Riddle me this, Batman!

Great question this morning from former candidate for Kentucky Auditor of Public Accounts Linda Greenwell about the federal government nationalizing trainwrecks: “Wonder why they voted to force us to invest in these failing companies but forbid us to willfully invest in stable companies of our choice using our Social Security money?” Thanks Linda. These hurry-up…

Are we all socialists now?

A common refrain on editorial pages this past week has been that free-market “zealots” have been the losers in the federal interventions of AIG, Fannie Mae, Freddie Mac, and whoever is next. That’s true, but certainly not because the free market has failed. I’m stunned and saddened that we have gone so far to show…

Ponzi player pooh-poohs pension panic

Ron York is a police pay consultant who has been quoted in newspapers all over the country on public employee fringe benefits issues. So when he says governments shouldn’t pre-fund employee benefits and should instead switch to a 100% pay-as-you-go system of paying government retiree pension and healthcare benefits, people are listening. Unfortunately for us,…

Don’t tell Jack Conway about this

Kentuckians are fortunate that Hurricane Ike didn’t cause enough of a gasoline supply disruption to result in more than just a few cases of stations running out or rationing supplies. But the politicians have only been emboldened to “get tough” on petroleum suppliers because their policies didn’t lead to disaster. As soon as Attorney General…