The irony is more than I can stand. You must read this.

http://online.wsj.com/article/SB10001424127887324669104578203613386495482.html?mod=WSJ_Opinion_AboveLEFTTop


I got the first $50 bucks for his legal defense fund.

This is exactly why the gun nuts will correctly fight new gun control measures.

E. J. Dionne does us all the favor of coming right out and saying that banning assault rifles is the objective. Thus his mention of Australia. That is what they did in the 1990s. We owe him for his honesty. But note the picture of the Australian buy back program below. See your assault weapon/rifle there? Sure you do. It is your shot gun you use to go duck hunting.

Nobody needs an AR-15 or a 30 shot clip. But depending on how you define functionality, you might be talking about my hunting shot gun......."I'm not talking about your hunting guns"....oh yes you are. And that is a huge mistake.



http://www.washingtonpost.com/opinions/ej-dionne-jr-will-we-forget-newtowns-kids/2012/12/19/c1384f52-4a13-11e2-ad54-580638ede391_story.html

Merry Christmas to all. A modern nativity story.

http://www.flixxy.com/digital-christmas-story.htm

Nominal GDP targeting in a nut shell.

http://www.project-syndicate.org/commentary/monetary-policy-should-target-nominal-gdp-growth-by-jeffrey-frankel

This is surreal.

http://gregmankiw.blogspot.com/2012/12/the-poverty-trap-in-france.html

Hmmmm...this is an interesting connection of the dots.

http://online.wsj.com/article/SB10001424127887324001104578161501124560508.html?mod=WSJ_Opinion_AboveLEFTTop

Duck and cover in LA.

http://online.wsj.com/article/SB10001424127887323981504578175210970899962.html#mod=djemEditorialPage_t

Who said dat?

"Our true choice is not between tax reduction, on the one hand, and the avoidance of large federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our [needs] keep rising, an economy hampered by restrictive tax rates will never produce enough revenues to balance our budget—just as it will never produce enough jobs or enough profits."

We need more cowbell.

http://online.wsj.com/article/SB10001424127887323981504578175693687046384.html?mod=WSJ_Opinion_LEADTop

Don't like French taxes? Move 4 furlongs into Belgium.

http://online.wsj.com/article/SB10001424127887324024004578172970654005206.html?mod=WSJ_Opinion_AboveLEFTTop

Look at the map....it is hilarious the way the French (and Californians, New Yorkers, et al.) think.

http://en.wikipedia.org/wiki/Estaimpuis

2001 versus 2010...Note: too much bread, wine and cheese makes you a fat bastard.

Very interesting.

http://www.econbrowser.com/archives/2012/12/trillion_dollar.html

Everything is in the cross hairs.

http://www.entrepreneur.com/article/222953?cam=Partners&ctp=Taboola&cdn=Video#

Desperate times require desperate measures...I guess.

http://www.foxnews.com/world/2012/10/18/brothels-sponsorship-rescues-cash-strapped-greek-soccer-team/

Wisdom from today's yutes (as my cousin Vinnie would say).

An Elementary School Teacher had twenty-six students in her class. She presented each child in her classroom the 1st half of a well-known proverb and asked them to come up with the remainder of the proverb. It's hard to believe these were actually done by first graders. Their insight may surprise you. While reading, keep in mind that these are first-graders, 6-year-olds, because the last one is a classic! 1. Don't change horses until they stop running. 2. Strike while the bug is close. 3. It's always darkest before Daylight Saving Time. 4. Never underestimate the power of termites. 5. You can lead a horse to water but how? 6. Don't bite the hand that looks dirty. 7. No news is impossible. 8. A miss is as good as a Mr. 9. You can't teach an old dog new math. 10. If you lie down with dogs, you'll stink in the morning. 11. Love all, trust me. 12. The pen is mightier than the pigs. 13. An idle mind is the best way to relax. 14. Where there's smoke there's pollution. 15. Happy the bride who gets all the presents. 16. A penny saved is not much. 17. Two's company, three's the Musketeers. 18. Don't put off till tomorrow what you put on to go to bed. 19. Laugh and the whole world laughs with you, cry and you have to blow your nose. 20. There are none so blind as Stevie Wonder. 21. Children should be seen and not spanked or grounded. 22. If at first you don't succeed get new batteries. 23. You get out of something only what you see in the picture on the box. 24. When the blind lead the blind get out of the way. 25. A bird in the hand is going to poop on you. And the WINNER and last one! 26. Better late than pregnant.

The local newspaper is not happy with ECU's decision to raise tuition again. Jesus knocks for tuition contributions.

http://www.reflector.com/opinion/editorials/escalating-tuition-threatens-harm-ecu-future-1481403

Today's tax evidence.

http://johnhcochrane.blogspot.com/2012/11/experimental-evidence-on-effect-of-taxes.html?utm_source=feedburner

Panic in Detroit! Illinois is next.

http://online.wsj.com/article/SB10001424127887323852904578129262547384972.html#mod=djemEditorialPage_t

Fun with Commies.

http://thelede.blogs.nytimes.com/2012/11/27/something-missing-in-chinese-newspapers-entirely-accurate-summary-of-onion-report/?hp

Print this and put it on your refrigerator with a magnet.

http://online.wsj.com/article/SB10001424127887323330604578145182587079970.html?mod=WSJ_Opinion_LEADTop

What tribe you from?

http://online.wsj.com/article/SB10001424127887324205404578147360260072602.html?mod=djemEditorialPage_t

Hey I'm still alive and kickin!

"randall randy parker died november"

The above is what someone Google searched and wound up on my BLOG.

The reports of my untimely demise are greatly exaggerated.

Long live France. Socialism failed what should we do? Try it again!

http://online.wsj.com/article/SB10001424127887323830404578143522914156196.html?mod=WSJ_Opinion_AboveLEFTTop

This has been true for decades and decades ... and nothing is done.

http://johnhcochrane.blogspot.com/2012/11/taxes-and-cliffs.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheGrumpyEconomist+%28The+Grumpy+Economist%29

What are the tax law changes for next year? Here they are.

Thanks to ECU Economics Hall of Fame graduate Greg Sisk who put this together and permitted publication.




www.funnyeconomist.com/TaxLawChanges.ppt

91% marginal tax rate? Krugman loses it. The ASPCA is coming to take you away you mangie mutt.

http://seekingalpha.com/article/1020171-president-kennedy-responds-to-paul-krugman

Could it be? I am right in what I have been saying? He forgot to add the burden of paying for entitlement spending.

http://blogs.wsj.com/economics/2012/11/20/gloomy-ben-bernanke-says-great-recession-reduced-u-s-potential-growth-rate/

My God.

Do these come in Black?

Euro yes or Euro no? This is what it comes down to. Nazis at the gate.

http://www.project-syndicate.org/commentary/the-political-risk-to-the-euro-by-barry-eichengreen

I'm IN!

http://gregmankiw.blogspot.com/2012/11/how-to-raise-tax-revenue-from-rich.html

GOP: Get a grip.

http://online.wsj.com/article/SB10001424127887324894104578114791679213644.html

If they can jail seismologists for failing to predict earthquakes, why not economists for missing recessions?

http://www.pbs.org/newshour/rundown/2012/10/seismologists-convicted-of-manslaughter-for-failing-to-predict-earthquake.html

Hee hee.

In parochial school, students are taught that lying is a sin. However, they are also advised that using a bit of
imagination is okay to express the truth differently, without lying. Below is a perfect example of those teachings:

An attractive young woman on a flight from Ireland asked the Priest beside her, "Father, may I ask a favor?"

"Of course child. What may I do for you?"

"Well, I bought my mother an expensive hair dryer for her birthday. It is unopened but well over the Customs
limits and I'm afraid they'll confiscate it. Is there any way you could carry it through customs for me? Hide it
under your Robes perhaps?"

"I would love to help you, dear, but I must warn you, I will not lie."

"With your honest face, Father, no one will question you."

When they got to Customs, she let the priest go first. The official asked, "Father, do you have anything to declare?"

"From the top of my head down to my waist I have nothing to declare."

The official thought this answer strange, so asked, "And what do you have to declare from your waist to the floor?"

"I have a marvelous instrument designed to be used on a woman, but which is, to date, unused."

Roaring with laughter, the official said,"Go ahead, Father. Next please!"

Unreal.

A Society that trades freedom for equality will have neither.

Expect nothing and you will never be disappointed.

http://johnhcochrane.blogspot.com/2012/11/predictions.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheGrumpyEconomist+%28The+Grumpy+Economist%29

The American People voted for European welfare state. Say Hi to Thelma and Louise.

A different and perhaps better way to view the labor market.

http://money.cnn.com/2012/10/18/news/economy/other-unemployment-rate/index.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_latest+%28Latest+News%29

All in for the lost decade. Congrats to the President.

Look to France for your future because the road map could not be clearer. Have a nice day. 

Don't forget to vote today.

This is another of the many reasons why I love dogs.

Think non-recourse loans are no risk on the downside? Think again. Read the abstract of this article. Bubbles kill.

http://www.frbsf.org/publications/economics/letter/2012/el2012-32.html?utm_source=mailchimp&utm_medium=email&utm_campaign=economic-letter-2012-10-29

God I miss him.....

Bad, bad, bad.

http://johnbtaylorsblog.blogspot.com/2012/10/disappointing-labor-markets-in-nation.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+blogspot%2Fwlwfc+%28Economics+One%29

The Fed by flow chart....

http://www.ritholtz.com/blog/2012/10/guide-to-fed-reserve/

Anyone who would loan Argentina money gets what they deserve.

http://ftalphaville.ft.com/2012/10/04/1191141/some-hedge-fund-managers-walk-onto-an-argentinian-navy-ship/

Ask economists...learn nothing.

http://www.economist.com/blogs/freeexchange/2012/10/polling-experts?fsrc=gn_ep

Changing government..."One big insurance company with a military."

http://conversableeconomist.blogspot.com/2012/08/entitlements-public-investment-and.html

I think this is what Paul Krugman has called the federal government. Read the above short piece and there should be no doubt left in your mind about what we are deal with and what our future holds.

Stop fighting and love Big Brother.

"The trick is to stop thinking of it as "your" money." —IRS auditor

Viva Le France!

http://money.cnn.com/2012/10/21/technology/google-french-links/index.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_latest+%28Latest+News%29

If you are smart you will print and read this paper.

http://www.nber.org/papers/w18397.pdf?new_window=1

The world oil market and you.

http://www.econbrowser.com/archives/2012/10/reducing_oil_im.html

The smartest woman in the world.

http://online.wsj.com/article/SB10000872396390443684104578067041987322754.html?mod=djemEditorialPage_t

Fun with wedding cake.

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