Archive for category: Economics

After All, It’s Not Their Money

01 Sep
September 1, 2017

Across the bay, the city of St. Petersburg wants to force homeowners to add solar panels anytime they put on a new roof.

http://reason.com/blog/2017/08/31/st-petersburg-wants-to-force-you-to-put

They might make an exception for existing homes, but any new buildings, the city council at wants panels. And the homeowner or building owner gets to foot the bill. For another $10K. That’s about three times what I paid to put a new roof on my house last year. It’s about double what my mom paid for her roof.

All the council wants to focus on is all the energy they think this will generate. They refuse to think about:

  1. Solar isn’t as efficient as they expect.

  2. The cost to upgrade the grid to handle all that new energy generation.

  3. It will slow down development in St. Pete due to rising costs.

  4. People will have to take on more debt to do roof replacements. This will most likely lead to an uptick in foreclosures because some people will be unable to pay.

  5. Those who have to save up the cash will forgo necessary roof replacements, which will lead to even more problems, and more drains on people’s limited resources.

Of course, it’s not their money. So why should they give a damn if their brilliant idea hurts people.

Friday Quote – 4/15/16

15 Apr
April 15, 2016

“The collection of taxes which are not absolutely required, which do not beyond a reasonable doubt contribute to the public welfare, is only a species of legalized larceny.”

Calvin Coolidge, President of the United States 

Friday Quote- 3/25/16

25 Mar
March 25, 2016

“It’s not an endlessly expanding list of rights – the ‘right’ to education, the ‘right’ to healthcare, the ‘right’ to food and housing. That’s not freedom. That’s dependency. Those aren’t rights, those are the rations of slavery – hay and barn for human cattle.”

P.J. O’Rourke

Uber Delivering Flu Shots

18 Nov
November 18, 2015

As if I didn’t love this company already for its shattering of taxi cartels, they are now going to be delivering flu shots on November 19.

Customers who normally use the Uber smartphone app to call for a ride will be able to request a flu shot — and a nurse in an Uber car will show up at their home or office in about three dozen cities across the country.

The charge is $10, but the nurse can give up to 10 flu shots at each location for no additional charge. So work colleagues can split the cost among themselves.

Unfortunately, it’s only one day, but I hope this is an annual program by Uber.

Friday Quote – 11/13/15

13 Nov
November 13, 2015

The most important central fact about a free market is that no exchange takes place unless both parties benefit.

Milton Friedman

Friday Quote – 6/19/15

19 Jun
June 19, 2015

Givers need to set limits because takers rarely do.

Rachael Wolchin

Colt Defense Files for Chapter 11 Bankruptcy 

15 Jun
June 15, 2015

Colt Defense, LLC, has filed for Chapter 11 bankruptcy.

I’ll let more experienced minds talk about the ramifications and causes. What I will say is that this isn’t the gut punch for me than some of the other gunnies.

I came into guns well after Colt had decided that it was better for the bottom line to feed at the government trough. I never felt the need to own a gun just because it had the prancing pony. By the time I came into guns, there were dozens of companies that made better products. 

Do I respect Colt’s contributions to firearms technology? Yes, but I also respect a bunch of other now-defunct firms. 

Did they make some very pretty guns? Yes, but I’m not a collector. I’m just as happy with the pics on my iPhone.

In short, I’m kind of meh. I do hope someone strong buys the Colt name. My instincts tell me the stalking horse they have will not revitalize Colt and bring it back into the gunny world. I absolutely loved Grant Cunningham’s idea of FN purchasing Colt, but that’s pretty much a pipe dream at this point.

Friday Quote- 6/12/15

12 Jun
June 12, 2015
The fatal attraction of government is that it allows busybodies to impose decisions on others without paying any price themselves.

Thomas Sowell

Homestead Detroit – Syrian Edition

15 May
May 15, 2015

From Legal Insurrection comes a story about a Stanford professor saying we should let Syrian refugees find a home in Detroit.

Legal Insurrection may mock the idea, but why not? They can’t do any worse than the locals.

Entrepreneurial Inspiration 

14 Apr
April 14, 2015

This kind of thing reinforces my optimism:

  

Find a niche, provide a service. Capitalism at work. Brilliant young person, just brilliant.