Newt imagines he can control the law of supply and demand. Former House Speaker and current Republican presidential hopeful Newt Gingrich has promised voters that gasoline will be $2.50 per gallon after he becomes president. In fact, Gingrich thinks he may even be able to get the price down to $1.20 per gallon. "His promise to go the moon is ... MORERonald Bailey: Newt's Despicable Gasoline Price Promise
Newt imagines he can control the law of supply and demand. Former House Speaker and current Republican presidential hopeful Newt Gingrich has promised voters that gasoline will be $2.50 per gallon after he becomes president. In fact, Gingrich thinks he may even be able to get the price down to $1.20 per gallon. "His promise to go the moon is ... MOREJohn W. Whitehead: NYC, Prototype Of A Police State?
You have more to fear than fear itself. “I have my own army in the NYPD, which is the seventh biggest army in the world. I have my own State Department, much to Foggy Bottom’s annoyance. We have the United Nations in New York, and so we have an entree into the diplomatic world that Washington does not have.”—Michael Bloomberg, Mayor ... MORE
Jeff Greenlee: We Are All Libertarians Now
The dark, dirty (but not-so-little) secret. Less than two months after Barack Obama's inauguration, Newsweek ran a cover story written by its editor, Jon Meacham, with the title "We Are All Socialists Now." The giddy faux-journalists in the predominately leftist media were still intoxicated from the Novermber 2008 victory parties, achieved after easily ... MOREYaron Brooks & Don Watkins: The "On Your Own" Economy
A self-directing free man or society's servant. “From cradle to grave.” So goes the motto of the entitlement state, whose creator Otto von Bismarck said: “Give the working-man the right to work as long as he is healthy, assure him care when he is sick, assure him maintenance when he is old.” Are you bothered by the thought of government embedding ... MORE
Sheldon Richman: Adam Smith Vs. Crony Capitalism
Smith's suspicions about business people were well-founded. I admit it: I like Adam Smith. His perceptiveness never fails to impress. True, he didn’t foresee the marginal revolution that Carl Menger would launch a century later (with, less significantly in my view, Jevons and Walras), but give the guy a break. The Wealth of Nations is a great piece of work. ... MOREMike Tuttle: Rush Limbaugh And Freedom Of Speech
Are his right being trampled? After Rush Limbaugh called Sandra Fluke a slut, the Internet exploded with comments from people taking one side or another. And, while Limbaugh’s faithful “mega-dittoes” crowd could be counted upon to defend their champion, it was the “strange bedfellows” that were made that confounded many. Bill Maher came out in open ... MOREObama Regulations Cost Americans $46 Billion A Year
by Paul Bedard. Some 10,215 new federal regulations from the Obama administration are costing consumers, businesses and the economy overall $46 billion annually, more than five times the regulatory price tag of former President Bush in his first three years in office. Worse: just implementing those regulations had a one-time additional cost of $11 billion ... MOREWalter E. Williams: Compliant Americans
A nation of sheep. Last month, at a Raeford, N.C., elementary school, a teacher confiscated the lunch of a 5-year-old girl because it didn't meet U.S. Department of Agriculture guidelines and therefore was deemed nonnutritious. She replaced it with school cafeteria chicken nuggets. The girl's home-prepared lunch was nutritious; it consisted of a turkey ... MOREThomas Sowell: The Big Hoax
What political spin and pious euphemisms don't tell us. There have been many frauds of historic proportions — for example, the financial pyramid scheme for which Charles Ponzi was sent to prison in the 1920s, and for which Franklin D. Roosevelt was praised in the 1930s, when he called it Social Security. In our own times, Bernie Madoff's hoax has made ... MOREBill Dunkelberg: Mountain Of Regulations Deters Jobs
Government's economic obstacle course. Hiring the first employee can be so costly that many entrepreneurs never do it. They prefer to stay in solo businesses, which number more than 10 million in the United States. A brief summary of the regulations involved makes it clear why many decide not to become an "employer." My electrician refuses to have an ... MOREPam Bondi: Feds Power Grab Must Be Stopped
If only we had a potent Constitution. Florida and more than half of the states in the nation have challenged the federal government’s Affordable Care Act because it deprives Americans of their individual liberty and violates the United States Constitution. The U.S. Supreme Court will decide whether to enforce constitutional limitations on ... MOREPeter Van Buren: Eric Holder And The End Of Rights
America gives away its freedom. Historians of the future, if they are not imprisoned for saying so, will trace the end of America's democratic experiment to the fearful days immediately after 9/11, what Bruce Springsteen called the days of the empty sky, when frightened, small men named Bush and Cheney made the first decisions to abandon the ... MORE
Katherine Mangu-Ward: Feds Pay $10M For $50 Light Bulb
Government's attempt to provide cheap green lighting. In 2007, when Congress passed legislation that would gradually ban old school incandescent light bulbs, they added a carrot to the pile of sticks: A $10 million dollar prize to encourage the development of a cheap, green, domestic light bulb to replace the dearly departed Edison model. ... MOREMichael Hurd: The Productive And The Unproductive
There are only two classes in a free society. Mitt Romney claims that his tax cuts will stimulate the economy and pay off the deficit. If history is any guide, this won’t be true. Ronald Reagan cut taxes in the 1980s. For a time, the economy improved and the government gained more revenue. Congress spent that money and expanded the deficit. George W. Bush ... MOREDean Obeidallah: The Government Is Reading Your Tweets
A curse called Homeland Security. There were once seven words you couldn't say on television, as the late comedy icon George Carlin famously lampooned 40 years ago. Now it appears there are more than 500 words you shouldn't say on Twitter or Facebook unless you want to be flagged by the Department of Homeland Security. There is a surveillance program ... MORE
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