Already there’s confusion over what the 90 percent bonus tax bill passed by the House really means. Targeted at the AIG bonuses, which sparked bi-partisan demagogism, the bill would really apply to all firms that received more than $5 billion from the Troubled Asset Relief Program (TARP). Here’s what the text of the bill states:

· (1) IN GENERAL- The term `TARP bonus’ means, with respect to any individual for any taxable year, the lesser of–

(A) the aggregate disqualified bonus payments received from covered…

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Our friends at the Ayn Rand Center for Individual Rights are hosting what promises to be a fascinating public lecture on the state of the U.S. economy and what it means for the future of capitalism. Former CEO and current Board Chairman of BB&T bank, John Allison, will explain the interventionist government policies that brought us where we are today and their anti-capitalist underpinnings.

Location and Details:

The Financial Crisis: Causes and Possible Cures
Thursday, January 29, 2009

National Building Museum—Great Hall
401 F Street NW
Washington,…

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Cord,

I couldn’t agree more with your points about Gary Gygax. I think it’s also worth noting that the game he created Dungeons and Dragons–in its original form–has a strong, libertarian, almost Randian, theme. Although the game can now be played in any number of settings, the original “world” that Gygax created, Greyhawk encourages players to take the role of rugged individualists, fight the corrupt mages who rule the land, go forth to slay monsters, and gather lots of treasure for themselves. Of…

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