Michael B. Duff

"54% Agree That U.S. Is Nation with Liberty & Justice for All." What is remarkable is that 34% disagree, while 11% can't make up their minds. Moreover, only 45% of Democrats believe that the United States is a land of liberty and justice for all."

Keynes to Roosevelt, 1933: "The other set of fallacies, of which I fear the influence, arises out of a crude economic doctrine commonly known as the Quantity Theory of Money. Rising output and rising incomes will suffer a set-back sooner or later if the quantity of money is rigidly fixed. Some people seem to infer from this that output and income can be raised by increasing the quantity of money. But this is like trying to get fat by buying a larger belt. In the United States to-day your belt is plenty big enough for your belly. It is a most misleading thing to stress the quantity of money, which is only a limiting factor, rather than the volume of expenditure, which is the operative factor."

“The mainstream of academic research in macroeconomics puts theoretical coherence and elegance first, and investigating the data second,” says Mr. Rogoff. For that reason, he says, much of the profession’s celebrated work “was not terribly useful in either predicting the financial crisis, or in assessing how it would it play out once it happened.”

Tibetans live at altitudes of 13,000 feet, breathing air that has 40 percent less oxygen than is available at sea level, yet suffer very little mountain sickness. The reason, according to a team of biologists in China, is human evolution, in what may be the most recent and fastest instance detected so far.

Ralph Hinkley fights Neo-Nazis with alien-gifted superpowers. Happy 4th of July!

"We once had peace here, but now there is no tranquility. They are trying to destabilize the government," Larranaga said. "Things are not the same. You are afraid to go out into the streets, but life must go on."

DEA officials said the diesel-electric submarine was built in a remote Ecuadorean jungle and captured near a river close to the Colombian border. Ecuadorean authorities seized the sub before it could make its maiden voyage.

I know this is just my knee-jerk libertarianism at work, but does anyone else see the contradiction inherent in the URL fatherhood.gov?

Our own Jon Bershad was a fan of this one recently, which features “George Washington gunning his Dodge Challenger towards a bunch of Red Coats as they cower in terror.

July 4th QOTD: "I'm in America. There's a strange atmosphere and no one will obey my commands or pay the taxes I levy. I shall inform Her Majesty."

"Her evil is shiny, hard and cheap, like something she bought at Forever 21."