Blind to the bonanza. The smart is Harold Hamm, the founder and CEO of Continental Resources and one of America’s richest men. Hamm is one of the primary developers of the Bakken oil fields; he estimates that they contain 24 billion barrels of oil. The dumb is Barack Obama. The Wall Street Journal describes Hamm’s meeting with Obama: When it was Mr. Hamm’s turn ... MOREJohn Hinderaker: The Smart And The Dumb
Blind to the bonanza. The smart is Harold Hamm, the founder and CEO of Continental Resources and one of America’s richest men. Hamm is one of the primary developers of the Bakken oil fields; he estimates that they contain 24 billion barrels of oil. The dumb is Barack Obama. The Wall Street Journal describes Hamm’s meeting with Obama: When it was Mr. Hamm’s turn ... MOREKathleen Parker: Our Unprepared Graduates
College students have been shortchanged. Jobs, jobs, jobs, we keep hearing. But for whom, whom, whom? Certainly not for the many young Americans being graduated from colleges that have prepared them inadequately for the competitive marketplace. The failure of colleges and universities to teach basic skills, while coddling them with plush dorms and self- ... MOREDera Enochson: Depending On The Government
Dependence runs deep. We're all becoming more and more aware of the danger of depending on any government -- and especially the current one -- but this dependence runs deeper than most of us think. There has been much discussion in recent years about the deep control of government if we let them run our health care. Although I have yet to meet a person under 30 who ... 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 ... MORE
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