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It Was The Best Of Times, It Was The Worst Of Times
Sadly, No! — ... bonus points for linking to the original report with the following URL: http://www.taxfoundation.org/admin/library/tinymce/jscripts/tiny_mce/plugins/paste/blank.htm#_ftn1 And here, on cue, come the morons. First we have Chicagoboyz who, despite their degrees in economics from the University of Chicago, and as a testament to the blinding qualities of ideology, are being schooled in the basics of that discipline by a comedy blog: Why The Really Rich Love Socialists This article [h/t Instapundit] shows ...

Sitting Out an Obama Term
Patterico's Pontifications — ... jobs if this happens. If this occurs, it won’t be based on pettiness or pique. The business owner has reached a point in his life where he doesn’t want to work for less money or a marginal amount of additional money. Of course, I doubt his employees agree with this perspective but ultimately it’s the business owner’s decision when he reaches the point where the effort isn’t worth the return. This anecdote illustrates yesterday’s Chicago Boyz post on why the wealthy tolerate socialism: “The ...

Why the Really Rich Love Socialists
The New Editor — Shannon Love: Our own history shows that the very wealthy benefit from leftist policies of high tax rates, “targeted” taxation and industrial policy. The ugly truth is that the really wealthy can manipulate the political system to their own ends better than ordinary people. They can lobby for specific tax breaks that only they can take advantage of. They can get government trade protection for their companies. They can get bailouts. If all else fails, the truly wealthy can simply relocate their wealth into whatever area the government policies du ...