- Church Sign Wars – very good
- What Russia Wants – written by my old Boss at Cato
- The path to citizenship – it makes illegal immigration much more understandable
- Making money twice – a very good read
- Julian Sanchez put it very well with
we’re perpetually told the fundamental cause of the ongoing meltdown is Wall Street “greed,” as though that somehow counted as an explanation. How, pray, would we describe it if mortgage lenders had rejected many more applications from lower-income folks, on the grounds that they were poor risks? Well, greed, of course. Pretty much whatever they did, they’d be doing because they expected it to maximize their profit; the issue is their judgement, not their motives. Or put another way: The problem isn’t that people were greedy, it’s that they weren’t very good at being greedy.
- Ron Paul fades into further irrelevance
- More Bailout – Yglesias posits what is hopefully a liberal dilemma
Simply put, if congressional Democrats manage to acquiesce in a plan that spends $700 billion on a bailout while doing nothing for average working people and giving the taxpayer virtually no upside in a way that guarantees that even electoral victory would give an Obama administration no resources with which to implement a progressive domestic agenda in 2009 then everyone’s going to have to give serious consideration to becoming a pretty hard-core libertarian.
- A nice article on Obama’s community organizing days – notices the lack of anything measurable.
One would think that it’s obvious that the government doesn’t get Big Looming Threats pegged too accurately, but apparently not. The fact that people still push for national health care in light of all recent evidence of government capabilities is amazing.
Thanks goodness we bailed out Bear Stearns back in March if we hadn’t we might have lost Fannie Mae and Freddie Mac, Lehman Brothers, Merrill Lynch and who knows what else. Oh wait…