Archive for October, 2008

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America’s Tax System the Most Progressive

Friday, October 31st, 2008

This is fascinating, and vital information: Barack Obama’s admission that his policies would “spread the wealth around” has ignited a nationwide discussion of how progressive the tax system should be and how it should be used to redistribute income among Americans.  Obama has been very successful in bolstering the conventional wisdom that the U.S. tax [...]

Faith in Obama

Thursday, October 30th, 2008

I was speaking with a coworker yesterday evening, and he essentially conceded the point that Obama has no more meaningful experience than Palin.* He went on to say, however, that Obama is still “clearly” the better candidate, simply because “he’s more intelligent.” What struck me about the discussion was its similarity to discussions I’ve had about [...]

The Straw Man of Obama’s More Egregious Associations

Thursday, October 30th, 2008

Setting up straw men and knocking them down is a time-tested method for, among other things, deflecting an argument from its real point. Here’s an example: The New Republic’s Jason Zengerle is also intrigued. “It’s as if it’s finally dawned on the McCain folks that a lot of Americans actually like Obama and don’t really buy [...]

Walter Williams – Wackonomics

Thursday, October 30th, 2008

I’ve enjoyed Walter Williams’ insights over the years, and here’s another good one: Wackonomics, at Capitalism Magazine: For the U.S. Congress, news media, pundits and much of the American public, a lot of economic phenomena can be explained by what people want, human greed and what seems plausible. I’m going to name this branch of economic [...]

If You Can’t Beat ‘em, Join ‘em

Wednesday, October 29th, 2008

There’s something positively Atlas Shrugged-like about the image of laid-off Wall St. brokers lining up around the block to apply for work at the Internal Revenue Service: Benjamin Franklin said that nothing in this world is certain except death and taxes. When death is not an option and the world is maximizing the uncertainty, taxes look [...]

McCain Swings, Misses

Wednesday, October 29th, 2008

Again, a post to demonstrate that this blog is not a fan of McCain. From the candidate’s interview with Larry King… On race: In a transcript of an interview taped for broadcast Wednesday night on CNN’s “Larry King Live,” McCain said people will vote “for the best of reasons, not the worst of reasons.” He [...]

News Flash: AP Recognizes Obama Obfuscations

Wednesday, October 29th, 2008

Well, color me shocked: here’s the AP on Obama’s 30-minute infomercial, via US News & World Report: Democratic presidential candidate Barack Obama was less than upfront in his half-hour commercial Wednesday night about the costs of his programs and the crushing budget pressures he would face in office. Obama’s assertion that “I’ve offered spending cuts [...]

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