Day: January 31, 2012
Hyper-partisan Media Trackers’ epic fail
Over at the “non-partisan” rag that is Media Trackers, Collin Roth wrote a piece a few days ago attacking Scot Ross, the former Executive Director of One Wisconsin Now, as being “hyper-partisan.” Roth goes on to allege Ross was the “subject of similar crimes” to those alleged to have been…
On Reading Adam Smith, Thomas Paine and The Constitution
Conservatives don’t know much about history. We’ve seen hilarity ensue when Sarah Palin or Michele Bachmann attempt to tell stories about the history of America. But what’s more subtle is that they don’t know about the process of knowledge in the context of history. That’s hardly surprising to a political…
“Merely Useless”
Angela Merkel fades into irrelevancy Their compact—now called the “treaty on stability, co-ordination and governance in the Economic and Monetary Union”, has as its main aim the imposition of balanced-budget rules on members. This may be a useful discipline in good times. But many worry that, at a time of…
Politicians who spoke at the Hart Park rally must denounce incendiary rhetoric NOW
In order to really capture what it felt like to attend the pro-Walker rally at Hart Park a few weeks ago, Phil and I embedded ourselves in the crowd. In some ways, it felt more like participation than reporting to me, even though that was not the intent. For days…
“The fates lead those that will follow; those who won’t they drag…”
Seneca finds that Niall Ferguson leaves deep drag marks. I think we are going to get some defaults one way or the other. The U.S. is a different story. First of all I think the debt to GDP ratio can go quite a lot higher before there’s any upward pressure…
The Federal Government Cannot Go Broke. Ever.
The idea that the government can “run out of money” is absurd when that government is the currency issuer. This whole concept of insolvency relies on the notion that currency is bound to a tangible asset somehow (gold, silver, kumquats). It’s just a holdover from the old gold standard. This concept that…
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