When Reuters and CNBC.com announced the awful housing numbers from February, most observers were surprised. The housing market appeared to have found a bottom last fall, and many economists were expecting small but predictable improvements every month.The Commerce Department, however, doused whatever positive expectations there were when they announced that new home ... MOREHousing Decline: Only Halfway Home
When Reuters and CNBC.com announced the awful housing numbers from February, most observers were surprised. The housing market appeared to have found a bottom last fall, and many economists were expecting small but predictable improvements every month.The Commerce Department, however, doused whatever positive expectations there were when they announced that new home ... MOREJohn Stossel: Students Who Get It!
I went to Princeton in 1969, where they taught me that government could solve the world's problems. Put the smartest people in a room, give them enough taxpayer money, and they will fix most everything. During those years, I heard nothing about an alternative. How things have changed! I recently spent time with several hundred college-aged people at a Students for Liberty conference in Washington ... MOREThomas Sowell: Voting With Their Feet
The latest published data from the 2010 census show how people are moving from place to place within the United States. In general, people are voting with their feet against places where the liberal, welfare-state policies favored by the intelligentsia are most deeply entrenched. When you break it down by race and ethnicity, it is all too painfully clear what is happening. Both whites and blacks are leaving California, the poster state ... MOREWalter E Williams: Department of Injustice
One of the requirements to become a Dayton, Ohio police officer is to successfully pass the city's two-part written examination. Applicants must correctly answer 57 of 86 questions on the first part (66 percent) and 73 of 102 (72 percent) on the second part. Dayton's Civil Service Board reported that 490 candidates passed the November 2010 written test, 57 of whom were black. About 231 of the roughly 1,100 ... MORERich Lowry: Leave Our Bulbs Alone
It is one of the magical moments in American history: On Sept. 4, 1882, Thomas Edison threw a ceremonial switch at the offices of J. P. Morgan in New York City, and there was light. The nearby Pearl Street Station power plant provided the electricity for light bulbs to switch on throughout the immediate area. The New York Times had 52 of the bulbs and reported they provided light “soft, mellow, and graceful to the eye . . . without ... MOREMark Browning: The Bias They Can't See
The NPR set's lack of self-awareness"Some of my best friends are conservatives." That seems to be the attitude expressed by those within NPR who claim that the taxpayer-funded network is not liberal. These people deny their own liberal bias just as vehemently as "respectable" people have long denied their racism. We should not take this denial as untruthful. ... MORE
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
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
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