Will He Get Tenure? . . . .

[redcliffsw]

So, who is Noah Smith? He is a young man on welfare. Rather than using food stamps -- sorry: a free food debit card -- he works for a tax-funded state university. He owes his income to people with badges and guns who go to taxpayers and announce: "You will pay this guy's salary, or you will go to jail." They pay. He prospers. For now. Maybe not for long. He does not have tenure, or as it is known to those of us not on the dole, "lifetime welfare checks in exchange for 9 hours a week of lectures, 8 months a year."

As a dutiful employee of the state of New York, he is a proponent of additional government enterprises, most notably those of the crony capitalist variety. He thinks the Export-Import Bank is just great. The Ex-Im Bank is perhaps the most representative American institutional testimony to mercantilism. It provides federal loan guarantees to large American corporations that try to export stuff that they may not be able to sell.
-Gary North

Read on:
http://www.garynorth.com/public/12636.cfm