Monty Pelerin's World

  Government is 79% of the Economy Welcome to the world of dysfunctional, bloated and insolvent government. CNBC recently reported on delayed income tax refunds: “…  cash-strapped states such as [...]

The public is in an ugly mood regarding politics. For the country, this anger may represent a turning point. For politicians in Washington, it is just business as usual. Can [...]

As expected, the State of the Union (SOTU) speech was delivered with the usual élan from the gifted orator, President Obama. Unexpected, for most, was the content of the speech.  [...]

An earlier post discussed the perilous condition of New York state. Tyler Durden had a similar post a few days ago. Interestingly, in his post, NY state was not considered [...]

Here is just another case of self-interest trumping ideology. Politicians of either party have few principles and virtually none of them are inviolate. The principle almost never violated is self [...]

Image via Wikipedia Some takes on political outcomes: MICKEY KAUS on winners and losers in yesterday’s elections. Plus, the L.A. Times carries headline spin too far! ED MORRISSEY: Lessons From [...]