Tomorrow marks the 50th anniversary of the Cuban revolution. Actually, revolution is the wrong word for what occurred. What occurred was the replacement of one dictator with another. The old dictator was corrupt, it is true, and crony capitalism ruled. But the new dictator has been even worse. When corruption is defined as “marked by [...]
Archive for December, 2008
I am thinking about building a new house. The house I live in now was built in the 1950s, and it is poorly insulated. In fact, the entire back of the house has sliding glass doors, or windows the size of sliding doors, and most of them use single pane glass.
The foundation is a slab, [...]
Merry Christmas to you!
I went skiing for Christmas. Watch me ski. I feel 18 years old again when I ski. Can you tell? It’s No Speed Bumps for real!
For a Christmas song with a rock edge, here is a contest. The woman in the band Vince Vance and the Valiants can really belt it out. (Vince and his guitar player wrote this tune.) But then next is LeAnn Rimes - and she is no slacker at belting it [...]
Below is the best overall summary of the causes of the financial crisis that I have heard. This is a talk given by American Enterprise Institute’s Peter Wallison on Reason.TV. This is the story that just doesn’t make it through the news media filtering. Instead we are just told that the entire problem is a [...]
Let’s see, Congress is going to tell the Big 3 automakers how to make cars, like to make them small and green. But meanwhile the #1 selling vehicle in the US in 2008 through November was the Ford F-Series truck, and the #2 seller was the Chevy Silverado. The Big 3 are criticized for bad [...]
In the continuing decline of free speech in Europe, the EU Parliament has banned a movie that was made by Dutch Freedom Party leader Geert Wilders.
It is very important that free speech never offends anyone!
The movie is entitled Fitna and it is critical of Muslims. You can watch the film here. I have not seen [...]
There is a lot of debate around the country regarding how much union production workers should be making at the Big 3. Some say they make too much; others say their compensation is about right. The average worker at the Big 3 makes about $55/hour in wages and benefits. This number excludes payments to retirees. [...]
The Dallas Morning News yesterday displayed classic liberal bias in reporting on the GM bailout that was rejected by Congress. Here is the most egregious line:
Opponents of the bailout cited figures showing that U.S. autoworkers make $70 an hour.
I have been following the GM bailout debate, and I have yet to see a single [...]
Now that Barack Obama has been fully briefed on the US security threats, I bet this has impacted his thinking quite a bit. For example, what if he learned that there were many terrorist attacks thwarted by US authorities that we don’t know about? What if he learned that there are many Islamic terrorist groups [...]
Let’s talk about federal income taxes. To simplify, I’ll approach this like Q and A.
What percentage of US workers pay no net federal income tax?
In 1984, 18% of income earners paid no net income tax. But lately, “some 45.6 million tax filers—one-third of all filers—have no tax liability after taking their credits and deductions [...]