... and flexing his muscles elsewhere. Ayn Rand was mostly correct when she wrote her magnum opus "Atlas Shrugged." She was incorrect in one important area. She assumed the final option for the wealthy and entrepreneurial class was to go on "strike" and retire to Galt's Gulch. In the modern world the movers and shakers don't strike, they migrate ... MORESteven Pelerin: Atlas Is Shrugging In The U.S.
... and flexing his muscles elsewhere. Ayn Rand was mostly correct when she wrote her magnum opus "Atlas Shrugged." She was incorrect in one important area. She assumed the final option for the wealthy and entrepreneurial class was to go on "strike" and retire to Galt's Gulch. In the modern world the movers and shakers don't strike, they migrate ... MOREVIDEO: Four Decades Of Drug War Futility
On June 17, 1971 President Richard Nixon launched the modern-day drug war.
Steve Chapman: Another Texas Republican For President
The Republican presidential field looks less like an assemblage of candidates than a collection of fatal mistakes and irreparable flaws, with occasional embodiments of one or more of the Seven Deadly Sins. Mitt Romney? A flip-flopper who inspired ObamaCare. Tim Pawlenty? A too-bashful critic of Romneycare, with a sleepy persona. Newt Gingrich? Serial adultery and terminal hubris. ... MOREWhat You Don't Know Can Hurt You
by Harvey Silverglate. The Soviet Union enacted an infamous law in 1922 that criminalized “hooliganism.” The crime was in the eye of the beholder, the beholder of consequence being the Soviet secret police. Because it was impossible for dissidents to know in advance whether they were violating this prohibition, they were always subject to arrest and imprisonment, ... MOREVIDEO: John Stossel - The State Against Blacks
Walter E. Williams joins John to discuss government "poverty measures."
Rob Natelson: A Victory For The Tenth Amendment
Two years ago, I posted an item on the Tenth Amendment Center website entitled, “It’s the People’s Right.” My point was that federalism was not created primarily for the benefit of the states or state officials, but for the protection of individual liberty. I didn’t invent this argument—many others have recognized that it is the better reading of the ratification-era ... MORE"Our Children And Grandchildren Will Never Forgive Us"
by Marco Rubio. Last week, President Obama touched down in Miami to raise money for his reelection campaign, just a year after his administration kicked off its “Recovery Summer” campaign to celebrate the failed trillion-dollar stimulus spending bill. Today, Florida struggles with a 10.6 percent unemployment rate, far higher than the national average of 9.1 ... MOREWalter E Williams: America's New Racists
The late South African economist William Hutt, in his 1964 book, "The Economics of the Colour Bar," said that one of the supreme tragedies of the human condition is that those who have been the victims of injustices and oppression "can often be observed to be inflicting not dissimilar injustices upon other races." Born in 1936, I've lived through some of our openly ... MORESteve Chapman: The Obsolete Allaince
Has NATO outlived its usefulness? Defense Secretary Robert Gates went to Europe recently to announce that the North Atlantic Treaty Organization may have a "dismal future" and that before long, American leaders "may not consider the return on America's investment in NATO worth the cost." Why does he make that sound like a bad thing? "Watch out! We may have to stop ... MOREVIDEO: Drug Decriminalization in Portugal
Since 2001, drugs have been decriminalized in Portugal. So how has it worked out? Glenn Greenwald's reports his findings to CATO.
Republicans Flicker On Light Bulb Ban Repeal
by Geoffrey P. Hunt. The Republican House is flinching on passing the simplest and most symbolic piece of legislation this term: repeal of the incandescent light bulb phase out. Amidst great fanfare and promises to restore limited government, the new majority is proving it isn't much difference than the old majority. The incandescent phase out required under the so-called Energy ... MOREDavid Brooks: The Biggest Scandal Since Watergate
Most political scandals involve people who are not really enmeshed in the Washington establishment — people like Representative Anthony Weiner or Representative William Jefferson. Most scandals involve spectacularly bad behavior — like posting pictures of your private parts on the Web or hiding $90,000 in cash in your freezer. But the most devastating scandal in recent ... MOREPeter Suderman: Spend More, Save More
Medicare is on the path to bankruptcy. By 2024, the Congressional Budget Office estimates that the seniors health program will be insolvent. It’s not just the program’s fiscal health that’s at stake either. In the long term, the program is the single biggest drive of the federal debt. Yet reforming the program remains a dicey proposition. During the ObamaCare debates, Republicans ... MOREJohn Stossel: Down The Money Hole
America is falling deeper into debt. We're long past the point where drastic action is needed. We're near Greek levels of debt. What's going to happen? Maybe riots — like we've seen in Greece? We need to make cuts now. Some governors have shown the way. You know about Chris Christie, Scott Walker, Rick Scott, John Kasich, etc. But you probably don't know about Luis Fortuno. Fortuno is governor ... MORE
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