Thankfulness and Regulations: Difficult to Reconcile, But…

While the Ferguson, Missouri riots take center stage in the news, other events are occurring too, and important ones.  For one thing, Thanksgiving is nearly here and Christians everywhere in America should take time to give thanks to God for who He is and for the abundant grace He has granted to each of us and to this nation.  In addition, we are waiting on the issuance of about 3, 400 new regulations to descend upon us, care of the… Continue Reading ››

Senator Schumer: Democrats are The Party of Government, and doggone proud of it!

This year’s election results have not caused Democrats to reconsider their approach, and its not just Mr. Obama who is doubling down. Part of this is the result of the election; the vulnerable red state Democratic senators that lost the election were the more moderate members of their party. The election has resulted in an even more progressive Democratic Party. According to the NY Times, Sen Schumer is expected to call for the Democrats to explicitly embrace government in a… Continue Reading ››

The Next SNL Schoolhouse Rock Spoof

Last Saturday evening Saturday Night Live’s opening skit parodied President Obama’s executive order on immigration. I’ll leave the detail to the script writers, but I do suggest the next Schoolhouse Rock parody to be based on:

The Hunger Games: Mockingjay–Part 1

This trend is execrable. Harry Potter and the Deathly Hallows: Part 1 and 2. The Hobbit 1, 2, and 3. The Twilight Saga: Breaking Dawn–Part 1 and 2.* Hollywood, like a dairy farmer with cold hands, has gripped tightly to whatever dangling teat it can find, wringing every drop of funds from the American cash cow. And, like a Holstein, I shuffled into the stall this weekend and dangled. The Hunger Games: Mockingjay–Part 1, like its predecessors referenced above, is… Continue Reading ››

Rule by Numbers

I am here at the Southern Economic Association in Atlanta, Ga, where it is very nice, pleasantly warm weather, and where numbers and statistics flow like water.  The first session I attended was on measures of economic freedom, and interesting topic on its face.  And the papers were interesting, but excruciatingly painful, looking at factor analysis, regressions, and all those items political science and economics students learn but many seem to hate–and even some scholars in those fields hate them.… Continue Reading ››

The Real Crisis

In light of President Obama’s speech on immigration and his new regulations, I came across an excellent article by Charles C. W. Cooke in the National Review.  It can be found here: http://www.nationalreview.com/article/393248/congress-seems-happy-have-its-powers-usurped-charles-c-w-cooke (sorry I can’t do better with links).  The real crisis is Congress’s happy relinquishment of its prerogative over time, and the quite predictable results.  It is a must read. By the way I will “go on record” to say that we do need immigration reform, but not from the… Continue Reading ››

Well, no October Surprise from Stock Market collapse. Why Not?

A few weeks before the election, I speculated that a potential election threat to the Democrats was a significant correction to the stock market.  The main reason for the speculation was the impending cessation of QE3, the Fed’s monetary stimulus program.  Pretty much all market observers believe the Fed’s stimulus has at least contributed to the significant stock index accumulation, and indeed, in more candid but also more opaque (to the non-economist) comments Mr. Bernanke would say the purpose of… Continue Reading ››

Immigration: “Fixing” a “Broken” Government?

President Obama has announced, via Facebook and other outlets, that he is going to issue an executive order that will, if sources are correct, shield at least five million illegal immigrants from law enforcement. The President, and others, are floating several justifications for the action. In his own video, Obama claims he is going to “fix our broken immigration system.” Why is it broken? Because “Washington has allowed the problem to fester.” (Is President Obama still pretending to be an… Continue Reading ››

Big Jets, Envy and Christian Responses

It looks like the media are again raising the specter of inequality.  The New York Times, whom no one would confuse with a conservative newspaper, in a November 15, 2014 article, now seems to be lamenting the fact that some “super rich” people are purchasing bigger private jets, “leaving behind” the mere wealthy.  I didn’t see Thomas Piketty’s name mentioned in the article, but his presence was felt.  Piketty is now famous for writing a very big book entitled Capital… Continue Reading ››

Obama, Immigration, and Presidential Power

President Obama appears to be weighing the possibility of unilateral executive action to redefine the legal status of between 5 and 10 million illegal immigrants. His party’s defeat at the polls just two weeks ago appears not to have chastened the President, but has, perhaps, precipitated a constitutional crisis. Obama’s defenders are invoking previous Presidents to justify his actions. Abraham Lincoln used executive authority for the Emancipation Proclamation and, as James Clyburn (D-SC) reminds us, Harry S Truman used executive… Continue Reading ››