Cash for Clunkers Headed for the Junkyard

If you haven’t traded in your gas-guzzling SUV for one of those motorized roller skates under Obama’s Cash for Clunkers program, you have a little more than 3 hours left to do so. As of 8:00 tonight, the program will go bankrupt after just a few short months.

Cash for Clunkers went bankrupt in one summer. And Obama expects us to believe he can implement a health care system that will cover every human being in the country, womb to tomb, cost a heck of a lot more than Cash for Clunkers, and it won’t run out of money?

I don’t know which is worse—that Obama believes it or he thinks we’re dumb enough to believe it.

Trekonomics

For 40+ years now, Star Trek has managed to present us with a utopian vision of the future in which money does not exist while simultaneously never really explaining how this is possible. This is an article about how Star Trek is an economic fantasy and speaks to a false belief in the perfectibility of mankind.

As Mr. Spock would say, "Fascinating."

If It's Legal, Does That Make It Right?

We're all aware that the economy isn't int the best shape right now. But does this mean it's necessary to legitimize vice? A quick glance at the Google news page reveals plans to legalize online gambling in America and legalize the sale of marijuana to cover California's massive debt. While Governor Schwarzenegger is still against the idea, he does say that he is open to debate. The gambling legislation comes out of the House Financial Service Committee, chaired by Barney Frank. Frank is quoted as saying "The notion that a society should prohibit something entirely because of the possibility that children will abuse it is a terrible blow to liberty." Samuel Johnson once said that gambling is a tax on stupidity. Maybe this new law will make the price of stupidity so high, that people have no choice but to come around to conservative principles and true understanding liberty.

Hey, a girl can dream, right?

http://www.foxnews.com/politics/2009/05/06/lawmakers-bet-internet-gambling-legislation/
http://features.csmonitor.com/politics/2009/05/06/legalize-marijuana-schwarzenegger-says-lets-debate-it/