Friedman Friday (Sort of)

Walter Williams weighs in. It is easy to throw this term around-without really knowing what it means.

Can ObamaCare Really Reduce the Deficit? Give Me $1B.

Critics say repealing ObamaCare will increase the defict. Well, tell me if you agree with this: Send me a check for $1B from the Government. Finance it with $3B in tax increases. Ta-dah! The government keeps $2B and "reduces the deficit." Same logic with ObamaCare. $500B in taxes plus $500B in cuts in Medicare finances 900B+ in new spending. Ta-dah! Deficit reduction.

Administration plans $53 Billion in High Speed Rail Investments

Investment in rail sounds good to the ears. But, is a fantasy. Only intellectuals could ignore the record of failure in the U.S. 41 out of 44 routes run by Amtrak lost money last year. Taxpayers subsidized $32 for each Amtrak passenger. Every billion we spend is one less billion spent on health care, decreased taxes, or deficit reduction.

Man-made CO2 Emissions are 3.4% of All CO2 Emissions

So, let me get this straight: Greenhouse gases make up 2% of all gases in the evironment, CO2 is 3.6% of those gases, and man originated 3.4% of the total of CO2 emissions. Whew. So, let's redistribute tons of money to combat this problem of .002% of all gases.

These 15 Quotes put it pretty well.

An Interesting Take on the Egyptian Situation by Ron Paul

Once you start leaning Libertarian, do you ever go back? I will admit I am already conservative-libertarian in economics, but am I starting to walk to plank in foreign policy? Nevertheless, the situation in Egypt is facsinating. A couple sound articles on the Egypt situation here and here.

At any rate, enjoy the links. Hope to keep the blog rolling more in the future.

Blake