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Sunday, May 26, 2013

Daily Archives: February 16, 2012

Carpe Diem

George Will: Rent Control is Unconstitutional

Mark J. Perry | February 16, 2012, 11:28 pm

“Most tenants in rent-controlled units can renew their leases forever. Tenants can bequeath their rent-controlled apartments — they have, essentially, a property right to their landlord’s property — to their children, or to a friend who lives with them for … read more >

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Carpe Diem

Great Moments in Bureaucratic Excess

Mark J. Perry | February 16, 2012, 10:47 pm

RAEFORD, NC — “A preschooler at West Hoke Elementary School ate three chicken nuggets for lunch Jan. 30 because the school told her the lunch her mother packed was not nutritious. The girl’s turkey and cheese sandwich, banana, potato chips, … read more >

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Economics, U.S. Economy

CBO: The U.S. is experiencing ‘longest stretch of high unemployment since the Great Depression’

James Pethokoukis | February 16, 2012, 6:07 pm

The Congressional Budget Office: The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Moreover, the Congressional Budget Office (CBO) projects … read more >

1
Foreign and Defense Policy

With American troops leaving, Afghans headed for the door

Gary Schmitt | February 16, 2012, 5:44 pm

So, you want to know what Afghans really think about the Obama administration’s decision to accelerate the drawdown of American combat troops in Afghanistan? Well, you could conduct a poll, or you could send a reporter around to interview villagers … read more >

3
Economics

The Fed: The new Supreme Court?

Joe McClintock | February 16, 2012, 5:43 pm

The Supreme Court was designed to be politically independent, with justices appointed to life terms and removed only in cases of great indiscretion. However, since the Senate’s rejection of Robert Bork, Reagan’s nominee for the Supreme Court in 1982, scholars … read more >

2
Economics, Taxes and Spending

To infinity and beyond! This is the debt chart Obama and Geithner should be ashamed of

James Pethokoukis | February 16, 2012, 5:16 pm

Testifying before the House Budget Committee today, U.S. Treasury Secretary Tim Geithner told Chairman Paul Ryan the following: “We’re not coming before you to say we have a definitive solution to that long-term problem. What we do know is we don’t … read more >

49
Carpe Diem

Another Spelling/Grammar/Punctuation Rant on It’s vs. Its: Maybe It’s Time to Just Change the Rule?

Mark J. Perry | February 16, 2012, 4:06 pm

From the comments section: …convinced the agency to now give energy it’s due…. …has been abandoning it’s libertarian bearings over the last couple of years… …is Cuba is prepared to allow it’s citizens… … or what it’s impacts are likely … read more >

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Carpe Diem

Producer Price Inflation Lowest in a Year; For Finished Goods, 0% Over the Last Four Months

Mark J. Perry | February 16, 2012, 3:38 pm

Some highlights of the BLS report today on Producer Prices for January: 1. The annual inflation rate for crude goods (including crude energy materials and crude foodstuffs and feedstuffs) fell to 4.5% in January, the lowest rate in more than … read more >

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Economics

If Obama wins, he should thank Bernanke

James Pethokoukis | February 16, 2012, 2:59 pm

In a speech to community bankers today, Fed Chairman Ben Bernanke addressed a complaint that superlow interest rates are hurting bank profitability by squeezing net interest margins. Bernanke’s response was interesting: The purpose of the Federal Reserve’s policy of low … read more >

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Carpe Diem

Markets in Everything: iPhone Repair

Mark J. Perry | February 16, 2012, 2:43 pm

Boston Globe — “Curt Ingram (iPhoneCurt.com) is part of the expanding mini-industry of repairmen working outside the realm of Apple, whose warranty does not cover “damage caused by accident,’’ such as liquid contact (i.e. dropping it in the toilet) or … read more >

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