Quote of the Day
If you wish in this world to advance,your merits you're bound to enhance;
You must stir it and stump it, and
blow your own trumpet,
or trust me,
you haven't a chance.
WS Gilbert
Idiotic Foreign Leaders: Thai Prime Minister Yingluck Shinawatra
Hillary Clinton awaits her chance to argue unlike her male predecessors, women are naturally superior leaders. Now I will agree I've had my fair share of abysmal male (and female) bosses, but we are now seeing some train wrecks in the form of Argentinian President Cristina Fernández de Kirchner whom I've blasted in multiple commentaries and now the Thai prime minister.
Thailand is a leading exporter of rice; they tried to manipulate the rice market by aggressively purchasing inventory. Elementary fact of supply and demand: you increase price, and it attracts suppliers. They now own a significant percent of annual aggregate demand, and rumor has it some of the inventory is starting to spoil. The PM won political backing of rice farmers, but if the government dumped its holdings of rice, prices would drop, a political impossibility. Some estimates suggest that over 5% of the Thai budget will be consumed shoring up the failing grain bet. When will people ever learn government intervention in the market never works?
Image of the Day
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| Via Citizens Against Government Waste |
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| Via Judge Andrew Napolitano |
Ray "Chocolate City" Nagin Convicted on 20 Counts of Corruption
Yes, the same guy who let unused buses get flooded while people died unevacuated in the aftermath of Katrina and was reelected for his "leadership" becomes I believe my first nomination for this year's Jackass of the Year competition.
Facebook Corner
(Illinois Policy Institute). “Don’t expect to build up the weak by pulling down the strong.” —Calvin Coolidge
You may kill the goose laying the golden egg, but you'll be hungry a week from now...
(Reason Magazine). Here's a list of the 28 Republicans who last night voted to suspend the debt ceiling until 2015.
I hope they have their resumes updated
What employer wants to hire someone whom has pissed away 17 trillion dollars?
Said the President whom didn't believe in habeas corpus, shut down opposition newspapers, and killed more Americans than our worst external enemies.
Political Cartoon
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| Courtesy of Glenn McCoy and Townhall |
Michael W. Smith, "Place in This World"
