Thomas Sowell: The 'Ponzi' Sound Bite

Band-Aids don't cure cancer. Many in the media and in politics have gone ballistic over the fact that Texas Governor Rick Perry called Social Security "a Ponzi scheme." Although many act shocked, shocked, as if Rick Perry had said something unthinkable, Governor Perry is not even among the first thousand people to call Social Security a Ponzi scheme. Not only conservatives ... MORE

VIDEO: The Audacity Of Liberty In NY

Ralph R. Reiland: Toll Roads To Obamaville

Your cost: about $3 million per jobless mile. "Pass this bill now," President Obama is repeatedly demanding, regarding his new American Jobs Act. There's nothing new in the legislation, just more government spending, more transfers of money from "the rich" to Obama's political allies, more spending for infrastructure enhancement so we all won't allegedly be ... MORE

Jacob Sullum: Unbanned in Phoenix

States don't have to fight war on drugs. On May 27 Arizona Gov. Jan Brewer asked a federal judge to decide whether her state’s Medical Marijuana Act, narrowly approved by voters last November, “complies with federal law” or is “preempted in whole or in part because of an irreconcilable conflict with federal law.” Oddly, Brewer expressed no preference between those ... MORE

Robert J. Mack: Watergate Times Three

White House corruption surfaces. You think Richard Nixon's presidency was the worst scandal ever? Well, so far anyway. It all started with a tape holding a door open at the Watergate complex in Washington, D. C., discovered by a security guard 39 years ago on June 17, 1972. That discovery started a sinister chapter in America's history, fueled by the fervent investigative work of ... MORE

VIDEO: Andrew Napolitano - Wealth, Taxes & Ponzi