Rob Paris Blog

Rob writes about news, economics, politics and other things

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Recommended readings

  • Warning: Profit-Making Colleges Are After You
    10/28/11
    Here we go again. Corporations are making money not by producing a product and marketing it, but by loading consumers with loans they cannot pay and t...
  • Nation Finally Breaks Down And Begs Its Smart People To Just Fix Everything
    10/27/11
    WASHINGTON—Overwhelmed by the frustration of being utterly unable to solve any of the numerous difficult problems it faces, a worn-out nation finall...
  • RSS Rant
    10/26/11
    I’m going to use the longer posting capabilities (on here and Google+ which DOES NOT have RSS haha) to express my irritation about people removing R...
  • In Praise of Credit Checks
    10/26/11
    The more you behave, the more people trust you. The more certain it becomes that you will pay what you owe, the more people are going to extend you cr...
  • Greece Pension Plans Insolvent; No Conceivable Way to Make Promises; Can Spain and Portugal be Far Behind?
    10/25/11
    I am attempting to figure out just how deep in the hole Greek pension plans are. I have not had any luck finding plans or asset holdings but there are...
  • Are Law Schools and Bar Exams Necessary? - NYTimes.com
    10/25/11
    The barriers to entry for the legal industry exist simply to protect lawyers from competition.
  • » Congressman: Secret Report On TSA Pat Downs, Body Scanner Failures Will “Knock Your Socks Off” Alex Jones' Infowars: There's a war on for your mind!
    10/25/11
  • What's Cost Got to Do with It?
    10/24/11
    Whether it's diamonds and water or hardbacks and e-books, the only cogent explanation for prices comes from the Austrians, not the classical economist...
  • The killing of Awlaki’s 16-year-old son - Salon.com
    10/20/11
    Extreme secrecy, as usual, shrouds this act, but it underscores how often the U.S. uses violence around the world
  • From a single hashtag, a protest circled the world
    10/17/11
    NEW YORK (Reuters) - It all started innocuously enough with a July 13 blog post urging people to #OccupyWallStreet, as though such a thing (Twitter ha...
  • Ron Paul to propose $1T in specific budget cuts - Dan Hirschhorn - POLITICO.com
    10/17/11
    The Texas lawmaker plans to lay out a blueprint for far-reaching reductions in federal spending.
  • Amazon lockers come to NYC, no more getting caught by UPS in your PJs
    10/17/11
    First Seattle, then London, now the Big Apple -- Amazon's delivery lockers are starting to pop up all over. As we've explained before, the lockers...
  • Supreme Court mulls danger, dignity in strip-search case – USATODAY.com
    10/14/11
    The Supreme Court considered whether people arrested for traffic or other minor offenses can be strip-searched.
  • Treehouse faces demolition in dispute with Fairfax County - WTOP.com
    10/11/11
    It seemed like a great idea -- build a treehouse on his property for two growing boys. But for one local man, it's turning into a big, expensive lesso...
  • Occupied by Government
    10/11/11
    Many demands are being made, but sadly, if these were ever implemented, they would make problems worse by lowering the standard of living for all —...
  • The Greatest Antiwar Ad Ever Seen
    10/08/11
  • U.S. Drug Policy Would Be Imposed Globally By New House Bill
    10/07/11
    The House Judiciary Committee passed a bill yesterday that would make it a federal crime for U.S. residents to discuss or plan activities on foreign s...
  • Wall Street Couldn’t Have Done It Alone
    10/07/11
    To Occupy Wall Street: Wall Street couldn’t have done it alone. It takes a government and/or its central bank, the Federal Reserve System, to: Cre...
  • Wrong Medicine for a Sick Economy
    10/07/11
    The top 1 percent of US income earners pay 38 percent of all federal income taxes, and the top 10 percent pay 70 percent.
  • The Firm and the Division of Labor
    10/05/11
    We have to make a fundamental choice: we can either engage in the social division of labor and contribute to our own and society's overall prosperity,...
  • Cash for Clunkers: A Personal Look
    10/04/11
    While "cash for clunkers" accelerated consumption in the month of August, it left a gap in demand following the program's demise.
  • Senator Durbin attacks banks for charging a fee that he is forcing them to charge
    10/02/11
    Even the Chicago Tribune isn't very happy with Durbin on this one.Sen. Dick Durbin must be forgetting that once you've dug yourself into a deep hole,...
  • Fran Tarkenton: What if the NFL Played by Teachers' Rules? - WSJ.com
    10/04/11
    In The Wall Street Journal, former NFL quarterback Fran Tarkenton images how pro football would look if players who made it through three seasons coul...
  • Are “Daily Deals” sites a sign of doom?
    09/30/11
    Groupon, Living Social – bad for business? Interesting turn of events in 2011. What seemed to be the “next big thing,” the daily deals tsunami i...
  • Seton Hall to lower tuition rate by $21K matching Rutgers; Cost of College Education will Crash; Moronic Educators Object to Lower Costs
    09/29/11
    I have been waiting for and expecting news headlines just like this one: Seton Hall will lower tuition rate by $21K to match Rutgers for some incoming...
  • Be Safe, Break the Law
    09/22/11
    The 55 mph speed limit was a vain attempt by the Federal government to reduce gasoline consumption; initially passed in the 1974 Emergency Highway Ene...
  • Faster-than-light travel discovered? Slow down, folks | Bad Astronomy
    09/22/11
    So the web is buzzing right now over news that scientists have detected some subatomic particles moving faster than the speed of light. Yeah, well, no...
  • The Tax-the-Rich Truth Squad
    09/22/11
    President Obama has unveiled his so-called deficit reduction plan.  Besides spending cuts that aren’t really cuts, he has proposed ending the Bush-...
  • The importance of "selection bias" in statistics
    09/20/11
    During WWII, statistician Abraham Wald was asked to help the British decide where to add armor to their bombers. After analyzing the records, he reco...
  • Tony Bennett on 9/11 Attacks: ‘They Flew the Plane in, But We Caused It’ - ABC News
    09/20/11
    (Ethan Miller/Getty Images) American icon Tony Bennett took to the airwaves at Sirius Radio to promote his new album, “Duets II,” but it’s what...
  • Floridian Who Flashed Headlights Sues Police over Free Speech
    09/19/11
    “When Erich Campbell passed two Florida Highway Patrol cruisers parked in the median near Tampa International Airport in December 2009, he flashed h...
  • Government Is Force
    09/16/11
    Some pundits really don’t understand why libertarians dislike government and therefore want it to do little, if anything at all. Unable to grasp the...
  • The Collapse Of Meth; The Rise Of Pot
    09/15/11
    Some remarkable news in the latest National Survey on Drug Use and Health. Heres the buried lede: The number of current methamphetamine users decreas...
  • Obama’s whopper of a claim on tax cuts - The Fact Checker - The Washington Post
    09/08/11
    The president said he signed into law “the biggest middle-class tax cut in history.” It turns out his definition of biggest is rather strange.
  • Who Serves During Disaster?
    09/06/11
    As Irene ravaged other parts of the eastern seaboard, causing millions to be without power, the eatery of last resort, Waffle House, kept its doors op...
  • The Feds Block AT&T's Merger with T-Mobile
    09/05/11
    Antitrust action like this is wrong on moral, theoretical, and practical grounds.
  • Appeals Court Rules It Is Not Illegal To Film Police
    09/01/11
  • Natural Disasters and Disastrous Economics
    09/01/11
    With both an earthquake and a hurricane in the same week, it’s not just natural disaster season, it’s also economics disaster season. Both natura...
  • Obama Spent $535 Million on Solyndra Solar Energy Firm in 2010; Firm Went Bankrupt Today; Pricetag $486,363 Per Job Saved for 18 Months
    08/31/11
    The federal government should get out of the business of picking technology and "green" winners. Government backing of alternate energy companies has...
  • The best way to board an airplane
    08/30/11
    Just about every major airline is experimenting with how to make boarding faster. American Airlines settled this summer on a random boarding order af...
  • Special report:Irene wallops floundering flood insurance program
    08/30/11
    NEW YORK (Reuters) - The only thing worse than getting flooded out of your home once is getting flooded out of it twice. Or, for that matter, over and...
  • Threat of Irene exposes New York's vulnerability
    08/24/11
    NEW YORK (Reuters) - In the annals of natural disasters, it doesn't get much worse than a major hurricane directly striking New York City and Long Isl...
  • Lysander Spooner: American Anarchist
    08/24/11
    It was in the early 1970s that I first learned of Lysander Spooner’s ideas. The six volumes of his Collected Works, which were published in 1971 and...
  • The Cancer of Regulation
    08/24/11
    Politicians care about poor people. I know because they always say that. But then why do they make it so hard for the poor to escape poverty? Licensin...
  • Europe Update: Greek Bond Yields Surge
    08/24/11
    The Greek bailout deal is under pressure ... and the Greek 2 year yield increased to 44% and the 10 year yield increased to 18% this morning. From th...
  • How to get $12 billion of gold to Venezuela
    08/22/11
    Ever since the news broke last week that Hugo Chávez wanted to transport 211 tons of physical gold from Europe to Caracas, I’ve been wondering how...
  • How the Stimulus Racket Works
    08/16/11
    Starting with President Bush, and continuing into President Obama's term, the US government has paid out more than $11 trillion in stimulus money....
  • Why Americans Hate Economics
    08/19/11
    It is a rare occurence here when we publish an opinion from the Wall Street Journal, but the Journal’s Stephen Moore got everything right in this pi...
  • A Big Bridge in the Wrong Place on the Hudson
    08/19/11
    From David Kestenbaum at Planet Money:"You would never look at a map of the Hudson River (see above), point to the spot where the Tappan Zee Bridge is...
  • With the acquisition of Motorola, Google shows us how to buy patents on the low
    08/17/11
    Just how much is a mobile patent worth? If it keeps your company from losing millions of dollars every quarter alone, quite a bit. Still, there is no...
  • Google to buy Motorola Mobility in biggest deal ever
    08/15/11
    NEW YORK/SAN FRANCISCO (Reuters) - Google Inc's biggest deal ever, acquiring Motorola Mobility Holdings Inc for $12.5 billion, is an attempt to buy in...
  • "Made-in-China" Only 2.7% of U.S. Spending; Really? What Does It Mean? Inflationists Take Note
    08/15/11
    For all the political bickering and scapegoating of China, 'Made in China' ranks only 2.7% of U.S. spending Convinced that everything you buy these da...
  • Are Economists Really That Smart? - Forbes.com
    08/12/11
    It's no wonder economics confuses people, but it needn't be so intimidating.
  • UK Prime Minister exploring social media crackdown in wake of London riots (video)
    08/11/11
    As Londoners continue to pick up the rubble and carnage from this week's riots, UK Prime Minister David Cameron is exploring new ways to maintain...
  • Failure of Keynesianism
    08/11/11
    Inquiring minds are reading as short but accurate message from Urs Paul Engeler on the Failure of KeynesianismThe current economic crisis shows that t...
  • Proposed rule on farms called ‘absurd’
    08/12/11
  • The Price Of A Big Mac Is Now $17.19 In Zurich
    08/09/11
    Submitted by Simon Black of Sovereign Man The price of a Big Mac is now $17.19 in Zurich Just a quick thought on a ridiculously volatile day: One of t...
  • Ron Paul spars with other candidates over foreign policy | Iowa Caucuses
    08/12/11
  • In Defense of Internet Anonymity
    08/11/11
    Private organizations can set their own policies and allow customers to decide for themselves whether they want the service on those terms. But someth...
  • Government logo fail of the day
    08/11/11
    Government logo fail of the day
  • Global Unrest—Economic Uncertainty Leading to Global Unrest - CNBC
    08/10/11
    Great Britain and other parts of the world are experiencing unrest at a time of global economic uncertainty and stock market volatility. Here's a look...
  • Fed Up: A Texas Bank Calls It Quits - WSJ.com
    08/10/11
    In an extreme example of the frustration felt by many bankers as regulators toughen their oversight, Main Street Bank of Kingwood, Texas, plans to sur...
  • Consumers Now Required To Seek Treasury Department Approval On All Purchases Over $50
    08/10/11
    WASHINGTON—Disappointed with the way the nation has been managing its money, the Treasury Department announced Wednesday it had begun requiring citi...
  • Return of the Bear; De-mystifying Interest Rate Policy; Do Central Bankers Lead or Follow the Market?
    08/10/11
    The bear market is back says Australian economist Steve Keen. I agree. Moreover, the recent action, including the rally, offers sufficient evidence. T...
  • Baseball Bat Sales Up 6,541% on Amazon.co.uk
    08/09/11
    With all that unpleasantness over in London, how are Britons forgetting their troubles? According to the Movers and Shakers chart for the Sports Leis...
  • Decade of Stimulus Yields Nothing But Mountain of Debt; What to Do About It?
    08/07/11
    Is there any kind of stimulus the US did not try in the last 10 years? We had 1% interest rates from Greenspan fueling housing.We had wars from Bush...
  • US judge won't return seized URL to Rojadirecta.com, absolutamente no
    08/07/11
    Welcome to the homepage of popular sports streaming and p2p site Rojadirecta.com. Why all the birdy logos and harsh words about going to prison? We...
  • Time To Really Deal With The Broken Software Patent System
    08/07/11
    I’ve been railing against software patents for a number of years. I believe software patents are an invalid construct – software shouldn’t be...
  • Mapnificent visualizes public transportation travel time, is more exciting than it sounds (video)
    08/05/11
    If we could find a browser Mapnificient worked in without problems we'd probably call it the greatest thing to happen to Google Maps since turn-by-...
  • » Raw Food Raid: Armed Agents Bust Raw Milk & Cheese Sellers Alex Jones' Infowars: There's a war on for your mind!
    08/03/11
  • When patents attack Android
    08/03/11
    I have worked in the tech sector for over two decades. Microsoft and Apple have always been at each other’s throats, so when they get into bed toge...
  • The Economics of US Healthcare - Gilbert G. Berdine, M.D. - Mises Daily
    08/03/11
    The US healthcare system is a complex leviathan of interdependent cartels rather than a free market.
  • Co-Pays for Women’s Medical Services Barred | The Freeman | Ideas On Liberty
    08/03/11
  • Innovation, Competition And The FDA - Forbes.com
    08/03/11
    Recent regulations by the FDA have retarded innovation in the drug industry and caused harm to the health of the nation.
  • Privatize the Highways — and All Roads for That Matter
    08/03/11
    Government-sponsored monopolies should be abolished where they seem to be most integral to our society.
  • Drunken Ben Bernanke Tells Everyone At Neighborhood Bar How Screwed U.S. Economy Really Is
    08/03/11
    SEWARD, NE—Claiming he wasnt afraid to let everyone in attendance know about the real mess were in, Federal Reserve chairman Ben Bernanke reportedly...
  • Central Falls Bankruptcy Update "All Contracts with Municipal Workers and Retirees Including Police and Fire Workers Immediately Voided"
    08/01/11
    In an update to my post earlier today and as expected, but sooner than expected (less than a day) Central Falls Collective Bargaining Contracts Voided...
  • New NASA Data Blow Gaping Hole In Global Warming Alarmism; Idiocies of Cap-and-Trade Exposed
    07/29/11
    Forbes Magazine reports New NASA Data Blow Gaping Hole In Global Warming AlarmismNASA satellite data from the years 2000 through 2011 show the Earth's...
  • U.S. Default Would Not Be Unprecedented
    07/29/11
    Why do the media and politicians persist in saying the U.S. government has never defaulted on its “obligations” before? It most certainly has. Mar...
  • The President's Obligation to Take Care That the Laws Be Faithfully Executed Requires Him to Start Minting Large-Denomination Platinum Coins
    07/28/11
    That seems to me the only way that he can faithfully execute all the laws. Otherwise, he has to break some--or have the Treasury Secretary violate his...
  • Not Raising the Debt Ceiling Would be Blessing; Debt Limit Analysis; Interactive Map, You Decide What Not To Pay
    07/28/11
    As the chances of a gaseous Congressional compromise to do nothing about deficit reduction grow larger, inquiring minds wonder just what might happen...
  • Google Hotel Finder Lets You Draw Map Areas and Filter Hotel Lists to Find the Perfect Place to Stay [Hotels]
    07/28/11
    There are several sites designed to help you find the perfect hotel. The Hotel Finder experiment fr...
  • An un-American response to the Oslo attack - Glenn Greenwald - Salon.com
    07/28/11
    The country's political leaders refuse to exploit the tragedy to create a Surveillance State and secrecy regime
  • Pastafarianism in the military
    07/26/11
    Here’s a guest post by Justin Griffith.  Justin is well known for his fight against the idea that “there are no Atheists in Foxholes”.  He was...
  • Paul gets big endorsement ahead of crucial Iowa contest – CNN Political Ticker - CNN.com Blogs
    07/25/11
    Ames, Iowa (CNN) -- Republican presidential candidate Ron Paul has fresh bragging rights after picking up what is surely a coveted endorsement on Mond...
  • Arkansas Town Draws a Line on Allowing Clubs - NYTimes.com
    07/20/11
    The City Council of Gould, Ark., adopted an ordinance making it illegal to form any kind of group without its permission.
  • Neighbors Are Mad At Guy Who Got $300K House For $16
    07/18/11
    That unappealing smell could be the stench of jealousy, after a man uses the law to his advantage and snags a $300,000 house in Te...
  • Europe Update: Next Key Meeting on Thursday
    07/18/11
    The next emergency EU summit is scheduled for this coming Thursday. Wolfgang Münchau is very concerned, from the Financial Times: Plan D stands fo...
  • 3-D "Printing" Technology Will Blow Your Mind
    07/18/11
    Mish
  • First synthetic organ transplant paves way for post-op, immunosuppresive drug-free future
    07/13/11
    Science can do some wonderful, heartstring-tugging things. Take this for example: surgeons have triumphantly performed the first ever synthetic org...
  • I predict that Google+ will go from 0 to 100,000,000 users faster than any other service in history. (Bill Gross/Google+)
    07/11/11
    Bill Gross / Google+: I predict that Google+ will go from 0 to 100,000,000 users faster than any other service in history.  —  Okay, thats a bold...
  • PROTECT IP Act called unconstitutional by bipartisan group of law professors
    07/11/11
    Turns out Eric Schmidt is not alone in his vehement opposition to the PROTECT IP Act, and the resistance is hardly partisan. A group of over 100 la...
  • OPINION: Competing currencies: a defense against profligate spending - The Hill's Congress Blog
    07/11/11
    The end of June marked what is hopefully the end of the Federal Reserve's policy of quantitative easing. For months the Fed has purchased hundreds of...
  • Bond Vigilantes Strike; Crisis in Italy Escalates; Portugal 2-Year Debt Hits 18.36%, Greece 31.34%, Ireland 17.83%; New Record High Spreads
    07/11/11
    In response to EU Calls Emergency Meeting on Italy; Don't Worry "It's a Coordination, Not a Crisis"; Short Sellers Blamed; Junckeritis Spreads I recei...
  • It's Time to End the War on Salt
    07/08/11
    For decades, policy makers have tried and failed to get Americans to eat less salt. In April 2010 the Institute of Medicine urged the U.S. Food and Dr...
  • Portugal's War On Addiction
    07/07/11
    by Chris Bodenner Theyre winning: Health experts in Portugal said Friday that Portugals decision 10 years ago to decriminalise drug use and treat ad...
  • Stepping Outside the Grade-Level Box
    07/01/11
    Written by contributor Sarah Small of SmallWorld at Home Ask a homeschooled kid the innocuous “What grade are you in?” and you’ll often get a f...
  • Dealtalk: Google bid "pi" for Nortel patents and lost
    07/01/11
    NEW YORK (Reuters) - At the auction for Nortel Networks' wireless patents this week, Google's bids were mystifying, such as $1,902,160,540 and $2,614,...
  • Anarchy in Somalia
    06/30/11
    Somalia is experiencing progress according to several criteria, despite (or, some would say, because of) its lack of a strong central government. As a...
  • Air Conditioning Afghanistan Troops Costs $20 Billion Per Year; Cost of One Soldier is $1 Million a Year; Hotel California
    06/28/11
    If people realized how much we were wasting in stupid wars that should never have been fought, there might be far more protests.Please consider Among...
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