We have reported on the cozy relationship the website Think Progress has with this White House in the past. I think that it can be fairly said that TP is pretty much a propaganda vehicle. Basically an outlet of gussied up talking points for the #oldmedia to regurgitate. It certainly is not a legitimate news source. (As the below report from The Daily Caller illustrates.)
On illegal immigration I am of mixed opinion. On the one hand I believe that someone who is willing to work hard and to contribute to society and the economy, who is looking to make a better life for him or herself and his or her family is someone we should welcome to our country. We should respect the pursuit of happiness.
On the other hand we should also respect the rule of law, and for good or ill, we have immigration laws in this country.
In the wake of the housing crash, wide swathes of the desert Southwest, Florida, Atlanta, parts of California, and other places were littered with relatively new homes which were empty. The pre-seeded lawn turf often hadn’t even taken root before the foreclosures began.
Each vacant home represented a personal economic disaster for someone. Families moved in with grandparents. Pets were left in shelters which were filled far beyond capacity. It was only a couple of years ago. For many the memory is still very fresh.
But at about the same time parts of Tuscon started to be reclaimed by tumbleweeds a few hedge funds (and banks) figured that there was yield to be made from renting the homes which were now unused back to the people who could no longer afford to own them. If the homes could be pooled along with the rents, perhaps the investments could even be sold as derivatives.
Market solution right?
As we have said many times the FDA and the pharmaceutical industry are partners. This superb video examines this partnership, crony capitalism in general, and why it is that self interested trade typically benefits society as a whole.
It’s time for the former head of America’s central bank to make bank.
I’d encourage everyone to read the attached article because it is a lovely example of the infatuation some people have with their masters. Actually that’s not fair. The guy makes plenty of good points from the progressive perspective. All the ones one would expect. We wouldn’t have any roads without government. (We would.) We’d all die from salmonella poisoning without the government. (We wouldn’t) Society would devolve into a scene from Mad Max where kids with mohawks marauded through the mall with chainsaws. (It wouldn’t.) All the ones one would expect.
Public pensions are really a joke in many parts of the country. In Chicago, Detroit, California, New York and many other places the economy is saddled with completely unrealistic pension “obligations.” The benefits are just too rich for the people who must now pay for pension plans negotiated by union friendly politicians in years past.
Well, it seems that the good g-men at the SEC, the folks who pursue insider trading, might be moving on insider information themselves. I am shocked! Shocked!
Q: Why did the bureaucrat study people crossing the road?
A: Who cares? The Federal Government gave us a pile of money.
The ALCU and the Tea Party groups got together to fight the IRS last week. Looks like they’re getting together again in Georgia to keep cops from taking people’s property. Good.