File: Economy

Foreseen consequences are NOT unintended. Public health officials and regulators who have battled for years against smoking may be inadvertently bolstering the tobacco market with their strong stand against e-cigarettes, some financial analysts say. While certain experts view the products as a potentially game-changing safe alternative to smoking, many health organizations have warned of their […]

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I highly doubt that the science verifying the efficacy of using e-cigarettes as a far more healthy form of ingesting nicotine than traditional cigarettes, and a legitimate means to quit smoking analogs will have any bearing whatsoever on the FDA, which has vowed to hang its looming regulation of the industry on the frame of […]

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How government kills a nascent industry and ensures that small, independent competitors have a massive barrier to entry in to the market: The federal government wants to ban sales of electronic cigarettes to minors and require approval for new products and health warning labels under regulations being proposed by the Food and Drug Administration. While […]

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2014-02-14 :: madlibertarianguy // Dumbassery + Economy + Environment + Science + Teh Science!

When 95% of your models are wrong, it’s time that you revise the theory that drives the models, and it’s time to stop warning about the end of the world with the information you get from the models. Dr. Roy Spencer: I’m seeing a lot of wrangling over the recent (15+ year) pause in global […]

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“Dear beautiful America, please, stop moving Forward.” I now live in Northern California, in the heart of the Bay Area, thousands of miles away from my homeland. And yet the poison of Soviet propaganda seeps through college dorms just as it did in Soviet classrooms. Stop a random youth on the street and you’ll find […]

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2014-01-06 :: madlibertarianguy // Dumbassery + Economy + Education
Student Loans: A Bad Deal

More evidence of the obvious: that pumping in billions of free and cheap money in to higher education is directly responsible for both the massive collective student debt of over $1T, as well as for the constant rise in tuition rates that are far above inflation. As combined student loan debts balloon to over $1 […]

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2013-04-03 :: madlibertarianguy // Dumbassery + Economy + Government
Deja Vu

I get this weird feeling that I’ve seen this before. Wapo: President Obama’s economic advisers and outside experts say the nation’s much-celebrated housing rebound is leaving too many people behind, including young people looking to buy their first homes and individuals with credit records weakened by the recession. In response, administration officials say they are […]

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2013-03-06 :: madlibertarianguy // Economy + Government + POTUS + Sequestration
Sound the Alarm

Thomas Sowell on the politics of enacting budget cuts: Back in my teaching days, many years ago, one of the things I liked to ask the class to consider was this: Imagine a government agency with only two tasks: (1) building statues of Benedict Arnold and (2) providing life-saving medications to children. If this agency’s […]

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2011-11-16 :: madlibertarianguy // Economy

All animals are equal, but some are more equal than others. Occupy Wall Street’s General Assembly operates under a revolutionary “progressive stack.” A normal “stack” means those who wish to speak get in line. A progressive stack encourages women and traditionally marginalized groups speak before men, especially white men. This is something that has been […]

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2011-04-18 :: madlibertarianguy // Economy + Government
“That Dream Should Now Be Over”

Reason on Standard and Poors’ downgrading of US Credit today: Fiscal denialists thought we could just keep getting away with having some of the worst finances in the developed world. That dream should now be over. Full story here.

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2011-04-18 :: madlibertarianguy // Dumbassery + Economy + Government + Journalism + Taxation
Worth Printing

The Times finally runs an opinion column finally worth printing. Money quote: Last week, in his address on deficit reduction, the president followed the playbook once again. In the throat-clearing section of the speech, Obama promised “tough choices” that put “everything on the table.” But his tax proposals were aptly summarized by The Atlantic’s Clive […]

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2011-04-15 :: madlibertarianguy // Dumbassery + Economy + Government + Taxation
Who Knew?

Who could have guessed that raising taxes to punitive levels doesn’t change behavior, but leads people to the black market? Le Times: Itinerant cigarette vendors have long been a fixture in some parts of the city, like bodegas that sell individual cigarettes in violation of state law. But with cigarette prices up and the number […]

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2011-04-15 :: madlibertarianguy // Dumbassery + Economy + health care

TPM on Ryan’s medicare overhaul proposal: In trying to dismantle Medicare, Republicans are seeing to rollback a successful example of single payer toward freer market. I don’t think that word means what you think it means.

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2011-04-14 :: madlibertarianguy // Dumbassery + Economy + election + Government
Empty Rhetoric

The Wall Street Journal on Obama’s “debt reduction” speech: Mr. Obama did not deign to propose an alternative to rival Mr. Ryan’s plan, even as he categorically rejected all its reform ideas, repeatedly vilifying them as essentially un-American. “Their vision is less about reducing the deficit than it is about changing the basic social compact […]

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2011-04-14 :: madlibertarianguy // Dumbassery + Economy + Taxation
Apparently Words No Longer Have Meaning

Reason on Obama’s word trickery: Tellingly, The New York Times defines “tax expenditures” as “payments to taxpayers for deductions for charitable donations or home mortgages,” as if letting people keep more of their own money is the same as giving them subsidies.* The Times notes that “the use of the phrase ‘tax expenditures’ allows the […]

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2011-04-14 :: madlibertarianguy // Economy + Europe + Government + Regulation + Stimulus
The “Best and Brightest”

Via The Guardian concerning budgetocalypse: Some economists and political scientists also raise what they see as the danger of Republican cuts slowing or even reversing America’s climb out off recession. Thomas Ferguson, professor of politics at the University of Massachusetts, said there was a danger of repeating the mistakes of the Great Depression by chopping […]

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2011-04-08 :: madlibertarianguy // Dumbassery + Economy + Taxation
Other People’s Money

You just gotta love an entire political philosophy that is completely based on the premise that it has the RIGHT (Damnit!) to other people’s money. Reason: Forty-seven percent of American households pay no federal income tax at all, points out the Tax Foundation, and the IRS hands out more than $70 billion in refundable tax […]

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2011-04-04 :: madlibertarianguy // Economy + Government
Let Me Guess

Let me guess, liberals: If we refuse to pay for ugly, useless art that goes in to the lobbies of federal buildings where only federal employees will see it on their way to and fro “work”, we’ll be just like Somalia?

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Via The Milwaukee Wisconsin Journal Sentinel concerning some pretty fucking disturbing public employee union tactics: Members of the Wisconsin State Employees Union, AFSCME Council 24, have begun circulating letters to businesses in southeast Wisconsin, warning that they will face a boycott if they don’t support collective bargaining for public employee unions. The letters ask businesses […]

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2011-04-01 :: madlibertarianguy // Dumbassery + Economy + Government
Takers, Not Makers

Apparently we have a 2:1 need for paper pushing, bureaucratic fucktards to people who produce shit. Now I’m not a “corporations are evil for sending our jerbs overseas” kind of guy, but it makes you wonder why one of every 13 people in the US works for the fucking government instead of doing something that […]

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