UAW the winners, taxpayers the predictable losers. Taxpayers will lose even more on the auto bailout than previously thought, as the Treasury has just revised its estimate upward to $25 billion. This may still underestimate the losses to come—yet President Obama plans to tout the auto bailout as a key accomplishment of his Administration. ... MOREAmy Payne: Taxpayers' Auto Bailout Losses Mounting
UAW the winners, taxpayers the predictable losers. Taxpayers will lose even more on the auto bailout than previously thought, as the Treasury has just revised its estimate upward to $25 billion. This may still underestimate the losses to come—yet President Obama plans to tout the auto bailout as a key accomplishment of his Administration. ... MOREAndrew Napolitano: November's Choices
We are in terrible straits this presidential election. We have a choice between a president who has posed more of a danger to personal freedom than any in the past 150 years and a Republican team that wants to return to Bush-style big government. President Barack Obama has begun to show his hand at private fundraisers and in unscripted ... MORECaroline Baum: Flying With Milton Friedman
Milton proved ideas matter. As I was leaving the house for a full day of travel, I wanted something to read during airport holdovers and almost certain delays. My only prerequisite was that the book be small enough to fit in my purse. Whether I grabbed Milton Friedman’s Capitalism and Freedom because of recent tributes to the Nobel laureate — he ... MOREAyn Rand's Long Journey To The Heart Of American Politics
by Jennifer Burns. In the heyday of her celebrity, it often seemed that the only appropriate public response to Ayn Rand was dismissal. In 1961, Newsweek magazine sent a reporter to investigate the growing circle of devotees clustered around the right wing novelist. Visiting the New York City headquarters of Rand’s Objectivist movement, the reporter declared ... MORESome In GOP Argue For Repeal Of 17th Amendment
The way to return to states' rights. A Senate candidate's comment about repealing the 17th Amendment has some people thumbing through their Constitutions and others talking about the issue of states' rights. Pete Hoekstra, a Republican, is a former House of Representatives member who is running in Michigan against an incumbent, Senator Debbie ... MOREEurope's Worst Police State: 'Thought Criminals' Targeted
by Santiago Alvarez. Every year the German government proudly promotes its persecution of peaceful dissidents, which it lumps together with violent criminals as “enemies of the [German] constitution.” Never mind that Germany doesn’t even have a constitution. On July 18 of this year, the German government released the figures of government persecution ... MOREMike Riggs: Obama Is Making It Difficult To Get Pain Meds
The administration declares war on pain relief. In July 2011, the Office of National Drug Control Policy released its longterm plan for reducing prescription drug abuse. One of the bullet points in that report was this: "Write and disseminate a Model Pain Clinic Regulation Law within 12 months." Twelve months later, the ONDCP has yet to (publicly) ... MOREJohn Stossel: There Ought Not To Be A Law
Free individuals do everything better. I’m a libertarian in part because I see a false choice offered by the political left and right: government control of the economy -- or government control of our personal lives. People on both sides think of themselves as freedom lovers. The left thinks government can lessen income inequality. The ... MORERick Dewsburry: U.S. Government Is Spying On Everyone
Details released by Wikileaks. Anyone who takes a photograph at high-risk locations is logged as a suspected terrorist on a vast network of secret spy cameras linked to the U.S. Government, according to leaked emails. People pointing cameras in New York are regarded as suspicious and the facial recognition images of them from the civilian CCTV are ... MOREKenneth P. Green: Subsidy-Powered Vehicles
Continuing the long history of failure. Even with modern technology, electric cars are not capable of satisfying consumer desires. Policymakers should end their wasteful counter-market pursuit of vehicle electrification. Environmentalists have long wished for the electrification of passenger vehicles. As Professor Vaclav Smil points out in ... MORENew Jersey Puts Money On Legalizing Sports Betting
by Colton Totland. Sports fans who have longed to back their favorite teams with their gambling dollars — legally — may soon get their chance as New Jersey Gov. Chris Christie leads a challenge to laws that have limited legal betting on sports to a small handful of states. The long-running, high-stakes battle over betting on sports in America is coming to a ... MOREGall & Smith: Red Tape Shackles Small-Business Owners
Why should we stifle entrepreneurs? A Michigan teen and his mother are living in a shelter for the homeless after a city shut down the teen’s hot-dog stand. Thirteen-year-old Nathan Duszynski saved $2,500 to start his own business and then diligently secured permission from both the state and city hall to operate downtown. Nathan hoped to use the ... MORERichard Rahn: Economic Lessons From The Olympics
Thomas Sowell: The Paul Ryan Choice
A return to reality. Governor Mitt Romney's choice of Congressman Paul Ryan as his vice-presidential running mate is one of those decisions that seem obvious — if not inevitable — in retrospect, even though it was by no means obvious to most of us beforehand. Anyone who wants to get a quick sense of who Paul Ryan is should watch a short video of a February ... MORE
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