"If you put the federal government in charge of the Sahara Desert, in five years there'd be a shortage of sand."--?Friedman
Dinner at Alexander's. Hated it. Saw Fr. Drew there. Learned that the certification of architects is a forty-hour exam and there are only 123K in the country.
Do we really give money to other countries without expecting anything in return?
Google will soon offer checking accounts to consumers, becoming the latest Silicon Valley heavyweight to push into finance. (wsj)
On September 30, a federal district court judge in Boston upheld Harvard’s use of racial preferences in undergraduate admissions against the challenge that they discriminate against Asian-Americans.
This year through July the US produced nearly 100% of the energy consumed according to data from the Energy Information Administration and marked the first time since 1957 that America was basically energy self-sufficient. As recently as 2005 America produced less than 70% of the energy consumed, which was a record low that followed a downward half-century trend from 100% energy self-sufficiency in 1957. US net petroleum imports declined to only 4.8% through September of this year, which is the lowest level in at least 70 years going back to 1949.
USC sent a letter to students and parents, acknowledging there have been nine deaths among the student body this year.
There is exactly one language on Earth whose present tense requires a special ending only in the third‑person singular. English. I talk, you talk, he/she talk-s – why just that?
deRugy:
Scheherazade: A storyteller, especially one who tells long, entertaining stories. After Schehazade, In One Thousand and One Nights, a collection of stories from the Middle East, the king Shahryar discovers his wife being unfaithful. He learns that his brother’s wife is unfaithful as well. He kills his wife and decides to take revenge on all women by marrying a virgin every day and having her executed the next morning so she never gets an opportunity to cheat. One day it’s the turn of Scheherezade, the vizier’s daughter, to be the bride. She asks the king if she could say farewell to her sister Dunyazad first. The king agrees and the sister, who has been prepared in advance, asks Scheherezade to tell a story. The story is engrossing and the king is awake listening. Scheherezade stops the story just before dawn saying there’s no time left to finish. The king spares her life to find out what happened. The next night she finishes the story and starts another, even more captivating story. And so it goes for 1001 nights and by that time the king has fallen in love with her beauty and intelligence and makes her the queen.
When Napoleon invaded Russia, only something like 55% of his army were French. He invaded Russia with 615,000 men which was the same size as Paris at the time. By the time he crossed the river Niemen back in the other direction in December, he had lost over half a million of those men. In that sense, you have to go back to the ancient world to see such an enormous military catastrophe.--Roberts
On November 13, 2015, a cell of the Islamic State of Iraq and the Levant committed a string of terrorist attacks across Paris, killing 131 and injuring over 400. It was the deadliest day in France since World War II, as well as the deadliest operation ISIL has carried out in Europe to date.
The Snooky Tax
Dinner at Alexander's. Hated it. Saw Fr. Drew there. Learned that the certification of architects is a forty-hour exam and there are only 123K in the country.
Do we really give money to other countries without expecting anything in return?
Google will soon offer checking accounts to consumers, becoming the latest Silicon Valley heavyweight to push into finance. (wsj)
On September 30, a federal district court judge in Boston upheld Harvard’s use of racial preferences in undergraduate admissions against the challenge that they discriminate against Asian-Americans.
This year through July the US produced nearly 100% of the energy consumed according to data from the Energy Information Administration and marked the first time since 1957 that America was basically energy self-sufficient. As recently as 2005 America produced less than 70% of the energy consumed, which was a record low that followed a downward half-century trend from 100% energy self-sufficiency in 1957. US net petroleum imports declined to only 4.8% through September of this year, which is the lowest level in at least 70 years going back to 1949.
USC sent a letter to students and parents, acknowledging there have been nine deaths among the student body this year.
There is exactly one language on Earth whose present tense requires a special ending only in the third‑person singular. English. I talk, you talk, he/she talk-s – why just that?
deRugy:
"The more I follow the Democratic presidential campaign, the more I see how little I understand some people. After all, we can have differences when it comes to ideology, and we can aspire to different things in life. We can even have different understandings of what morality means. Still, there are things on which we should all agree: Because our government is $23 trillion in debt and its annual budget deficits are permanently heading north of $1 trillion, every American should agree that there isn't much space for more spending.And yet Sen. Elizabeth Warren promises that if she becomes president, she will spend $49 trillion over the next 10 years on programs like "Medicare for All," "free" college and many new family entitlements. Meanwhile, Sen. Bernie Sanders would like to spend as much as $97.5 trillion over the next decade. That's on top of a $15.5 trillion baseline deficit, according to Brian Riedl at the Manhattan Institute. None of these politicians has a plan to pay for most of what they propose, and the tax plans they have so far are mostly a recipe for less revenue and seriously slower economic growth....What truly puzzles me is that while the math doesn't add up at all — and the worlds they want to produce won't see the light of day without serious pain for most Americans — they have hundreds of thousands of people cheering them along the way. This is crazy. Let's be honest, the plans by Warren and Sanders almost sound like a 4-year-old's wish list to improve the country (e.g., more candy, more unicorns, more desserts, cartoons throughout the day, all of which is to be paid for by the Wicked Witch of the West and Captain Hook)."
Scheherazade: A storyteller, especially one who tells long, entertaining stories. After Schehazade, In One Thousand and One Nights, a collection of stories from the Middle East, the king Shahryar discovers his wife being unfaithful. He learns that his brother’s wife is unfaithful as well. He kills his wife and decides to take revenge on all women by marrying a virgin every day and having her executed the next morning so she never gets an opportunity to cheat. One day it’s the turn of Scheherezade, the vizier’s daughter, to be the bride. She asks the king if she could say farewell to her sister Dunyazad first. The king agrees and the sister, who has been prepared in advance, asks Scheherezade to tell a story. The story is engrossing and the king is awake listening. Scheherezade stops the story just before dawn saying there’s no time left to finish. The king spares her life to find out what happened. The next night she finishes the story and starts another, even more captivating story. And so it goes for 1001 nights and by that time the king has fallen in love with her beauty and intelligence and makes her the queen.
When Napoleon invaded Russia, only something like 55% of his army were French. He invaded Russia with 615,000 men which was the same size as Paris at the time. By the time he crossed the river Niemen back in the other direction in December, he had lost over half a million of those men. In that sense, you have to go back to the ancient world to see such an enormous military catastrophe.--Roberts
On November 13, 2015, a cell of the Islamic State of Iraq and the Levant committed a string of terrorist attacks across Paris, killing 131 and injuring over 400. It was the deadliest day in France since World War II, as well as the deadliest operation ISIL has carried out in Europe to date.
The Snooky Tax
Tamny writes: "Money is what governments can produce, while wealth is what we produce. If money were wealth, as opposed to a certain consequence of wealth, poverty could be stamped out with ease. Warren, Sanders, and others vying for the favor of Democratic voters forget that a dollar in the hands of Nancy Pelosi and Mitch McConnell is nothing like a dollar in the hands of Jeff Bezos, Bill Gates, and Warren Buffett..."
That said, I would suggest The Snooky Tax.
Under The Snooky Tax, money would be taken only from people who had demonstrated that their handling of money was worse than the government's. That is, transferring money to the government would be done only under circumstances where that money in the private sector would be otherwise applied worse as private investments than it would be were it applied by the government.
A whole new world of financial frugality would emerge and an industry--and mindset--would appear that was devoted to lowering one's taxes by proving the individual handled money well.
Under The Snooky Tax, money would be taken only from people who had demonstrated that their handling of money was worse than the government's. That is, transferring money to the government would be done only under circumstances where that money in the private sector would be otherwise applied worse as private investments than it would be were it applied by the government.
A whole new world of financial frugality would emerge and an industry--and mindset--would appear that was devoted to lowering one's taxes by proving the individual handled money well.
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