Homines libenter quod volunt credunt
Posted in Corporatism, Environment on Mar 10th, 2010
This WSJ Editorial talks about how the Obama Administration, for all its yacking about domestic energy production, has tightened the screws on oil and nuclear here in the US: Congress’s ban on offshore drilling expired in September 2008, and a Bush Administration plan for leasing the energy-rich Outer Continental Shelf was due to begin this […]
Posted in Government Gone Wild on Mar 10th, 2010
… then why do we tax them at 35% corporate income tax rates, and then force them to pay at least 7.65% in payroll taxes for the right to hire their workforces? Here’s my favorite bit from this monstrosity: it would add more than $130 billion to the budget deficit over the next year and […]
Posted in Institutions on Mar 10th, 2010
The Government University at Binghamton is cutting back on its nursing program. It must be the case that there is no interest in nursing, and that there is not some big national crisis about the state of health care in America. Therefore, there is no need to keep such wasteful programs around when you could […]
Posted in incentives, Money on Mar 10th, 2010
Did you know that the U.S. government created an agency colloquially known as “Farmer Mac?” Yep, in 1988 Congress chartered a company to do in agriculture exactly what Fannie and Freddie have done in the mortgage market. Farmer Mac, a “private” company, is “allowed” to purchase loans from agricultural lenders and then repackage them into […]
