It's not just the money. The Pew Foundation discovered in a recent poll that tensions over inequality in wealth now outrank tensions over race and immigration. But income inequality isn’t really the problem. A new upper class is the problem. And their wealth isn’t what sets them apart or creates so much animosity toward them. He is not just in the 1%; ... MORECharles Murray: Why We Dislike The Rich
It's not just the money. The Pew Foundation discovered in a recent poll that tensions over inequality in wealth now outrank tensions over race and immigration. But income inequality isn’t really the problem. A new upper class is the problem. And their wealth isn’t what sets them apart or creates so much animosity toward them. He is not just in the 1%; ... MORECharles Kadlec: FED Seeks To Devalue The Dollar By 33%
Purchasing power of dollar headed downward. The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level. ... MORELeah Barkoukis: Health Records Hacked
Your health history for all to see. In his Address to Joint Session of Congress in February of 2009, President Obama stated that, “our recovery plan will invest in electronic health records and new technology that will reduce errors, bring down costs, ensure privacy, and save lives.” But Redspin, a leading IT security assessment company, determined quite the ... MORERich Lowry: Introducing The Cupcake Cops
Snicker-free school zones are on the horizon. First they come for the alcohol, then for the tobacco, then for your sugar. When the day arrives when you have to undergo a background check and endure a three-day waiting period to enter a Dunkin’ Donuts, you can trace the loss of your unrestricted access to a Boston Kreme or French Cruller to this moment. Namely ... MOREThomas Sowell: Romney's Defining Moment
Missing a basic understanding. Governor Mitt Romney's statement about not worrying about the poor has been treated as a gaffe in much of the media, and those in the Republican establishment who have been rushing toward endorsing his coronation as the GOP's nominee for president — with 90 percent of the delegates still not yet chosen — have been trying to ... MOREStar Parker: Whole Nation Is On Government Plantation
Memo to Mitt Romney: Here’s free advice for Mitt Romney. Before bringing up the poor again, read my book “Uncle Sam’s Plantation.” Romney has been taking a drubbing about his remarks in a CNN interview that he is “not worried about the very poor…we have a safety net there…If it needs a repair, I will fix it.” And then going on to say it is “..middle ... MORE
VIDEO: Tom Woods Interviews Walter Williams
The insightful conversation of two world-class economists.
Walter E Williams: Economic Chaos Ahead
Let's think about the kind of mess that we're in. Federal 2010 Medicare and Medicaid expenditures totaled $800 billion. The projected annual growth of both programs is about 7 percent. Social Security expenditures are more than $700 billion a year. According to the 2009 Social Security and Medicare trustees reports, by 2030, 49 percent of federal revenue will ... MOREWash Examiner: A Coming Mandate To Buy Chevy Volts?
The path of bailouts, regulations and CAFE standards President Obama spent more than $85 billion bailing out General Motors and Chrysler three years ago. Now he claims credit for saving the industry, noting GM's recent return to the top sales spot among automakers worldwide, Ford's record profits (albeit achieved without federal funds), and the recent ... MORESteven Greenhut: Property Rights Win In The Golden State
California's redevelopment scam dead at last. The California Redevelopment Association’s Web site is still up and running and still features job postings for redevelopment jobs, although the site does report that the association’s annual convention and expo has been cancelled. It’s just a matter of time before the news reaches the CRA web-master ... MORENeil Snyder: A World Tax? Keep Your Eyes On The Internet
A compelling reason not to elect Obama. The United Nations is finally moving toward the creation of a world tax. "No one should live below a certain income level," stated Milos Koterec, President of the Economic and Social Council of the United Nations. "Everyone should be able to access at least basic health services, primary education, housing, water ... MORESheldon Richman: Corporatism Is Not The Free Market
The U.S. ceased to be a free market long ago. When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are only inches away from ceasing to be a free market economy,” one is left scratching one’s head. How refreshing it is, then, to hear a prominent establishment economist—a Nobel laureate yet ... MORETed Nugent: The Great Keystone XL Pipeline Massacre
A dead giveaway of Obama's left-wing agenda. President Obama’s decision to put a bullet in the back of the head of the Keystone XL pipeline is all the proof you need to know that his modus operandi is to sidle up to environmental green-energy crackpots instead of creating thousands of American jobs and honestly pursuing energy independence for ... MORE
Andrew Napolitano: What Is A Just War?
When safety and liberty are threatened. When President Obama announced last April that he was sending the United States military to bomb Libya, he not only violated the United States Constitution, which he has taken an oath to uphold, but he also violated the moral principles of the just war. The Constitution permits only Congress to declare war and the ... MOREPaul Revere: Tax Reality Vs. Liberal Propaganda
How Obama platitudes stand up to real facts. Want to help make a huge step towards balancing the budget, make the tax code fair and equitable and improve the economy? According to President Obama, Massachusetts Senate candidate Elizabeth Warren, and other liberals, the way to do this is to raise taxes on the wealthy: From a CBS partial ... MORE
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