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Regulation

New Yorkers Going Galt, Fleeing NY, Took $46,000,000,000 With Them

The blue states continue to suffer from the plague that causes the “blueness,” namely, being run by Democrats.  The latest victim is the state of NY.  It seems that lots of New Yorkers decided to say, “nyet comerade” to the state government’s nonsense, and simply leaving. The kicker is?  They are taking all their money with them, and that’s quite a lot! Here’s a map, with all the particulars, from Tax Foundation, via Lonely Conservative… The Blue states, those that are predominately Democrat controlled face an interesting choice; abandon the destructive high taxation and regulation that causes producers to leave, […]

Regulatory Overload = Cost Overload = Tyranny By Design

A big Hat Tip to Doug Ross@Journal for leading me to this article by the Competitive Enterprise Institute. The article,  titled Ten Thousand Commandments 2013, is their annual review of the Federal Regulatory State. Because of its brevity, I’m going reproduce it here with emphasis added by me: Full Document Available in PDF The scope of federal government spending and deficits is sobering. Yet the government’s reach extends well beyond the taxes Washington collects and its deficit spending and borrowing. Federal environmental, safety and health, and economic regulations cost hundreds of billions—perhaps trillions—of dollars every year over and above the costs of […]

The Left and the Right Have A common Enemy and Don’t know It: Crony Capitalists

There is a thought-provoking article in Forbes titled We Can’t Save Capitalism Unless We  Denounce Its False Prophets. The author, Bill Frezza, makes the point that when it comes to trying to save the “economic soul” of America, and by that he means the free market capitalist system, the Right vs Left dichotomy is not working and is counter productive. He rightly states that there are not two sides to this important issue; but three: In one corner we have the traditional market capitalists, the bedrock of American exceptionalism and the source of our prosperity. These businesses, both large and small, pursue profits […]

The State of the Union? It Sucks!

Nancy Pelosi recently said “It is almost a false argument to say that we have a spending problem.” She went on to say that what we have is a deficit problem.  Conservatives have given Ms. Pelosi a lot of flack over her statement and maybe we have been too hard on the less than brilliant Congressman from San Francisco. After all she did use a qualifier; “almost”, which can mean “not quite”. And, she was spot on when she said the US has a deficit problem. Who could argue with that? By saying that we have a deficit problem instead […]

Liberal to English Translation

I know many liberals and have asked them all the same question, “You detested that Bush spent so much money and raised our national debt, yet Obama is quadrupling this debt and has, in fact amassed more deficit spending than all other Presidents combined. Does this bother you?” Every single time the answer has been, “No, it doesn’t bother me because he is spending money on things that need to be done.” To which I state something along the lines of, “You mean like A $246 million tax break for Hollywood movie producers to buy motion picture film, or $600 […]

Government to Regulate Junk Food?

If you let the government control your health care, they can start making and justifying all sorts of demands.  Like, for example, maybe they can regulate what you ear-even the junk food!  Gateway Pundit has more… The Washington Examiner reported: Larry Summers, chair of the White House National Economic Council when the 2009 stimulus was developed, suggested that President Obama will eventually tax and regulate junk food to drive people to eat more healthily — although he dinged First Lady Michelle Obama’s healthy foods initiative. “I think there is no question that the way Americans eat and what Americans weigh is a big […]

This Regulation Nation Will Explode Under An Obama Second Term

Americans are learning more about the “fiscal cliff” approaching at the beginning of next year, when tax rates for families and small businesses are set to spike and new taxes in President Obama’s health-care spending law take effect. But unless there’s real change in Washington, we’re also headed for a steep “regulatory cliff” that could compound the damage. The above quote is a warning from Ron Portman in an opinion piece he wrote for the Wall Street Journal this past Thursday. This article is worth a read because he talks about a number of stifiling regulations that the Obama administration has put […]

Liberal Policies Tend to Backfire: Will Higher Taxes and Regulation Help or Hurt the Mythical 1%?

Some refer to the law of unintended consequences.  Others call it purposeful crony capitalism.  But the reality is simple; in a high-tax and high-regulation environment, large corporations and the wealthy flourish, and the little guy? Not so much.  Our contributor, Don, and I were chatting about that just last night.  Then, as I was checking out some news sites this evening, I saw that Don and I weren’t the only ones pondering that point.  Seton Motley, over at Big Government, was pointing out the same uncomfortable truth.   In Reality, this Leftist policy disconnect happens with cringe-inducing regularity.  They push proposals […]

I'm a 1936 Republican

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The last three years have been very painful for many of conservatives.  We have witnessed first-hand the total disregard for our constitution, the overregulation of our economy, the devaluation of our dollar, and the out control spending which has created a massive debt for our children.  Now is not the time for watered down solutions.  Now is the time to think outside of the box.  Now is the time for bold action.  Now is the time for sound conservative policies to get America back on its feet.  And the platform Republicans should be standing on is the Republican platform of […]

Government Does Not Create Jobs; In July Alone It Added $9.5 Billion to the Cost of Doing Business

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Pivoting away from other issues like the environment (“Bombshell” Experiment: Global Climate Change Caused by Cloud Cover) or education (More Than 200 D.C. Teachers Fired! Progress?), let’s return back to jobs and the role that the government plays in job creation. In my post Coming To Grips With a Political Economy I wrote about a class that I took in college called ‘Political Economy.’ The class was an attempt to indoctrinate students with the idea that government could create jobs through its actions and could create wealth through proper regulation and control over free markets. I struggled through this class, mostly because […]

Must Read Interview by IBD with Home Depot Founder Bernie Marcus!

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Just read this interview that Investors Business Daily had with Bernie Marcus, the co-founder of Home Depot, one of the largest home improvement stores in the nation and employer of lots of people. The interview is stunning because Marcus says what we’re all seeing- that the biggest barrier to wealth creation is now the government, that Obama and the Democrats are contributing to the problem, that the White House doesn’t even know how to talk to wealth creators, and that the reason why no one is speaking out is that they are all afraid of the powerful wealth destroying government targeting […]

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