, and ineffective… in short, living up to all the predictions by critics of the bailout. What is difficult for me to fathom is how this comes as a surprise to ANYone.
Naturally, bailout proponents will [...]

Obama’s ‘Stimulus’ plan has been tried – and it failed

As the incoming Obama administration watches its job get tougher with each day, it’s working hard to come up with a plan that convinces everyone the new president means business. Unfortunately, a new president with something to prove is the last thing the economy needs, and Obama’s proposal to dump a trillion dollars into the [...]