Friday, March 25
Alan Reynolds: Social security vs. stock returns: no contest:
"In the Federal Reserve Bank of St. Louis Review, Thomas Garret and Russell Rhine earned the last word on this topic. They calculate what the return would have been to those who retired in 2003 if they had instead been allowed to invest the money they 'contributed' to Social Security in an S&P 500 index fund or 6-month CDs. Then, they compare what retirees' amortized monthly income would have been if payroll taxes were invested with what it actually is under Social Security. What they found was that 'over 99 percent of the U.S. population would have earned a greater return by investing in the S&P 500, and over 95 percent would have earned a greater return by investing in 6-month CDs relative to the current Social Security system.'"
"In the Federal Reserve Bank of St. Louis Review, Thomas Garret and Russell Rhine earned the last word on this topic. They calculate what the return would have been to those who retired in 2003 if they had instead been allowed to invest the money they 'contributed' to Social Security in an S&P 500 index fund or 6-month CDs. Then, they compare what retirees' amortized monthly income would have been if payroll taxes were invested with what it actually is under Social Security. What they found was that 'over 99 percent of the U.S. population would have earned a greater return by investing in the S&P 500, and over 95 percent would have earned a greater return by investing in 6-month CDs relative to the current Social Security system.'"
Thursday, March 17
THE LARRY SUMMERS JIHAD:
"Besides, what ever happened to academic freedom? We're told that in the case of Ward Churchill, outrageous anti-American statements should be considered protected speech with no consequences. Yet when Larry Summers suggests in a speech that there must be some reason why women don't do as well in math and science...now he should be fired.
Liberals are all for freedom of speech as long as they agree with what is being said. Once someone dares to challenge their lexicon, they must be gotten rid of. "
"Besides, what ever happened to academic freedom? We're told that in the case of Ward Churchill, outrageous anti-American statements should be considered protected speech with no consequences. Yet when Larry Summers suggests in a speech that there must be some reason why women don't do as well in math and science...now he should be fired.
Liberals are all for freedom of speech as long as they agree with what is being said. Once someone dares to challenge their lexicon, they must be gotten rid of. "
Monday, March 14
Marines driven out of UAW lot:
"[Y]ou don't come into my office and say, 'OK, we're not going to support some of your Marines.' I don't know what a foreign car is today anyway. BMWs are made in South Carolina now."
-- Lt. Col. Joe Rutledge, C.O.
"[Y]ou don't come into my office and say, 'OK, we're not going to support some of your Marines.' I don't know what a foreign car is today anyway. BMWs are made in South Carolina now."
-- Lt. Col. Joe Rutledge, C.O.
Thursday, March 3
Ann Coulter: Calling the kettle gay:
"So now liberals are lashing out at the gays. Two weeks ago, the New York Times turned over half of its op-ed page to outing gays with some connection to Republicans. There is no principled or intellectual basis for these outings. Conservatives don't want gays to die; we just don't want to transform the Pentagon into the Office of Gay Studies.
By contrast, liberals say: 'We love gay people! Gay people are awesome! Being gay is awesome! Gay marriage is awesome! Gay cartoon characters are awesome! And if you don't agree with us, we'll punish you by telling everyone that you're gay!'
In addition to an attack on a website reporter for supposedly operating a gay escort service and thereby cutting into the business of the Village Voice, another Times op-ed article the same day gratuitously outed the children of prominent conservatives."
"So now liberals are lashing out at the gays. Two weeks ago, the New York Times turned over half of its op-ed page to outing gays with some connection to Republicans. There is no principled or intellectual basis for these outings. Conservatives don't want gays to die; we just don't want to transform the Pentagon into the Office of Gay Studies.
By contrast, liberals say: 'We love gay people! Gay people are awesome! Being gay is awesome! Gay marriage is awesome! Gay cartoon characters are awesome! And if you don't agree with us, we'll punish you by telling everyone that you're gay!'
In addition to an attack on a website reporter for supposedly operating a gay escort service and thereby cutting into the business of the Village Voice, another Times op-ed article the same day gratuitously outed the children of prominent conservatives."
