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Showing posts from 2008

Tax Refunds and Obamanomics

Laissez-faire economics is NOT a zero-sum game, but socialists either think it is or pretend it is - so they're either being stupid or mendacious.

I like the parable of the group of men who go to lunch every day. I'll try to get the math right:

10 men go out to eat lunch at their favorite restaurant every day. The bill always comes to $100. They decided early on to divide the bill based on how much each of them earns: The investment banker earns the most money and pays $70 of the total bill. The lawyer and the doctor contribute $8 apiece. Then the architect and the small business owner pay $5 each. The next four men pay $1 each and the unemployed man pays nothing for his meal. Note that no one but the rich man pays more than his share of the bill - $10.

One day, the owner of the restaurant decides to reward his loyal customers with a discount. He offers to take $10 off of their bill: He pays out the refund as a percentage of each man's contribution. The rich man gets $7, the …

Environmentalism

No one knows what the effects of various emissions are. Scientists build computer models and run simulations based on various assumptions. Some of those computer models predict things like a 15 foot rise in oceans over the next 10 years and those scientists get truckloads of money delivered to them to continue their research. Some models show a negligable effect or even a positive effect in the form of preventing the next glaciation cycle (ice age, if you will - although we're still in one) and those scientists get tarred and feathered by their numerous detractors as tools of "big oil".

The money, by the way, comes primarily from various groups who use "climate change" or "global warming" or "environmentalism" as an excuse to promote their anti-globalization, anti-technology, anti-human socialist agenda. THEY get the money from well-meaning but ultimately foolish people who believe as gospel the pronouncements of the research that suits their…