The Rising Tide

Is The Stimulus Working?

Dutifully fulfilling it’s role as chief propagandist for the State, today’s New York Times declares that  It is clearly too soon to know for sure. But the evidence is now pointing pretty strongly in one direction: history books may conclude that the financial crisis of 2008 turned out to be far less bad than it

Is The Stimulus Working? Read More »

Real Men of Genius: Me

I’m 19 years old. Every time I get a paycheck, about 5% is missing, gone to a line that says “Social Security.” Theoretically, when I turn 65 I’ll start receiving a check every month or so based upon how much money I’ve earned in my life. I don’t think this is going to happen. I

Real Men of Genius: Me Read More »

NY Public Pension Costs Set to Triple

It shouldn’t surprise anyone.  Public watchdog groups have been pointing this out for years.  I pointed it out when I ran for Comptroller in 2005.  I even saw Mayor Bloomberg mention it – once.  Public pension costs are probably the single most impotant item creating the structural deficits in New York’s state and local governments. 

NY Public Pension Costs Set to Triple Read More »

More Stimulus Unintended Consequences – – Fewer New Jobs

Those of us who are fans of Austrian Economics knew it all along.  George McGovern apparently learned it too late.  Barak Obama and his economic advisers seem clueless still.  Government intervention in the economy nearly always does more harm than good.  An online article  ,  How the Stimulus Discourages Hiring , in that bastion of free market

More Stimulus Unintended Consequences – – Fewer New Jobs Read More »

A Large and Uncomfortable Fact

George Orwell once noted that at any given moment there is a general tacit agreement not to discuss some large and uncomfortable fact, and the sad fact is there’s such an agreement out and about concerning a gold standard versus a paper standard. Trust me, believing in a gold standard makes me the lunatic on

A Large and Uncomfortable Fact Read More »

Manhattan Libertarian Party