America is falling deeper into debt. We're long past the point where drastic action is needed. We're near Greek levels of debt. What's going to happen? Maybe riots — like we've seen in Greece? We need to make cuts now. Some governors have shown the way. You know about Chris Christie, Scott Walker, Rick Scott, John Kasich, etc. But you probably don't know about Luis Fortuno. Fortuno is governor ... MOREJohn Stossel: Down The Money Hole
America is falling deeper into debt. We're long past the point where drastic action is needed. We're near Greek levels of debt. What's going to happen? Maybe riots — like we've seen in Greece? We need to make cuts now. Some governors have shown the way. You know about Chris Christie, Scott Walker, Rick Scott, John Kasich, etc. But you probably don't know about Luis Fortuno. Fortuno is governor ... MOREDavid Harsanyi: What Would Ayn Rand Do?
Religious conservatives can learn from the Objectivist author. For a group that claims to be offended by the mere whiff of politics and religion's intermingling, the left sure does bring up Jesus quite a lot. The most recent outburst is the work of a progressive outfit called American Values Network. In this instance, God is being dragged into the debate as a ... MOREWalter E Williams: Our Moral Dilemma
Most of our nation's problems are a direct result of our being immune, hostile or indifferent to several moral questions. Let's start out with the simple and move to the more complex. Or, stated another way, let's begin with questions that generate the least hostility, moving to those that generate the greatest. If a person benefits from a hamburger, a suit of clothing, an apartment or ... MOREJacob Sullum: The High Price Of Prohibition
Forty years ago this Friday, President Richard Nixon announced that "public enemy number one in the United States is drug abuse." Declaring that "the problem has assumed the dimensions of a national emergency," he asked Congress for money to "wage a new, all-out offensive," a crusade he would later call a "global war on the drug menace." The war on drugs ended ... MOREChristopher Chantrill: Economics For Babies
Economics is too hard for liberals and many others. Who can tell from deficits and multipliers, after all? So it is time to dumb economics down and make it simple enough for a baby to understand. "Economics for Babies." This could be a publishing sensation to equal the Dummies phenomenon. Here is how it works. Drill, Baby Drill Our liberal friends are convinced, because ... MOREDaniel Oliver: Concripts in a Ponzi Scheme
The spit turns slowly over the Social Security roasting fire but there is no whimpering from the children being cooked. Yet. Jonathan Swift's Modest Proposal (one of English literature's great satires) for preventing the children of poor people in Ireland from being a burden to their parents or their country, and for making them beneficial to the public was: to eat them. Our ... MOREA. Barton Hinkle: Tolerance For Me But Not For Thee
Freedom of association includes the right to discriminate. Gay-rights organizations have been quick to defend the Richmond Federal Reserve Bank after it came under attack for hoisting a gay-pride flag on a pole directly beneath the American flag. The Fed did so at the request of, and to show support for, its gay, lesbian, and transgender employees. Republican Del. Bob Marshall ... MORERich Lowry: Unemployment Catastrophe
Pres. Barack Obama is given to cute vehicular metaphors about the state of the economy. We were "in a ditch," then got out and hit a "bump in the road." This is studiously folksy. It also vastly understates the nature of our situation. President Obama is presiding over an unspooling social catastrophe in the form of unemployment, and especially long-term unemployment. For all those ... MOREAffordable Housing Means Your House Is Worth Less
by Anthony Randazzo. Martin Luther King famously once proclaimed, “I have a dream, that one day my children would not be judged by the color of the skin, but by the content of their character, and that they would have a right to a home at an affordable price.” Okay, that’s not exactly what he said. But an unusual coalition of financial institutions and community housing advocates ... MOREThe Case Against Raising the Debt Ceiling
by Robert P. Murphy. A recent NPR story on the debt ceiling seeks to correct the American public's "misunderstanding" of the issue. But as we'll see, whether through ignorance or deception, the analyst on whom the story relies makes claims about the debt ceiling that are simply not true. It turns out that the public's gut reaction to politicians' piling on ever more red ink is ... MOREIt's Not The Debt Ceiling, It's The Dollar
by Lewis E. Lehrman. Today, the chorus line of the debt ceiling and dollar bears is "all fall down." The missing issue of this President election is monetary policy -- America's need for a stable dollar. But massive Federal Reserve credit expansion, QE1 and QE2, has forced the volatile dollar down to such a depreciated level on the foreign exchanges that, absent QE3, a ... MOREGene Healy: The Lessons Of Weinergate
Politicians are less responsible and much dumber than those they seek to rule. Ah, Weinergate, you are the gift that keeps on giving, the crotch-shot that launched a thousand puns. Yet, sadly, some people fancy themselves far too serious to embrace the hilarity. "Just pathetic," an example of "American Puritanism," journalism professor Jeff Jarvis pronounced ... MORE
The FDA War On Elderberry Juice
U.S. marshals have seized elderberry juice concentrate products distributed by a Mulvane area-based company because a federal agency said the products make false claims about prevention and treatment of diseases. The Food and Drug Administration said Friday that Wyldewood Cellars has been distributing products that are nonapproved and misbranded drugs. ... MOREVIDEO: John Stossel - Watching The Watchmen
Do citizens have a right to record the public behavior of cops?
John Stossel: The Cancer Of Regulation
Politicians care about poor people. I know because they always say that. But then why do they make it so hard for the poor to escape poverty? Outside my office in New York City, I see yellow taxis. It's intuitive to think that government should license taxis to make sure they're safe and to limit their number. It's intuitive to believe that if anyone could just start picking up passengers, we'd have ... MORE
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