The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Housing Sales Data ‘Badly Flawed’?

What if we were in the second dip of a double-dip recession and, because of inaccurate measurements, we didn’t even know it? That’s one possible interpretation of John Schoen’s story at MSNBC: Two high-profile reports on home sales this week confirmed that the housing market is still mired in a deep slump with prices still […]

Economic Terror Plan for ‘Redistributing Wealth and Power in the Country’

Such eminences as Barbara Ehrenreich and Cornel West were featured speakers at Left Forum 2011, a conference held this past weekend at Pace University in New York City. Left Forum traces its history to a series of events first organized as the Socialist Scholars Conference and sponsored by Democratic Socialists of America. The theme of […]

Mises on ‘Christian Socialism’

“Christian Socialism, as it has taken root in the last few decades among countless followers of all Christian churches, is merely a variety of State Socialism. … Agriculture and handicraft, with perhaps small shopkeeping, are the only admissible occupations. Trade and speculation are superfluous, injurious, and evil. … It is the duty of legislation to […]

In E-Mail to Dan Riehl, Shankman Claims ‘Very Mainstream Catholic Theology’

This is a very significant message from Wisconsin pro-union cyberstalker James L. Shankman: With regards to distributivism, it is very mainstream catholic theology. You could ask James O’Keefe, who says he is personally inspired by G.K. Chesterton. Chesterton is the main political philosopher of distributivism. The last couple pages of What’s Wrong With the World are […]

Dan Riehl Always Gets His Man: Madison Althouse Stalker James L. Shankman UPDATE: Social F–ing Justice Theory? Shankman Quotes … Pope Leo XIII!

Hey, did I call this one or what? I’d expect online research maestro Dan Riehl is going to have much, much more to tell us about Mr. Shankman. As soon as Shankman was ID’d as author of the anti-Althouse rant, Dan’s name crossed my mind and within a couple hours he was on the phone […]

Worst President Ever

There can no longer be any question about it: The Obama administration threatened to veto two measures being pushed by U.S. House Republicans that would eliminate programs aimed at helping people who are struggling to pay their mortgages, the administration said. The House of Representatives is set to vote this week to kill an effort […]

‘We Don’t Have the Mortgage Problem That We Initially Thought’

Liberal wonk Robert Kuttner continues promoting a once-popular idea of how to deal with the mortgage crisis: “Write-downs” on loan principle (i.e., debt forgiveness) as a way to avert escalating foreclosures, bankruptcies and walk-aways. But there are several reasons that won’t work, and among the reasons named by Megan McArdle is this: We don’t have the mortgage problem that […]

Has Alex Knapp Proven Anything?

“Contrary to my colleague Doug’s description of the Federal government as existing primarily to redistribute wealth, there is actually very little wealth re-distribution in the United States.” — Alex Knapp, Outside the Beltway It is not my habit to defend Doug Mataconis, as he and I very often disagree about politics. But Doug’s post, “The […]

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