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

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

Tom Woods: Nullification - Answering the Objections

David Harsanyi: The Right Kind of Activism
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?
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

John Stossel: I Can Balance the Budget

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?

Walter E Williams: Black Education
Thomas Sowell: Spilled Milk

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
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