Archives for January, 2009

The Costs of Pennies and Nickels


You may have heard by now that it costs more than a penny to produce a penny. It’s true. It also costs more than a nickel to produce a nickel. 2005 was the last year that the U.S. Mint turned a profit on either the penny or the nickel. The Mint recently released its 2008 [...]

Replacing Aging Home Computers


I’ve been in the market for about a month to replace my 6+ year old Pentium 4 2.0 GHz computer with something that can open iTunes in less than 10 seconds. About a year ago I added a dedicated computer for my wife in our office for her to work on schoolwork (we previously shared [...]

Congratulations to President Obama


Today I offer my sincere congratulations and respect to President Obama. I did not support his candidacy for president, but I will support him as president. However, just as I did with President Bush, I plan to criticize President Obama every time he trades our liberty for security or the prosperity of those who [...]

The Burden of Proof in Taxation


I consistently read Paul Krugman’s column in the New York Times. Each week I am astounded that such an educated and accomplished economist can actually believe the things he professes. Mr. Krugman endorses Keynesian economic principles, namely that of huge government deficit spending. I am not putting words in his mouth when I say that [...]