Veronique De Rugy: The Truth About the Debt Ceiling

Separating economic fact from economic myth.
The statutory debt limit, or debt ceiling, was designed to control congressional spending by limiting the amount of debt the federal government could accumulate. Clearly, it has not fulfilled its legislative purpose. In fact, the government has lost its ability to monitor its own spending. Having to raise the debt ceiling yet again is a sign ...  MORE

Cal Marijuana Advocates Debate New Legalization Effort

The drive to put another marijuana legalization initiative on the California ballot took a step forward Saturday when activists from across the state squeezed into a crowded conference center here to launch the debate over writing the next ballot measure. The campaign for Proposition 19, which lost 54% to 46% ...  MORE

VIDEO: Walter E Williams - Greed is Good


Acting in our own enlightened self-interest frequently results in service to our fellow man.

Obama's Energy Policy Triggers Nationwide Blackouts

The rolling blackouts now being implemented in Texas and across the country as record cold weather grips the United States are a direct consequence of the Obama administration’s agenda to lay siege to the coal industry, launch a takeover of infrastructure under the contrived global warming scam, and help usher in the post industrial collapse of America.  ...  MORE

Tom Woods: Nullification - Answering the Objections

In January 2011 my book Nullification became notorious when it was linked to a bill that declared Barack Obama’s health care law unconstitutional and therefore void and of no effect in the state of Idaho.  (Other states have been introducing similar bills, but Idaho grabbed the media’s attention.)  Legislators had read it, the news media reported, and while Governor Butch Otter turned down a state senator’s offer ...  MORE

David Harsanyi: The Right Kind of Activism

Does the federal court system exist to rubber stamp legislation?
For discussion's sake, let's just concede that every four years or so the American public is fooled into voting for a demagogue who's mastered a pleasant-sounding, market-tested populism. Let's then imagine—this is for discussion only—that this person's resulting agenda, cheery but mildly authoritarian, passes with public support.   MORE

ReasonTV: Busybodies Minding Your Own Business


YOUR GOVERNMENT - we're just one more regulation away from nirvana!

VIDEO: Stossel-Coulter Drug War Debate


The Drug War has now been going on for 40 years? How's it working out for us?

Does Our Society Not Care About Prostitutes?

It's time to acknowledge prostitutes are human beings whose welfare is important.
Many of you may have read or heard the story of Phillip Markoff, the "Craigslist Killer" who murdered Julissa Brissman and attacked three other working girls.  Lifetime has made a killing (no pun intented) off its movie portrayal of Phillip Markoff.  Tellingly, the movie barely even mentioned the lives ....  MORE

Judge Vinson Also Smacks Down Crony Capitalism

Judge Vinson's individual mandate ruling is seen --properly -- as a defeat for ObamaCare and a win for individual freedom.  And it is all of that, of course.  But there's more.  Perhaps almost as pleasing as the affirmation of individual freedom and dismissal of a government-run society is the smack down Judge Vinson's ruling gave to the concept of "crony capitalism."  MORE

John Stossel: I Can Balance the Budget

The Congressional Budget Office says the current year's budget deficit will be a record $1.5 trillion. It also says that over the next decade we're on track for annual deficits of "only" $768 billion. I suspect the CBO has hired Rosy Scenario to do the bookkeeping, but let's take that number at face ...   MORE

53 Years Ago, Ayn Rand saw America's Future.


"Who is John Galt?" The winner of the Atlas Shrugged video contest explains why you need to know.

Russia Moving to Gold Standard?

With the value of the U.S. dollar exponentially declining since the establishment of the Federal Reserve Bank in 1913, it comes as no surprise that many world leaders and international economists have expressed their desire for a new world reserve currency. In light of the global financial crisis, Russia may be moving toward ...  MORE

Walter E Williams: Black Education

In my "Black Education Disaster" column (12/22/10), I presented National Assessment of Educational Progress test data that demonstrated that an average black high school graduate had a level of reading, writing and math proficiency of a white seventh- or eight-grader. The public education establishment bears part of the responsibility for this disaster, but a greater portion is borne by black students and their parents, ... MORE

Thomas Sowell: Spilled Milk

The EPA's quest to protect citizens from milk spills (at great expense).
Despite the old saying, "Don't cry over spilled milk," the Environmental Protection Agency is doing just that.   We all understand why the Environmental Protection Agency was given the power to issue regulations to guard against oil spills, such as that of the Exxon Valdez in Alaska or the more recent BP oil spill in the Gulf of Mexico .... MORE