American Families Are Being Economically Destroyed

by Michael Snyder.     The systematic destruction of the American way of life is happening all around us, and yet most people have no idea what is happening.  Once upon a time in America, if you were responsible and hard working you could get a good paying job that could support a middle class lifestyle for an entire family even if you only had a high    ... MORE

Property Rights and Property Taxes: To Possess Not Own

by Nick Giambruno. Do you really own something that you are forced to perpetually make payments on and which can be seized from you if you don’t pay? I would say that you don’t. You would possess such an item, but you wouldn’t own it—an important distinction.  A ridiculous perversion of the concept of ownership and property rights has   ... MORE

Thomas Sowell: Unintended Consequences

Devastation sold as "compassion," and "inclusion."     One of the many unintended consequences of the political crusade for increased homeownership among minorities, and low-income people in general, has been a housing boom and bust that left many foreclosed homes that had to be rented, because there were no longer enough qualified    ... MORE

VIDEO: Fox News - Expanding Eminent Domain

VIDEO: John Stossel - Foreclosure Freeloaders

VIDEO: FDR - Hard Times Redux

Thomas Sowell: Different Decisions

Two unrelated news stories on the same day show the contrast between government decisions and private decisions. Under the headline "Foreclosed Homes Sell at Big Discounts," USA Today reported that banks were selling the homes they foreclosed on, at discounts of 38 percent in Tennessee to 41 percent in Illinois and Ohio. Banks in general try to get rid of the homes they  ... MORE