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File: Economy

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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Via The Weekly Standard concerning a new report from The Government Accountability Office (tell me that isn’t a fucking oxymoron) and Medicare fraud: In a newly released report, the Government Accountability Office (GAO) estimates that, in fiscal year 2010, $48 billion in taxpayer money was squandered on fraudulent or improper Medicare claims. Meanwhile, the nation’s […]

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At least one person in Portugal gets it. The New York Times: “This strike is completely absurd,” said Pedro Silva, 36, a biology teacher at a private school, who was forced to take a taxi to work. “The Portuguese have to understand that there is no money and if there is no money people have […]

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2010-11-01 :: madlibertarianguy // Dumbassery + Economy + Environment + Government + Stimulus
Ideological Stupidity

Charles Lane of The Washington Post concerning Obama’s ideological stupidity and electric cars in America: Yet, like a rural voter clinging to his guns, the Obama administration brushes aside the experts because – well, who knows why? Perhaps subsidizing electric cars helps a Democratic administration make corporate welfare and tax breaks for the wealthy seem […]

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2010-10-25 :: madlibertarianguy // Dumbassery + Economy + Europe + Government
Too Late

The New York Times on the French union strikes against raising the retirement age: But the determination of the protesters — and their dislike of Mr. Sarkozy — is forcing the hand of Mr. Chérèque, whose aides have privately expressed concerns about pressing the strikes too far and damaging the unions, by making them look […]

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2010-10-14 :: madlibertarianguy // Dumbassery + Economy
More Foot Stomping

Los Tiempos de Nueva York: Riot police clashed with protesting Culture Ministry workers barricading the ancient Acropolis on Thursday, using tear gas to clear the entrance to Greece’s most famous landmark. [. . .] Greece is in the midst of a tough austerity program which has cut public workers’ salaries and trimmed pensions in an […]

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2010-10-05 :: madlibertarianguy // Dumbassery + Economy + Europe + Government
Greeks Still Not Ready to See Reality

The New York Times concerning the Greek draft austerity budget: The Greek government, which this year has come under the tutelage of its euro-zone partners and the International Monetary Fund after it reached the brink of default, on Monday presented a draft austerity budget for 2011 that promised to raise more tax revenue while ending […]

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