Author's posts
May 09
Woops! Social Security now expected to be insolvent within 5 years.
Here’s some big news. A review by Harvard and Dartmouth researchers has found that the Social Security Administration’s actuarial forecasts have been consistently overstating the financial health of the program’s trust funds since 2000. Specifically, the agency has been ignoring evidence that Americans’ life expectancy has risen more than the agency has projected. A more …
May 09
The Tragedy in Baltimore: Too Much Government
Baltimore has recently been in the news for riots, systemic police brutality and entrenched poverty. Trusters of state interference have sought to blame these tragedies on the private sector, or even on the “1 percent.” Economist John C. Goodman asks: “Did Bill Gates, the world’s richest man, cause the breakdown of civil order in Baltimore? …
May 04
Central Planners Now Dominate Election Spending, While Claiming Elections Are Bought by Free-Market Capitalists
There was a time, generations ago, when self-described “liberals” were the biggest proponents of free speech. This was probably because the speech and publications of “liberals” were historically singled out for censorship and persecution more than the speech of any other sector of the American population. Today, the First Amendment’s protections of free speech and …
Apr 25
“Adjusted” temperature record to be examined by a team of distinguished scientists
It has previously been reported in these pages that government agencies have been caught “adjusting” global temperatures upward in recent years and downward for past years to give a greater impression of recent global warming. Some “adjusting” may be warranted: thermometers and temperature measuring equipment have been moved, altered and improved in some cases. But …
Apr 24
Montana Legislature–dominated by “tea party” Republicans for a decade–passes budget MORE THAN DOUBLING State spending since 2011
The state of Montana is often identified as a “red” western state dominated by libertarian-conservative voters. Its legislature meets only once every two years and legislative candidates tend to get elected upon promises to limit government. The past 3 legislative sessions have seen the most Republican-dominated chambers in Montana history. Yesterday, April 23, 2015, the …
Apr 24
London Daily Mail now admits that the case for co2-driven-global-warming is weakening; most American papers continue censoring “skepticism”
The London Daily Mail now prints articles admitting, at least, that manmade global warming has “slowed.” Most major U.S. newspapers (like most major papers in the world) continue to conceal and censor information questioning the major-government position on “climate change.” For example, the LA Times, America’s third largest paper in terms of circulation (though its …
Apr 24
Federal Employees Are Now so Overpaid that Federal Agencies Set Job Applicant Limits
Statistically, a federal employee is more likely to die than to quit. Federal employees are paid so much that many hundreds–or even thousands–of applicants now apply for some federal openings, such as openings in the U.S. Postal Service. In the private sector, this would signal a basic “supply versus demand” solution: wages would be adjusted …
Apr 22
Social Security is a massive transfer from the poor and minorities to whites and the affluent
Columnist Star Parker is out with a brilliant column today: Here’s the conclusion of a 2013 study published by the Urban Institute in Washington, D.C.: “When considered across many decades — historically, currently and in the near future — Social Security redistributes from Hispanics, blacks and other people of color to whites.” According to the …
Apr 21
This is What Happens When Governments Fail: Greece Begins Confiscating Cash Held in Local City Bank Accounts.
Over time, almost every government comes for all money, all freedom, all property, and to kill all who resist. Today’s Greek government is a case in point: for years, Greek politicians have overspent, expanded their jurisdiction, expanded regulations and raised taxes. Now the country is so deep in debt that the central bankers of the …