Sowell has another great article today...in part:
Thomas Sowell
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December 21, 2010 12:00 A.M.
Fiscal Tomfoolery
Most of us are not half as smart as we may sometimes think we are.
Random thoughts on the passing scene:
Let’s face it: Most of us are not half as smart as we may sometimes think we are — and for intellectuals, not one-tenth as smart.
I'd add..for pseudo-intellectuals not 1/20th and for Joe Biden not 1/50th
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One of the biggest obstacles to economic recovery is that politicians and the media are both focused on how government can make the economy recover, rather than on how it can let the economy recover. One of the biggest deterrents to investments — and the jobs they could create — is uncertainty over what new bright ideas will come out of Washington to change the rules in midstream.
Fiscal Tomfoolery - Thomas Sowell - National Review Online
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Jimmy, did you happen to catch Barney Frank's recent comments? insisting that the estate tax is not a double dip tax/punishment because the heirs didn't do anything to "deserve it"(their inheritance)...Frank is no Jefferson but he does a great Karl Marx impersonation
in times of great stress, the cloak comes off and you get to see people for who they truly are for better or for worse...we're seeing alot of it
"It seemed to me ... that the people with the greatest reputations [for wisdom] were almost entirely deficient, while others who were supposed to be their inferiors were much better qualified in practical intelligence." Socrates
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