Friday, September 30, 2011

John Stossel: Governments Don't Create Prosperity

The truth about economic growth. Politicians say they create jobs, but they really don't. Or rather, they rarely create productive jobs. Government has no money of its own. All it does is take resources from one group and give them to another. The pharaohs might have claimed they created work when they ordered that pyramids be built, but think how much richer (and freer) ... MORE

VIDEO: Walter E Williams - Self-Ownership Or Socialism

CNN Poll: 15% Still Trust Government To Do Right Thing

What are they thinking? The public's trust in the federal government has dropped to an all-time low, according to a new national survey. A CNN/ORC International Poll released Wednesday morning indicates that only 15 percent of Americans say they trust the government in Washington to do what's right just about always or most of the time. Last September that figure was at ... MORE

Chris Banescu: Coddling Misinformation About Taxation

Top 10% pay 70% of all taxes. Warren Buffett and President Obama claim that the rich do not pay enough taxes. They both accuse the American tax code of being unfair and coddling the rich. Both have been pushing the same class warfare narrative for years, using current U.S. capital gains and dividends taxation rates as evidence for their big-government  ... MORE

Thursday, September 29, 2011

Thomas Sowell: Politics Vs Economics

The focus is on the next election, not the next generation. They say "all politics is local." But economic decisions impact the whole economy and reverberate internationally. That is why politicians' meddling with the economy creates so many disasters. The time horizon of politics seldom reaches beyond the next election. But, in economics, when an oil ... MORE

VIDEO: Andrew Napolitano - The Right To Be Left Alone

America is quickly devolving into a nation of sheep.

Matthew Daly: Obama Admin Approves $1B in Solar Loans

It worked so well with Solyndra.  The Energy Department on Wednesday approved two loan guarantees worth more than $1 billion for solar energy projects in Nevada and Arizona, two days before the expiration date of a program that has become a rallying cry for Republican critics of the Obama administration's green energy program. Energy Secretary Steven Chu ... MORE

C. Edmund Wright: Herman Cain Swims With The Sharks

Raising Cain within the GOP. With apologies to headline writers, the shock of Herman Cain routing the field in the Florida Straw poll and scoring first in the latest Zogby poll simply eludes me. If this result -- which is no doubt tied to the mixed performances during the last debate -- moves him into or near the top tier, I will not be shocked about that, either.            ... MORE

Wednesday, September 28, 2011

Gene Healy: Abolish The Department Of Homeland Security

Wastes dollars, threatens civil liberties. Two years ago this month, the federal government broke ground on what was supposed to be a massive new headquarters for the Department of Homeland Security. Situated on the St. Elizabeths Hospital campus in Southeast Washington, the $3.4 billion project was designed to bring together some 15,000 employees of our newest  ... MORE

VIDEO: Economics On One Foot

Solyndra's Creditors Include California Democratic Party

The stench of money laundering. Among the roughly 5,000 creditors named by Solyndra, a bankrupt solar energy company that is under investigation for losing a half billion dollars in federal loans, is the California Democratic Party, which says it doesn't know why. The bankruptcy filing doesn't say why the organization is listed as one of the creditors or ... MORE

The Entitlement State Is Morally Bankrupt

by Yaron Brook and Don Watson. After Rick Perry called Social Security a Ponzi scheme, pundits everywhere smugly assured the world that Perry is crazy because, after all, the government can never really go bankrupt: it can always print money to pay its debts. Of course, that’s hardly a comfort to those who know what hyperinflation can do to an economy. In any case ... MORE

Tuesday, September 27, 2011

Ron Paul: Individual Mandates Make Matters Worse

More corporatism or socialism is not the answer. Today's messed up medical system is a result of 40 years of government interference in the process. Regulations, inflation, tax laws, federal mandates to provide care through corporate-run HMOs, interference in providing insurance, massive subsidies and licensing have all played a negative role in the delivery ... MORE

VIDEO: William F Buckley Jr - Drug Legalization

Walter E Williams: The Financial Mess In U.S. and Europe

Time to wean the people off government. What's the common thread between Europe's financial mess, particularly among the PIIGS (Portugal, Ireland, Italy, Greece and Spain), and the financial mess in the U.S.? That question could be more easily answered if we asked instead: What's necessary to cure the financial mess in Europe and the U.S.? If European governments and ... MORE

Gallup: Negativity Towards Government At All-Time High

An immediate threat to freedoms of ordinary citizens. Americans’ views of their government’s job performance have reached a critical level of negativity. The Gallup poll found a record-high 81 percent of Americans are dissatisfied with the way the United States is being governed. The poll showed majorities of both Republicans (92 percent) and Democrats ... MORE

Monday, September 26, 2011

John Stossel: Exciting Schools

Our kids deserve a free market in education. School spending has doubled over the past 30 years. Yet what do we get? More buildings and more assistant principals—but student learning? No improvement. If you graph the numbers, the spending line slopes steeply, while the lines for reading, math, and science scores are as flat as a dead man's EKG. Why no  ... MORE

VIDEO: John Stossel - Campus Speech Codes

Political correctness vs open speech and academic inquiry.

Energy Independence For America Is Here!

New boom reshapes oil world, rocks North Dakota. A couple months ago, Jake Featheringill and his wife got robbed. It wasn't serious. No one was home at the time, and no one got hurt. But for Featheringill, it was just the latest in a string of bad luck. "We made a decision," he says. "We decided to pick up and move in about three days. Packed all our stuff ... MORE

Gary Horne: How About No Taxes At All?

The unlimited power to tax. Recent debates about who pays taxes and how much miss the point. Instead, people should be asking why the current system allows unlimited power to tax, restricted only by the "wisdom" of Congress. The taxing power of the federal government was debated prior to ratification of the Constitution. The Pennsylvania minority, who ... MORE