AIG Is Right: Sue the Bastards
AIG, the mega-insurer that was bailed out by the government in 2008, wants to sue the government. People’s automatic reaction: How terribly ungrateful! The …
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Progress, Despite Every Attempt to Stop It
The typical libertarian sees the world’s glass of water as half-empty. No wonder people avoid freedom lovers. While they tend to be smart and …
India’s Gold Mania
Less than 1% of the world’s gold is mined in India. The rest comes from somewhere else. Still, India can’t get enough. It is …
Markets Stagnate Until They Clear
What the home and mortgage market needs — and it will not recover until then — is a rebooting to current values. To do …
Inflationary Illusions in Real Estate
Real estate, and the careers that depend upon it, is a boom-bust business in the age of inflation. The illusion of wealth is everywhere..until …
Down and Out In California
Gas in Vegas is a dollar cheaper a gallon than in the Golden State, or so a friend and recent LA transplant tells me. …
Government, the New Debtors’ Prison
An old banking buddy of mine has been out of work for a full year. I met up with him yesterday, and he told …
Painting by the Numbers
Times are tough on Main Street. Still, cheap money flows to the top 1%, wherever they live. For example, the fall season for the …
Government, the Thief
How secure are property rights if the police can take your stuff and keep it, citing no particular reason at all? Not very secure. …
The Everyday Absurdities of the TSA
‘Tis the season to be jolly. But then there’s the TSA. No government agency inspires “Bah Humbug” like the Transportation Safety Administration. For those …