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Archive for July 4th, 2012

Europe Dancing Around The Fire Of Hell

Posted in Main Blog (All Posts) on July 4th, 2012 11:08 pm by HL

Europe Dancing Around The Fire Of Hell
Byron Wien, Blackstone
When the New Democracy party in Greece defeated the anti-bailout Syriza, I was anxious to learn what The Smartest Man in Europe thought of it all.  The next day I flew across the Atlantic to meet him and we had a long discussion about the world financial outlook.  Many of you remember The Smartest Man from earlier essays; I have been writing about him annually for more than a decade.  He has been a friend for thirty years, and during that period he has shown an almost uncanny ability to see major events affecting the financial markets before other…

Fewer Know Independence From Government

The Declaration of Independence’s Still Stirring Words

A Tax is a Tax is a Tax
Stephen Hayes, The Weekly Standard
One of the few bright spots in last week's Supreme Court ruling on President Obama's health care overhaul was a political one: The opinion written by Chief Justice John Roberts argues that Obamacare is constitutional under the taxing powers of Congress. The Obama administration's advocate before the Court, Solicitor General Donald Verrilli, made this case during oral arguments, and Roberts bought it. The decision, in a sense, formalized what many conservatives had long argued: The Obamacare tax is a tax.

The Downside of Liberty
Kurt Anderson, New York Times
THIS spring I was on a panel at the Woodstock Writers Festival. An audience member asked a question: Why had the revolution dreamed up in the late 1960s mostly been won on the social and cultural fronts "” women's rights, gay rights, black president, ecology, sex, drugs, rock 'n' roll "” but lost in the economic realm, with old-school free-market ideas gaining traction all the time? For Op-Ed, follow @nytopinion and to hear from the editorial pageeditor, Andrew Rosenthal, follow @andyrNYT.There was a long pause. People shrugged and…