On the way back from taking the children to school, I saw a sports car with a license plate frame reading, "Paid for with seized drug money". That's probably true: The car had a tax-exempt license plate ( Read more... )

I've been musing about an opinion piece in Monday's Wall Street Journal, entitled "Cash From Clunkers". It's fairly short, pointing out that a lot of the "cash for clunkers" program consists of dubious wealth transfers, from taxpayers to people who might buy cars ( Read more... )