Discuss amongst yourselves

I wouldn’t exactly call it economically sophisticated, but last night’s SNL skit on Obama trying to sweet talk the Chinese was much better and harder-hitting than I’d ever imagined NBC would permit:

http://widgets.nbc.com/o/4727a250e66f9723/4b09d618fdff6581/4b09b42b469185a5/d5156c50/-cpid/d71db494133f3a25

VPFL Week 10

102 Burns Redbeards (3-7)
39 Valders Valkyries (4-6)

72 Judean Front (8-2)
63 Masonville Marauders (5-5)

91 Winston Reverends (5-5)
72 Black Mouth Curs (4-6)

75 Bane Silvers (5-5)
61 Alamo City Spartans (7-3)

52 Greenfield Grizzlies (4-6)
42 Mounds View Meerkats (5-5)

The Meerkats are struggling with the collapse of the NYG defense, so I traded Greg Jennings to Greenfield for Steve Slayton and Larry Johnson. Yes, it’s a desperation move. The big mistake of the season so far? Picking up Mario Manningham when his fellow Giant Steve Smith was available. That one blunder cost me two games so far. Here’s hoping Burns exhausted its point potential for the year last week, and that the Vikes simply put in a solid, workmanlike performance, don’t get anyone hurt, and put the Seahawks away by the end of the third quarter.

VP-AFL

126.25 South Plains Storm (4-6)
112.00 Supernaut’s Jihad (4-6)

93.45 Hetero Frito Pie (5-5)
66.20 Lambs (2-8)

107.15 Lesbian Dorito Night (8-2)
75.15 COS Paper Tigers (3-7)

127.65 Cranberry Bogs (5-5)
79.00 The Thunder (6-4)

106.15 Brave Sir Robins (7-3)
72.85 Village Valkyries (6-4)

The cost of centralization

Daniel Hannan explains:

According to the Commissioner for Enterprise, Gunther Verheugen, the benefits of the single market are worth around 180 billion euros a year, while the cost of complying with Brussels rules is 600 billion euros. In other words, by its own admission, the EU costs more than it’s worth.

Keep that in mind the next time someone tries to pitch you on an “economies of scale” argument for centralizing power. If it involves bureaucracies rather than economic activity, you can rest assured that the costs of the centralization will run 3x the purported savings.