It was particularly striking for the Fed to maintain an accommodative policy after the 2003 tax cut, which gave another boost to the economy. That was a significant error.--Glenn Hubbard
Actually, the employment benefit of infrastructure projects is more likely to go to the illegal immigrants who were laid off from housing construction and who otherwise would be headed back home.--Arnold Kling
Teachers and administrators are essentially rewarded when minority students drop out, so retention efforts are now virtually non-existent. Why retain students that make it impossible to comply with NCLB, is the unspoken question with a no clear answer.--Rebecca Sato
If I were to try to read, much less answer, all the attacks made on me, this shop might as well be closed for any other business. I do the very best I know how—the very best I can; and I mean to keep doing so until the end. If the end brings me out all right, what is said against me won’t amount to anything. If the end brings me out wrong, ten angels swearing I was right will make no difference.--Abraham Lincoln
Imagine there's an elderly widow down the street from you. She has neither the strength to mow her lawn nor enough money to hire someone to do it. Here's my question to you that I'm almost afraid for the answer: Would you support a government mandate that forces one of your neighbors to mow the lady's lawn each week? If he failed to follow the government orders, would you approve of some kind of punishment ranging from house arrest and fines to imprisonment? I'm hoping that the average American would condemn such a government mandate because it would be a form of slavery, the forcible use of one person to serve the purposes of another.--Walter Williams
Bitchery is a fine art and, whether we admit it or not, we are all appreciators of the craft, if not avid collectors and connoisseurs.--Steffen Silvis
Matt Cassel has accomplished something only five other quarterbacks have done since the NFL-AFL merger 38 years ago. Cassel has thrown for 400 yards in back-to-back games, joining Dan Fouts in 1982, Dan Marino in 1984, Phil Simms in 1985 and -- to add some levity to the list -- Billy Volek in 2004.--Tim Graham
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Monday, November 24, 2008
Quotes of the day
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