Obama Admits Couldn’t “Convince Americans Of Recovery,” Bashes “The Big Short”

See you everyday Americans just don’t get it. I saved you. Me. The prez. You know – me. Me. That you make far less in real terms than you did when I took office? That 1 in 4  (at least) working age Americans aren’t working? All those people who dropped out of the unemployment numbers because they’ve been on unemployment for over 5 years? That we aren’t creating businesses anything like we used too?

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Crony Capitalism and the Spigot of Government Subsidies

“I’m sorry Elon, but I can’t let you do that.”

(From Creators.com)

The SpaceX website says: “SpaceX designs, manufactures and launches advanced rockets and spacecraft. The company was founded in 2002 to revolutionize space technology, with the ultimate goal of enabling people to live on other planets.” U.S. taxpayers shouldn’t be on the hook for space travel and other ideas of private purpose that won’t benefit many, if any, taxpayers.

Musk is a billionaire many times over.

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Venezuelan Government Imposes Daily Four-Hour Blackout Nationwide

It takes real work to screw up an economy this bad. When a country which sits on massive energy reserves must cut the lights for 4 hours a day one knows that socialists have got to be running things. In a market economy these issues would be solved pretty quickly or more likely would not happen at all.

But hey, everyone will be equally in the dark. So that’s good.

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How Does the World Fight Legal (as Well as Illegal) Corruption?

Some good ideas here. Some significant points of disagreement (the media is all too often not on the good guy side, it’s not just “state capture” it is capture of industry by the state too), but generally a good piece.

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How Wartime Washington Lives in Luxury

War can be excellent business. It is also often hell. So that leaves us in a weird place.

This article needs to be read, particularly by people who are not familiar with Washington DC, our wealthiest American metropolitan area by far. That’s right, not New York, not San Francisco, Washington.

It didn’t used to be this rich. It didn’t use to be this rich not that long ago. And as you know dear readers we have nothing against people being rich.

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What govts spend on social programs (Who spends the most per capita? USA, Canada, or Switzerland?) Graphic

One thing about this data – it is from 2011. (The data not the graphic, which comes from this interesting article on guaranteed income which in our assessment is not a very good idea. But that’s for a different post.)

So when someone calls for socialism and argues that we have some sort of “small government” system, and that we just need to spend more on social programs show them this.  We are not  even close to a laissez faire country.

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5 Things ACA Supporters Don’t Want You To Know About UnitedHealth’s Withdrawal From ObamaCare

D’oh.

In another life I was a property and casualty insurance underwriter. I would assess risk and figure out if premiums for a given area were enough or too much. Was the company too exposed to hurricane damage? What about earthquakes? Balancing risk with premium was the name of the game.

Given my background I have never understood how Obamacare was going to “work.” Obamacare seemed (and is) an adverse selection machine. The sick are more likely to sign up and the healthy have shied from the program for any number of reasons.

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Robert Reich: The New Common Ground Between Populist Left and Right (?) VIDEO

Yes, we are featuring a video by Robert Reich, someone who is often very wrong on very important subjects. Saying that however we very much appreciate this video and its spirit. There are some major points in the video where I think he’s a bit optimistic from his perspective but there certainly are plenty of areas where what we commonly call the “Right” and “Left” can come together to do some real good.

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Government wastes your time and money with its paperwork and red tape (But what are you going to do about it?)

Government is massive. It is inefficient. It is wasteful. It bullies. It over regulates. It hinders commerce. It is the fundamental component of crony capitalism. Crony capitalism can not happen without government. The bigger the government the more crony.

Laws should be simple and straightforward. They should be few. They should be transparent.

To the degree that laws are not simple and straightforward, to the degree that they are many and not few, to the degree that laws are not transparent,

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