Submitted by unsettling economics
According to the Wall Street Journal, golf courses consume enough water to supply the household needs of two-thirds of the U.S. population. Can you imagine the ruling class acting to limit its favorite “sport”? Newport, John Paul. 2008. “Play It as It Dries.” Wall Street Journal (3 May): p. W 1.
http://online.wsj.com/article/SB120976555972963663.html?mod=todays_us_weekend_journal
“Nationwide, golf-course […]

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Submitted by Econbrowser
From the Washington Post:
White House officials for more than a year have blocked a rule aimed at protecting endangered North Atlantic right whales by challenging the findings of government scientists, according to documents obtained by the Union of Concerned Scientists.

The documents, which were mailed to the environmental group by an unidentified National Oceanic […]

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Submitted by CARPE DIEM
The chart above (click to enlarge) is from a new study by the CBO, showing foreclosures by type of mortgage through QIV 2007. As the chart indicates, the real mortgage problem is pretty much contained to subprime ARMs only, which make up less than 5% of the 75 million homes in […]

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Submitted by CARPE DIEM
Profit Margins by Industry, click to enlarge
“While Hillary Clinton may have failed ECON 101 along with John McCain, it appears as if Rep. Paul Kanjorski (D-PA) may been enrolled in Marxism 450 at the time,” according to The Tax Foundation. Reason?

Exhibit A: Kanjorski’s House Resolution 5800, the “Consumer Reasonable Energy Price […]

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Submitted by CARPE DIEM
LONDON/THE SUN — Illegal immigrants are sneaking OUT of Britain because they are sick of our weather and hospitals.
Chief immigration officer Les Williams said: “We have recently noticed people trying to leave the country. Some said they wanted to go to a warmer country as they are fed up with the […]

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Submitted by CARPE DIEM
Politicians want lower gas and oil prices but don’t want more production to increase supply. They want oil “independence” but they’ve declared off limits most of the big sources of domestic oil that could replace foreign imports. They want Americans to use less oil to reduce greenhouse gases but they protest higher […]

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Submitted by CARPE DIEM
GDP per capita vs. IQ
Top 20 Countries for Average IQ

IQ by country, click on map above to enlarge (green is highest, yellow is second-highest).

Source: “IQ and The Wealth of Nations” entry on Wikipedia
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