The truth about economic growth. Politicians say they create jobs, but they really don't. Or rather, they rarely create productive jobs. Government has no money of its own. All it does is take resources from one group and give them to another. The pharaohs might have claimed they created work when they ordered that pyramids be built, but think how much richer (and freer) ... MOREJohn Stossel: Governments Don't Create Prosperity
The truth about economic growth. Politicians say they create jobs, but they really don't. Or rather, they rarely create productive jobs. Government has no money of its own. All it does is take resources from one group and give them to another. The pharaohs might have claimed they created work when they ordered that pyramids be built, but think how much richer (and freer) ... MORECNN Poll: 15% Still Trust Government To Do Right Thing
What are they thinking? The public's trust in the federal government has dropped to an all-time low, according to a new national survey. A CNN/ORC International Poll released Wednesday morning indicates that only 15 percent of Americans say they trust the government in Washington to do what's right just about always or most of the time. Last September that figure was at ... MOREChris Banescu: Coddling Misinformation About Taxation
Top 10% pay 70% of all taxes. Warren Buffett and President Obama claim that the rich do not pay enough taxes. They both accuse the American tax code of being unfair and coddling the rich. Both have been pushing the same class warfare narrative for years, using current U.S. capital gains and dividends taxation rates as evidence for their big-government ... MOREThomas Sowell: Politics Vs Economics
The focus is on the next election, not the next generation. They say "all politics is local." But economic decisions impact the whole economy and reverberate internationally. That is why politicians' meddling with the economy creates so many disasters. The time horizon of politics seldom reaches beyond the next election. But, in economics, when an oil ... MORE
VIDEO: Andrew Napolitano - The Right To Be Left Alone
America is quickly devolving into a nation of sheep.
Matthew Daly: Obama Admin Approves $1B in Solar Loans
It worked so well with Solyndra. The Energy Department on Wednesday approved two loan guarantees worth more than $1 billion for solar energy projects in Nevada and Arizona, two days before the expiration date of a program that has become a rallying cry for Republican critics of the Obama administration's green energy program. Energy Secretary Steven Chu ... MOREC. Edmund Wright: Herman Cain Swims With The Sharks
Raising Cain within the GOP. With apologies to headline writers, the shock of Herman Cain routing the field in the Florida Straw poll and scoring first in the latest Zogby poll simply eludes me. If this result -- which is no doubt tied to the mixed performances during the last debate -- moves him into or near the top tier, I will not be shocked about that, either. ... MOREGene Healy: Abolish The Department Of Homeland Security
Wastes dollars, threatens civil liberties. Two years ago this month, the federal government broke ground on what was supposed to be a massive new headquarters for the Department of Homeland Security. Situated on the St. Elizabeths Hospital campus in Southeast Washington, the $3.4 billion project was designed to bring together some 15,000 employees of our newest ... MORESolyndra's Creditors Include California Democratic Party
The stench of money laundering. Among the roughly 5,000 creditors named by Solyndra, a bankrupt solar energy company that is under investigation for losing a half billion dollars in federal loans, is the California Democratic Party, which says it doesn't know why. The bankruptcy filing doesn't say why the organization is listed as one of the creditors or ... MOREThe Entitlement State Is Morally Bankrupt
by Yaron Brook and Don Watson. After Rick Perry called Social Security a Ponzi scheme, pundits everywhere smugly assured the world that Perry is crazy because, after all, the government can never really go bankrupt: it can always print money to pay its debts. Of course, that’s hardly a comfort to those who know what hyperinflation can do to an economy. In any case ... MORE
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