A bank run by an Obama bundler has gotten an Republican-led House committee to exempt that bank from provisions of the Frank-Dodd act, saving the bank $300 million.

Bipartisan corruption: A bank run by an Obama fund-raiser has gotten an Republican-led House committee to exempt that bank from provisions of the Dodd-Frank act, saving the bank $300 million.

Any law that allows legislators to grant individual waivers isn’t a law at all but a form of extortion: Pay up or you won’t get your exemption. Dodd-Frank, as well as much of all the legislation passed by Congress in the past decade, should be repealed so that everyone gets the exemption.

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An economy built to stall

“An economy built to stall.”

In his first two years in office, Democrats gave Mr. Obama everything he wanted, save for cap and trade and union card-check, which would have done even more harm to job creation. They passed stimulus, ObamaCare, multiple housing bailouts, Dodd-Frank and more.

Even after Republicans took the House, they gave Mr. Obama the payroll tax holiday he demanded first for 2011 and again for 2012. Far from some new fiscal “austerity,” overall federal spending hasn’t declined. Meanwhile, the Federal Reserve has delivered monetary stimulus after stimulus—QE I, QE II, Operation Twist, and 42 months of near-zero interest rates with the promise of 30 months more.

Mr. Obama has had the freest run of policy of any President since LBJ. So maybe the problem is the policies.

Maybe Milton Friedman was right that “temporary, targeted” tax cuts don’t change the incentives to invest or hire because people aren’t stupid. Maybe each $1 of new federal spending doesn’t produce a “multiplier” of 1.5 times that in added output. Maybe the historic burst of regulation of the last three years has harmed business confidence and job creation. And maybe the uncertainty that comes from helter-skelter fiscal and monetary policy has dampened the animal spirits needed for a durable expansion.

As I said yesterday, though no president or Congress is entirely to blame for the state of the economy, they both can do great harm if they make decisions that interfere with the freedom of the market. And sadly, having the government interfere with the freedom of the market has been Obama’s mantra since the day he took office.

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Florida has decided to continue to purge its election rolls of illegal and ineligible voters, in defiance of the Obama administration’s demand that it stop.

Florida has decided to continue to purge its election rolls of illegal and ineligible voters, in defiance of the Obama administration’s demand that it stop.

The state is enforcing the law, as written on the books. Yet Eric Holder’s Justice Department somehow thinks that this is illegal. Maybe someone should teach Holder and his attorneys how to read.

In related news, Holder’s Justice Department is suing a Las Vegas casino because the casino followed the law in verifying that all its employees were legal residents of the United States.

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A government study has found that the more educated in science and math an American is the more likely they will be skeptical of the dangers of global warming.

A government study has found that the more educated in science and math an American is, the more likely they will be skeptical of the dangers of global warming.

The results of the survey are especially remarkable as it was plainly not intended to show any such thing: Rather, the researchers and trick-cyclists who carried it out were doing so from the position that the “scientific consensus” (carbon-driven global warming is ongoing and extremely dangerous) is a settled fact, and the priority is now to find some way of getting US voters to believe in the need for urgent, immediate and massive action to reduce CO2 emissions.

Having discovered that educating the public will defeat these activists in their goals, the researchers than suggest, like Paul Krugman, that maybe the U.S. government should stop trying to educate people and focus on fake propaganda instead.

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According to one professor, the government should require people to exercise in order to control their weight.

Modern intellectualism: At a Harvard conference, a scientist has proposed that the government should require people to exercise in order to control their weight.

At a “Harvard Thinks Big” confab earlier this year, evolutionary biologist Daniel Lieberman offered his own bright idea for tackling the nation’s obesity epidemic. Merely medicating it won’t do, he said, and education is well-meaning but ineffective. His answer? “Coercion. … We should start telling corporations what to do.” But not just corporations. He also advocated – “to hearty applause,” the Harvard Gazette noted – “requiring people to exercise.” [emphasis mine]

I emphasis the applause to illustrate that this tyrannical attitude is not unusual in academic circles. The modern elite community is very arrogant, and believes it has the right to tell everyone else what to do.

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