Statists gonna state, Argentina’s soon to be former crony president says she’s going to remain in the spotlight

Christina Fernandez de Kirchner apparently has no interest in bowing out of politics gracefully. Ala Nancy Pelosi she will remain in the political wings, waiting for an opportunity to reassert herself, keeping rivals from rising, and making sure her presence informs the political decisions of allies and enemies alike.

Read More

Argentinean Libertarians Point Out Macri’s Big Government Credentials

The victory over the Peronists in Argentina is clearly a victory for the Argentine people and for freedom generally. However, Macri comes to power with much to prove. Will he break with the cronyist system which is so entrenched in Argentina? Can he?

Read More

Bank Of America Forecasts No Recession Until 2027 (If Ever), Sees S&P At 3,500 In 10 Years

All I know is that the B of A economist was seen driving around in this before he wrote the report.

Mark this post. No recession until 2027. Whoopee! Take that to the bank! Bank of America that is! Happy days are here again. Good thing the always reliable economists can see 12 years into the future. I, seriously, feel so much better about things. Just wonderful.


Read More

Report: Top Politico reporter trades favors for access (To Chelsea Clinton?)

Politico’s beat.

The crony media is not a new topic here and the news that one of Politico’s top dogs promised to be extra special nice to Chelsea Clinton in an interview doesn’t surprise us. It probably doesn’t surprise our readers either. But it is worth noting how cuddly the generally liberal but often excellent website is, with, well, politicos. I have been to a few Politico functions. “Lovefest” is too strong a word,

Read More

If You Think Corporate Inversions Are Bad, Blame Politicians rather than Pfizer

Image: Tax Foundation

I actually don’t think corporate inversions are bad. There are lots of things corporations do which are bad, and we chronicle them here all the time. Working the system for subsidies. Working the system to gain inside contracts. Gaming the system to shut out competitors. Buying politicians. And a million other things. But inversions in principal are not bad. Of course a corporation is going to want to minimize its tax outlay. People do. If I was a shareholder of a company I would expect that company leadership would do the inversion thing if it made sense.

Read More

Washington Post: Inside the Clinton Donor Network

OK future Washington hacks – Dem, GOP and otherwise, this is how you do it. Actually, it’s probably best that you skip this article now that I think about it.

The rest of our readers however, the ones who are actually sane, who would never willingly spend their lives in a blind quest for power, should read this article. Bill and Hillary have raised $3 billion in their careers. That’s a hell of a lot of money and it all came from people who wanted something.

Read More

Statist Brookings Institution is afraid that people actually want a simplified tax code

I love this. The old fashioned 20th Century statism just drips from the attached piece. Vanessa Williamson, fellow at Brookings, arguably the most prestigious statist think tank in Washington, is afraid that people will actually like the idea of closing loop holes in the tax code. She recognizes correctly that if the tax code is simplified, if things are made more simple and more efficient, the government won’t be able to take as much from the citizenry. That is precisely  of course why we need to simplify the tax code.

Read More

A Furious Ralph Nader Calls Out The Fed As “Tribune To Plutocratic, Crony Capitalism”; Janet Yellen Responds

We have a few really liberal (the American “modern” kind) favorites and Ralph Nader is one of them.

We like him not because he agrees with us on everything, he certainly doesn’t, but he has a moral compass. He has a deeply developed sense of right and wrong. This is something too many in the political world both on the Left and Right simply do not have.

Read More

Unease, But Little Opposition as France Curbs Basic Freedoms

She is from France.

We in the West made it through the whole Cold War without tossing aside our freedoms for the most part. In the face of nuclear annihilation we remained relatively free. Indeed it was these freedoms which helped us define ourselves relative to our totalitarian communist rivals. Our freedoms were what made us, us.

But this sentiment, this general reverence for freedom, has been on the wane since September 11th 2001. The attacks in France seem to have spurred an even greater move toward a soft totalitarianism in the West.

Read More

Poll: 1 in 3 Independent and Republican voters see the government as an “enemy”

Many people see the federal government as not reflecting their views at all. Some see the unending expansion of the state into every nook and cranny of life, and the gaming of the government by powerful corporate and political interests, as a real threat. Indeed that our massive government is encroaching on the things many Americans hold particularly dear, independence, for some – faith, economic liberty, liberty generally, privacy, and so on.

Read More