W. James Antle, III: Downgrading The Constitution

The downgrade that began the crisis.   Treasury Secretary Timothy Geithner dinged Standard & Poor's for "terrible judgment" in downgrading the federal government's credit rating. Less genteel liberals offered less flattering assesments. "[I]t's hard to think of anyone less qualified to pass judgment on America than the rating agencies," opined Paul Krugman. "The people  ... MORE

Peter Ferrara: Obama Downgraded, Tea Party Vindicated

Only the national debt was stimulated. President Obama achieved the historic downgrading of America's credit rating the old-fashioned way. He earned it. He came into office with federal spending already near an historic peak, with a percent of GDP at 20.7 percent and having increased by one-seventh during the Bush years. One year earlier Bush had joined with then House Speaker ... MORE

VIDEO: John Stossel - New Road To Serfdom

Ryan Young & Jacqueline Otto: The Big Repeal

In 1787, there were four federal crimes. Now there are over 4,000. The Code of Federal Regulations runs over 157,000 pages. America is overlawyered and overregulated, and the economy is suffering for it. Congressmen from both parties recognize this. But reform eludes them. It isn't necessarily their fault. Congress's institutional structure is geared   ... MORE

C. J. Ciaramella: Citizens Under The Microscope

TSA rolling out new "behavior detection officers." Passengers flying through Boston’s Logan International Airport will notice the security screeners are chattier than usual, but it’s not an improved customer service policy. On Tuesday the Transportation Security Administration began a test-run at Logan of its SPOT program, which stands for Screening of Passengers by Observation  ... MORE

Warren Meyer: Why So Many Licenses?

2011 Milton Friedman Legacy for Freedom Essay. Milton Friedman was always a more-than-able educator about the dangers and internal contradictions of socialism. But he also recognized another danger to capitalism and freedom, from the most -- rather than least -- successful corners of the economy. He said: "With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to     ... MORE