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

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

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

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

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

Jonah Goldberg: Tyranny Of The Typical

Society and government are not interchangeable terms. And now let us recall the "Fable of the Shoes." In his 1973 "LibertarianManifesto," the late Murray Rothbard argued that the biggest obstacle in the road out of serfdom was "status quo bias." In society, we're accustomed to rapid change. "New products, new life styles, new ideas are often embraced ... MORE

VIDEO: Thomas Sowell - Growth Of Government

David Harsanyi: Let's Eat The Rich

Obama's misguided economic agenda. Some wiseguys at the Economic Freedom Network just released a survey alleging that the United States has fallen from the sixth-freest economy in the world to the 10th-freest. The survey is based on four foundations of a healthy capitalist society: "personal choice, voluntary exchange coordinated by markets, freedom to enter and ... MORE

Selwyn Duke: The Case For Ending The EPA

The disposal of a toxic waste. In the Republican presidential debate last evening, some of the candidates passionately stated that the Environmental Protection Agency should be eliminated. It’s a position that sounds strange to some ears. As a respondent in a Fox News focus group said after the debate, and this is a paraphrase, “This all sounds good when you fixate on the ... MORE

Jacob Sullum: The Broken Planet Fallacy

Treating global warming as an economic blessing. When Solyndra went belly up last month, less than a year after it started making solar arrays in Fremont, California, an Energy Department spokesman insisted that the $535 million the federal government had loaned the company was well spent. "The project that we supported succeeded," he said. "The facility was ... MORE

VIDEO: Gov. Gary Johnson: Cut Spending by 43%

Why is both the mainstream media and Republican party ignoring this guy?

Richard Ralston: Feds Want You To Rat Out Your Doc

Why would the government want everyone to inform on everybody? Must the government criminalize medical care in order to control it? It looks like we are about to find out. There was a bit of an uproar recently when the U.S. Department of Health and Human Services (HHS) announced, then withdrew, a plan to hire your fellow ... MORE

Walter Block: 'Economic Warfare"

A consideration of price wars and corporate raiders. Pundits are accustomed to utilizing the language of war and strife to depict economic relationships. This is confusing, irrational and misleading. For the dismal science addresses mutual benefit, or positive-sum games. All participants gain whenever a trade, a purchase, sale, rental agreement, job, etc., gets    ... MORE

A. Barton Hinkle: Obama's Thought Police

Police states rely on citizen informants. To whatever high school intern probably came up with the idea, the White House's "Attack Watch" website and Twitter account must have seemed a spark of genius. After all, they yoked together two trendy ideas—rapid response and crowd-sourcing—in service to the president. Give people the opportunity to report false and malicious ... MORE

VIDEO: Milton Friedman - Market Failure

Market failure is bad, government failure is worse.

Five Myths About Social Security and Medicare

by Charles Blahous. The national discussion on entitlement programs is dazed and confused. The federal government’s largest two programs, Social Security and Medicare, are at the center of a vibrant national debate over our fiscal future. Each program faces a significant financial shortfall, the solution to which remains elusive. The following are five myths that have been ... MORE

Stephen C. Webster: Drug War Corruption

Drug cartels throw fundraisers for U.S. officials.  Two former law enforcement officials who worked with the Federal Bureau of Investigation (FBI) as confidential informants on probes into police corruption have come forward with allegations of drug cartel ties to top cops, judges and elected officials. Greg Gonzales, a retired sheriff's deputy, and Wesley Dutton ... MORE

Thomas Sowell: The 'Ponzi' Sound Bite

Band-Aids don't cure cancer. Many in the media and in politics have gone ballistic over the fact that Texas Governor Rick Perry called Social Security "a Ponzi scheme." Although many act shocked, shocked, as if Rick Perry had said something unthinkable, Governor Perry is not even among the first thousand people to call Social Security a Ponzi scheme. Not only conservatives ... MORE

VIDEO: The Audacity Of Liberty In NY

Ralph R. Reiland: Toll Roads To Obamaville

Your cost: about $3 million per jobless mile. "Pass this bill now," President Obama is repeatedly demanding, regarding his new American Jobs Act. There's nothing new in the legislation, just more government spending, more transfers of money from "the rich" to Obama's political allies, more spending for infrastructure enhancement so we all won't allegedly be ... MORE

Jacob Sullum: Unbanned in Phoenix

States don't have to fight war on drugs. On May 27 Arizona Gov. Jan Brewer asked a federal judge to decide whether her state’s Medical Marijuana Act, narrowly approved by voters last November, “complies with federal law” or is “preempted in whole or in part because of an irreconcilable conflict with federal law.” Oddly, Brewer expressed no preference between those ... MORE

Robert J. Mack: Watergate Times Three

White House corruption surfaces. You think Richard Nixon's presidency was the worst scandal ever? Well, so far anyway. It all started with a tape holding a door open at the Watergate complex in Washington, D. C., discovered by a security guard 39 years ago on June 17, 1972. That discovery started a sinister chapter in America's history, fueled by the fervent investigative work of ... MORE

VIDEO: Andrew Napolitano - Wealth, Taxes & Ponzi

James E. Miller: TSA And Unproductive Labor

TSA is essentially a government make-work program. Last month, I attended the 19th annual State Policy Network conference in Seattle, Washington. Although the conference was informative and enjoyable, I took home a different lesson on free-market enterprise. This was my first trip on an airplane since President Obama upped the intensity of the screening process the ... MORE

California's Effort To Shackle The 2nd Amendment

Gun control bill seeks to ban open carry. On Gov. Jerry Brown's desk is a bid to bar Californians from openly carrying firearms, legislation that could open a new front in the state's decades-old gun control debate. The measure, aimed at an increasingly popular tactic used by 2nd Amendment activists, would make California the first state since 1987 to outlaw the ... MORE

W. James Antle, III: Cafeteria Constitutionalists

Some thoughts for Constitution Day. Last week, in my inbox appeared an invitation to an event sponsored by a major Beltway liberal organization. They were putting on a talk about the dangers of the Tea Party subtitled "The conservative effort to make everything unconstitutional." In selling the shindig, my would-be hosts trotted out all the golden oldies made famous in ... MORE

VIDEO: Peter Schiff On The Future Of The U.S. Economy

John Stosell: Ponzi! Ponzi! Ponzi!

A vote buying scam or a retirement plan? Ponzi! Ponzi! Ponzi! There, I said it. To the extent people believe there are trust funds with their names on them, Social Security is absolutely a Ponzi scheme. So is Medicare. People need to hear it. Many people think that when the government takes payroll tax from their paychecks, it goes to something like a savings ... MORE

Thomas Lifson: Crony Capitalism At LightSquared

Worse than Solyndra. Add the name LightSquared to your crony capitalism watch list. The story emerging has elements even worse than the squandering of half a billion dollars on an Obama bundler's venture. Brendan Sasso of The Hill reports: LightSquared plans to provide high-speed wholesale wireless service nationwide through a network of satellites and land-based cell towers ... MORE

Wendy McElroy: To Serve And Protect -- The State

Protect yourself, because the police are paid not to care.  Last month, an international rights tribunal slapped America across the face through a showcase ruling that has no legal force. The Inter-American Commission on Human Rights found that Jessica Lenahan could sue the Castle Rock, Colorado, police department for its refusal in 1999 to enforce a restraining order ... MORE

VIDEO: John Stossel - Is College A Rip-off?

Deep Corruption At The Obama Justice Department

by Quin Hillyer.  Start rattling the chains. Start ratcheting up the hue and cry. Fire up the masses. It's long past time to force mass resignations at, and possible prosecutions of members of, the Obama Justice Department -- and, more broadly, of the West Wing itself. Forgive all the links, but the scope of the corruption is so large as to defy adequate descriptions, in a single ... MORE

A. Barton Hinkle: The Renewable Energy Boondoggle

The truth about wind and solar power. Last month Glen Besa, the director of the Sierra Club's Virginia chapter, rebuked Dominion Virginia Power for failing to "jump-start the clean, renewable energy industry in Virginia. ... Offshore wind, which is plentiful off Virginia's coast, could create 10,000 jobs in the commonwealth. It is time for Dominion to make major investments ... MORE

Thomas Sowell: Back To The Future

Part I   Part II   Part III  Those who are impressed by words seem to think that President Barack Obama made a great speech to Congress last week. But, when you look beyond the rhetoric, what did he say that was fundamentally different from what he has been saying and doing all along? Are we to continue doing the same kinds of things that have failed again and again, just because ... MORE

Mark Steyn - Pass This Jobs Bill!

Commentator Mark Steyn gives due respect to Obama's jobs bill.

Jacob Sullum: You Say 'Ponzi Scheme,' I Say Fraud

A distinction without a difference. At the Republican presidential debate in Tampa on Monday night, Mitt Romney said Rick Perry has needlessly "scared seniors" by calling Social Security "a Ponzi scheme." Romney, more sensitive to the anxieties of retirees, prefers to say "the American people have been effectively defrauded out of their    ... MORE

Jon N Hall: Inequality -- It's A Good Thing

The conflict between liberty and equality. Equality is the highest value of the American political left. So the left is always on the lookout for any trace of inequality. And of course they find it -- everywhere. That's because equality doesn't exist in this world, except when we get down on the micro level. On the micro level of quarks, electrons, photons, and such, equality reigns ... MORE

Gary Johnson: The Invisible Man Running For President

Why does the media shut him out? The 2012 race for the GOP nomination has been raging lately.  With the entrance of Rick Perry, many media outlets are becoming increasingly excited over the novelty of a new candidate.  What about the novelty of unique ideas? Governor Gary Johnson has been running for President since April 21st.  He was in the first Republican debate on  ... MORE

VIDEO: Ron Paul On The Welfare State

Walter E Williams: Too Much Higher Education

Just think about it. Too much of anything is just as much a misallocation of resources as it is too little, and that applies to higher education just as it applies to everything else. A recent study from The Center for College Affordability and Productivity titled "From Wall Street to Wal-Mart," by Richard Vedder, Christopher Denhart, Matthew Denhart, Christopher     ... MORE

Ira Stoll: The Poverty Of Nations

Politics of hope are better than its reality. On September 13 at 10 a.m., the Census Bureau will release its annual report for 2010 on “Income, Poverty, and Health Insurance Coverage in the United States,” and, to judge by the way the bureau is handling the announcement, it’s going to be less than smashingly good news. “There will be no physical event,” the bureau’s advisory to  ... MORE

Chad Stafko: The Great Obama Welfare State

Government dependence is at an all-time high. Much has changed in America since Barack Obama was sworn into office as the 44th president of the United States on January 20, 2009.  In less than 1,000 days as chief executive of the U.S., President Obama's failed policies and initiatives have resulted in a dizzying array of dismal economic statistics.  As it stands now, Obama ... MORE

VIDEO: Andrew Napolitano - Commerce Clause Gone Wild

A. Barton Hinkle: Obama's Crony Capitalism

What Solyndra reveals about Obama's economic policy.  The president's address on jobs last night included some soaring phrases, but it left out one crucial word that epitomizes his approach to economics: Solyndra. Fourteen months ago, the president was using his sonorous baritone to deliver soaring rhetoric about how his policies helped launch that  ... MORE

Peter Hannaford: California's Nanny State Gone Wild

Busybodies destroying the babysitting industry. California is still a land of political surprises--outlandish, foolish, and mischievous ones. Consider the latest: The state legislature is about to pass a bill (AB 889) requiring that adult babysitters (age 18 and up) be paid the minimum wage, overtime pay and worker's compensation insurance. In addition, they must have a ... MORE

Boston Herald: Same Old Barack Obama

Contends problems solved by more government spending. So that was it? That was President Barack Obama’s really big jobs speech? The one that required a joint session of Congress to be both window dressing and whipping boy? The one that after his nearly three years in office is going to set things right? Honestly? “There should be nothing controversial about this piece of  ... MORE

VIDEO: Walter E Williams - States' Rights and Nullification

Damon W. Root: The Era Of Big Government Is Not Over

More government control = less individual control. President Barack Obama’s big jobs speech last night was long on rhetoric and short on useful specifics. But then who expected anything different? Despite lofty pledges to “stop the political circus and actually do something to help the economy,” this is still the same president whose administration has prosecuted, harassed  ... MORE

John Stossel: Ten Years After

Living in a big government world. After 9/11, the U.S. Congress created the Department of Homeland Security and the Transportation Security Administration. America went to war, overtly and covertly, in several countries. Nearly $8 trillion was spent on what is called "security," Chris Hellman of the National Priorities Project estimates. Was it worth it?         ... MORE

Chuck Roper: Obama's Newest Worst Idea Ever

Fannie II will give unions carte blanche. February 2009 brought us Barack Obama's "stimulus" plan--$800 billion worth of progressive agenda-packed deficit spending that produced zero economic improvement and increased the national debt. One year later, President Obama offered the American people a $3.8 trillion 2011 budget that increased the national debt. One year later ... MORE

VIDEO: Top 3 Common Myths of Capitalism

Is being pro-business and pro-capitalism the same? Does capitalism generate an unfair distribution of income? Was capitalism responsible for the most recent financial crisis?

Steve Chapman: Who Really Kept Us Safe After 9/11

The truth about homeland security. If there was any certainty in the weeks and months after the 9/11 attacks, it was that these were just the first in a campaign of terror on American soil. "You can just about bet on it," said Sen. Richard Shelby (R-Ala.), the ranking Republican on the Intelligence Committee. New York Mayor Rudy Giuliani said, "I anticipate another attack."  ... MORE