Just about every industrial country except the US provides relief for the double taxation of corporate equity, either by having a lower personal rate on dividends, a personal tax credit for dividends, or a lower corporate-level tax.
Pat Buchanan did something dreadful. He said politically incorrect things…incendiary, in fact and faces punishment in a New America where free speech is now applied more to rights to pornography and protections for curse words than to actual ideas.
If Obama made as many easy economic decisions as he has had vacations this year, we’d be seeing decent economic growth. In fact, if we could get Obama to take more vacations and not make ANY decisions, it’s likely real unemployment-U6- wouldn’t be at 16 percent and climbing.
Is this a rerun? Why does the Mitt Romney and Newt Gingrich political drama feel so eerily familiar? Alas, this schismatic plot has been acted out before on the stage of GOP presidential politics; except the original cast weren’t named Mitt and Newt—they were named Nelson and Barry.
As the U.S. economy continues to shudder, Americans find themselves in a tight spot. 2011 was the worst year on record for home sales, unemployment claims rose markedly in the 4th quarter, and the high energy prices we have endured are set to worsen with gasoline expected to top $4 a gallon this summer. Nevertheless, money continues to come easy for those on the government dole.
One of Newt Gingrich’s rivals just before the South Carolina primary criticized him for his claim of having created millions of jobs, saying “Congressmen taking responsibility or taking credit for helping create jobs is like Al Gore taking credit for the Internet.” This charge of self-aggrandizement didn’t stick to Gingrich (many of whose stands have engaged this columnist’s personal enthusiasm and support). Instead Gingrich stunned the pundits by a double-digit spread victory, close to a 30 point swing from January 9.
close your eyes and envision a different map. Instead of American states, imagine a map of the world. And think what it will look like if Obama succeeds in imposing all the tax increases he has endorsed.
No doubt Deborah Scroggins believes she just published a dual biography of Ayaan Hirsi Ali, former Dutch parliamentarian, and Aafia Siddiqui, jailed al-Qaida terrorist, and so she did. What may surprise the biographer, however, is that she also provided a third study: post-9/11 moral equivalence.
Gingrich is the personification of everything that’s wrong with politics. At time when a large portion of the Republican Party is adopting the limited-government beliefs of the Tea Party, Gingrich is trying to position himself as the conservative candidate in the race.
So, it turns out that the cool cat billed as "No Drama Obama" by his sycophants is actually quite the drama queen. While the White House publicly pretends to ignore conservative detractors of his administration, Chief Touchy-Touchy seems to be personally consumed by our critiques. Yes, mine included.
Remember when Don Imus saw his cushy CBS Radio and MSNBC career go up in smoke in 2007 when he tried very early one morning to make one of his fake misanthropic jokes about the Rutgers women's basketball team being "nappy-headed hoes"? Black activists demanded his firing. Advertisers fled. The corporate suits, appalled and fearful of the terrible publicity, canned him.
Only a president long shielded from criticism and accountability could make the kind of State of the Union speech President Obama did Tuesday night. It's hard to know where to begin, given his repetition of tired ideas from his previous SOTUs, his taking credit for successful policies he resisted and omitting failed ones he promoted, his numerous misrepresentations on issues big and small, and his glaring refusal to address the main issues that threaten the nation.
Newt Gingrich has surged to the lead in the race for the Republican presidential nomination with the strong support of evangelical Christian voters. To some, given Gingrich's personal life, this support is puzzling. Whatever else people say about Mitt Romney, his personal life seems above reproach and a good role model for others.
It's an unwritten law of modern America that a political campaign speech should last no more than 30 minutes. The lecture candidate Barack Obama delivered on the evening of Jan. 24 in the House chamber of the U.S. Capitol came in at just longer than one hour and six minutes.
There's a debate just behind the Republican search for a winning candidate, just at the edges of President Obama's campaign for re-election, about whether America is finished. These debaters put it in the form of a polite academic question: Is America in decline?
One thing was missed in Newt Gingrich's victory in the South Carolina primary: Conservatives embraced a pro-amnesty candidate without batting an eyelash. This should come as a wake-up call to those who've been pushing a hard-line anti-illegal immigrant position in the Republican Party.
Royalty trusts boast some of the highest yields on the market -- typically 6% to 8%, but payouts north of 10% aren't uncommon. And aside from writing generous paychecks every quarter, many of these securities have also delivered triple-digit share price appreciation.
I’m not sure what my reaction is to Newt’s latest brain fart. For lack of anything clever, let’s just say I’m bemused by his proposed galactic boondoggle.
If we look just at the micro-trend established since 26 November 2011, when the level of volatility in the data really took off, the data suggests that the rate of improvement in the number of new jobless claims filed each week is leveling off between 370,000 and 380,000.
Democrat Susan Bonamici is such an embarrassment to her party, that national Democrats have been forced to dump at least $1.5 million into her efforts to win a special election in Oregon’s First District – a district Obama won with 62 percent of the vote in 2008. The district covers the northwest corner of the state, including southwest Portland.
With breaking news of a U.S. Navy SEAL team successfully rescuing two hostages from pirates in Somalia, military pundits are quick to note how the deployment of small, elite units will fit in with President Barack Obama’s vision for modernizing the U.S. military.
We have all been humiliated at the hands of the Transportation Security Administration, but this time the TSA may have to pay a price for stepping over the line.
Congress is supposed to represent the interests of everyone. But what happens when powerful special interests contribute heavily to lawmakers’ election campaigns? Last week Americans on the political right and left lined up to oppose SOPA, the Stop Online Piracy Act, and its Senate counterpart PIPA, the Protect IP Act.
Summertime is usually when TV networks air repeats of shows we've already seen. In his State of the Union Address Tuesday night, the president got a five-month jump on the summer season by re-running a class-envy video he has broadcast more times than local stations have shown episodes of "The Andy Griffith Show."
Americans like “freedom.” The very word conjures up powerful images: The Spirit of 1776, the allied victory in World War II, or the West’s victory in the Cold War that spread freedom beyond the Berlin Wall. But freedom isn’t always and everywhere on the march.
When Republican presidential candidate Mitt Romney casually estimated that his effective tax rate is around 15 percent, progressives immediately pounced on the issue. To this ideological minority with its Ahab-like obsession on class warfare, a rich American paying an effective tax rate of “only” 15 percent is, a priori, a scandal of the first order.
For 65 years Pakistanis have been conducting one of modern history’s great experiments: Can a nation conceived as Islamic be free and democratic-- the vision of Pakistan’s founding father, Muhammad Ali Jinnah? Or will Pakistan’s identity be defined by “forces that want us to live in fear—fear of external and internal enemies."
The sweat somehow made the moment more real. There we were, standing on the stage at the Hilton Hotel in Downtown Columbia, S.C., on Saturday night with my dad, Newt Gingrich, celebrating his primary victory. It was the sweat rolling down the faces and dripping off the noses of the television cameramen, photographers, audience members and even those on stage celebrating that transformed the almost surreal scene into reality.
The president and the Chicago Gang as well as their allies in Big Labor want the GOP nominee to be Newt Gingrich.
You know politicians are serious when they move from campaigning to governing. Something like that may be happening on the Republican campaign trail -- but, unfortunately, not at the Obama White House.
There is a bumper sticker I have often seen displaying these four simple words: “A Black Man Can.” The words could be taken in either of two ways. One interpretation is liberal - calling for whites to stop discriminating and give black men a chance. Another interpretation is conservative - suggesting black men can achieve without the help of government programs.
In case you missed it, and many did, President Barack Obama gave his annual “State of the Union” address last night. All the pageantry, the pomp…the demagoguery, what’s not to watch? In light of President Obama’s promises and agenda, perhaps it would be useful to analyze his address through the lens of the founding generation.
Toward the end of his State of the Union speech, President Barack Obama observed that Washington politicians should learn from the example of the U.S. military: "When you're marching into battle, you look out for the person next to you, or the mission fails."
Never before have debates in the primary/caucus season ever meant so much to the final outcome of the vote than this year.
“That’s his strategy … to demonize Congress, to complain because he can’t continue to get everything he wants, like he did the first two years,” senate Minority Leader Mitch McConnell (R-Ky.) told The Kudlow Report Monday. “It’s all about his re-election and not about the country.”
This is a massive backdoor bailout of banks, mortgage companies, hedge funds, foreign banks, and anyone else holding mortgage related garbage.
I debunk the President’s class-warfare tax agenda by citing IRS data from the 1980s to explain that higher tax rates don’t necessarily mean higher tax revenue.
As a result of the smoke-and-mirrors Obama-spin, the following little exercise might be a good review. Credit is due to Barry Levinson, the famed Academy Award winning director, screenwriter, and producer who created and first published this two months ago in the Huffington Post.
One didn’t need to be a political insider to know that in this year’s State of the Union the president would address the public’s concern over scarcity of jobs and an unsteady economy. Attempts to assuage these worries included overviews of new proposals to spur growth and examples of success stories already unfolding as a result of his work.
FOR SHEER ANTIDEMOCRATIC GALL, it is hard to top the so-called "People's Pledge" signed on Monday by US Senator Scott Brown and Harvard law professor Elizabeth Warren. The agreement is designed to keep third-party advertising from playing a role in their closely-watched race for the seat that Brown won in a special election in 2010.
“We have now sunk to a depth where the restatement of the obvious is the duty of intelligent men.” --George Orwell
On Jan. 22, 1973, the Supreme Court handed down a decision in Roe v. Wade that literally wiped the abortion laws of all 50 states off the books. In one fell swoop, the court not only legalized abortion on demand, but pronounced abortion a fundamental right by saying that a so-called “right to privacy” found in the “penumbra” of the 14th Amendment extends to a woman’s decision to have an abortion.
As increased globalization forces countries to pretend that they like playing with all the other kids in the playground despite fearing they'll have their toys stolen, never has there been more blatant self-interest cloaked in the phony pretext of outreach or do-goodery. Nowadays, a country is expected to appear both broke and overtly generous -- otherwise, you're just a jerk.
One of the big things about the State of the Union address is talking about which Cabinet Secretary has been sent to an undisclosed location in case the Capitol Building goes up in a cloud of neutrons and there is no one left to run the government.
The murder of 30-year-old medical student Gelareh Bagherzadeh near her Houston home last week was surely meant to convey a message. This was no case of mistaken identity or random violence; what must be known about this remarkable young woman is that while she feared for her life she still spoke at every opportunity for freedom and women’s rights in Iran.
Had enough of fat cat Barack Obama, his jet-setting wife and his multi-millionaire Chicago consigliere/real-estate mogul Valerie Jarrett attacking the "rich"? Well, brace yourselves. You'll be hearing much more from the White House about the "wealthy few" who aren't paying their "fair share" as Obama's re-election campaign doubles down on class-war demagoguery.
Has Barack Obama learned nothing in three years? Last night, during his State of the Union address, he promised "a blueprint for an economy." But economies are crushed by blueprints. An economy is really nothing more than people participating in an unfathomably complex spontaneous network of exchanges aimed at improving their material circumstances. It can't even be diagrammed, much less planned. And any attempt at it will come to grief.
The Brian Williams MSNBC debate in Florida was not only dreadfully boring -- I never thought I could ever long for commercials -- it was pathetic. Freed of the fear of triggering an avalanche of applause against loaded questions, Williams and his co-moderators couldn't bring themselves to utter one single question asking the Republican candidates to respond to Obama's mistakes. For almost two hours, not one Obama failure was cited. Apparently, his record is spotless.
Last week marked the 39th anniversary of Roe vs. Wade, the U.S. Supreme Court decision that permitted abortions. Prior to that case, abortion was regulated by each state, and most of them prohibited it unless two physicians could certify that the baby growing in the mother's womb would likely result in the death of the mother. Even the states that permitted abortions when the pregnancy was caused by rape or incest, an extremely rare occurrence, did not permit it after the sixth month of pregnancy.
With Americans telling pollsters that they disproportionately disapprove of Barack Obama's job performance in his first term, advocates of his re-election must promise the public that another four years would represent a dramatic improvement.
This week marked the 39th anniversary of the greatest American moral tragedy of the 20th century: Roe v. Wade. And yet the left cheered this anniversary with the enthusiasm of an intoxicated teenager stumbling on a free copy of Penthouse. Planned Parenthood, which rakes in millions each year by performing abortions, asked via Twitter, "How has #Roe changed your life?"
Should war with Iran erupt, you can bet the 2012 election that the Obama administration hopes the national press will conveniently forget Ambassador Ryan Crocker's September 2007 reply to Rep. Tom Lantos' belittling question regarding U.S.-Iranian diplomacy. The American people shouldn't.
Sumday morning the word began to filter out. First it was a rumor, then the emails began arriving. Had the media jumped the gun again? But then the family released a statement. It was over. Joe Paterno, not only the football coach at Penn State, but the college's face -- and the face of honest college football -- had died.
It should be clear by now that Newt Gingrich, despite his denials, was lobbying for Freddie Mac, the home loan giant at the core of the subprime mortgage scandal.
Did you hear what happened to Aryeh Ralbag, chief rabbi of Amsterdam? He was suspended from his post by his own Orthodox Jewish community “for cosigning a declaration which said homosexuality was a ‘treatable’ inclination.” Oh the crime!
"If you win this case," Supreme Court Justice Stephen Breyer told Deputy Solicitor General Michael Dreeben during oral argument in U.S. v. Jones last fall, "there is nothing to prevent the police or the government from monitoring 24 hours a day the public movement of every citizen of the United States." That prospect, Breyer said, "sounds like '1984.'"
According to the New Testament gospel of Matthew, chapter 28, the messiah ascended into heaven, promising to return one day. In 2008, he made good on that promise, descending into Chicago’s Grant Park on a mission to redeem mankind and bring all men into a new promised land of his making.
The company is projecting long-term annual earnings growth of 10% to 15% per year. Gross margins are expanding, and stock repurchases -- which will come in at about $450 million for full-year 2011 -- are coming from continued strong free cash flow.
It is amazing how stupid a lot of people are on taxes, and how the extremely wealthy earned their money. Unfortunately, it’s easy to demagogue the big numbers and the tax rates. But reading what’s behind those numbers is wonky and something that most people don’t have the time or inclination to try and understand.
With the current yield on a 10-year U.S. Treasury Bond barely over 2% and most bank deposits earning next-to-zero interest, stocks that offer 10% and 12% dividend yields certainly look like attractive investments.
Romney’s remarks are amazingly misguided. Getting rid of the capital gains tax doesn’t result in a tax rate of zero. It simply means that there is no second layer of tax on top of the punitive 35 percent corporate income tax.
As far as Krugman and the Keynesians go, all one can say is the day of reckoning will arrive, yet the exact timing and nature of the ensuing credit crisis is unknown.
Willard Mitt Romney, born to family with a CEO, Governor one-time Presidential candidate father and U.S. Senate candidate mother, grew up around politics. He's entered into it throughout his career, first in 1994 when giving Ted Kennedy a run for his money, then again in 2002 when he won election as Governor of Massachusetts.
When President Obama adopted his “We Can’t Wait” program of violating the separation of powers and decided to govern by regulation instead of law, did he start damning his reelection chances?
hree primaries, three winners, no major consensus on who’s the party should nominate to run against an incumbent president. A fractured party based upon social issues, marital infidelity, wealth redistribution, economic inequality, and a growing deficit saw a series of different victories in early primary states. Such was the dilemma facing the Democrat Party in 1992.
As President Obama steps before the nation tonight, he will deliver a report to the American people on the condition of our country. The speech is the equivalent of Super Bowl Sunday for politicos in Washington, D.C. Commentators, policy experts, lobbyists, flacks and many others will be combing through the speech seeking mentions that affect clients or favored issues.
Just days before the South Carolina primary, polls showed Mitt Romney leading Newt Gingrich. Then came the debates and the question about Gingrich's private life, which brought a devastating response from the former Speaker of the House -- and a standing ovation from the audience.
During the practically endless series of Republican debates, we have heard almost every question imaginable asked to Republican candidates – if by every question imaginable, you mean horribly slanted, often irrelevant questions designed to make them look bad and help Obama.
Republican internecine squabbles this primary season seem to turn on the vying candidates' respective electability against incumbent Barack Obama. But if even uber-liberal New York Times columnist Maureen Dowd has finally awakened to President Obama's arrogance, what does it say about his electability?
Ann Coulter is wrong about Newt Gingrich. She is wrong about Mitt Romney. She is wrong about President Obama. Since the election race began, Ann Coulter has been wrong about near everything having to do with the GOP race in 2012. Yet, she's still smarter than near everyone out there. I love Ann Coulter, even when she's wrong.
He had a mistress who was pregnant and his wife had terminal cancer; he was running for president and the press knew all about it. But there was no firestorm in the media about this juicy scandal until after the election of 2008 because John Edwards is a Democrat!
As an American, a Republican, and a fiscal and social conservative -- and though I have endorsed no Republican candidate -- there is one thing that would disturb me greatly if Mitt Romney were not the Republican nominee: if Romney's Mormon faith were a factor in his defeat.
When Newt Gingrich called CNN anchor John King's decision "despicable" to begin last Thursday's GOP debate with a question about Gingrich's second wife, the Charleston audience responded with a standing ovation. Surely, I thought to myself, South Carolina Republicans are not going to vote for a candidate just because he is good at dressing down the media.
“A Tale of Two Missions” – a film by Juan Williams and Kyle Olson (and directed by Chicago-based Andrew Marcus) – tells the story of competing cultures in American education through examples from Chicago.
Score a victory for the environmental lobby—but not for the environment—and a big loss for the American economy. By now Americans everywhere have heard that the Obama administration rejected the Keystone pipeline project, which analysts project would, at a minimum, create thousands of jobs.
Write off the entire loan and there would be no chance of default. That does not mean it's a smart thing to do.
If you're just an average investor, how can you pick up on whether or not a company is cooking its books?
What’s next, a poll of Obama campaign staff showing that people support the President’s reelection?
The big labor union that represents government workers is spending $1 million on a television ad in Florida to attack Mitt Romney’s record as a businessman. It's an ad clearly designed to aid Newt Gingrich.
It is in the Democrats' self-interest to brag about their energy record, while subtly using regulation to virtually end domestic energy development.
We sit in classrooms listening to another boring lecture. Or we take the kids to school on the way to work. Or climb in the pick-up truck for another day at the construction site. We stay busy or, what's much harder, try to look busy. We go on about our business or tend to everybody else's, whatever's our pleasure in a free country.
One recent bestselling book, Steven Pinker's The Better Angels of Our Nature: Why Violence Has Declined, devotes 832 pages to making the case statistically that a decreasing percentage of humans are dying in warfare or through crime than in previous millennia. Maybe, but look at all the defenseless tiny people against whom we wage war.
A little over a week ago, Karl Rove advised Republicans to wrap their support around Mitt Romney because it was pretty much a done deal Romney would grab the GOP presidential nomination. “In an open race for the GOP nomination, no Republican has won both Iowa and New Hampshire, as Mitt Romney has,” wrote Rove. He went on to say South Carolina would be the last dance/chance for several candidates like Newt Gingrich.
Those who take a certain pleasure in denouncing the evils negative political advertising should have spent the last week in South Carolina. They could have plunked down in front of TV sets, especially during morning, early evening and late evening news programs, and by adroit use of the remote control seen one negative spot after another.
I believe that states have the constitutional right to legalize drugs. For, the Constitution is silent on the federal government’s ability to regulate or ban substances that adults choose to digest at their own peril—or medical relief.
The four Republicans remain in competition for the party's presidential nod after South Carolina's primary election. Saturday night's stunning results sent the four farther south today in advance of the Sunshine State's Jan. 31 primary.
Democrats seem to have two preferred adjectives to describe Republicans this year-- racist and extremist. Angry charges of "Extremists!" have become common and ubiquitous. Rarely do leading Democrats, such as Nancy Pelosi and Harry Reid, ever talk about Republicans without adding the charge of extremist. Listen to them and it becomes quite clear that they believe "extremist" Republicans in Congress are the root of all evil.
If you've been paying any sort of attention at all, then there's one news item that's practically dominating energy news headlines.
In terms of our own performance, we focus on reporting in real-time on potentially winning names that can be pyramided as they move higher though such names have been few and far between since such quality trends have been very rare over the past year.
The economic illiterates in the press sometimes say the fight in Europe is between austerity and Keynesianism, but that’s not accurate. It’s really a battle between those who think big government should be financed by taxes and those who think big government should be funded by taxes and debt.
Financial literacy scores declined by about 2 percent a year after age 60. Considering that the most recent Survey of Consumer Finances estimates that over 50 percent of the national wealth is controlled by people over 60 -- now about 12 percent of the population -- there are probably a lot of folks who could use some financial management assistance.
Your friends at the Environmental Protection Agency apparently don’t think you are paying enough at the pump and that we have too many jobs in this country.
This Tuesday, when President Obama delivers his State of the Union Address, we can count on it to be filled with the same platitudes, anecdotes, false promises, cooked stats and tenuous connection with reality we find in everything the man does.
The Republican presidential candidates love the Constitution, but if they have their way, you'll barely recognize it. Like a plastic surgeon meeting with a prospective patient, they see all sorts of ways it could be vastly improved.
It’s the time of year when thoughts turn more concertedly to the ongoing tragedy – and travesty – of abortion. Activists count back to the January 1973 decision in Roe v. Wade and produce new calculations on how many lives have been ended prematurely through the deliberate choice of their mothers—and with the often enthusiastic cooperation of medical professionals who have found their own ways of reconciling the destruction of life with their Hippocratic oath.
Maybe it is just me, but I am getting a bit tired of reading about the left’s aggressive push on the whole bullying issue. I am no bullying expert, nor am I a child psychologist, but I have been bullied before (after all, I am vertically challenged and wore braces growing up).
“We can’t wait” has been the phrase uttered by President Obama throughout the fall while he was campaigning for 2012 touting his American Jobs Plan. Then, his first order of business in 2012 was bypassing the Senate to appoint Richard Cordray as director of the Consumer Finance Protection Bureau, and three union stooges to his rogue Nation Labor Relations Board—because, of course, "we can't wait".
Instead of running out of oil and gas as Carter predicted, the inventory of America's recoverable domestic reserves has increased dramatically. During the past three decades, scientists and energy industry experts continued to improve techniques to harvest known reserves and discover new ones.
Motahari said the first half of the letter consisted of threats laying out actions that would be taken if Tehran crossed the "red line" of closing the energy-vital Strait of Hormuz; the second half included a request from Obama for direct talks with Iran.
In a Cato essay, I discuss the problems with Congress’s micromanagement of the U.S. Postal Service and conclude that it should be placed on the path to privatization.
I developed “Mitchell’s Golden Rule” to underscore the importance of restraining the burden of government so that, over time, it grows slower than the private economy.
I'm now seeing this stock in a different light. Though it's a bit too soon for the company to declare victory, the last few months have altered the investment thesis.
Who knew Romneycare and Obamacare had so much in common?
Our friends at the Economic Policy Institute continue to spin the myth that it is really race, and not credit history, that determines a borrower’s interest rate.
No, I am not talking about the impending economic doom that some are predicting will impact both continents. I am talking about the complicit support given to Muslim countries in the UN who have been on a rampage to make it an international crime to criticize Islam in any way, shape or form.