Where does the greatest challenge to liberty come from?

‘If respect for individual rights were to be shown to lead, not to order and prosperity, but to chaos, the destruction of civilization, and famine, few would uphold such alleged rights, and those who did would certainly be held the enemies of mankind. Those who can see order only when there is a conscious . . . → Read More: Where Does the Greatest Challenge to Liberty Come From?

I didn't know they had 90 jobs left to cut

File today’s news in the “sure bet” file.  Big bet it was. The thing is… all those IRR NPV calculations on the cost-benefit of allthose subsidies?  Just a tad off in their assumptions I bet.  Folks have begun to forget the late 1990’s when support of USAir(ways) and airport based economic development was the key . . . → Read More: I Didn’t Know They Had 90 Jobs Left to Cut

Economic Events on January 14, 2011

At 8:30 AM EST, the Consumer Price Index report for December will be released.  The consensus is that CPI increased by 0.4% last month, with a 0.1% increase in CPI when food and energy are removed.

Also at 8:30 AM EST, the Retail Sales report for December will be released.  The consensus is that . . . → Read More: Economic Events on January 14, 2011