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The Conspiracy to Keep You Poor and Stupid

 

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Blog Name: The Conspiracy to Keep You Poor and Stupid
Url: http://www.poorandstupid.com/chronicle.asp
Language: English
Topics: capitalism, economics, donluskin
Description: How big government, big media and big academia block your road to financial freedom and tell you it's for your own good.
Popularity: 2 Followers

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A KATRINA FOR EVERY STATE!
Yes, Harry Reid has a plan! Here's my DC-insider friend "Mick Danger":You regular ole Americans just aren’t cynical enough. Let’s tune into this week’s episode, “Harry & the States.” We all know now that when Harry met Mary, Louisiana picked up a hot $300 million. (What would a real operator -- President Clinton -- do with just $300? Three trailer parks.) Do the other States come out OK? In the short run, yes. But not so far down the road, the road...well, it’s not a road anymore, it’s a cliff. The House-passed health care bill grants the states an extension of additional extra federal assistance (begun
WHAT'S THE MOST EXPENSIVE THING IN THE WORLD?
Maybe a recession. Casey Mulligan estimates we spent $1 trillion buying the last one. I hope we got our money's worth.If you simply paid people not to work, shrinking the labor usage by that much might cost about $3 trillion. It can be a $3 trillion task because people who would not work anyway may take you up on your offer not to work. If you could target your bribes, you would want to target them to the weakest employment relationships -- those for which supply is closest to demand. With very well chosen targets, you could make a recession like this for a mere $
ON THE KANJORSKI AMENDMENT
I'm quoted in Investors Business Daily on a proposed regulation that would allow government to break up any financial firm deemed "too big," as in "too big to fail." Before deciding a firm is engaged in risky activity, [the] Kanjorski [Amendment] would require regulators to consider factors such as a firm's leverage, its ties with other companies, its role as a lender to households, businesses and governments, and the size and nature of a firm's liabilities. "The idea of being to
ABSOLUTE POWER CORRUPTING ABSOLUTELY
Watch this and tremble.
WHY ARE LIBERALS LIKE VAMPIRES?
My DC-insider friend "Mick Danger" explores this cross-cultural phenomenon. Why are liberals like vampires? Because they need daily transfusions of someone else’s blood? Nah, because the whole concept of vampires only makes sense as a work of fiction. Here’s today’s blood-sucking edition courtesy of the New York Times: You see, we borrowed a T from China to fund the Stimulus, to be repaid by your kids so that the unionized employees of the states and loc

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