Cato was controlled by four men, all of them politically libertarian: The two Koch brothers, Edward Crane, long serving President, and William Niskan. The anti libertarian right wing blog Bona Fides favorably cites the far left pro Islam blog Counterpunch, in attacking the Koch brothers. Crane and Niskan have taken an alarmingly large amount of money out of the Cato institute in the form of generous salaries and benefits, the Koch brothers have substantially funded it. They have not been …
Author: Jim
Warmist day of reckoning
No global warming for the past fourteen years. What is wrong with models that predict anthropogenic global warming The undead hockey stick
Warren Buffet doubts gold
Warren Buffet points out that land produces wealth, and gold does not. His argument leads to the conclusion that had a Roman in the time of Caesar invested a talent in land, or deposited some money with the money lenders to earn interest, his descendents would now be worth 1067 talents, or about one trillion trillion trillion trillion trillion trillion dollars, whereas had that Roman buried a talent of gold in the ground, that Roman’s descendents would now be worth …
What the DenialGate fake reveals about warmists
Peter Gleik phished some genuine files from the Heartland Institute. The files revealed what everyone knows, what no one has ever denied, and what the Heartland Institute has frequently announced: That the Heartland Institute is funding science that is skeptical of global warming, though its funding is ludicrously tiny, while Peter Gleik received half a million dollars to attack skeptics and help the warming cause. He then created what he probably considered to be a truthful summary of these files …
Laffer Maximum
Britain decided to increase income tax on the top one percent of taxpayers to fifty percent. Predictably, revenues from the top one percent of tax payers collapsed. This demonstrates the entirely unsurprising fact that a income tax of 50% plus VAT tax of 20% for an effective tax of 60%, is well above the Laffer limit. I doubt that this came as any surprise to those imposing the tax. More likely the tax was imposed for political reasons, so that …
Reproduction
Pretty soon, just as heterosexuals who are having fun are no longer “gayâ€, heterosexuals who have committed to permanently be together will no longer be “marriedâ€.
Michelle Fields interviews the astroturf
The supposedly 99% attempted to occupy the supposedly 1%, the CPAC conference. But it seems the 99% were a bit hard up for warm bodies.
Murray refuted
I found Murray’s major theses in Coming Apart: The State of White America, 1960-2010, hard to believe, in particular, that the elite is sexually well behaved.
The virtuous upper class?
According to Charles Murray in the top 20 percent of citizens in income and education exemplify the core founding of industriousness, honesty, marriage, and religious observance. They raise their children in stable homes. This is not my observation. My observation is that the the higher the socioeconomic status of the male, the better his behavior, but the higher the socioeconomic status of the female, the worse her behavior.
Inflation
Total sales are rising ten percent a year in nominal terms.   Surprise surprise, shadowstats estimates ten percent inflation per year if we use the measure of inflation that was used in the the 1980s.   Hawaiian Libertarian reports that that is pretty much what he is seeing when he puts his money down. So what is the true rate of inflation? There is no one true rate of inflation, since to estimate inflation, one has to compare apples and oranges, and …