What would Friedman do?

Exactly what the Fed is doing according to this WSJ article.

I have argued a number of times over at Ace of Spades (and a couple other places) that Bernanke is following the course of action that Friedman advocated (which Hayek later endorsed btw)  in “Monetary History” and that by following the measures advocated by Rush Limbaugh, Glenn Beck et. al. we are dooming ourselves to a repeat of Japan’s lost decade. 

This isn’t an endorsement of unrestrained government spending by any means however.  As I noted previously Japanese economists tend to think that a program like that (i.e. the stimulus) is a colossal waste.  What I am saying is that experience has shown that some intervention by the Fed can help lead to an economic recovery.

So how many kids do you think are actually trying to apply to this college?

Blue Mountain State Admissions - Im a BMer! - Watch more Funny Videos

Speaking of college admissions (kind of):

I went and saw "Waiting for Superman" yesterday. If you haven't seen this movie you really need to grab a liberal friend and go see it. I admit that there is some of the usual liberal B.S., that should be expected, the director is the same guy who did "An Inconvenient Truth", but after a slow first 15 minutes it turns into one of the most devastating critiques of the education unions I have ever seen. And, amazingly enough, the film actually refers to the Democratic party as "a wholly owned subsidiary of the teacher's unions".

The one area I think most conservatives will have some issues is an advocacy of national standards and national funding, but the advocacy isn't particulary strong.

I hope when it comes out on DVD the producer includes some follow-ups on what has happened with the main characters.