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Wednesday, August 26, 2015
Point and Shoot (2014)
Tuesday, August 25, 2015
Debt is Good
The Richardson City Council voted to hold an election in November to issue new bonds totaling $115 million. The four propositions residents will vote on:
I haven't studied the details, but the numbers seem to be in the right ballpark for my support. Should the total be a little more...or less? Perhaps. The total seems to be of a size that doesn't require a tax increase. That's important to many. Should buildings get less money and streets get more? Perhaps, if the money for streets goes not to building more streets but goes instead to filling potholes and reconfiguring existing streets to improve walkability. That's important to me. I'll have my ears open for discussions along these lines, but I expect that I'll support all four bond propositions regardless whether the numbers are exactly what I would have come up with myself.
There are some people who don't just want to fiddle with the numbers. They want to cut the numbers to zero. For them, debt is evil, or at least bad. This attitude provides us with another opportunity to challenge conventional wisdom. Public debt isn't evil. It's not even bad. In fact, debt is good.
- Public Buildings - $67,000,000
- Streets - $38,570,000
- Parks - $7,230,000
- Sidewalks - $2,200,000
I haven't studied the details, but the numbers seem to be in the right ballpark for my support. Should the total be a little more...or less? Perhaps. The total seems to be of a size that doesn't require a tax increase. That's important to many. Should buildings get less money and streets get more? Perhaps, if the money for streets goes not to building more streets but goes instead to filling potholes and reconfiguring existing streets to improve walkability. That's important to me. I'll have my ears open for discussions along these lines, but I expect that I'll support all four bond propositions regardless whether the numbers are exactly what I would have come up with myself.
There are some people who don't just want to fiddle with the numbers. They want to cut the numbers to zero. For them, debt is evil, or at least bad. This attitude provides us with another opportunity to challenge conventional wisdom. Public debt isn't evil. It's not even bad. In fact, debt is good.
Monday, August 24, 2015
POTD: Ben Thành Market
From 2015 03 21 Saigon |
Friday, August 21, 2015
POTD: Opéra de Saigon
From 2015 03 21 Saigon |
Thursday, August 20, 2015
Gone Girl (2014)
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Wednesday, August 19, 2015
POTD: Louis Vuitton in Ho Chi Minh City
From 2015 03 21 Saigon |
Tuesday, August 18, 2015
Antarctica: A Year on Ice (2014)
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Monday, August 17, 2015
Review: The Reluctant Fundamentalist
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Amazon |
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Come, tell me, what were you looking for? Surely, at this time of day, only one thing could have brought you to the district of Old Anarkali -- named, as you may be aware, after a courtesan immured for loving a prince -- and that is the quest for the perfect cup of tea. Have I guessed correctly?"
So begins a conversation between a young, bearded Pakistani and an unidentified, nervous American at a cafe in Lahore. After the jump, my review.
Friday, August 14, 2015
POTD: Check out the Rolls
From 2015 03 21 Saigon |
This isn't your father's Vietnam. It's hard to tell that the US didn't win the war. South Vietnam may have fallen, but the dominoes didn't. Look around Saigon today. Western culture is pervasive, not Russian or Chinese. Free market reforms are everywhere.
Thursday, August 13, 2015
What Happened, Miss Simone? (2015)
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