Archive for the ‘government’ Category

Time For A Special Prosecutor?

It’s 9:30 PM in Phoenix and it’s a balmy 108 degrees which is a relief given we topped out at 119 degrees, just a few short of a record. I normally shrug it off, but when you wake up in the morning and your air conditioning unit has ceased to operate it does get under […]

Government Gremlins

The Fiscal Times recounting of the state of the government’s process for granting security clearances is like taking a trip back in time. It eerily reminds me of industrial America in the 1970s, a time when product quality and design were abysmal. The automobile industry, for example, was notorious for barely finished cars, autos with […]

Munis And Jefferson County Alabama

Remember Jefferson County, Alabama, the county that embarked on a sewer renovation program which ultimately led to the largest government bankruptcy in US history. It’s a long story which is summarized here, but the bottom line is it involved a fair degree of larceny on the part of lobbyists and government officials as well as […]

Why Central Planning Always Fails

  Jeffrey Dorfman, an economics professor at the University of Georgia, has an entertaining article at Real Clear Markets which reprises the two basic arguments against government central planning. His thoughts aren’t new but in an age in which belief in the ability to solve every problem usually goes unchallenged it’s worth noting his arguments. […]

Few Are Concerned About PRISM

Saturday I wrote that the PRISM uproar had the lifespan of a weekend. Hardly one of my bolder predictions. Judging by this report from the Pew Research Center, the American public could care less. Not only are few people terribly interested but opinions on government spying seem to be driven more by party affiliation than […]

After PRISM

 Human sacrifice, dogs and cats living together… mass hysteria! -Bill Murray, Ghostbusters Well maybe PRISM hasn’t produced human sacrifice, and certainly there’s hysteria but not of the mass kind, but we sure are seeing a lot of dogs siding up to cats. The Wall Street Journal gives the President an attaboy while the NYT sees […]

Slow-Walking The Jobs ACT

Matthew Yglesias advocates for the JOBS Act: But that doesn’t mean nobody is going to crowdfund. It just means the crowdfunding will be done by whole new operations. Fundrise, for example, is a company whose idea is to sell small (as small as $100) shares in urban infill real estate projects to the public. They’ve been […]