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In response to:

What about the Brainiacs?

Macroman Wrote: Nov 22, 2014 7:19 AM
"There are things in Obama's plan that look OK, such as the legalization of illegal parents who have been in the country for over five years,..." If they are illegal, how do we verify that they have been here at least five years? What legal documents will they be able to produce to establish five years of residency? Some may be able to provide documents, but how do we avoid extensive fraud?
"Economist Milton Freeman said..." Who? I've been a professional economist for more than 30 years, and I never heard of the guy. Oh, wait a minute. Elder means Milton FRIEDman, the Nobel Prize winner. Nice to have an ignoramus lecturing us about other people's deficiencies.
Quick was white, the four defendants are black, and Holder's a racist. Everything else follows, just as it always has with Holder.
In response to:

Things Fall Apart

Macroman Wrote: Oct 24, 2014 7:38 AM
"What ever became of that America? What ever became of that can-do nation? What has happened to us?" We fell for the socialism promoted by the Democrat Party. That's an ideology of pessimissm and low regard for the abilities and desires of the common person. It feeds on itself. Introduce the minimum wage and price unskilled workers out of the market. In response, create government training programs that must be paid through higher taxes. Higher taxes dull investment and work incentives. Respond to that with stimulus spending funded by debt, which postpones the inevitable higher taxes and makes them hit harder when they do hit. Because people are too stupid to know what is good for them, impose regulations that tell doctors how to do their job and that divorce payment for service from the use of service, thus fracturing the price mechanism that other wise would regulate the market. Express great concern for the unemployed but do everything imaginable to make it uneconomical for employers to hire them. Ensure that future generations will be dependent on government by supporting unionized schools that don't educate, by destroying private industry (e.g., the railroads) leaving know-it-not-at-all government running things. Subsidize loans to needy families that wouldn't qualify under normal standards and then regulate the financial institutions that go broke when the borrowers default on the loans. I'm just getting started. I could go on all day. The point is we got into this mess by losing faith in ourselves. We can get out any time we want by returning to constitutional government and belief in liberty. It's up to us.
In response to:

Lower Oil Prices Are Unambiguously Good

Macroman Wrote: Oct 18, 2014 4:00 AM
Good job, Larry! Tell it like it is.
In response to:

The Equal Pay Delusion

Macroman Wrote: Oct 17, 2014 7:19 AM
The "equal pay for women" issue is factually baseless. There is a slew of carefully done studies (the majority of which have at least one female author, at least among those that I have read) that show that women and men are equally paid - once one corrects for systematic differences in the industries in which men and women choose to work, the kinds of jobs they take in any given industry, the amount of education they have, the amount of accumulated experience they have, the characteristics of the job (e.g., inherent danger or outdoor work or time of day), and so on. Only when one takes the simpleton approach, as Hillary Clinton does, and looks at average wages of women compared to average wages of men without correcting for all the differences just mentioned does one get the impression that women are paid less than men.
The term "latino" is strange. It is derived from Latin, which in turn is derived from the region of Italy, Lazio (Latium in Latin) that surrounds Rome. Yet nowadays in the official vocabulary of the US government, it means someone who somehow is tied to the Iberian peninsula. One might have guessed that attention would have been restricted to Hispanics because the US has a lot of immigrants from Mexico who have Spanish surnames. But no. For some reason, the definition has been expanded to include Portugual and by extension Brazil. Romanians and French are not included, even they also speak a language derived from Latin. More strangely, Italians are not included, not even those from Lazio, who are the only true Latini. In the US, you don't even need a genetic "Latin" ancestry. The surname is enough. So a full-blooded Native American from Mexico with the surname of, say, Martinez, qualifies as a Latino, but someone from Rome does not, even if his surname is Marra (an old Laziale name). Is there a unifying theme for who gets counted as Latino? I think so. If you have any connection to the Iberian peninsula, even if only by adopted surname, *AND* if the Left thinks you are likely to vote Democrat, then you are Latino. Otherwise, you are not. So in the end it really does make sense and in fact is very easy to understand. It's a political power play by the Left.
In response to:

Happy Indigenous Peoples’ Day!

Macroman Wrote: Oct 12, 2014 9:03 AM
Someone in Seattle must have read this column. The link to the entire statement now goes to a page that no longer exists.
In response to:

Land of the Free?

Macroman Wrote: Oct 12, 2014 8:59 AM
I would like to see a formal definition of "soundness of our money." Like "a strong dollar," "soundness of our money" is phrase often used but that can mean many things and so may mean nothing at all. If it does mean something, I would like to see it spelled out. Low variance of the general price level? Low inflation? Low expected inflation? Low variance of inflation? High value relative to a unit of any other foreign currency? Unchanging value relative to other currencies? Low variance of value relative to other currencies? High value relative to gold? Unchanging value relative to gold? Low variance of value relative to gold?
I am willing to bet real money that the majority of respondents in any country don't actually know what capitalism is.
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