Borrowing to build physical and human capital is a way to finance growth. Can you imagine the quality of education and the number of college educated people if there were no student loans? Can you imagine the house you could get without a mortgage? They would not be nearly so nice as if you get a generous loan at a low interest rate. The same is true of our nation’s capital investments. Can someone tell me if we are carrying on our books assets such as the following: the nation
Category Archives: Political Commentary
I Have To Ask Again
…with respect to the Sandy Burglar case. What was the Justice Department thinking?
I would have expected this from Janet Reno’s Justice Department, but why from Ashcroft and Gonzales’ Justice Department?
Commanding The Tide
The French have gone to war. With Google, which they now view as an Anglo-Saxon plot.
I know who my money’s on.
Going For The Idiot Vote
One of the most hilarious things that I found about the Florida voting fiasco in 2000 was the Democrats’ cheerful willingness to advance the proposition that uninformed morons, unable to read a ballot or punch a hole all the way through a flimsy piece of cardboard, were a key (in fact, apparently essential) part of their constituency (a notion that I mercilessly mocked a couple years ago). Shamelessly, and utterly innocent of how foolish it makes them look, they’re apparently still at it.
If They Really Want Social Security
AARP types should be flexing their political muscle to cash in and fully fund social security. They should not pussyfoot around trying to keep social security payments high every year. It is a political battle every year as the report on how well the social security trust fund is doing comes out, much like China before permanent normal trade relations (PNTR).
Instead, they should get Congress to fully fund social security and privatize it at the same time by distributing bonds to all seniors. The bonds that they would distribute would magically make appear the trust fund that has not exactly been on the books since the original Social Security Act of 1935. An individual version of the Pension Benefit Guarantee Corporation can monitor each senior
One Brain-Dead Government Agency Down
And hundreds more to go. Still, this is worth breaking out a bottle of bubbly for.
Routing Around It
In the context of the perhaps-imminent fall of the Canadian government, and the laughable chicanery of the San Francisco city government, Wretchard has an interesting post about how, once again, attempts to impose censorship are futile in the age of the Internet. Dean Esmay once wrote, with regard to the Swift Boat Vet story, that:
The Internet has detected the mainstream media as a form of censorship and simply routed around them.
It seems to be applying to real censorship as well.
Of course, while Colby Cosh was careful (it will be interesting to see if anyone from Ottawa goes after him), there’s an interesting question as to whether Winds of Change is a Canadian blog, because it’s run by Joe Katzman. Where is it hosted? Is Joe sticking his neck out legally, by posting to it from Toronto? Could other Canadians get into trouble by discussing it on Free Republic?
The absurdity abounds.
“I Want My Hour Back”
As the day approaches, John Miller has a righteous rant against the stupidity that is Daylight “Saving” Time.
“I Want My Hour Back”
As the day approaches, John Miller has a righteous rant against the stupidity that is Daylight “Saving” Time.
“I Want My Hour Back”
As the day approaches, John Miller has a righteous rant against the stupidity that is Daylight “Saving” Time.