Tarheel Red

Remember the bad old days? Back before AT&T was split up? See, prior to 1984, the government required certain services from AT&T. In exchange for providing these services, the government allowed AT&T to operate in a near monopoly. [notice that without the government enacting certain regulations, AT&T would not have been able to construct such a monopoly on it’s own.] After that divestiture, AT&T was forced to compete and guess what happened?

Continue reading →

2 Comments

Posted in Economics, Health Care, Politics: National, Politics: North Carolina

Tagged Abuse of Power, Barack Obama, Leftist, Regulation, Single Payer, Socialism

Keith Olbermann is a Big Fat Liar

Posted on March 2, 2010 | 5 comments

I held off on this for a while. Olbermann is talking about some very personal and painful experiences and I wasn’t sure it was appropriate to politicize this. Then I realized that he already had.

Continue reading →

5 Comments

Posted in Health Care, Politics: National

Tagged Barack Obama, Keith Olbermann, Leftist, Politics, Single Payer, Socialism

When the Government Rations

Posted on March 2, 2010 | Leave a comment

Do you wanna know what happens when the government, through fiat, controls a market? It rations the service or product. And what the government sees as a cost, the private sector sees as an investment. And what do you get?

Continue reading →

Leave a comment

Posted in Economics, Health Care

Tagged Abuse of Power, Barack Obama, Left, Leftist, Liberal, Politics, Single Payer, Socialism

The GOP is Limiting Their Base

Posted on March 1, 2010 | Leave a comment

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!”

Continue reading →

Leave a comment

Posted in Diplomacy, Liberty, Politics: National, Politics: North Carolina

Tagged Christianity, Conservative, Islam, Politics, religion, Republican, Right

Economics: Moral Hazard

Posted on March 1, 2010 | Leave a comment

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

But it makes sense. Consider this:

Continue reading →

Leave a comment

Posted in Economics, Fun

The Best Way to Get Rid of Junk

Posted on March 1, 2010 | Leave a comment

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!

Leave a comment

Posted in Economics, Politics: National

Tagged Conservative, Michigan, Privitization, Taxes, Unions

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

Posted on March 1, 2010 | Leave a comment

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.