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EckerNet.Com: Happy Birthday To You!

Tue, 10 Nov 2009 15:30:23 -0500

Yeah that title should be in my best Marilyn Monroe voice….

Happy 234th Birthday to the United States Marine Corps! Happy Birthday to all Marines, active or otherwise. Stay safe in whatever you’re doing and enjoy another year of the corps.

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Market Power: College and the Fallacy of Composition

Tue, 10 Nov 2009 15:06:00 -0500

Fallacy of composition: whatever is true for the individual is also true for the whole. Example: if I stand at a football game, I get a better view if I'm the only one who stands up. If everyone stands up*, my view is probably no better or, quite possibly, worse. [...]

Market Power: Testing for Twitter Part Deux

Tue, 10 Nov 2009 14:59:00 -0500

I'm still checking some Twitter connections with my Typepad account. I apologize for any annoyance that this might cause. [...]

Market Power: Testing for Twitter

Tue, 10 Nov 2009 14:11:00 -0500

I am changing how I send my blog posts to Twitter. Please disregard this post. [...]

Market Power: Mark Cuban Interested in Buying the Dodgers

Tue, 10 Nov 2009 14:06:00 -0500

Mark Cuban was kept out of the running for the buying of the Chicago Cubs, but he's still interested in buying an MLB team. From the LA Times.

Mark Cuban, the high-profile owner of the NBA's Dallas Mavericks, said Monday he would consider adding the Dodgers to his portfolio.

As the [...]

Power Line: Wish fulfillment journalism, Part Two

Tue, 10 Nov 2009 13:01:22 -0500

The Washington Post hits a new low in foolish, partisan reporting in this front-page story about Dede Scozzafava and the race in New York-23. Written by Jason Horowitz, with all the finesse of a third-tier lefty blogger, the piece bears the nuanced title: "'Scozzafava' Turns Into Epithet: It's'" [...]

Market Power: You've Got to Be Kidding Me!

Tue, 10 Nov 2009 12:54:00 -0500

How does this happen?

Mizzou’s women’s soccer team became the first regular-season champion in the Big 12 Conference to be excluded from the NCAA Division I tournament.Mizzou failed to secure one of the 34 at-large bids in the 64-team field.

The Tigers (13-6-3, 7-1-2) won the regular-season title but missed out on the conference’s automatic [...]

Market Power: The Wreck of the Edmund Fitzgerald

Tue, 10 Nov 2009 11:46:00 -0500

HT to Kip.

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Market Power: Does Mizzou Have Some Cancers on Its Football Team?

Tue, 10 Nov 2009 11:39:00 -0500

Baylor beat Mizzou this weekend in a 40-32 punch in the teeth and kick in the mouth. Not only had the Bears only scored 34 points in their previous 4 Big XII games without star QB Robert Griffin, they had only won one other Big XII road game EVER. That [...]

Market Power: Eugene Fama Defends his Efficient Markets Hypothesis.

Tue, 10 Nov 2009 11:35:00 -0500

Link here. Money Quote.

Most investing is done by active managers who don't believe markets are efficient. For example, despite my taunts of the last 45 years about the poor performance of active managers, about 80% of mutual fund wealth is actively managed. Hedge funds, private equity, and other alternative asset classes, which have [...]

Minnesota Democrats Exposed: MN SENATE GOP CAUCUS RELEASE – SEN KOCH TO CARRY PAWLENTY AMENDMENT

Tue, 10 Nov 2009 11:26:39 -0500

(Saint Paul) – Senator Amy Koch (R-Buffalo) announced today that she will be the chief Senate author of Governor Tim Pawlenty’s “Spending
Accountability Amendment” during the 2010 Legislative Session.

The bill will be heard at a special meeting of the Senate Taxes Committee on December 7th at 10 AM in Room [...]

Fraters Libertas: Free To Go

Tue, 10 Nov 2009 11:13:00 -0500

All of the recent commentary and remembrances of the fall of the Berlin Wall remind us again of how the Wall became a stark symbol of the divide and differences between the Communist block and the West. It brought clarity to the Cold War struggle and made efforts to claim [...]

SCSUScholars: Grandma and the necktie

Tue, 10 Nov 2009 10:56:00 -0500

Arguing that “economic incentives in health care” are perverse, David Leonhardt asserts that “As long as doctors and hospitals are paid for each extra test and treatment, they will err on the side of more care and not always better care. No doctor or no single hospital can change that. [...]

Market Power: NBER Study: The Minimum Wage and the Body Mass Index

Tue, 10 Nov 2009 10:16:00 -0500

From David Meltzer and Zhuo Chen (HT Greg Mankiw):

Growing consumption of increasingly less expensive food, and especially “fast food”, has been cited as a potential cause of increasing rate of obesity in the United States over the past several decades. Because the real minimum wage in the United States has declined [...]

Power Line: The Washington Post -- still not jumping to any conclusions

Tue, 10 Nov 2009 09:26:10 -0500

Nidal Hasan continues to get the benefit of the bogus doubt from the Washington Post. Over the weekend he was described as having "allegedly opened fire" at Fort Hood. Today, the Post's main front-page headline calls him the "Fort Hood suspect."

Meanwhile, though, a ' [...]

SCSUScholars: Representative Bachmann Gets It Right

Tue, 10 Nov 2009 09:26:00 -0500

Last evening, November 9, the 20th Anniversary of the Fall of the Berlin Wall, Maria Anne "Hansi" Hirschmann" was the keynote speaker at a dinner fundraiser for Twila Brase's Citizens' Council on Health Care (CCHC). Hansi's talk was on freedom and more will be posted later.
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Market Power: Silly Quote by Dick Armey

Tue, 10 Nov 2009 09:15:00 -0500

Harvard has one of the most reputable Economics departments in the nation and the world, so Dick Armey's comment about Harvard (and Larry Summers) is just plain ludicrous. Greg Mankiw:

Okay, this has got to be one of the goofiest comments from a major political figure in recent weeks:
"I don’t [...]

Residual Forces: Emmer Picks Up 8 Legislators’ Endorsement

Tue, 10 Nov 2009 08:49:37 -0500

Tom Emmer picked up 8 big endorsements in his bid for Governor.

GOP Rep. Tom Emmer’s campaign for governor picked up the support of eight state lawmakers. They are:

Bruce Anderson, HD 19A,
Mark Buesgens, HD 35B,
Steve Drazkowski, HD 28B,
Tom Hackbarth, HD 48A,
Mary Liz Holberg, HD 36A,
Amy [...]

Power Line: Paul Rahe: Obama's gestures, part 5

Tue, 10 Nov 2009 08:30:47 -0500

Professor Paul Rahe writes to comment on President Obama's remarks on the occasion of the festivities in Berlin yesterday:

In yesterday's post, I failed to anticipate Barack Obama's cleverness. He did appear in Berlin -- metaphysically, if not physically. He did not honor our allies with his presence. He [...]

Bear Creek Ledger: Michael Steele’s Strange Promotion of the GOP

Tue, 10 Nov 2009 08:06:51 -0500

Number of comments: 1
Michael Steele is once again on his strange apology tour for all ‘us’ racist Republicans. If Steele believes this is the way to promote and garner support from Tea Partiers and grassroot activists he is failing. We all know those that live and work in the Beltway of DC have [...]

Power Line: While Obama sleeps

Tue, 10 Nov 2009 08:02:14 -0500

NRO posted five segments of Peter Robinson's Uncommon Knowledge interview with Victor Davis Hanson and Robert Baer. Professor Hanson is of course the brilliant classicist and historian; Baer is the former CIA operative and author, most recently, of Sleeping With the Devil. Baer's See No Evil, about [...]

Bear Creek Ledger: 2nd Hand Post Traumatic Stress Syndrome

Tue, 10 Nov 2009 07:39:45 -0500

Nidal Hasan is lawyered up and the word is they will use a defense of 2nd Hand PTSD! Because this jihadist was psychiatrist and unfortunately this murderous Islamic traitor was counseling our troops on PTSD, he caught this mental condition not from being in combat but through the osmosis of [...]

Power Line: A Berlin footnote

Tue, 10 Nov 2009 06:47:13 -0500

Introduced by Secretary of State Clinton, President Obama made a surprise appearance by video at yesterday's festivities celebrating the fall of the Berlin Wall twenty years ago. The White House video of Obama's remarks is below; video of Secretary Clinton's address together with Obama's remarks as broadcast at the [...]

Market Power: A Profile of Schell's Brewery

Tue, 10 Nov 2009 03:36:00 -0500

From the Fairmont (Mn.) Sentinel]. [...]

faithmouse: A Mother Teresa Portrait

Tue, 10 Nov 2009 02:04:00 -0500

A new 18 by 24 inch Mother Teresa portrait on stretched canvas. Click to view larger.

A Mother Teresa Portrait - Ebay Art Auction [...]

Because I said so: More on the Planned Parenthood director turned pro-life

Mon, 09 Nov 2009 23:04:00 -0500

Number of comments: 0
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Market Power: The Marketplace of Ideas in a Socialist Academics' Paradise

Mon, 09 Nov 2009 22:45:00 -0500

Abraham Lincoln (August 24, 1855):

When it comes to this, I shall prefer emigrating to some country where they make no pretense of loving liberty - to Russia, for instance, where despotism can be taken pure and without the base alloy of hypocrisy."

Full quote here (2nd gray block, 4th quote). Washington University, 2009.

The [...]

what if?: Tear Down This Wall

Mon, 09 Nov 2009 22:38:00 -0500

Freedom isn't full without free markets.

The history of the Wall symbolises the truth that a free society, based on private ownership of the means of production, best delivers what people want. May I add that, for Africans, faced with a plethora of trade barriers and protectionist measures which impede [...]

Fraters Libertas: Dazed and Confused

Mon, 09 Nov 2009 22:00:00 -0500

Sen. John Kerry on how he came to the conclusion that we need to dial back it back a few notches in Afghanistan.Last month I was traveling down a dirt road in Afghanistan's Helmand province in a heavily armored vehicle. Through thick, bullet-proof windows, I could see Afghans staring as [...]

Psycmeistr's Ice Palace!: Maybe Bill O'Reilly Will Learn Something From This

Mon, 09 Nov 2009 21:56:00 -0500

They say that if one has too open of a mind, eventually, one's brains will fall out.

Bill O'Reilly says he's fair and balanced one minute, yet also says that he operates the "No Spin Zone" the next.

Bill O'Reilly will often ignore readily available contrary evidence and [...]

Psycmeistr's Ice Palace!: Maybe Bill O'Reilly Will Learn Something From This

Mon, 09 Nov 2009 21:56:00 -0500

Psycmeistr's Ice Palace!: What a bunch of INGRATES!

Mon, 09 Nov 2009 21:12:00 -0500

20 years ago, the Berlin wall was torn down; soon before, President Ronald Reagan exhorted Gorbachev to "Tear down this wall!"

It was the genius of Ronald Reagan's policies, coupled with Maggie Thatcher and Pope John Paul II that fostered the conditions that allowed the two Germanys to unite, [...]

Psycmeistr's Ice Palace!: What a bunch of INGRATES!

Mon, 09 Nov 2009 21:12:00 -0500

Power Line: Wish fulfillment journalism

Mon, 09 Nov 2009 20:51:14 -0500

Chris Cillizza is a talented but partisan political reporter for the Washington Post. One of his specialties is purporting to draw lessons about political candidates from obscure and rather meaningless comments and events. Somehow, these lessons typically reflect favorably on liberal Democrats and unfavorably on conservative Republicans.

For example, I wrote [...]

what if?: Worst Person in the World?

Mon, 09 Nov 2009 20:35:00 -0500

I don't think Keith Olbermann is the "Worst Person in the World." Just a really slimy one.

If you're a fan of his show, read this.

How anyone could possibly watch his show after being familiar with his sort of tactics is absolutely beyond me.

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Boots On: Fort Hood Shootings In a Nutshell

Mon, 09 Nov 2009 18:58:00 -0500

I’m going to play amateur psychologist and sum up the Fort Hood shootings. Army Major Nidal Hasan is a practicing Muslim who opened fire on his fellow soldiers, killing many, wounding many. Let’s be frank. He was not insane. This was premeditated. He did not expect to survive. He fully [...]

Residual Forces: Those Zany Krauts

Mon, 09 Nov 2009 17:33:51 -0500

Today, in Germany, they celebrated the fall of Communism, the US President refused an invited to represent the country most responsible for Communism’s failure.

In America, that same President and leader of Congress, celebrated its arrival.

Sad.

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