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December 2010
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December 2010

Football Sunday

Last week, 13/16; season, 123/193. Colts over Tenn – YAY! Cleveland over Buffalo (this is the beginning of a long string of away team picks. That makes me very uncomfortable, frankly) – X (sigh. Told you so…) Tampa over Washington – YAY! Atlanta over Carolina – YAY! Oakland over Jacksonville (upset alert! I like the match-up here; and I’ve not been sold on Jacksonville all season. That’s on me, though)

Why work?

Why, indeed. When the middle class is paying the poor to live above the means of that very same middle class — and can vote to keep it that way — the country is well on its way to collapse.

“Obama predicts tax bill passage, possible changes”

Just to give you some perspective on the numbers Krauthammer was decrying this morning. Washington Examiner: Rep. Michele Bachmann, R-Minn., one of the House’s highest-profile conservatives, said that Democratic discontent highlights the difference between the two parties. “The compromise that was forged wasn’t rich enough for Speaker Pelosi and the Democrats,” Bachmann said on NBC’s “Today” show, referring to Nancy Pelosi, D-Calif. “They want the taxes up even higher. And

“Crony Car Capitalism”

Gary Jason, RCP: The UAW was given a big chunk of new GM in the crooked bankruptcy settlement. To be precise, the very monster that drove GM off the cliff — the UAW — received 35% of the stock in the new company. With the sale of the stock in the new GM, the UAW earned an immediate $3.4 billion in selling about one third of its shares. Moreover, if

“When Words Lose Their Meaning….”

Cafe Hayek’s Don Boudreaux reprints his letter to the LA Times: You write that “Washington’s compromise on estate taxes provides an unnecessary handout to a few thousand wealthy families” (“The state of estates,” Dec. 9). Whatever are the merits, or lack thereof, of a tax on estates, you are deceptively wrong to call a decision not to raise that tax a “handout.” Because taxes are paid from resources created and

“Swindle of the year” [updated]

Krauthammer: Barack Obama won the great tax-cut showdown of 2010 – and House Democrats don’t have a clue that he did. In the deal struck this week, the president negotiated the biggest stimulus in American history, larger than his $814 billion 2009 stimulus package. It will pump a trillion borrowed Chinese dollars into the U.S. economy over the next two years – which just happen to be the two years

“House Democrats Demand Changes to Tax Deal” [UPDATED]

WSJ: […] he House Democratic Caucus was brimming with fury at being excluded from the negotiations that produced the agreement. In a closed-door meeting Thursday, the caucus passed a resolution stating that the tax-cut deal would not be brought to the House floor for a vote unless it was changed. “Just say no!” Democrats chanted before the vote, according to an aide in the meeting. Despite the angry caucus vote,

“House Democrats defy Obama on tax cut bill”

WHY ARE THEY HOLDING THE AMERICAN MIDDLE CLASS HOSTAGE! Here’s what the GOP needs to do: immediately call for an actual tax cut — beyond the continuation of the current decade’s long tax rates — on all those paying taxes on incomes up to, say, $1 million a year. Go with 5-10%. And then they should follow Milton Friedman’s counsel and make the case for insisting those rates become “permanent”

Question:

At what point does it become comical to insist on calling yourself a conservative while at the same time claiming the case need be made that socialism is of necessity not consonant with the founding ideals of the American experiment? The TEA Party movement — and its electoral successes — stands as a pointed rebuke to those who told us how unhelpful it was for “purists” and “extremists” on the

“Obama uses labor board to revive Card Check”

2.1 million new legal (mostly low-wage) workers during a time of effective 17% unemployment just isn’t enough to help the economy recover. What we really need is a coerced return to a heavily unionized labor force. Because America is crying for a return to that Jimmy Carter-era prosperity! Washington Examiner: When labor lawyer Craig Becker’s nomination to the National Labor Relations Board was rejected by a bipartisan vote of the