Archive for “June of 2006”

How Would You Spend It?

June 29, 2006

Sure, you can always think of a subjectively better way to spend other peoples’ money. It usually involves you, being a recipient thereof.
The old argument resurfaces in todays Detroit Free Press, Desiree Cooper would like to play the role of central planner with Warren Buffets multi-billion dollar philanthropic donation:
“I’m dazzled by the possibilities for […]

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On redistribution

June 29, 2006

Aside from the fact that it is nothing more than thinly-veiled theft, which fails the moral razor test (i.e., you would not permit that I redistribute some of your income towards my pockets…), the redistributionist claims that by taking away from some, the net benefit to others acheives some degree of efficiency; that there will […]

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No Flags, No Patriots…

June 28, 2006

…if only we could be so fortunate.
One of my current favorite songs, is Antiflag’s No Borders, No Nations, even though I have to look past their extreme-left political views (there is a dearth of freedom-loving punk rockers). That said, theflag-burning amendment proposal really chapped my ass. I was hoping the proposed amendment wouldn’t […]

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God, I love this City

June 28, 2006

Its things like this that make me really bemoan the proposal on the table with the City of Detroit and its Rackham Golf course, in Huntington Woods. The City, which received the property as a gift, 80+ years ago from Horace & Mary Rackham, owned the property subject to a deed restriction with right […]

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Mmmmm, beer

June 26, 2006

From time to time, I find myself at CostPlus World Market, usually for some sort of furnishing which I never find. But I do try to make it over to their beer/wine section for a quick perusal of whatever happens to be in stock. If I see something I’ve never had, I usually […]

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“The loan markets are profoundly distorted…”

June 26, 2006

Karen De Coster and Eric Englund observe:
“The loan markets are profoundly distorted due to the nature of fiat money machinations. Because of this intervention, lending is now dramatically different. It is no longer necessary to know your borrowers. The bank – sustained by its cat-and-mouse scheme of fractional-reserve banking — has a huge incentive […]

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Evil Capitalist…

June 25, 2006

“…announced plans to give away an estimated 85 percent of his estimated 44 billion dollar wealth to charity…”
Full story via yahoo!news.
I’d like to take a moment of your time to press the point that it is precisely because of our largely capitalist economic system, that people like Warren Buffett are able to make such donations […]

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