Three minutes. That is how many minutes Obama’s proposed “Buffett Rule” would fund the federal government, which spends $3.5 billion a day, if it collected an average of $3.1 billion a year over the next decade that it is supposed to bring in — The New American, May 21, p.43 (via baseballlibertarian)
(via nomosshere)
(Source: rightklik76, via nomosshere)
I here accuse no individual of inconsistency. But it does strike me as worthwhile to point out that the following two propositions are highly unlikely both to be correct: (1) massive military spending by Uncle Sam from 1940 through 1945 was economically beneficial; (2) massive military spending by Uncle Sam from 2002 through today is economically harmful. — Just Asking (via jeffmiller)
(via jeffmiller)
I actually have a serious proposal which is that we have to get a bunch of scientists to tell us that we’re facing a threatened alien invasion, and in order to be prepared for that alien invasion we have to do things like build high-speed rail. And the, once we’ve recovered, we can say, “Look, there were no aliens.”
But look, I mean, whatever it takes because right now we need somebody to spend, and that somebody has to be the U.S. government.
— Paul Krugman, leaving the orbit of EarthCHARLESTON, W.Va. — Nobody told Hurricane librarian Rebecca Elliot that the $22,600 Internet router in the branch library’s storage closet was powerful enough to serve an entire college campus.
Nobody told Elliot how much the router cost or who paid for it. Workers just showed up and installed the device. They left behind no instructions, no user manual.
The high-end router serves four public computer terminals at the small library in Putnam County.
The state of West Virginia is using $24 million in federal economic stimulus money to put high-powered Internet computer routers in small libraries, elementary schools and health clinics, even though the pricey equipment is designed to serve major research universities, medical centers and large corporations, a Gazette-Mail investigation has found.
The state purchased 1,064 routers two years ago, after receiving a $126 million federal stimulus grant to expand high-speed Internet across West Virginia.
The Cisco 3945 series routers, which cost $22,600 each, are built to serve “tens of thousands” of users or device connections, according to a Cisco sales agent. The routers are designed to serve a minimum of 500 users.
Yet state broadband project officials directed the installation of the stimulus-funded Cisco routers in West Virginia schools with fewer than a dozen computers and libraries that have only a single terminal for patrons.
Two years ago today, May 26, 2010, President Obama traveled to Fremont, California to showcase a “brighter and more prosperous future” promised by the green-energy company Solyndra.
The solar panel maker went bankrupt last year, taking with it $535 million in taxpayer-funded loan guarantees. More than 1,000 people lost their jobs. The Obama administration had cut corners to rush money to Solyndra, with some of the beneficiaries being top Obama fundraisers. Even as Solyndra failed, the administration considered giving it another $469 million.
(Source: fucknoliberals, via nomosshere)
(Source: rightklik76)
act
The founder of the Organic Pastures business in California is reporting that government health officials have begun tracking down the names and addresses of natural-foods customers and showing up at their homes, demanding to confiscate any raw milk they might have. The dispute over raw milk has reached a fever pitch in recent weeks, with a judge ruling that owners of cows have no right to the milk their herds produce, and protests being staged by mad moms whose access to such foods is being threatened….
(Source: pendarkspoliticalpage, via chairofbullies)
Liberals love to say things like, “We’re just asking everyone to pay their
fair share.” But government is not about asking. It is about telling. The
difference is fundamental. It is the difference between making love and
being raped, between working for a living and being a slave. The Internal
Revenue service is not asking anybody to do anything. It confiscates your
assets and puts you behind bars if you don’t pay.
— Thomas Sowell, Forbes, July 1994 (via primal-libertarian)
Was $13.99, Now Just $1.77!
One of the most beautiful aspects of a market economy is that it harnesses some of the most selfish, ambitious, and talented people in society, and makes it in their direct financial interest to worry at night about pleasing others. — Bob Murphy (via laliberty)