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johnpapola

"We're expecting a mild recession" - Jan Hatzius of Goldman Sachs, Jan 2008 http://bit.ly/PwOFF this is Paul Krugman's new quote machine.about 2 hours ago from Tweetie
Our institutions should be constrained enough to prevent bad people from destroying everything, not to allow good ones to run everything.about 3 hours ago from Tweetie
The ascension of Dr. Ron Paul in the GOP via Politico: http://bit.ly/U0Tpe, I welcome this change but with deep skepticism.about 13 hours ago from Tweetie
BIG NEWS: US bank denied access to taxpayer funds extracted at gunpoint; instead finds peaceful, voluntary private money http://bit.ly/wYmFXabout 13 hours ago from Tweetie
@simontarr hehe. Indeed. hard plastic sabot. dumb.about 14 hours ago from Tweetie in reply to simontarr
Vicious cycle: monetizing debt creates upward pressure on mortgage rates, & greater volatility http://bit.ly/O1nGv (via @SwiftEconomics)about 18 hours ago from Tweetie
@simontarr That should take a load off our consumption of oil.about 18 hours ago from Tweetie in reply to simontarr
True law emerges. Where is it written that "first come, first go" at a 4 way stop? Legislation is a parasitic afterword on common law.8:10 AM Jul 19th from Tweetie
Medicare Part D was supposed to lower healthcare costs by allowing preventative medications to head of expense surgeries... and... FAIL.7:13 AM Jul 19th from Tweetie
The ratings agencies are a government cartel (by the SEC). Just one more reason this crash is all the government's fault.5:20 PM Jul 18th from Tweetie
If single-payer solutions lower costs... why are military expenditures so out-of-control? The pentagon is a big single payer.8:15 AM Jul 18th from Tweetie
Meanwhile, the Massachusetts mandate-driven "universal" healthcare plan is bankrupting the state: http://bit.ly/vPer0 Damn pesky reality.8:14 AM Jul 18th from Tweetie
UPS teaming up with the DC criminals to steal from all of us http://www.brownbailout.com/ hmm... smells like corporatism6:51 AM Jul 18th from Tweetie
"Affordable health care comes with a big price tag". George Orwell at work in the Obama administration (just as Bush). http://bit.ly/Ie3Dt6:26 AM Jul 18th from Tweetie
@badtux99 one other thing. The constitution was written by men who fought a bloody war to avoid taxation. That's the spirit of the document.5:56 AM Jul 18th from Tweetie in reply to badtux99
@badtux99 Medicare is unsustainable with 5 taxpayers per user. That's a fact. How exactly will more users than taxpayers work? It won't.5:32 AM Jul 18th from Tweetie in reply to badtux99
@badtux99 taxing to produce a public good that everyone uses like a road or basic research is not a transfer payment. Welfare and Medicare R5:29 AM Jul 18th from Tweetie in reply to badtux99
@badtux99 do you see the problem with that?6:22 PM Jul 17th from Tweetie in reply to badtux99
@badtux99 political economics is a system that builds bridges to nowhere while others collapse. And trains between places that few travel.6:21 PM Jul 17th from Tweetie in reply to badtux99
@badtux99 politicians get elected promising concentrated benefits funded by defused taxpayers. It's a terrible system.6:21 PM Jul 17th from Tweetie in reply to badtux99

Name John Papola
Location New York/New Jersey
Web http://www.butwha...
Bio Love my Family. Love Liberty. Love my Macs. Into (Austrian) economics, blogging, philosophy, video games, empathy, making pictures move to change the world.