Micheal Pento: Interest Rates On The Launch Pad

The bottom line is that a massive increase in the supply of debt coupled with a rising rate of inflation will always place upward pressure on interest rates.  
A few months ago, the chorus sung by the recovery cheerleaders reached a crescendo when expanding consumer credit statistics and surging US trade deficits provided them with "evidence" of an economic rebound. In declaring victory, they overlooked ... MORE

VIDEO: Thomas Sowell - Something For Nothing

Victor Davis Hanson: Energy Fantasyland

Gas is well over $4 a gallon in most places in California -- and soaring elsewhere as well. But are such high energy prices good or bad? That should be a stupid question. Yet it is not when the Obama administration has stopped new domestic offshore oil exploration in many American waters, curbed oil leases in the West, and keeps oil-rich areas of Alaska exempt from drilling. Last week, President Obama went to ... MORE

Ben Stein: We Have An Illegal War

What will tomorrow bring from this third-rate crowd?
Okay, kids. Now, let's see where we are today in the wacky, mad, wonderful world of Barack Obama and Hillary Clinton playing at war and diplomacy. When we last looked in, Hill and Barack had just junked the U.S. Constitution and gone to war at the order -- not of Congress but of the United Nations Security Council... But look.  ....  MORE

John Stossel: End Corporate Welfare

Stop giving handouts to big business.
In America today, the biggest recipients of handouts are not poor people. They're corporations. General Electric CEO Jeffrey R. Immelt is super-close to President Obama. The president named Immelt chairman of his Council on Jobs and Competitiveness. Before that, Immelt was on Obama's Economic Recovery Advisory ...  MORE

VIDEO: Small Business Owner Fears Obamacare

Walter E Williams: Economic Lunacy

Economic lunacy abounds, and often the most learned, including Nobel Laureates, are its primary victims. The most recent example of economic lunacy is found in a Huffington Post article titled "The Silver Lining of Japan's Quake" written by Nathan Gardels, editor of New Perspectives Quarterly, who has also written articles for The Wall Street Journal, Los Angeles Times, New York Times and ...   MORE

VIDEO: Robert P Murphy - Public vs Private

Jacob Sullum: Obama's War Of Choice

The dangerously open-ended rationale for attacking Libya.
In December 2007 The Boston Globe asked 12 presidential candidates about military action aimed at stopping Iran from building nuclear weapons. "In what circumstances, if any," the Globe asked, "would the president have constitutional authority to bomb Iran without seeking a use-of-force authorization from Congress?"...  MORE

Thomas Sowell: Random Thoughts On The Passing Scene

They say that records are made to be broken. President George W. Bush set a record by adding $3.2 trillion to the national debt over the course of his eight years in office. But Barack Obama has already beaten that record with $4.4 trillion in just his first three years in office. People who thoughtlessly give money to panhandlers on the street seem not to realize that this is making installment payments on the degeneration of America. ...  MORE

VIDEO: Big Government Slammed Down Our Throats

Why Some States Want To Cut The Cigarette Tax

Bucking a national trend of raising cigarette taxes, New Hampshire, New Jersey and Rhode Island have considered reducing theirs, hoping to draw smokers from other states and increase revenue. Supporters argue reducing the tax by a dime would make New Hampshire more competitive with Maine, Vermont and Massachusetts, while opponents say that even if the state experienced higher sales as a result it still would ... MORE

VIDEO: Walter E Williams - Davis Bacon Sellout


Why Black Congressmen pit themselves against low-skilled workers.

Andrew Romano: How Dumb Are We?

America's ignorance could pose huge problems.
They’re the sort of scores that drive high-school history teachers to drink. When NEWSWEEK recently asked 1,000 U.S. citizens to take America’s official citizenship test, 29 percent couldn’t name the vice president. Seventy-three percent couldn’t correctly say why we fought the Cold War. Forty-four percent were unable to define the rights ...  MORE

Robert P Murphy: Why Unemployment Is So High

Everyone knows that the unemployment situation is very bad, but the official figures (not surprisingly) understate the problem. In this article I'll outline the severity of the stalled labor market, and explain some of the major causes. According to the Bureau of Labor Statistics (BLS), the official civilian unemployment rate in February was 8.9 percent. However, this figure (called U-3) is very misleading in the present ...  MORE