Thomas Sowell’s Random Thoughts
23rd March 2011
Are wiser than most people’s considered opinions.
They say that records are made to be broken. President George W. Bush set a record by adding $3.2 trillion to the national debt over the course of his eight years in office. But Barack Obama has already beaten that record with $4.4 trillion in just his first three years in office.
What a guy. Go, Barry!
The vocabulary of the political left is fascinating. For example, it is considered to be “materialistic” and “greedy” to want to keep what you have earned. But it is “idealistic” to want to take away what someone else has earned and spend it for your own political benefit or to feel good about yourself.
Yeah, well, some animals are more equal than others.
When the Federal Reserve cites statistics to claim that there is not much evidence of inflation, we need to keep in mind that the statistics they rely on exclude food and energy prices. The cost of living is no sweat if you can do without electricity and food.
Sounds like a plan.
Even if it could be proved that judges who are making rulings that go counter to the written law produce better results in those particular cases than following the letter of the law would have, that does not make society better off. When laws become unreliable and judges unpredictable, lawsuits become a bonanza for charlatans, who can force honest people to settle out of court, for fear of what some judge might do.
This is the business plan of every personal injury lawyer in the United States.