The blame for the shutdown belongs on those who want to spend beyond all limits.
Author Archive | Harry Binswanger
Obama is the new Baghdad Bob.
To celebrate Randsday, you do something not done on any other holiday: you give yourself a present. Randsday is for getting that longed-for luxury you ordinarily would not buy for yourself.
Why are the political and intellectual leaders—people who are socialist or beyond—so interested in this issue? We’re talking not about the guy next door who voted Democratic but about the Tooheys.
Ayn Rand publicly recommended the works of Mises but not of Hayek. Today, when Hayek is much better known than Mises, it’s worth seeing why. I came to the full realization of what’s wrong with Hayek’s approach while re-reading Atlas Shrugged. No, not in Galt’s speech, but surprisingly in the section describing the Minnesota harvest […]
Now that the Arizona immigration-control law is at the Supreme Court, it’s time to analyze that law. There are two levels: the philosophic level and the level of Constitutional law. Fortunately, they both point to the same conclusion. The philosophical issue is my main concern. There is no dichotomy between property rights and “human rights”. […]
Just now I can’t summon the energy to write the post that should be written to defend Goldman Sachs against the disgusting, publicity-seeking attack made on it last week by ex-employee Greg Smith. (Mr. Smith was not highly placed at the firm: he was one of 12,000 “vice-presidents.”) His attack came in the form of […]
Suddenly, Steve Jobs is gone. And only now is his exceptional ability being fully realized. Many of us felt a sense of personal loss at the news of his death. Good tributes to him have appeared in The Wall Street Journal (Walt Mossberg), The NY Times (David Pogue), CNBC (Jim Cramer), and elsewhere. There is […]
Incredibly, there’s antitrust action going on against Google. Google, which gives away its expert services! Search engines, led by Google, have revolutionized our lives. I noted this phenomenon back in 2003. It’s only 8 years ago, but it seems like a different era, because what I was noting was the dawn of a new era, […]
President Obama began his speech to Congress by saying: “The question is whether, in the face of an ongoing national crisis, we can stop the political circus and actually do something to help the economy.” In other words, “You oppose me because you are playing politics; when I oppose you, it’s something entirely different, something […]
?This newly released book is by Donald Luskin and Andrew Greta. Mr. Luskin is Chief Investment Officer of an investment strategy company, TrendMacro. He’s also well known as an author and a commentator on CNBC. He has recently had several op-eds published in the Wall St. Journal. His co-author has only slightly less impressive credentials. […]
Late-breaking: contrary to the spin I fell for, the Paul Ryan budget plan is a fraud. Karl Rove reports that the proposed budget does not cut a single dime. It’s the oldest trick in the book: pass off a slowed increase as a cut. Ryan’s “Path to Prosperity” budget proposal would raise spending, preserve and […]
It’s hard to get your mind around this, but a lot of people are really put off by Atlas Shrugged. I read a fair amount of web-chatter about Ayn Rand and Atlas, and even allowing for the dishonesty, I find a number of people who find Atlas . . . well, let one of them say it, […]
The shooting of Congresswoman Gabrielle Giffords, though a terrible tragedy, is not of historic significance. More significant is the efforts of the Left to blame this on the Right, particularly the Tea Party movement. The absurdity of these attempts is obvious, and many on the right have done a very good job of blasting them. […]
The Left “explains” the Right’s attachment to its ideas as being due to stupidity. The Right “explains” the Left’s attachment to its ideas as being due to personal evil. Example of Leftist “explanations” of the Right: at a party, shortly after the failure of American soldiers to turn up weapons of mass destruction in Iraq, […]
I copied down what some clown on TV said about our debt to China: “Someone in Beijing is laughing as the U.S. goes deeper into debt to pay for the tax cut.” Where to begin? Well, the following is basically the order in which I hurriedly wrote down my comments when I heard that. 1. […]
There are some races in which a Republican, having lost the nomination to a Tea Party candidate, is nonetheless running as a third-party candidate, against the legitimate Republican nominee. Such is the case for Charlie Crist (Florida) and Lisa Murkowski (Alaska). I strongly advise NOT voting for these embittered ex-Republican spoilers, but to vote for […]
Take a step back and look what’s going on. Last year, Rick Santelli, a Chicago trader who does reports for CNBC did “The Rant Heard Round the World,” in which he said, among many good things: “I’m thinking of having a Chicago Tea Party in July. All you capitalists who want to show up on Lake Michigan, I’m going to […]
Our only hope for saving America from accelerating tyranny is freedom of speech. In the light of that, it was frightening to read an opinion piece in the July 14th edition of the Wall St. Journal. Its author is Lee C. Bollinger, president of Columbia University, home of the prestigious Columbia School of Journalism. The […]
Yet another injustice towards Goldman Sachs is circulating on the web. It’s the publication of the fact that Goldman Sachs has financially supported Democrats over Republicans. The implicit or explicit conclusion is that Goldman is buying pull. Some bloggers have said that the firm is known as “Government Sachs.” This is total context-dropping. The facts […]