The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Solyndra as Symbol and Metaphor

“Where are you going to find a nickel’s worth of business sense in an administration where there’s no private-sector experience? And caution is for lesser mortals, not The One and his chosen crew.” — Glenn Reynolds, “SolarGate Update” The half-billion deficit dollars pissed away on a bankrupt boondoggle of “green jobs” may become the scandal […]

Herman Cain Slams Obama on Jobs: ‘Zero Leadership, Zero Plans, Zero Results and Zero Understanding of Basic Economics’

From the Atlanta businessman’s presidential campaign: “We learned today that not a single job was created during the month of August in the United States of America. In the land of endless opportunity and abundant freedom, the very promise that has inspired generations of industrious and innovative people seems to be dwindling away. After trillions […]

‘Missed It By That Much, Chief’

Drew M. at AOSHQ reacts with an old Maxwell Smart line to the “unexpectedly” news about August unemployment, as live-blogged this morning by the Wall Street Journal‘s Mark Gongloff: The consensus [expectation was] for 70,000 new payroll jobs and a 9.1% unemployment rate. . . .Payrolls were [unchanged]! Zero jobs. Unemployment came in at 9.1%. . . […]

Does Anyone Else Remember …?

During the mid-term election campaign last fall, nearly every GOP congressional candidate was slammed by attack ads accusing them of favoring “tax cuts for companies that ship jobs overseas.” That accusation was made routinely (and misleadingly) against Republicans who had signed a no-new-taxes pledge from Americans for Tax Reform: Millionaire Tim Burns: Supporting Loopholes That Ship […]

Consumer Confidence Sags; Fed Wants More Stimulus; Gold Gains $38 an Ounce

The relationship between these factors is not entirely coincidental: Gold prices soared Tuesday as Chicago Federal Reserve Bank President Charles Evans called for further monetary easing. The rally continued in after-hours trading after the Fed’s latest minutes from the Federal Open Market Committee meeting in August showed a growing number of presidents calling for more […]

Against Radical Egalitarianism

A friend responded to my earlier post about the so-called “gender gap” with an e-mail pointing out several other statistical problems in that feminist argument. Replying to my friend’s e-mail, I found myself elaborating an argument that eventually reached nearly 1,200 words. Because it explains a lot of the fundamental principles involved in my political […]

What Accounts for the ‘Gender Gap’ in Pay? Statistics Prove: It’s Lazy Women

OK, the statistics don’t actually prove the assertion in the headline — although it sure got your attention, didn’t it, ladies? — and neither do statistics “prove” the common feminist claim that discrimination explains the so-called “gender gap.” But if we examine the number of hours worked per week, two highly relevant statistics emerge: Men are more […]

‘This Whole Capitalistic System Is Basically in Place to Rip Your Ass Off’

Ace of Spades discovered this “philosopher of economics”: Lots of f-bombs and other NSFW language here, but the really necessary content warning involves the coffee-spewing moment at which she starts talking about her “ancient ancestors.” Watching this lady explain her worldview, I found myself wondering if she’s been hanging out with Peggy Joseph. Probably because I’m such […]

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