Thoughts on big banks.
I use Bank of Jackson Hole. I’ve been with them for years. It’s a small bank, used to dealing with wealthy people, and it’s very user friendly. The only inconvenience is that I have to mail in my deposits.
Category Archives: Business
A Job (And Wealth) Creator, Not Destroyer
Draft Rick Perry for president?
Strange Bedfellows
Tea Party In Space praises Barbara Boxer and Diane Feinstein.
Hey, it’s the best thing they’ve ever done for the space program (a low bar for them, or California Democrats in general), though they’re certainly doing it at the behest of Pratt & Whitney Rocketdyne in Canoga Park and Aerojet in Sacramento, not because they care about space. I hope this throws a mighty wrench in the Senate Launch System works.
How To Settle Space
NASA Comes To Its Senses
It looks like the “two-phase” approach to the Senate Launch System, which would have resulted in a rocket that flew only four times for billions per flight, is dead. The problem is, they still have to operate within the absurd design constraints imposed by the porkers on the Hill.
Going Galt
Obama tunes out, and business goes on a hiring strike:
After April 13 Obama Democrats went into campaign mode. They staged a poll-driven Senate vote to increase taxes on oil companies.
They began a Mediscare campaign against Ryan’s budget resolution that all but four House Republicans had voted for. That seemed to pay off with a special election victory in New York’s 26th Congressional District.
The message to job creators was clear. Hire at your own risk. Higher taxes, more burdensome regulation and crony capitalism may be here for some time to come.
I’m hoping for not more than another year and a half, until January, 2013. We’ll probably survive that long, though there will be a lot of unnecessary suffering. I don’t want to think about another five years of it.
The GM Bailout
A critique of the economic simplemindedness of its defenders. These people need to read Bastiat.
[Update later afternoon]
Todd Zywicki lays out the ugly story.
Back From Florida
But taking a day off to rest from my “vacation.”
Meanwhile, go read my CEI colleague Iain Murray’s thoughts on the hidden tax and the cost of federal regulations.
How Big Is The National Debt?
This big. Scary.
An Update On The Loren Thompson Piece
I’ll probably try to update the post itself over there, but I’ll also note here that, since the publication of my piece yesterday, I have been reliably informed that the United Launch Alliance has no budget for this sort of thing, and if it did, it would spend it more effectively than on the sort of second-rate hackery put out by Mr. Thompson.