Washington's latest regulatory power grab. Outside the Washington headquarters of the Federal Trade Commission is a sculpture of a powerfully built, shirtless man forcibly restraining an unruly horse. It's called "Man Controlling Trade," and it captures a common attitude in government: Oftentimes, capitalist firms need to be saddled and broken. ... MORESteve Chapman: Wired For Overregulation
Washington's latest regulatory power grab. Outside the Washington headquarters of the Federal Trade Commission is a sculpture of a powerfully built, shirtless man forcibly restraining an unruly horse. It's called "Man Controlling Trade," and it captures a common attitude in government: Oftentimes, capitalist firms need to be saddled and broken. ... MOREJames Lewis: On Being Governed By Scientific Frauds
Bad ideas are toxic. The news leaked out a while ago that Al Gore scored a D in natural science at Harvard. That would be the science introduction for Other Majors, not difficult chemistry or calculus. So Nobel Laureate Al Gore got a D in Science for Dummies. But don't worry. Anybody can blow a college course and still bounce back. A lot of us get it wrong the first time. ... MOREU.S. Economy Creates No Jobs in August
First time since 1945. Employment growth ground to a halt in August, as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the struggling economy. Nonfarm payrolls were unchanged last month, the Labor Department said Friday. It was the first time since 1945 ... MOREGary Jason: A State Of Total Insanity
Bankrupt the people, save the public employees. Two recent stories out of California that what is already the most stupidly governed state is slipping into outright insanity. ... MOREBob Barr: The War on Gibson Guitars
Owners of vintage guitars beware Are you a guitar owner? More important, do you own a guitar made by Gibson, one of the most well-known American guitar manufacturers? If so, listen up; you may be in Uncle Sam’s cross hairs – as a criminal. Just ask Henry Juszkiewicz, Chairman and CEO of Gibson Guitars. Last week, heavily armed federal agents raided two guitar ... MOREJacob G. Hornberger: Doubling Down in the Drug War
For some, the drug war has worked out well. Why can’t the U.S. government ever learn lessons from any of its failed programs? The biggest lesson it fails to learn is the importance of ending programs that are obvious failures, especially ones that are inherently incapable of succeeding. Instead, in its usually bullheaded, headstrong fashion, the government maintains the program ... MOREObummer! More Touted Green Jobs Bite The Dust
Another half billion tax dollars down the tubes. Solyndra, the Northern California solar panel manufacturer, has filed for bankruptcy and will cease business operation. The firm received $535 million from the Obama administration's Energy Department as part of the big stimulus push during the first year of the Obama interregnum. See LAT, "Solar panel firm ... MOREVIDEO: Understanding The Scope Of America's Debt
Economic malfeasance of American politicians dwarf Bernie Madoff.
Where Have All The Millionaires Gone?
by Barbara Hollingsworth. Newsalert has posted a chart from a Wall Street Journal blog titled “Recession and the Rich.” The chart, based on 2009 IRS figures, shows that the number of taxpayers reporting annual income over $1 million fell 39 percent between 2007 and 2009; the number of super-wealthy individuals making over $10 million annually plunged 55 percent. ... MORESylvia Bokor: Glorious Achievement of the Tea Party
More liberty means less government. Tea Party Republicans. It is a tag to be embraced. It is a clear distinction that separates us from politics-as-usual Republicans and Democrats. It was the first two years of protest. Others had taken the initiative to start a Tea Party. We joined them and supported their efforts with our time, our work, our ideas and dollars. We helped to ... MORE
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