Sat, Nov 26, 2011

Daniel J. Mitchell | November 26, 2011

I’m also thankful I’m not a blithering idiot like the bureaucrats at a Florida school. Here are a few details of this astounding example of utter stupidity.

David Stokes | November 26, 2011

In the spirit of the recent holiday, among the many things for which Americans should be thankful is a political decision made more than 67 years ago as the Second World War was beginning to wind down and as the nation’s voters prepared for a presidential election. It was one of Franklin Roosevelt’s finest moments of decision, though admittedly, one he exercised reluctantly.

John C. Goodman | November 26, 2011

Liberals aren't liberals anymore. These days they call themselves "progressives."

John Ransom | November 26, 2011

Remember, there’s no U-S-A in small business. Ok, maybe there are the letters U-S-A in small business, but why let the facts get in the way of another Obama's Potemkin jobs moments.

Paul Greenberg | November 26, 2011

Stars of stage, screen and Democratic politics like Morgan Freeman and Alec Baldwin sound so much better when they let others write their lines. Rather than expose their prejudices. They can be so intelligent when following a well-written script. But left to their own clumsy devices off camera, they can say some fairly idiotic things.

Kevin McCullough | November 26, 2011

A lot has been said by those who believe the GOP has no choice but to nominate Mitt Romney for general election candidacy against incumbent President Barack Obama.

Susan Stamper Brown | November 26, 2011

As the saying goes, “Sometimes the remedy is worse than the disease,” and this could not be truer than with this administration’s intervention into companies afflicted with the economic cancer spreading around the globe. Many of these companies were deemed “too big to fail,” and without our help, we were told the economy would implode. Are we better off considering the sputtering economy, high unemployment, rising poverty, and a worsening mortgage crisis? Is this remedy worth the economic misery? I, for one, think not.

Cliff May | November 26, 2011

Back in 1985, Charles Krauthammer, writing in Time magazine, called President Ronald Reagan “the master of the new idea.” Among the then-novel notions he was championing: limited government, supply-side economics and developing the technological means to defend America against missile attacks.

David Sterman | November 26, 2011

I've taken a look at several small stocks that recently saw significant insider buying and found three companies that appear to have especially strong appeal.

Mark Calabria | November 26, 2011

Using the Fed balance sheet to absorb the losses that should have been borne by creditors and shareholders is not conducting monetary policy. It's a bailout.

Political Calculations | November 26, 2011

What happens when State Farm gets together with William Shatner to create a "turkey fryer fire cautionary tale"?

George Friedman | November 26, 2011

While it is unreasonable simply to say that Iran will dominate Iraq, it is fair to say Tehran will have tremendous influence in Baghdad to the point of being able to block Iraqi initiatives Iran opposes.

Jeff Carter | November 26, 2011

Europe has hit the point of no return I am afraid. Debt ratings in some countries went to junk yesterday.

W. Thomas Smith, Jr | November 26, 2011

The recent setback for the U.S. Intelligence Community – specifically CIA – wherein scores of operators working for the Agency were seized by Iranian security forces in Iran and Hezbollah (Iran’s proxy army) in Lebanon; speak to two disturbing truths.

Mike Shedlock | November 26, 2011

If you want more of the same, then vote for President Obama. If you want more of the same you can also vote for Mitt Romney or Herman Cain.

Fri, Nov 25, 2011

Caroline Glick | November 25, 2011

Next month, America's long campaign in Iraq will come to an end with the departure of the last US forces from the country.

Brent Bozell | November 25, 2011

The culture of Hollywood has just been beautifully defined by two awards-show decisions. The first one was Brett Ratner being dumped as the director of ABCs Oscars telecast after he said, "rehearsals are for fags." It wasn't long before Ratner turned himself in for "negotiations" with the gay, anti-defamation cops about doing PC penance.

Jonah Goldberg | November 25, 2011

I've long thought the notion of a prison-industrial complex to be laughable left-wing nonsense peddled by Marxist goofballs and other passengers in the clown car of academic identity politics.

John Ransom | November 25, 2011

If Obama authored legislation, on say, immigration, or the debt ceiling or his own version of healthcare- if he told us what he really thought of the Main Street American bank or those who truly occupy Main Street- Americans would understand how bankrupt the man is.

Oliver North | November 25, 2011

Anyone who wonders what to be thankful for this holiday season need only visit a nearby military base.

Caroline Glick | November 25, 2011

For many years, observers of the US State Department on both sides of the American political spectrum have agreed that State Department officials suffer from a malady referred to as "clientitis." Clientitis is generally defined as a state of mind in which representatives of an organization confuse their roles.

Suzanne Fields | November 25, 2011

Thanksgiving is the holiday that pulls families together, squeezing them around a table for a feast of turkey, tradition and togetherness. We encourage conversations meant to be personally relevant, but sometimes they turn into a horizontal Babel, with each generation speaking in a different tongue.

Ed Feulner | November 25, 2011

Most of us have heard or read at least part of Abraham Lincoln’s Thanksgiving proclamation at some point. But even those who have heard it many times can overlook two important aspects of this important document.

Alan Sears | November 25, 2011

Terri Schiavo would have been 48 this December 3 … not a major mile-marker among we, the living, but a cause for reflection for those who loved her, and for all those who fought so valiantly to save her, in those terrible years and months and days before she was starved to death, by court order, in March, 2005.

Nathan Slaughter | November 25, 2011

But thanks to horizontal drilling and fracking technologies, the United States is now awash in accessible, cleaner-burning natural-gas resources. And the resulting flood of natural gas has created a surplus, causing prices to collapse.

Daniel J. Mitchell | November 25, 2011

The key takeaway is that the IRS collected fives times as much income tax from the rich when the tax rate was far lower. This isn't just an example of the Laffer Curve. It's the Laffer Curve on steroids

Dave Ramsey | November 25, 2011

It’s simple. Mobile homes go down in value. When you buy a house, it goes up in value in the long run. From a financial standpoint, mathematically, when you buy a mobile home, you’re buying a very large car in which to live.

Paul Kengor | November 25, 2011

From my Religious Left friend, Jim Wallis: "It's time to invite the Occupy Movement to church! And Thanksgiving is the perfect occasion." Good luck, Jim. I sincerely hope things in New York in 2011 turn out better than they did in Chicago in 1969.

Nate Kellum | November 25, 2011

Christmas is a wonderful time of year. Lights and carolers, sleigh rides and family gatherings, colorful trees and presents that bring a sparkle to children’s eyes. It is a time of giving and a time of cheer, and for many, it truly is “the most wonderful time of the year.”

Mike Shedlock | November 25, 2011

In a 3-year study, EU concluded there is no evidence that drinking water can cure dehydration and has banned bottles from stating that claim. Violators are subject to two years in jail.

Bob Beauprez | November 25, 2011

Since the ObamaCare legislation also requires every citizen to buy health insurance, the government mandate would force Catholics to buy health care plans that violate Catholic doctrine. Catholic insurance agents would face the additional dilemma of selling a product that violates the moral teachings of the Church, or change professions.

Marita Noon | November 25, 2011

We all know that President Obama is not immune to the influence of donors on his decisions. With less than twelve months until the 2012 election, both the unions and the environmentalists will be buying—oops, I mean vying for—his favor.

Mark Baisley | November 25, 2011

The coming of Spring must have seemed an arduous relief for those whose quest for freedom was so buffeted by the hostilities of nature and man. In March of 1621, a bold and enterprising Wampanoag named Samaset brought Squanto to the Pilgrims.

Crista Huff | November 25, 2011

ONEOK shares recovered from the 2008 Financial Meltdown by early 2010, traded in a previously-established trading range until December 2010, then broke out to establish a new trading range in 2011 of $64 to $76.

Political Calculations | November 25, 2011

In a sense, Oprah's annual income represents the direct transfer of the income earned by lower-earning women to her.

Bill Tatro | November 25, 2011

When John Ransom asked me to be a regular contributor for Townhall Finance, I thought that writing one column per week would be a fairly easy task.

Larry Kudlow | November 25, 2011

With a great feeling of loss and sadness, I want to join with so many others to mourn the passing of Ted Forstmann, the brilliant financier, entrepreneur, and free-market capitalist.

Thu, Nov 24, 2011

Hugh Hewitt | November 24, 2011

On Veteran’s Day my radio show featured interviews with more than a dozen seriously wounded Marines and Navy personnel who are beneficiaries of the Injured Marine Semper Fi Fund

Jackie Gingrich Cushman | November 24, 2011

The first "official" Thanksgiving was celebrated 222 years ago. President George Washington's first presidential proclamation designated the 26th day of November to be set aside for giving thanks.

Michael Barone | November 24, 2011

We are in the midst of the 11th presidential nominating cycle since party commissions and state laws made primaries the predominant method of choosing national convention delegates in 1972.

Victor Davis Hanson | November 24, 2011

Nominating Mitt Romney is sort of like taking grandma's castor oil. Republicans are dreading the thought of downing their unpleasant-tasting medicine but worry that sooner or later they will have to.

Larry Elder | November 24, 2011

There ain't no such thing as a free lunch. Everything demanded by the Occupy Wall Streeters -- whether "free" health care, a "world-class education" or a "guaranteed living-wage income regardless of employment" status -- costs money.

Jeff Jacoby | November 24, 2011

With our music teacher, Mrs. Feigenbaum, at the piano playing the melody – the Toreador's Song from the opera "Carmen" – and the lyrics handed out to us on mimeographed pages, my 4th-grade classmates and I practiced one of the songs we were learning for our school's Thanksgiving assembly.

Judge Andrew Napolitano | November 24, 2011

What if the whole purpose of the Constitution was to limit the government? What if Congress' enumerated powers in the Constitution no longer limited Congress, but were actually used as justification to extend Congress' authority over every realm of human life?

John Ransom | November 24, 2011

Last week I think I agreed to be a liver donor at a Christian woman’s book club luncheon that was raising money for orphaned puppies in Tanzanika.

Ken Blackwell | November 24, 2011

In these days of Occupy Wall Street demonstrations across the U.S., it’s important to see what motivates Obama administration policies here and abroad. Mr. Obama, as a candidate, had to bat away accusations that he was close, too close, to Rashid Khalidi, a radical Palestinian Arab intellectual.

Cal Thomas | November 24, 2011

For more than half my life I was a 99-percenter. I kept my first pay stubs in the news business to remind me where I came from and what was necessary in order to get where I am today.

Debra J. Saunders | November 24, 2011

For the most part, President Barack Obama has squandered his presidential pardon and commutation power.

Donald Lambro | November 24, 2011

Abraham Lincoln acknowledged in his 1863 proclamation for a day of Thanksgiving that it was hard for many Americans to be thankful "in the midst of a civil war of unequalled magnitude and severity."

Steve Chapman | November 24, 2011

When I graduated from college in 1976, I got a job in Washington with the National Taxpayers Union, which was working to get a constitutional amendment to require a balanced federal budget. Someone graduating today could sign up there and pursue the same goal.

Alan Sears | November 24, 2011

In late 1620, Pilgrims aboard the Mayflower reached the New World to found what would become Plymouth Colony. Governed by the Mayflower Compact—the representative government established through it—they thanked God for their safe voyage and disembarked the vessel with a cold winter before them.

Emmett Tyrrell | November 24, 2011

On Sunday morning we lost a big-hearted prodigy: Teddy Forstmann, financier, political player, philanthropist (especially for the young and those in education) and a bit of an adventurer. I know -- I accompanied him on some and feared for my life. He was a member of the Board of Directors of The American Spectator in the 1980s and early 1990s.

Peter Ferrara | November 24, 2011

The history of America's recessions is provided at the website of the National Bureau of Economic Research (NBER). Before this last recession, since the Great Depression recessions in America have lasted an average of 10 months, with the longest previously lasting 16 months. Yet here we are 47 months after the last recession started, and we still have no real recovery.

Jeff Carter | November 24, 2011

I don’t think the average person on the street understands the fiduciary breach that Corzine and MF made with the industry. It would be like your bank taking your checking account funds and using it to plug holes in the cash flow of the business. Then, declaring bankruptcy and you not being able to get any of your money-with a high probability of you losing all of it.

Mike Shedlock | November 24, 2011

Eventually, there will come a time when a populist office-seeker will stand before the voters, hold up a copy of the EU treaty and (correctly) declare all the "bail out" debt foisted on their country to be null and void. That person will be elected.

Brian and Garrett Fahy | November 24, 2011

Against the backdrop of the forthcoming Supreme Court challenge and GOP nomination process, where the candidates debate the best policies for the “replace” plank of the GOP’s “repeal and replace” agenda, emerges the third dimension of the national health care debate: state-based health care reform

Crista Huff | November 24, 2011

The four stocks recommended by MS are Yum! Brands, CBS, Coach and McDonald’s. Let’s look at their earnings growth rates, other fundamentals, and charts, to identify which might be good investments, at what prices.

Bob Goldman | November 24, 2011

Given all these wonderful, admirable characteristics, the only reason you wouldn't be the boss's pet is because that boss is a complete idiot.

Wed, Nov 23, 2011

Ann Coulter | November 23, 2011

Bored with the Penn State scandal because it didn't implicate any prominent Republicans, the mainstream media have suddenly become obsessed with Grover Norquist's "Taxpayer Protection Pledge." They are monomaniacally fixated on luring Republicans into raising taxes.

Janet M. LaRue | November 23, 2011

Psychiatrist Karl Menninger, founder of the Menninger Clinic, raised the question, “Whatever became of sin?” in his 1973 book title. There was a time when U.S. presidents made certain that our sin didn’t fade from our national conscience. Not this year.

Humberto Fontova | November 23, 2011

“Of all the people I interviewed in New Orleans regarding the Kennedy assassination, Carlos Bringuier was the one I trusted most. I could see in his eyes he was always telling me the complete truth.”

Michael Brown | November 23, 2011

I can give you a long list of reasons why it is preposterous to suggest that Almighty God, the Creator of the universe, is performing football miracles for Tim Tebow.

Marybeth Hicks | November 23, 2011

We ought not ask ourselves if we have more or less to be thankful for. It’s the same year in, year out, from beginning to end: we’re meant to be thankful for life, marked by every kind of human experience, and devised for gratitude to the One who created us.

Tony Katz | November 23, 2011

In the Nevada Development Authority's latest ad on Fox News, entertainer Clint Holmes, broadcasting from McCarran Airport in Las Vegas, extols the airport's frequent-flier-friendliness and the virtues of living and working in Nevada.

Thomas Sowell | November 23, 2011

If you think the goal was to solve the country's fiscal crisis, then obviously the Super Committee was a complete failure. But, if you think the goal was to improve the chances of the Obama administration being re-elected in 2012, it was a complete success.

Michelle Malkin | November 23, 2011

On March 5, my 18-year-old cousin disappeared from her University of Washington campus in Seattle. Marizela Perez -- 5-foot-5, 110 pounds, short black hair with brown/red highlights and bangs cut into an asymmetrical bob, wearing a dark hooded jacket, jeans and light brown suede boots -- was last seen at a Safeway grocery that fateful Saturday afternoon.

John Stossel | November 23, 2011

We're proud that America is the land of free speech. That right is recognized in the First Amendment, and we usually take it seriously. It wasn't always the case.

Walter E. Williams | November 23, 2011

The prospects are dim for a society that makes mascots out of the unproductive and condemns the productive.

Brent Bozell | November 23, 2011

After the national media spent the month of October chronicling the "historic" Occupy Wall Street protesters in what Diane Sawyer bizarrely blurted out as happening in "more than 1,000 countries," the myth began to melt.

Mike Adams | November 23, 2011

That Takamine guitar just sat in the corner of my closet for three years. The bag of Lee Oscar harmonicas sat right next to it collecting dust. Then, one day during the late summer of 1996, I got a phone call from my old friend Harry Wilson.

Jonah Goldberg | November 23, 2011

Whether the matchup between Newt Gingrich and Mitt Romney is the final bout on the GOP primary card is impossible to know. The whole season has been more like professional wrestling than boxing, with weird characters sporting implausible hair appearing out of nowhere to talk smack and explain why they are the greatest in the world. (I'm looking at you in particular, Mr. Trump.)

John Ransom | November 23, 2011

Now, in a form of poetic justice that shows that God has a sense of humor and a long memory, the GOP just may be given back that moment of opportunity in 1994 when the Contract with America propelled the House to a Republican majority for the first time in 40 years.

Tony Blankley | November 23, 2011

As we approach the festive season -- the elongated, enchanting month from Thanksgiving through Christmas to New Years -- my mind has been drifting through various memorable past holidays.

Michael Medved | November 23, 2011

If demography is destiny, the Democratic Party could be facing big trouble.

Terry Jeffrey | November 23, 2011

Will Michelle Obama's efforts as first lady help or hurt American children and the nation in which they live?

Ben Shapiro | November 23, 2011

The first object of government, wrote James Madison in Federalist Paper No. 10, was to protect the American people from deep turkey fryers. Oh, wait.

Jacob Sullum | November 23, 2011

Clearly what we need is a super-duper committee.

Rebecca Hagelin | November 23, 2011

As we head into Thanksgiving, life’s pretty rough for many Americans. A new survey shows that our national pessimism is at an all-time low, particularly on financial matters. Ninety percent of Americans say this is a tough time to get a job and seventy percent rate their own financial situation as “fair” or “poor.” Even the price of a Thanksgiving dinner is up 13% over years past.

Jeff Carter | November 23, 2011

Corzine committed fraud in my opinion. It was a cardinal sin. The one thing you don’t do is touch your customers' money. What he did is no different than bank robbery.

Political Calculations | November 23, 2011

The fallout from the 2007 recession significantly hurt small turkey producers who, in addition to having to deal with reduced demand for their products from people whose economic livelihoods were most affected by the recession, have also been hit by rising costs of production, especially in the form of higher prices for feed corn, thanks to the government's increasing ethanol mandates.

Mike Shedlock | November 23, 2011

Panic is spreading says Steen Jakobsen, chief economist at Saxo Bank. Steen eyes the perfect storm including a potential "Chapter 11" call for European banks.

Mark Calabria | November 23, 2011

I repeatedly watched, while working in the Senate, Fannie/Freddie invoke their “private” nature in order to avoid regulation while invoking their “public” nature to gain protection and privilege. The result was little accountability from either the market or the government.

Carrie Schwab Pomerantz | November 23, 2011

The easy answer to your question is no, the recipient never has to pay income taxes on a gift or inheritance, no matter the amount.

Robert Knight | November 23, 2011

Next March, the U.S. Supreme Court will hear the challenge by 26 states and the National Federation of Independent Business to the constitutionality of the Patient Protection and Affordability Act, better known as Obamacare. A ruling is expected by mid-summer.

Ken Connor | November 23, 2011

According to its website, "for more than 90 years, Planned Parenthood has promoted a commonsense approach to women's health and well-being, based on respect for each individual's right to make informed, independent decisions about health, sex, and family planning."

Tue, Nov 22, 2011

Paul Greenberg | November 22, 2011

At press time, the leading non-Romney in the Republican presidential race was Newt Gingrich. It's not easy keeping up with who holds that distinction, it changes so rapidly. Is it Michele Bachmann, Rick Perry or Herman Cain today? Ring around the rosie, they all tend to fall down once they're closely examined. For the moment it's Newt. (It's hard to resist calling so familiar a figure on the American celebrity/scandal scene by his first name.)

Rachel Marsden | November 22, 2011

It's been a rough month for Canada. America's biggest trading partner and overall non-jerk country just wants to sell some oil to its friends. Canada is sitting on a black-gold mine, but its oil sales are unable to keep pace with production -- a problem that will only increase as the nation further taps the Alberta oil sands and Arctic territory.

Donald Lambro | November 22, 2011

The so-called "supercommittee" was doomed from the start, a victim of pie-in-the-sky thinking that a small, secretive legislative cabal could fix the debt crisis.

The idea that six Republicans and six Democrats in the midst of a highly charged election cycle could produce a budget-cutting plan within a few months was preposterous at best.

Armstrong Williams | November 22, 2011

I provide this backdrop because you have to see that once again those who have a fiduciary responsibility to protect investors failed.

Crystal Wright | November 22, 2011

I bet you didn’t know President Obama had a Black agenda. Apparently, he does.

Thomas Sowell | November 22, 2011

"Alice in Wonderland" was written by a professor who also wrote a book on symbolic logic. So it is not surprising that Alice encountered not only strange behavior in Wonderland, but also strange and illogical reasoning -- of a sort too often found in the real world, and which a logician would be very much aware of.

Chuck Norris | November 22, 2011

I also detailed how the mainstream media are accelerating their progressive blitz not only to hasten the second coming, or election, of President Barack Obama but also to help him and other progressives in reaching their final goal of "fundamentally transforming the United States of America."

Mike Adams | November 22, 2011

Some twenty years ago, there was a rough-looking man who used to frequent the Mississippi bars where I once made my living playing music in acoustic duos and trios. I remember him because he always stood in the back and applauded enthusiastically. He would even shout out words of encouragement in between requests. I remember that he liked the Allman Brothers and wished we would play more of their songs.

David Limbaugh | November 22, 2011

President Obama's cheerleaders are starting to peel away along with his approval ratings, and it's a fascinating sight to behold. They offer different reasons, but they all boil down to one obvious thing -- Obama is first and foremost about Obama -- and one less obvious: He has been a failed president.

Mona Charen | November 22, 2011

The initial shock of the child abuse scandal at Penn State was disturbing enough, but what came later may have been even more so. That Joe Paterno, other coaches and members of the administration failed in a straightforward, utterly uncomplicated moral task -- to protect defenseless children from rape -- is almost mind numbing.

Neal Boortz | November 22, 2011

The deficit super committee has now waved the white flag of defeat. They’ve thrown in the towel. They failed. And who among you thought it would be any other way?

Michael Reagan | November 22, 2011

Child rape is an unforgivable offense and should be severely punished. It should be a capital crime.

Cal Thomas | November 22, 2011

Now it's Newt's turn. Having risen to the top in some opinion polls, the former speaker of the House is taking heat for large consulting fees paid to him by the government-sponsored mortgage company Freddie Mac for wisdom a New York Times editorial said was so simplistic it might have come from a fortune cookie.

John Hanlon | November 22, 2011

“That was really an accident,” Mitch Albom recently called the publication of his first nonfiction book, “Tuesdays with Morrie.” At the time, the sports columnist was just trying to earn money to help pay his former professor’s medical bills. However, when the book was published, it became something more. An international sensation. It also changed Albom’s life.

Debra J. Saunders | November 22, 2011

A few months ago, Washington's big bad wolf was Republicans' refusal to compromise by supporting any deficit reduction plan that included tax increases. Republicans were unreasonable, editorial pages fulminated, obstructionist and standing in the way of meaningful reform.

Brian McNicoll | November 22, 2011

There is a problem with the Bowl Championship Series, but it’s not the one you probably think. College football doesn’t need a playoff. A traditional playoff system – an eight-team or even four-team bracket – brings nothing in the way of advantages over the current system and probably would make things considerably worse.

Phyllis Schlafly | November 22, 2011

A trigger provision, buried in U.S. laws since 1990, quietly took effect at the end of October. The U.S. taxpayers' annual donation of 22 percent to the United Nations Educational Scientific and Cultural Organization's budget was summarily terminated when UNESCO voted 107 to 14 (with 52 abstentions) to approve full membership for Palestine.

Brian Birdnow | November 22, 2011

Last Monday, November 14th, the National Broadcasting Corporation announced that have hired the estimable Chelsea Clinton as a full-time special correspondent for NBC News. The appointment, effective immediately, will assign Ms. Clinton to stories on the NBC Nightly News and its “Making A Difference” series, according to Steve Capus, President of NBC News.

Bill Murchison | November 22, 2011

In the great scheme of things -- greater things than worldlings imagine on a trip to the mall -- it doesn't matter a bit that Texas A & M and the University of Texas are winding up their celebrated Thanksgiving Day, football rivalry.

Matt Barber | November 22, 2011

While necessity is the mother of invention, sloth and envy beget mediocrity and upheaval – the twin siblings of secular-socialism. It is in this vein that a rebellious and increasingly violent spirit of incoherent anarchy continues to fester in urban centers across the nation. This is most evident in the form of the envy-driven "Occupy wherever" nonsense embraced by the "progressive" establishment.

Jeff Carter | November 22, 2011

Many Democrats are crying out for Hillary. The problem is, Hillary is Obama. She was an integral part of his administration-both foreign policy and domestic policy.

Political Calculations | November 22, 2011

Let's start by looking at the number of turkeys produced in the United States through 2010. Here, we find that the number of turkeys fell by 3 million, or 1.2%, to 244 million, the lowest level recorded since 1989, the year for which our National Turkey Federation first provides data.

Mark Calabria | November 22, 2011

Central to that discussion is the fact that Dodd-Frank grants administrative agencies — including the newly created Financial Stability Oversight Council and Bureau of Consumer Financial Protection — broad and unchallengeable discretionary authority. Does Dodd-Frank provide effective oversight by any branch of government — Congress, the president, or the judiciary?

Nathan Slaughter | November 22, 2011

Many income investors have heard of these partnerships, but I know most haven't. MLPs run critical "midstream" energy infrastructure -- the pipelines, storage tanks, terminals and ships that move energy from producer to user.

Ralph Benko | November 22, 2011

The Supercommittee, if rumor, speculation and common sense can be credited, now will shirk its role as political suicide bomber. The Supercommittee was created in a fit of ambiguous revulsion against the truly gargantuan, obnoxious, deficit. It got off on a macho, but false, premise: that the path out was by mutual pain: raising taxes and cutting entitlements.

Carrie Lukas | November 22, 2011

Is anyone really surprised that the Super Committee is failing to reach a deal to cut $1.2 trillion over ten years from the federal budget? Surely, the answer is no. This seems almost the inevitable conclusion of the predictable drama that began last summer, when last minute, debt ceiling negotiations punted the bigger budget questions to a Congressional “Super Committee” to convene in the fall.

David Sterman | November 22, 2011

Short sellers targeting retailers often go right to the inventory line on the balance sheet, as a growing pile of unsold merchandise implies sales weakness. Though inventories fell modestly in the most recent quarter, they are far higher than a few years ago.

Daniel J. Mitchell | November 22, 2011

Let’s put all of this in context. As demonstrated here, the U.S. would enjoy a balanced budget in just eight years if politicians could be convinced to limit spending so that it increased by 1 percent each year.

Bill Tatro | November 22, 2011

Congratulations: John and Mitch, you got suckered, and it's been called into question whether or not you ever played poker before.

Mike Shedlock | November 22, 2011

In Europe the two new Super technocrats (Papademos and Monti) meets with EU officials over the course of next two days.

Gil Morales and Chris Kacher | November 22, 2011

The narrowing price band in the NASDAQ Composite and S&P 500 from October 27 to November 15 led some to logically believe that a tightening price structure could result in a new uptrend. Such was not the case as is the nature of frustratingly noisy, trendless markets.

Bob Beauprez | November 22, 2011

While the public and most politicians are repulsed by bailouts and disparate executive compensation, little outrage is directed at the two biggest offenders, Fannie and Freddie. As pointed out by Investor's Business Daily, of the $700 billion in TARP bailouts to private financial institutions, more than 97 cents of every bailout dollar either has already or is expected to be repaid. Meanwhile, Fannie and Freddie have sucked up $170 billion to stay afloat.

Mon, Nov 21, 2011

Jeff Jacoby | November 21, 2011

THE TREASURY DEPARTMENT reported last week that the national debt had surpassed $15 trillion, clocking in at precisely $15,033,607,255,920.32 as of the close of business Tuesday.

Floyd and Mary Beth Brown | November 21, 2011

Washington is once again in a deal making mode, and you are about to lose again. When Congress passed the massive debt increase bill earlier this year, it abdicated legislative responsibility to craft a solution to the spiraling debt. They gave the legislative responsibility to what Congress calls the Joint Select Committee on Deficit Reduction.

Rich Galen | November 21, 2011

I believe that the need to appoint a Super Committee in the first place was a failure of governance on the part of both parties, in both Chambers and, just to complete the rogues' gallery, on the part of the President of the United States.

Frank Gaffney | November 21, 2011

Fred Grandy is one of the smartest – and certainly most respected men – in Washington. He achieved that reputation the old fashioned way: He earned it as a former Congressman, successful non-profit business executive and long-time top-rated talk radio show. So when he warns Republicans that they have entered a potentially fatal “box canyon,” they should listen.

Michael Brown | November 21, 2011

Rush Limbaugh has now confirmed what I wrote last week, explaining to a caller on Friday, November 18th that the elephant in the room in the Penn State scandal was that the alleged pedophile acts committed by Jerry Sandusky were homosexual in nature.

Paul Greenberg | November 21, 2011

Would those first pilgrims look with envy at all that has been wrested from the wilderness they encountered, and that encountered them? Surely, they would find reason to give thanks as they looked on the fruit of their quest, for they were not ones to be embarrassed by prosperity; they worked for it, prayed for it, blessed it, were grateful for it. They did not divorce the spiritual from the material, but sought to wed them, which remains the American way. They sought abundance -- an abundance of blessings.

Rich Tucker | November 21, 2011

Netflix recently announced it had lost 800,000 subscribers in the third quarter of this year. No surprise there, really. The company effectively tried to double what it charged consumers, and many instead headed for the exit.

Byron York | November 21, 2011

What can Rick Perry do now? Polls show his ratings being pulled down, down, down by the combined weight of poor debate performances, lackluster campaigning and a spectacular gaffe.

Michael Barone | November 21, 2011

Supercommittee members Sen. Pat Toomey and Rep. Jeb Hensarling are taking flak from some conservatives for proposing a deal including increases in "revenues," and a Washington Post reporter had some fun insinuating that they were backing a tax-rate increase.

Mike Adams | November 21, 2011

There’s big news breaking simultaneously in the world of entertainment and in the not-so-different world of politics. Jerry Lewis is coming out of retirement. And he’s doing it just in time for the first annual Occupy Wall Street Labor Day Telethon.

Star Parker | November 21, 2011

By the end of next summer we’ll know if the federal government can force individuals to buy health insurance and if they can force states to comply with a newly expanded Medicaid program.

John Ransom | November 21, 2011

Obama was more believable in the role of the do-nothing Senator than he has been as president. And there is a real danger that before our current chicken-in-chief can go back to writing fictionalized accounts of his own, heroic, do-nothing life that the USA will become the United States of Europe.

Katie Kieffer | November 21, 2011

Like a good neighbor, Canada is there—offering America tens of thousands of jobs, protection against soaring gas prices and up to 700,000 barrels of crude oil a day for Oklahoma and Gulf Coast refineries to process—if America accepts TransCanada’s proposal to build the Keystone XL pipeline from Alberta’s tar sands to the Gulf Coast.

Lurita Doan | November 21, 2011

If Congress was ever in search for a theme song, it would surely be the 60’s hit by Sonny and Cher called—“The Beat Goes On”. Americans received yet another reminder of just how far this group of fiscal miscreants will go to avoid making tough budget decisions when Congress passed a “minibus” spending bill.

Terry Paulson | November 21, 2011

Liberal politicians and the occupiers who are encamped in our cities are selling a discouraging story that the American Dream is dead and out of the reach for the average citizen without government actively engaging in wealth redistribution and entitlement programs.

Bruce Bialosky | November 21, 2011

What we have are the young Americans of the Occupy generation, a group of people who went through college expecting (yes, expecting) that upon graduation, they would be rewarded with a job where they would continue to be pampered. Someone needs to slap these kids across the head.

Dan Holler | November 21, 2011

Two weeks ago, America witnessed the absurdity of a relatively obscure law when the Obama administration announced a 15-cent tax on Christmas trees. After the diligent research of The Heritage Foundation prompted a public outcry, the administration quickly postponed (but not eliminated) the tax. Perhaps more interesting is how the tax came about.

Daniel J. Mitchell | November 21, 2011

I consider myself a tough-on-crime conservative, but mixed with a strong libertarian belief in individual rights. As I said in an earlier post, the real key is to make sure laws are just.

Political Calculations | November 21, 2011

If you ever find yourself unemployed, never, never, ever spend more than the minimal amount of time that you are required to in a government job placement office.

Jeff Carter | November 21, 2011

We have been trying to bail out banks and other companies worldwide since the crisis first manifested itself in August of 2007. It’s been one bad decision after another.

Mike Shedlock | November 21, 2011

In a world of global economic denial about the Euro, about deficits in the US, about housing bubbles in Australia, China, and Canada, and in general denial about every economic woe the world faces, one might ask "why this astonishing admission?"

Bob Beauprez | November 21, 2011

Regrettably, the announcement by DHS is the latest in a long list of government inaction when it comes to enforcing America’s immigration and criminal laws. This form of selective enforcement also ignores the harm illegal immigration poses on citizens and legal immigrants alike.

Chris Poindexter | November 21, 2011

What European commission has done, on an economic parallel, is to cock their gun and point it at Switzerland, telling them to give Greece their money back.

Gina Loudon | November 21, 2011

This means that when lenders refinance loans through HARP 2.0, they are free of any legal obligations to the old or the new loan. (Borrowers, make sure you read the fine print!)

Sun, Nov 20, 2011

Paul Jacob | November 20, 2011

Marx said class conflict arises from the modes of production. Well, the ultimate class conflict is between workers who produce and get paid from trade revenues, and those who work for government and get paid from taxes.

Doug Giles | November 20, 2011

A public school in Toronto has put a ban on most balls their kiddos toss around during recess because school administrators have deemed such projectiles dangerous. Well hello, wittle wussies.

Derek Hunter | November 20, 2011

Watching the “Occupy Wall Street” mutants (as I less-than-affectionately call them) riot on Thursday as part of their “Day of Action,” I couldn’t help but notice a striking resemblance to children throwing temper tantrums. And I couldn’t help but think: Why would adults act this way?

John Ransom | November 20, 2011

Forget who's president. The chart shows clearly that when the GOP controls both houses of Congress that the amount of federal debt goes down. It also shows that when Democrats hold sway in Congress debt goes up…way up.

Austin Hill | November 20, 2011

“I only care about the moral issues.” If I’ve heard that phrase once, then I’ve probably heard it a few hundred times in recent years.

Debra J. Saunders | November 20, 2011

President Barack Obama likes to brag that his energy secretary, Steven Chu, won a Nobel Prize in physics. You would think that means that Chu is a brainiac who makes shrewd decisions and is extremely aware of whatever is happening around him.

Kevin McCullough | November 20, 2011

Ann Coulter, without question, holds a certain degree of "importance" in the weekly debate over the jot and tittles of the debate between the left and right in America.

Steve Chapman | November 20, 2011

He's a responsible, well-spoken adult with a good record in office, a soothing style, bipartisan appeal and ample knowledge of the world beyond our shores. But Jon Huntsman, a candidate for the Republican presidential nomination, somehow imagines he can overcome those handicaps.

Bob Beauprez | November 20, 2011

Federal law requires recusal from a case if a judicial officer of the United States “has served in governmental employment and in such capacity participated as counsel, adviser or material witness concerning the proceeding or expressed an opinion concerning the merits of the particular case or controversy.

Daniel J. Mitchell | November 20, 2011

Republicans are considering a surrender on taxes because they are afraid that a deadlock will lead to a sequester, which would mean automatic budget savings. And the sequester, according to these politicians, would “cut” the budget too severely.

Mark Calabria | November 20, 2011

This short, accessible book about the U.S. dollar by Barry Eichengreen, an economics professor at the University of California, Berkeley, may be one of the most important published this year. Whether the dollar remains king will have a tremendous impact on American businesses, and some will lose, and others will gain. Just as importantly, the relative strength of the buck will help determine the fiscal options available to the U.S. government in the years ahead.

Mike Shedlock | November 20, 2011

These coalition "unity" governments in both Greece and Italy are struggling already, and over things that would seem to be a given like signing a document that appears to be a formality to what has been agreed upon.

Amy Oliver | November 20, 2011

Taxpayer subsidies to uber-rich corporations such as Goldman Sachs and billionaire investors such as Pat Stryker are one thing, but most devastating is what they do to energy costs and the economy. And it's the working poor that pays the bill.