Relevant and even prescient commentary on news, politics and the economy.

Before And After

Not surprisingly, the latest widely mocked Luskin piece has now been edited by the honest folks hacks over at National Review. Let’s take a look: Before After FactCheck.org also cited concerns about public perceptions of the $11 trillion deficit number in the 2003 report of the Technical Panel on Assumptions and Methods — a group […]

Donald Luskin Proposes A Massive Increase in the Payroll Tax

Via Jesse Taylor and many other wise bloggers comes a roar of laughter at the latest from Donald Luskin: Doing this may have toned down that big, bad $10.4 trillion number by setting it against a big, good $295.5 trillion number. But this is misleading, too, in its own way. If payrolls are $295.5 trillion […]

Social Security and the Economics of Bill Thomas

Congressman Bill Thomas went on Meet the Press to explain that his “dead horse” comment does not mean he opposes Bush’s Social Security deform. Thomas supports Bush on this issue. In this interview, there were four odd statements but only three came from Mr. Thomas. Thomas’s “dead horse” comment was really a complaint that “the […]

Social Security: Steve Forbes Stealing Pooh’s Pot of Honey

Robert Reich was on CNN trying his best to rebut the disinformation from Steve Forbes as Wolf Blitzer proved him to be a rather biased referee in the duel. Forbes kept repeated the 2018 date as if the alleged Social Security crisis was just over a decade away: STEVE FORBES, FORMER PRESIDENTIAL CANDIDATE: I think […]

The Deficit and The Dollar

From The Financial Times: During the past few years the US has become dependent, not so much on millions of investors around the globe but on a few individuals in a few of the world’s central banks. In 2003, the most recent year with full international statistics, central banks financed 83 per cent of the […]

SpongeBob SquarePants v. the CRACKPOTS

Michael Ventre weighs in on the SpongeBob controversy with this definition of “Crackpot Christians”: But of course, not all Christians are alike. Many, if not most, Christians understand the true message of Jesus. But there is a frightening number of so-called Christians who can be best described as creepy, rigid, arrogant, cruel, know-it-all, pompous, obnoxious […]

Social Security Debate: Does George Will Think I’m a Marxist?

Never mind the fact that David Brooks once claimed opponents of the Bush Social Security plan do not trust markets, George Will is actually getting praised for the following: Voluntary personal accounts will allow competing fund managers, rather than a government monopoly on income transfers from workers to retirees, to allocate a large pool of […]

Who Should be Sec. of State: Condi Rice or Juan Cole?

Even Senators Boxer and Kerry are willing to say Dr. Rice is “qualified” to be Secretary of State, which I find amazing in that both Senators have the courage to admit Dr. Rice is dishonest. But isn’t credibility a key element in the list qualifications for our nation’s chief diplomat? Which is why I really […]

Cheney v. Carter on the Role of the Presidency

The History Channel will air “Inside the Presidency” where they interview both Dick Cheney and Jimmy Carter as well as Gerald Ford. As I read this story, Cheney seems to be admitting that Bush-Cheney has brought back the Imperial Presidency of Nixon-Agnew. Three things about what Cheney apparently said. First, his notion that the President […]

"Freedom"

The Washington Post is reporting that the theme of today’s inauguration speech will be “The Expansion of Freedom.” From the speech: “We are led, by events and common sense, to one conclusion: The survival of liberty in our land increasingly depends on the success of liberty in other lands. The best hope for peace in […]