by Robert P. Murphy. A recent NPR story on the debt ceiling seeks to correct the American public's "misunderstanding" of the issue. But as we'll see, whether through ignorance or deception, the analyst on whom the story relies makes claims about the debt ceiling that are simply not true. It turns out that the public's gut reaction to politicians' piling on ever more red ink is ... MOREThe Case Against Raising the Debt Ceiling
by Robert P. Murphy. A recent NPR story on the debt ceiling seeks to correct the American public's "misunderstanding" of the issue. But as we'll see, whether through ignorance or deception, the analyst on whom the story relies makes claims about the debt ceiling that are simply not true. It turns out that the public's gut reaction to politicians' piling on ever more red ink is ... MOREIt's Not The Debt Ceiling, It's The Dollar
by Lewis E. Lehrman. Today, the chorus line of the debt ceiling and dollar bears is "all fall down." The missing issue of this President election is monetary policy -- America's need for a stable dollar. But massive Federal Reserve credit expansion, QE1 and QE2, has forced the volatile dollar down to such a depreciated level on the foreign exchanges that, absent QE3, a ... MOREGene Healy: The Lessons Of Weinergate
Politicians are less responsible and much dumber than those they seek to rule. Ah, Weinergate, you are the gift that keeps on giving, the crotch-shot that launched a thousand puns. Yet, sadly, some people fancy themselves far too serious to embrace the hilarity. "Just pathetic," an example of "American Puritanism," journalism professor Jeff Jarvis pronounced ... MORE
The FDA War On Elderberry Juice
U.S. marshals have seized elderberry juice concentrate products distributed by a Mulvane area-based company because a federal agency said the products make false claims about prevention and treatment of diseases. The Food and Drug Administration said Friday that Wyldewood Cellars has been distributing products that are nonapproved and misbranded drugs. ... MOREVIDEO: John Stossel - Watching The Watchmen
Do citizens have a right to record the public behavior of cops?
John Stossel: The Cancer Of Regulation
Politicians care about poor people. I know because they always say that. But then why do they make it so hard for the poor to escape poverty? Outside my office in New York City, I see yellow taxis. It's intuitive to think that government should license taxis to make sure they're safe and to limit their number. It's intuitive to believe that if anyone could just start picking up passengers, we'd have ... MOREThomas 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 ... MOREA. Barton Hinkle: Declare Defeat And Go Home
The war on drugs has failed. Let's try something else. "The war on drugs has failed," declared the editors of National Review in 1996, back when the nation’s foremost conservative periodical promoted ideas more intellectually rigorous than cheerleading for the Republican Party. "It is diverting intelligent energy away from how to deal with the problem of addiction. ... MOREHerman Cain: The Answer To Our Problems
More liberty, less government. We hear all about America’s problems every day. We can’t get away from them, especially when the bad news is compounded with more bad news about natural disasters. The latest economic and jobs news is yet another indication that this nation’s problems are getting worse and stifling our prosperity. And every time this administration or ... MORE
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