Useless Idiots

Stories about people who are useless to society.

Obama Rejects Supreme Court Ruling On Obamacare

back in 2009. Forbes explains the recent ruling:  The 5-4 decision found the individual mandate at the heart of the law was a tax and therefore allowable under Congress’ constitutional power to levy taxes. Roberts joined the conservative wing in finding the law otherwise would have violated the Commerce Clause, however, by exceeding the power…

Rand Paul Damage Control

Jack Hunter claims Rand Paul “had” to endorse Romney.  Mike Adams claims Rand Paul is lying in his endorsement in an attempt to insert himself into a position of power.  An article on the Daily Paul also claims the same thing.  Dan McCarthy of the American Conservative claims this is simply retail politics that doesn’t mean anything.  Economist Robert…

Anarchist Group Plans ‘Low Level Warfare’ Against Olympics

The “anarchist” website 325.nostate recently issued a proclamation that declares a guerrilla war against Olympic organizers, “In the United Kingdom of clockwork control and domestication, we’re some of the ‘unpatriotic ones’ who find the 2012 Olympics, with the ensuing spectacle of wealth (when so many here struggle to feed themselves and their families), harmful developments and escalating police state,…

Rand Paul Endorses Mitt Romney?

“precisely the person I would want to turn around a failing business like our government.” I’m not sure what is going on here, but that wasn’t the brightest thing for him to say. Does he honestly believe a socialist like Romney is the best person to turn around our government? Is he shooting for a…

Romney Obama the Same

A great video short that compares numerous clips of Obama and Romney saying the exact same things on every issue imaginable. For a comparison, listen to Ron Paul’s response to the same issues.

Bryan Caplan’s Errors of Logic Regarding Austrian Business Cycle Theory

Caplan writes: What I deny is that the artificially stimulated investments have any tendency to become malinvestments. Supposedly, since the central bank’s inflation cannot continue indefinitely, it is eventually necessary to let interest rates rise back to the natural rate, which then reveals the underlying unprofitability of the artificially stimulated investments. The objection is simple:…