Liberals: Let’s Plunder Ivy League Endowments

Ivy League endowments are so tempting for money-hungry liberals who want to increase government debt leverage. The headline at Slate is quite clear: “Is It Time to Tax Harvard’s Endowment?” Of course, Jordan Weissmann’s editorial is not just aimed at Harvard. It is aimed at all Ivy League endowments. I pretty much hate schools like Harvard and Yale. They rule us and control institutions like the Supreme Court. But I still hate Weissmann’s proposal. In 2014, the university’s legendary Read more […]

The Murderous Face of Envy, Self-Righteousness, and “Rights”

Unfortunately your browser does not support IFrames. TMZ reports, that the killer’s father’s lawyer said on his behalf, “This country, this world, needs to address mental illness and the ramifications from not recognizing these illnesses.” Illness? As far as I can see Elliot Rodger isn’t insane. He is just completely enraged at life and everyone around him for allegedly enjoying it more than he can. I find it incredible that a man who drives a BMW can’t figure out that his life is relatively Read more […]

Social Media Envy? Or The Obama Culture With Some Cyberspace Added In?

Karal Markowicz’s editorial, “America’s ugly epidemic of social media envy,” is about something bigger than social media. The envy has been here for a long time. Democrats in politics would be impossible without it. Markowicz writes about one specific example of envy: I’m thinking of Karen Paperno, the owner of Park Slope baby boutique Boing Boing, who raged in Huffington Post piece about the growing affluence of her neighborhood and her difficulty in keeping up with the Joneses. In Read more […]

Why Poverty is Mostly a Self-Inflicted Condition

For decades Americans have been told that the way to rid the nation of poverty is to redistribute wealth to the underclass. We’ve seen an increase in wealth redistribution since the Great Society anti-poverty programs of the 1960s under Lyndon B. Johnson’s administration. The amount of wealth redistribution in America today is staggering, and yet we still have an underclass, an underclass that is growing. Human nature comes into play for every economic transaction that takes place. People Read more […]

It Shouldn’t Matter If The CEO-To-Average-Worker Pay Ratio Is 475 To 1

I came across an image online that purports to show the ratio-of-pay of CEOs to that of the “average workers” of different countries. I say “purports” because there is no citation of the sources used to make the image, but I write this with the assumption that it is all true. At the top of the graph is Japan, with a CEO-to-average-worker-pay ratio of 11:1. In the ninth-place spot is Venezuela with a ratio of 50:1. And in the country following that, in the tenth-place spot, the ratio jumps Read more […]

The Difference Between Jealousy and Envy

“So jealous…” It’s something we usually say in jest when we see that someone has something we desire. But this is not the most accurate use of the word “jealous.” Jealousy is the desire to possess exclusively, and it usually applies to what one already possesses. It can be healthy in certain circumstances. What we should really be saying is, “So covetous…” Because covetousness is the desire to have something someone else has. But the main attitude of modern America is not Read more […]

Liberals Spend Other People’s Money and Call it ‘Caring’

From 1986 to 1990, ALF aired on NBC. The title character is a friendly but opinionated extraterrestrial nicknamed ALF (an acronym for Alien Life Form), who crash lands in the garage of the suburban middle-class Tanner family. At one time I thought the voice for ALF sounded a lot like Rush Limbaugh. Some of the things ALF said reminded me of a number of Limbaughisms. In an early scene from the 1986 episode “I’m Your Puppet,” ALF had ordered a ventriloquist dummy, but used Willie Tanner’s Read more […]

Why Talking about ‘Tax Cuts’ is Not a Good Campaign Issue But It’s Necessary

There is little incentive for nearly 50 percent of the population to care about a reduction in taxes since they are the beneficiaries of high taxes. A reduction in taxes would mean a reduction in what they get through wealth transfer payments. If the tax reduction argument is used, it must be explained in a way that shows it’s a benefit to everyone. But even this is difficult since politicians live on confiscated money in order to buy votes so they can stay in office. In addition, millions of Read more […]

Don’t Tax the Rich . . . Thank Them

The rich often get a bum rap. Liberals are incensed when it is suggested that “the rich” get any type of tax reduction even though the top 50% of wage earners pay 96% of all income taxes. Since they spend more money, the rich also pay a disproportionate amount in sales, property, entertainment, and excise taxes. Without the rich, most people would not have jobs. Poor people don’t create jobs. Governments create jobs by force. The rich create jobs by creating things people want. The first Read more […]