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Current Affairs

April 21, 2014

"Billionaire Brothers Got Good Insider Trading Advice, Says SEC"

Here's some excellent advice about insider trading:

A service that I sometimes provide for free to my readers is telling them how not to insider trade. The first rule of insider trading is "just don't insider trade," but the second rule is, if you are going to insider trade,don't do it by buying short-dated out-of-the-money call options in companies that you know are going to be merger targets. The SEC always notices that.

"Dems Wise to Flee the Coming Tsunami"

Yes, I'll believe Obamacare is "working," when most Democrats running in competitive states vigorously endorse it. Currently, not so much

April 20, 2014

"It Is Staggering How Much Australia's Mining Boom Has Changed Perth And Its People"

No surprise to conservative economists, but it sounds like the changes have been mostly good. 

April 17, 2014

"Untold Tales of the 1%"

"The Top 1% of Recording Artist Superstars Capture 77% of All Revenues From Internet-Based Sales; the Remaining 99% Divide the Remaining 23% of Revenues".

Who's up for taxing the hell out of those filthy rich musicians?

:-)

April 16, 2014

"Social Security stops trying to collect on old debts by seizing tax refunds"

Just three days after the Washington Post revealed the heinous practice, the Social Security Administration announced "it will immediately cease efforts to collect on taxpayers’ debts to the government that are more than 10 years old."

Commentary by Ed Morrissey and by Megan McArdle

I'd say it's another example of Justice Brandeis's fine axiom, "Sunlight is said to be the best of disinfectants."

"23 Global Warming & Climate Change Stories All Americans Should Read Before Earth Day"

Excellent list

April 15, 2014

"Want A 70 Percent Tax Cut? A Libertarian Government Could Deliver It"

The author well knows--as do the readers--that this is, currently, but a dream

But a journey of 1,000 miles begins with the first step. 

 

"This Ultimate Map Shows Where People Are Moving Inside The United States"

"This map shows the net domestic migration for each county in the U.S. for the year between July 1, 2012, and July 1, 2013, adjusted by the original 2012 population. Counties with positive net domestic migration (more people moving in than moving out) are in blue and counties with negative net migration are in red . . . 

"The most startling aspect is the mass of dark blue in western North Dakota and eastern Montana. It coincides with the Bakken Formation, ground zero of the recent shale oil boom.

"The map also shows the trend of people leaving areas in the Northeast and Midwest — and of people moving to the Southeast."

April 14, 2014

And so it begins (maybe)

Sooner or later, most Americans will get tired of paying so much in taxes for such poor results. Maybe this is the beginning of "sooner": "New York Legislators Just Did The Unthinkable, And Voters Will Love It".

(Maybe this map hints at future developments.)

"Where did all the bandits go? At one time, bank robberies were part of L.A.'s daily routine. Not so anymore."

We're not sure of the reasons why, but regardless, it's a welcome development

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