Monthly Archives: March 2010

The GOP is Limiting Their Base

The more and more I watch, follow this stuff and learn, I begin to feel that there is no party for me.  I see these far far off the map religious kooks and I’m like “Jeez!  That’s not even CLOSE to me!”

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Economics: Moral Hazard

As cars have gotten safer, accidents have gone up.  Weird, huh?

But it makes sense.  Consider this:

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The Best Way to Get Rid of Junk

Auction it.

EGELSTON TOWNSHIP, Mich.  —  An anonymous buyer has purchased a western Michigan pedestrian bridge for $1.

But why would the government sell a perfectly good bridge for a buck?

Egelston Township used the bridge to give students safe passage to an elementary school. The school no longer is used for elementary students.

Egelston Township Supervisor Mike Thompson … was worried about the safety of the seldom-used, 39-year-old structure.

Can you imagine how much it would cost the township to think about, debate, vote, put to bid and then PAY union workers to tear down that bridge?  Hell, itta be 10 years before that sucker finally came down; due to torrential rain or some other such nonsense.

Government should guide, market should do!

March 1st, 2010: Chance of Recession in the Next 12 Months — 00.043%

Using data from the New York Federal Reserve, the chance that the United States will enter a recession in the next 12 months is 0%.  The Vikings have a better chance of wining the Super Bowl!  For perspective, you have to go back to September of 1983 to find a period in time when there was less of a chance.

Hat Tip- Mark Perry: Carpe Diem

Capitalism: Millions of People Are Being Yanked Out of Abject Poverty Daily

It’s a pretty familiar refrain “Everything is made in China, that’s why it’s so cheap!”

This is usually followed up with the typical “slave labor” and “sweat shop” and other oft trotted out horror stories.

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