This is as complete a discussion as I've seen of the unanswered questions about Hillary's health.
Absolutely! This is an especially good point:
In the EU, responsibility for meeting stockpiling obligations was largely delegated to oil companies. There is no reason why the same approach could not be followed in the United States. Indeed, oil companies have every financial incentive to hold sufficient reserves to accommodate a potential interruption. That is just good business planning. According to the Energy Information Administration, private crude oil inventories stand at 511 million barrels. Absent the SPR, investors and oil companies would be able to handle most if not all but the most extreme disruptions, such as closing the Straits of Hormuz.
Headline last week in the Washington Post: "California governor backs rules on cow, landfill emissions".
And what, pray tell, does the delicate headline writer at the Post mean by "cow . . . emissions"?
Cow farts. The great state of California is now regulating cow farts.
"What’s going on? Part of the answer is simple economics."
Close. I'd say the answer is almost entirely economics. (The other part being a cultural shift that encourages and indulges complaint more than it used to do. But that, too, may be a function of greater income and leisure.)
An excellent reminder.
John D. Rockefeller was the richest man the world had ever seen.
But for most of his adult life he didn’t have electric lights, air conditioning, or sunglasses. And he never had penicillin, sunscreen, or Advil. This is not ancient history: One in twenty Americans were born before Rockefeller died.
"Alumnus and longtime library employee left largely unrestricted bequest to U of New Hampshire. It is spending $100,000 on the library and $1 million on a video scoreboard for the football stadium."
It mystifies me why anybody who isn't an extreme Liberal leaves money to U.S. colleges and universities.
"Some of the nation’s most overburdened state and local governments are considering an unprecedented strategy for defusing their public sector pension time bombs: Offering workers lump-sum payments worth somewhat less than their pension guarantees in the hopes that enough will accept to meaningfully reduce long-term costs."
I wish 'em luck, but I'm pessimistic.
Review of Yuval Levin's recent book. I certainly like this:
In Levin’s view, the best politics for a decentralized society is one based in subsidiarity, a concept which holds that because society is a complex web of institutions, with the whole structured like concentric rings, political challenges should be tackled as close to the local level as possible.
If you haven't seen this, it's a fun four minutes.
(Not that it will make any difference at all, but it's nice to see a Republican Congressman let loose.)
Joel Kotkin sternly warns about Cali's future.
(I like "Scandinavia on the Pacific" almost as much as "Baghdad by the Bay" and will try to remember to use it from now on.)