It’s another Washington Monument attempt.
I think it’s a great opportunity to renew discussion of privatizing ATC. It works fine in other places, no reason it wouldn’t here.
Category Archives: Economics
The Totally Non-Socialist German Socialist Workers’ Party
Larry Correia righteously and brutally smacks down the idiots who continue to believe that the Nazis are “right wing.” OWS is collateral damage. Or maybe it’s not collateral. Anyway, read the whole thing.
“If It Saves Just One Life”
I agree with this take on how the terrorists won in Boston. This sort of irrational risk aversion is the theme of my book. “Safe” is never an option, in any absolute sense. In order to prevent a potential death of a citizen, the authorities shut the whole town down, costing hundreds of millions of dollars to the local (and probably national) economy. The whole town, that is, except for the Duncan Donuts shops. Which, as he says, really tells you everything you need to know. It was security theater, just like TSA.
Private Unions And ObamaCare
Will it put some of them out of business?
If so, it will be poetic justice.
Life Extension And Entitlements
This is a serious issue about which most people, including most policy makers, are in denial:
Ultimately, the question is this: are Americans entitled to unlimited life expectancy? If so, perhaps we need to say goodbye to the notion of limited government as a greater share of wealth is devoted to the health and income needs of a much longer-lived population. From where I sit, unlimited life expectancy sounds appealing. Unlimited government? Not so much. Mr. Kurzweil’s vision greatly amplifies the urgency of our getting on with the task of fundamental entitlement reforms.
The Founders said that we had a right to the pursuit of happiness, which to me would include the pursuit of an indefinite lifespan, if our pursuit is generally successful, and we’re leading happy lives. But they granted no right to live off the labor of others.
The Chutzpah Of Max Baucus
Mike Pompeo calls him on it:
If it’s a train wreck, Pompeo said, Baucus has no one to blame but himself.
“No one in the country bears more responsibility for the complexity of this law than you,” Pompeo wrote in a letter to Baucus on Thursday.
Baucus, as chairman of the Senate Finance Committee, was a key architect of the Affordable Care Act. Most of its major provisions were crafted in his committee, and the Finance draft was consistently treated as the primary bill even as other Senate and House committees worked on their own proposals.
“You drafted it, you twisted arms to get it passed, and, until now, you have lauded it as a model for all the world,” Pompeo wrote to Baucus. “Your attempts to pass the buck to President Obama’s team will not work, nor will they absolve you of responsibility for the harm that you have brought via this law.”
Baucus has a competitive reelection fight coming up next year — just months after the biggest pieces of ObamaCare are set to take effect. Republicans have already made clear that they plan to target Baucus over his role in getting the healthcare law passed, and problems with the implementation could make the GOP’s job easier.
My emphasis.
It certainly should make it easier. These people are truly disgusting.
The EU Carbon Market
…is dying.
Can’t happen too soon.
Locavorism
Beware the high priests of the religion. This is certainly not something that the government should be involved with.
A Battery Breakthrough?
Let’s hope this pans out. Among other things, it would solve Boeing’s problem. In fact, it might make electric airplanes possible, let alone cars. And some obvious space applications.
The Wreck Of The Euro
It has already failed, and is a dead currency walking:
…we’re in an interesting situation. The crisis is crippling the south, but the south has no power to resolve the crisis. The crisis isn’t comfortable for the north but still looks less painful than the solution. So the north, which has the ability to resolve the crisis, doesn’t have the will to do it and the south, which has the will, lacks the ability.
And meanwhile everything in Europe gets worse. As we’ve said before, with the exception of communism itself, the euro has been the biggest economic catastrophe to befall the continent (and the world) since the 1930s. Politicians in Europe thought they were living in a post-historical period in which mistakes didn’t really matter all that much. They were horribly wrong, and the wreck of the euro is blighting lives and embittering spirits on a truly staggering scale.
An “interesting” situation in the same sense as the ancient Chinese curse, “May you live in interesting times.”