Paul on the package.

Money quote:
There is a lot of stimulus and growth in this bill – that is, of government. Nothing in this bill stimulates the freedom and prosperity of the American people. Politician-directed spending is never as successful as market-driven investment. Instead of passing this bill, Congress should get out of the way by cutting taxes, cutting [...]

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The fallacy of the “broken Broken Windows Fallacy”

I’ll say this once.  Hopefully. Building a sports stadium with tax dollars is not an effective or acceptable economic stimulus package.
Taxation takes money out of the private sector and transfers it to the public sector.  Re-transferring that same sum back to the private sector is not “economic stimulus,” it’s simply restoring the original balance sheets.  Owners of football [...]

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On the GOP chief executives

As this Newsweek piece reminds us, there are still 21 of them. I’m really not in the mood to talk about Bobby Jindal right now, since for the first time in my life a key figure in the Republican Party is younger than me, and I’m still stinging from the blow. (They don’t [...]

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Interesting.

In response to the huge federal outlays buying us ever-worsening economic reports:
US Representative Louie Gohmert has a better idea. The third-term Texas Republican proposes to strip Treasury Secretary Henry Paulson of his authority to spend the $350 billion remaining in the $700 billion bailout fund Congress created in October. Instead of being doled out to [...]

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