Marks, Percy, “Under Glass”, Scribner’s Magazine Vol 73, 1923, p 47 The idea is, of course, that men are successful because they have gone to college. No idea was ever more absurd. No man is successful because he has managed to pass a certain number of courses and has received a sheepskin which tells the [...]Continue reading Quote Of The Day
From Coyote: Had Obama been around 10 years earlier with his green jobs program, Enron might never have gone bust – it could have just gotten DOE loans I guess they were just ahead of their time!Continue reading Quote Of The Day
Wow. It’s one thing to carry the necessary delusion that comes with most people in a startup… That self-delusion, the belief that you can’t fail (despite the high proportions of startups that fail), is what is required to overcome the often monumental odds most startups face. But is it merely delusion to submit THIS* to [...]Continue reading Solyndra: Delusions Of Grandeur, Or Just Colossal Balls?
Wow… Just, wow. I’ve heard of people taking quotes out of context, but Rick Santorum is treading down a slippery slope that I think even he, as a hardcore social conservative, would find himself quickly uneasy with: His spokesman Hogan Gidley emails me in response to Mark Miners comments: “Senator Santorum is certainly an advocate [...]Continue reading Rick Santorum Revives The Lincoln-Douglas Debates; Unwittingly Takes Douglas’ Side
Ahh, that veritable font of blogging material, Kevin Drum: And yet, to a large extent, governments are merely responding to the wishes of the public. It’s a simple fact that the average Joe (or Dieter or Emile or Carlotta) believes pretty strongly in folk economics — low inflation, a strong currency, and balanced budgets — [...]Continue reading Quote Of The Day
Megan McArdle, on the Solyndra mess: When banks engage in this sort of behavior, we call it a bubble, and try to figure out how to fix things so they won’t do it again. When government agencies do this, we call it a weekday. Zing!Continue reading Quote of the Day
Yes, my good friends — Gov Jerry Brown has actually vetoed a nanny-state helmet law. Can you believe it? I’ve added the emphasis below. It’s almost refreshing to hear such a sentiment from a politician — a California politician at that. To the Members of the California State Senate: I am returning Senate Bill 105 [...]Continue reading A Blow Against The Nanny State Struck In… California??
From a commenter over at Kevin Drum’s place. The discussion was about problems with the American educational system: Yep. And as the posts by Aaron Carroll and Austin Frakt have shown over the last year (link below) the same is true of our health care system. We’ve gone through a 30+ year binge of hypercapitalism, [...]Continue reading Quote Of The Day
It appears that our Federal $0.184/gallon gasoline excise tax is set to expire in just under 2 months, on September 30. This was news to me. As my colleague Doug blogs over at Outside the Beltway, this is being batted around as potentially being big news — brought to you by Grover Norquist & the [...]Continue reading Should Republicans Fight Gas Tax Renewal?
So I’ve had a tiny bit of time to reflect on the budget deal. Here are the key points: $900B in immediate cuts [1/3 to defense], coupled to a $900B immediate debt ceiling increase. Additional $1.2T-1.5T debt ceiling increase IF Congress either passes a balanced budget amendment or a bipartisan commission creates a debt reduction [...]Continue reading The 2-Minute Budget Deal Reaction: Open Thread
The looming government debt ceiling crisis has cause Obama to threaten inability to pay Social Security checks. It’s renewed the debate, which I’ve hashed out many times (here, here, here and here, for posterity’s sake), whether the Social Security “Trust Fund” is a veritable asset or merely a convenient accounting fiction used to hide deficits. [...]Continue reading Social Security Trust Fund: Accounting Kabuki
Is Gold in a bubble? The Economist thinks so. But instructive is something they wrote back in 1980, just before the culmination of the last major gold bubble: In equity markets, there is much truth to the saying never sell on a strike. In the gold market, which has become in some ways the reverse [...]Continue reading Quote Of The Day
Having “grown up” online — a bit more than most of my contemporaries, as I had the techno-geek life of BBS’ing and AOHell in the early days of the internet — I’ve always had as much of an “online” presence as off. Today, this means that many of my personal hobbies, whether it be making/drinking [...]Continue reading My Take [So Far] On Google+
One would think that one has very little to do with the other. That is, unless one is Gary Bauer, who seems to be taking a tactic I’ve seen too often out of leftists suggesting that if someone in the private sector wants to fire you for saying something bigoted, that it’s an assault on [...]Continue reading Does Gay Marriage Imperil Free Speech?
I was passed this story by a relative, and thought it was absolutely genius: Would you take advantage of a federal loophole that gives you a free first-class flight anywhere on Earth? That’s what hundreds — possibly thousands — of shrewd travel enthusiasts are doing, in light of a 2005 law that unwittingly created a [...]Continue reading Government: Shows A Loss While Selling Money
Apparently Federal Employees in many jobs are more likely to die than be fired… And we’re not talking the Dept. of Defense here… Of course, it’s entirely understandable, as the Federal Government only hires dutiful, public-minded and competent people: HUD spokesman Jerry Brown says his department’s low dismissal rate — providing a 99.85% job security [...]Continue reading Quote Of The Day
Kevin Drum don’t grok numbers. I think we all knew that. But occasionally he goes so far over the edge that it calls for correction, and today’s one of those days. Kevin has taken a handy chart (originally here), and drawn some trendlines onto it to proclaim that we don’t have a spending problem at [...]Continue reading Kevin Drum Is An Innumerate Hack
We runs out of da booze: Hundreds of bars, restaurants and stores across Minnesota are running out of beer and alcohol and others may soon run out of cigarettes — a subtle and largely unforeseen consequence of a state government shutdown. In the days leading up to the shutdown, thousands of outlets scrambled to renew [...]Continue reading The Painful Human Cost Of Government Shutdown
Now, I’m not one to regularly bang the feminist drum around here… But this is f’ing ridiculous: Officer Sashay Brown returned to work in May after having her second child. At first, she worked a desk job. Soon after, though, she was forced to patrol the city streets under a new department policy that was [...]Continue reading Double Standards