Wednesday, November 07, 2012

Show notes 11/04/2012

Uncooperative Radio Show Notes: Sunday 11/04/12

Devastated Rockaways residents lash out at Bloomberg during unannounced visit
Storm-ravaged and weary Rockaways residents cornered Mayor Bloomberg yesterday to angrily demand more aid for their devastated neighborhood. “When are we gonna get some help?” blasted one desperate woman, who had to be held back by the mayor’s security detail as Bloomberg stood by with a deer-in-the-headlights look.

Animal House: power your home with pets
How much electricity does it take to run your home for a year? The answer depends on a number of different things. Mostly it comes down to how many appliances and gadgets are sapping juice from your electrical sockets.

Liberal Senator Bullies Company For Blaming Price Hike on His Legislation; WashPost Runs Story with Pro-Senator Slant on A13
Parkmobile, a company that runs an app by which smartphone users can pay for on-street metered parking, recently found itself bullied by a powerful liberal Democratic senator, simply for exercising its freedom of speech. The company found itself on the receiving end of Sen. Dick Durbin's wrath for having sent an email to its users in which it chalked up an increase in its transaction fees to "increased costs triggered by recent federal legislative reform enacted by the Dodd-Frank Wall Street Reform and Consumer Protection Act's Durbin Amendment."

The Broken-Window Fallacy
Free-market economists have triumphantly cited the broken-window fallacy whenever someone opines that a destructive act, whether a natural disaster or man-made catastrophe, is paradoxically "good for the economy." The reference is to a classic lesson given by the economist Frédéric Bastiat in 1850.