We must stop waiting for a savior. The past week provided clear lessons not just in how central bankers have a limited ability to positively influence the economy but also how they are limited in their capacity to deliver the shortsighted policy actions that investors currently crave. The developments should provide new reasons for investors and ... MOREPeter Schiff: The Not So Super Hero
We must stop waiting for a savior. The past week provided clear lessons not just in how central bankers have a limited ability to positively influence the economy but also how they are limited in their capacity to deliver the shortsighted policy actions that investors currently crave. The developments should provide new reasons for investors and ... MOREThe Problem Is There Is No Such Thing As "States' Rights"
by Frank Keegan. When U.S. Sen. Dick Durbin of Illinois tried to fire up a ballroom full of state legislators here Tuesday morning, he used the phrase “states’ rights.” It popped up a few other times as the National Conference of State Legislatures met for its annual “Build Strong States” summit. The only problem: There is no such thing as “states’ ... MOREThe Number Of Americans Spied Upon Is Too High To Count
by Andrew Napolitano. Gazillions. That's the number of times the federal government has spied on Americans since 9/11 through the use of drones, legal search warrants, illegal search warrants, federal agent-written search warrants and just plain government spying. This is according to Sen. Rand Paul, R-Ky., who, when he asked the government to tell him what it was ... MORE
John Stossel: Wars To End War
America needs to reevaluate the military's mission. On his recent trip abroad, Mitt Romney observed an American taboo by not criticizing President Obama's military policy. But before his trip, he made his position clear. Obama has "exposed the military to cuts that no one can justify," Romney said. He meant that unless Congress intervenes ... MORERichard E. Ralston: The Separation Of Medicine & State
For politicians, healthcare is all about control. The federal government in general, and the Food and Drug Administration in particular, increasingly inject themselves into direct control of every medical practice. The FDA is aggressively moving past its lock on the approval of every medication and all medical equipment. It now seeks control ... MORECarrie Lucas: Let's Make Education Big Business
Utilize profit, loss and high pay for top performance. When you see that Americans spend more than $1.1 trillion on education—that’s 7.8 percent of GDP—it’s tempting to call education “big business.” Except that it’s not really: 80 percent of that spending is controlled by government and spent on public schools and universities. That means that it’s ... MOREDoug Bandow: Killing The Economy With Gov't Stimulus
Death by spending. President Barack Obama’s presidency hangs in the balance after another disappointing employment report. He continues to advocate new government “stimulus” programs to boost his reelection campaign. However, Washington is awash in government “stimulus,” without effect. Only productive private investment will spark economic ... MORE
A. Barton Hinkle: Got A Pencil? You Didn't Build That
Nobody can make a pencil by himself. Most people would never accuse President Obama of memorizing Milton Friedman under the covers at night. Yet the patron saint of laissez-faire probably would not take as much exception as many Republicans have to Obama’s comment in Roanoke three weeks ago that “if you’ve got a business – you didn’t build that. ... MOREGene Healy: Take Me Down To The Parasite City
The District is blooming. Have you seen the latest jobs report? Major buzzkill: creeping unemployment, anemic growth, and the recovery's totally stalled. But not here: The District is booming! "Washington may have the healthiest economy of any major metropolitan area in the country," says New York Times D.C. bureau chief David Leonhardt in Sunday's ... MOREGary M. Galles: Expand Freedom, Not Government
State power has an unbroken record of inability. President Obama’s “you didn’t build that” rationalization for increasing taxes has since been “clarified” to the fact that teachers, roads, bridges, etc., provided by government, “gave you some help.” But it still doesn’t support his conclusion. President Obama is mistakenly equating society ... MORELisa Cerda: Hi-Jacking Your Privacy
Government laser will analyze you at the molecular level. Your privacy is a highly prized possession, and the government wants to take it away. You may not even notice it is gone at first, but then one day, when you least expect it, your going to want your privacy back. But it will be too late. The government will have gathered and stored enough information ... MORESteve Forbes: To Help Free Market, Bury The Hatchett
Congress must get out of the way. We all want America’s economy to improve and realize that crony capitalism — where Washington politicians, not free markets, decide who succeeds — is a barrier to prosperous growth. Yet industries still dispatch lobbyists to Capitol Hill to get a legislative or regulatory “fix” when there’s a marketplace ... MOREThomas Sowell: Sports Versus Politics
Empirical evidence has great value. It has long seemed to me that there is far more rationality in sports, and in commentaries on sports, than there is in politics and in commentaries on politics. What has puzzled me is why this is so, when what happens in politics has far more serious effects on people's lives. To take one common example, there are many people ... MORERobert Taylor: Your TSA Pat Down Will Only Get Worse
TSA refuses to hold hearing on "naked body scanners." The Transportation Security Administration (TSA) is once again in the news for refusing to obey a federal appeals court order from last year mandating that the agency hold public hearings over its "naked body scanners." They'll get around to it in 2013, says TSA spokeswoman Lorie Dankers. ... MORELittle League Lawsuit Epitomizes A Big League Problem
by Anthony W. Hager. Some things can't be fully appreciated unless compared to their opposites. We hold light dear because its absence is darkness. Crisp autumn mornings are sweeter when compared to summer's searing heat. Likewise, reward can't be fully valued without risk. The connection between risk and reward is a common element in ... MOREWalter E Williams: Liberals, Progressives & Socialists
Where the tiny steps are taking us. In Europe, especially in Germany, hoisting a swastika-emblazoned Nazi flag is a crime. For decades after World War II, people have hunted down and sought punishment for Nazi murderers, who were responsible for the deaths of more than 20 million people. Here's my question: Why are the horrors of Nazism so well-known and ... MOREVIDEO: Real World Effects Of Minimum Wage
John Stossel. Why minimum wage laws have made life more difficult for low skill workers and spelled the end for movie ushers and gas station attendants.
Alva Noe: Legalize It: An Argument For 'Doping' In Sports
What does natural mean today? Rocky's coach forbade him to have sex with his girlfriend while he was in training. Was this because he would be so tired out by sex? Or was it that the coach believed it would alter Rocky's drive, or mindset, somehow making him happy and relaxed, depriving him of the disturbed drive, the hunger, to win? I was just a kid when I ... MORE
David Henderson: Getting Rich In America
Eight simple rules. Sometimes, when the person beside me on an airplane finds out that I'm an economist, he/she will ask, "What's going to happen to the economy?" I answer, "I don't know." If the person is somewhat more sophisticated, he will ask "What's going to happen to interest rates?" I used to answer, "I don't know." I now answer: ... MORE
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