Archive for “January of 2007”

No One Can Defeat the Quad Laser

January 31, 2007

Perhaps nobody can defeat Ignignoc and Err’s quad laser. According to the Boston Herald:

[Boston] City Councilor Michael Flaherty was fuming and demanded that Turner Broadcasting “reimburse the city of Boston for every dime spent today on this serious public safety threat. It’s outragoues (sic), reckless and totally irresponsible. What a waste of […]

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Today’s Sign J.M. Keynes is Alive & Well

January 31, 2007

Today’s Keynesianism, courtesy of Yahoo! Finance:
Although interest rates are still relatively low by historical standards, some fear that as a result of the previous rate hikes, consumers and corporations will eventually cut back on spending, which could have a drastic effect on the economy.
Because: Y = C+I+G+NX
Income = Consumption + Investment Spending + Gov’t Spending […]

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Why do Foreigners Invest in the U.S.?

January 31, 2007

Well, for the time being, we don’t do shit like this:
“A $75 million dollar tax refund, that Occidental (NYSE:OXY) accused Ecuador of withholding…led Ecuador to cancel its contract with Occidental, which produced about 100,000 barrels of crude daily in Ecuador, and seize its facilities.”

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Central Planning Gone Wrong: Hooters Edition

January 29, 2007

Hooters’ Newest Location: Exit 69 (Big Beaver)
No, I’m not making this up. Exit 69 on I-75 North in Michigan is Big Beaver Road. The intersection of Big Beaver and Rochester Roads, as of today, is the location of the newest Hooters restaurant, known for its buffalo-style hot wings, and midriff-bearing, hotpants-wearing waitresses.
Except, unlike […]

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Taxation to Make Benefit Most Glorious State of Michigan!

January 25, 2007

Please excuse the lame Borat reference in the title of this post.
Of all the dubious, questionable, counterproductive, and downright backwards economic advice I’ve ever heard, this suggestion, from the Michigan Infrastructure and Transportation Association has got to take the cake:
[S]pokesman Mike Nystrom says MITA hopes to sell lawmakers and drivers on a 9-cent gas tax […]

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Posted in: Taxation is Theft | 2 Comments

Internet Groceries?

January 23, 2007

Would you pay someone $20 or so to do your grocery shopping for you? After all, you pay someone to mow your lawn, wash your car, launder your shirts & slacks (coincidentally I picked up my order at the cleaners yesterday - there’s nothing like a freshly pressed shirt). But back to the […]

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Of Passports & Broken Windows

January 23, 2007

Today’s Broken Window Fallacy - as reported in WSJ:
“Passport Rules to Help Destinations”
To recap: the new passport legislation requires valid passports for all travel between the United States, Mexico, Canada, and a host of other formerly free-to-travel countries like the Bahamas. This ham-fisted rule, according to idiots everywhere, will spur growth and profits in U.S. […]

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