Well. . . Maybe it’s not that much of a secret: It turns out liberals like it when citizens become dependent upon the government. On the other hand, Mia Love recently declared “The day I need the federal government to force me to [help others], I won’t deserve the title American.”
The biggest question most people are trying to answer about Anthony Weiner's run at mayor of New York is whether he's trying to grab the brass ring to further his career, get his wife off his back or because he thinks it'll make it easier to get cybersex.
We should remember that the key goal of fiscal policy is – or should be – to have government grow slower than the private sector. To determine whether states are satisfying my Golden Rule, you need the Tax Foundation data on spending, but it needs to be augmented by similar data for economic output.
Let’s expand the corporate welfare state. . . After all, it worked out so well for GM and Detroit. Tad DeHaven, with Cato, joined the program to discuss the way States and the Feds are trying to pick winners and losers. (They’re mostly picking losers, by the way.)
Those attending the iProperty.com International Property Expo in Singapore, to learn about "the best property in Asia" can win a free house by attending. The location of that house, however, might just be the most laughable "prize" in convention history.
On June 10, we told Ransom Notes listeners that the stock would probably bounce once more at $49, then recover to $56, both of which happened by July 11. The stock price is up 26% since our buy signal, broke past $56 in mid-July, and continues to climb.
Small wonder that Yankee pitcher Mariano Rivera grabbed the spotlight at the latest All-Star Game. His perfect eighth-inning relief appearance not only helped the American League win the game, it showcased the kind of success story that Americans love.
This is a very interesting earning season where distinctions are being made between winners and losers within the same industry and sector; disasters aren't dragging down rivals or the entire market and winners pop but, typically close lower as some profit-taking kicks in. In the meantime, winners are being rewarded immensely.
To paraphrase the 17th-century philosopher Thomas Hobbes, the tenure of a corporate executive can be "nasty, brutish and short." Indeed, many CEOs and chief financial officers last just a few years on the job before the board decides that fresh blood is needed.
Like a lot of conservatives, I have plenty of doubts about the president’s massive health care overhaul that’s going to change the way Americans get health coverage come Jan. 1, 2014. I think the plan is too big, too expensive, too cumbersome, too reliant on subsidies and imposes too may regulations.
Oh my goodness, what an absolute delight it would be — I’m referring to the chance of being a historian years from now as the books are written, comprehensively describing the financial crisis of 2007-2008. I’m sure that many of the books will focus on the whys and wherefores.
I apologize for the cheering crowd at Knox College in Illinois. Seems the mass exodus from Illinois (Ala Detroit) left behind the economically challenged, and liberally indoctrinated; although a group of them did end up in the White House.
At a Republican Governor’s forum in Aspen, Colorado, New Jersey Governor Chris Christie blasted Libertarians as “very dangerous.” The Governor noted his troubles with the spread of libertarianism in both political parties, specifically targeting U.S. Senator Rand Paul (R-KY).
Nationalized health care was one of the first programs enacted by the Bolsheviks after they seized power in 1917. Nearly a century later, the U.S. enacted "Obamacare."
Welcome to another installment of No Obama Bundler Left Behind. This chapter stars an elite Hollywood fundraiser who scored a plum diplomatic appointment, slacked off on the job and left her public office in disgrace, and then rebounded from failure as a new Obamacare promoter. Nice crony "work" if you can get it.
Yes, the most transparently opportunistic administration is becoming more transparent every day. In the midst of negotiations for a free-trade agreement between Europe and the U.S., the NSA Papers, made transparent by Edward Snowden, reveal that America has been spying on allies as well as enemies.
Sometimes I marvel at President Obama's apparent lack of an embarrassment sensor. How can he stand before the American people and deliver speech after speech making the same tired points and pretending he is delivering the speech of the century?
A liberal community organizing outfit in the great state of New-New-York (Colorado) was forced to delay their “gun-buy-back” program because of new laws mandating universal background checks. Their attempts were foiled by a law that mandates any “transfer of arms” must be accompanied by a background check. God, it turns out, has a tremendous sense of humor.
"At a time when economic anxiety is driving the public toward a narrow concept of education focused on short-term payoffs," observes the American Academy of Arts and Sciences, "it is imperative that colleges, universities and their supporters make a clear and convincing case for the value of liberal arts education."
Inquiring minds are digging into the latest Durable Goods Report by the Census Bureau.
Riding on horses and ponies, some 50 Chinese soldiers intruded into the Indian territory of Chumar in Ladakh region in northwestern India on 16 July. They re-asserted the Chinese claim to the area and returned to China. Since then two additional Chinese incursions were reported on 18 and 20 July.
At a ceremony in Havana last week, UNESCO (U.N. Educational, Scientific, and Cultural Organization) honored Che Guevara by enshrining his writings in its hallowed “Memory of the World Register.”
Chicago schools seem to be on a financial death spiral, and increased spending will do nothing to delay the day of reckoning. Will CPS turn out to be the next Detroit?
Barack Obama is "pivoting" - again. He wants us to stop worrying about all the "phony scandals" and pat him on the back for the fine job he's done leading the economic recovery for the last four-plus years.
Yesterday morning I had an opportunity to visit with an organization called World of Money dedicated to teaching young kids, mostly inner-city youth, about money. At times watching these kids go through their lessons I was moved to having to choke back tears. These would be tears of joy and pride.
In a recent op-ed for the Indianapolis Star I discussed the symbiotic relationship between federal and state government when it comes to doling out corporate welfare subsidies.
One of the nation's most prominent evangelical leaders wants to know why President Obama has remained silent as Iran tortures an American pastor held captive in one of the Islamic republic's most notorious prisons.
It is this constant awareness of evil, of the danger of ideas and ambitions unrestrained by the humility and reverence the fear of God induces, that is the great legacy of our Puritan inheritance, much as it may go unnoticed today. And that awareness may explain the difference between our history and that of less blessed lands.
Back then, liberals were hailing China’s top-down economic management and acumen; marveling at the endless supply of people and sucking up to Commies like they were the reigning champions on the worldwide smash hit The World Has Talent.
Weiner is quoted as saying that sending lewd messages to women online was “a terrible mistake that I unfortunately returned to during a rough time in our marriage.” Really? There was a “rough time” in his marriage after his first bout of extramarital sexting? Shocker.
You know things are bad when the President decides he’d rather talk about the economy than anything else. Also, Robert Mazur joined the program to discuss his past as an undercover DEA agent – and current day money laundering.
I find it amazing when I read that inflation continues to be so low, as defined by the government, that leaders actually hope for a little higher inflation rate in the future.
The reaction to President Barack Obama's highly personal speech last Friday, ostensibly on race but actually on himself, has been surprisingly subdued. Some would have thought he was going to tone down the rhetoric. Instead, his rhetoric was inflammatory. I think he caught the country off guard.
Rep. George Miller, D-Calif., released a report yesterday illustrating the latest Republican hypocrisy. The report profiles 14 Republican congressmen who receive federal agriculture subsidies.
Back in the spring of 2011, I chose fifty stocks to write about in my book Best Stocks Now. At the time they were all the best examples that I could find of my investing style. I am not a pure value investor, nor am I a pure momentum investor; I am both.
“Priceless” is the value most moms and dads would put on their newborn child. A newborn represents the delicate and fragile nature of life itself. Many would call their newborn baby a “miracle.”
Why do people strive to become senators and congressmen? In my younger days — and more than likely if the unforgettable Mr. Smith (James Stewart) was asked this same question — I believe the response would have been, “To make a difference.” But as I’ve grown a little wiser I can't help but doubt. . .
A chaplain at Joint Base Elmendorf-Richardson in Alaska was ordered to remove a religious column he had written titled, “No Atheists in Foxholes: Chaplains Gave all in World War II,” because it allegedly offended atheists serving on the Air Force base.
Late last week, as the Obama administration advanced plans to arm anti-Assad regime Syrian rebels, Sens. Carl Levin and John McCain asked Chairman of the Joint Chiefs of Staff Gen. Martin Dempsey to provide them with an "unclassified assessment" of potential American military intervention options, to include estimates of their costs in time, tax dollars and lives.
MSNBC host Melissa Harris-Perry -- the same TV commentator who said Americans need to stop raising kids as if they belong to individual families -- had an extraordinary explanation for why the city of Detroit sought to declare bankruptcy last week: not enough government.
In the wake of the shooting of a Nazi officer, Police Capt. Louis Renault played by Claude Rains in the 1942 movie "Casablanca," ordered his men to "round up the usual suspects." Was Renault engaging in some sort of profiling? He may have been, but what is profiling? Let's look at it.
The legal concept of standing one’s ground against deadly force has been a part of American culture since our founding as a nation; and has been an explicit component of our country’s law for more than 100 years.
Nancy Pelosi, with a straight face and honest intent, suggested her duty of “protecting” the Constitution demanded further restrictions on the Second Amendment. Of course, few people have ever accused her of being intelligent.
What’s the biggest fiscal problem facing the developed world? To an objective observer, the answer is a rising burden of government spending, caused by poorly designed entitlement programs, growing levels of dependency, and unfavorable demographics.
Paul Krugman makes for an unparalleled intellectual foil. If he didn’t exist we’d have to invent him. Recently he has been vintage Krugman, slinging derp.
For this reporter, the story that unfolded on the night Trayvon Martin was walking to his father's home in the gated community in Sanford, Fla., is awash with troubling facts that made this killing so senseless.
Last week Obama declared that "Ray Kelly has obviously done an extraordinary job in New York." That's true enough, but not necessarily in a good way.
Is this all the civil rights movement has to fight over now?
Last week, the Northeast-corridor media ran wild with pithy derision over an effort led by McDonald’s and Visa to provide McDonald’s employees with financial planning tools and advice. The budget assumes a two-income household, with each income roughly equivalent to the earnings of a worker at the minimum wage.
Major shifts underway in the Chinese economy that Stratfor has forecast and discussed for years have now drawn the attention of the mainstream media. Many have asked when China would find itself in an economic crisis, to which we have answered that China has been there for awhile.
The Governor's conduct shows the corrupting influence of money on politics and the ease with which politicians delude themselves. As they see it, they work hard and make great sacrifices on behalf of the people, so they are entitled to profit from their position.
Russian President Vladimir Putin cares a lot about what you think -- about NSA contractor-turned-defector and Russian asylum seeker Edward Snowden, and pretty much everything else -- to the point of spending $300 million of state funds last year on the external audiovisual service RT, designed primarily to spoonfeed the Kremlin worldview to a global audience.
Meet Sandra and Isaac (not their real names). Both hold advanced degrees and are in the United States on H-1B work permits, temporary workers’ visas which allow them to stay here as long as they are employed by a company that cannot find qualified Americans for their jobs.
The agonizing death of Detroit is cause for celebration. It’s the first of the liberal-run big cities and states to fall, and we should welcome its collapse with glee.
The first volume of Charles Moore's authorized biography of Margaret Thatcher, covering her life up to Britain's victory in the Falklands, is out. It takes its place among the finest political biographies of all time.
This is the new brainwashing. Women have been sold (and sold and sold) on the notion that happiness and fulfillment are to be found in careers. Marriage and children are items to be calendared after the MBA, J.D., or Ph.D. Sex is recreation. Getting attached to the human being behind the sex organ can limit your internship options.
Remember when you got your first paycheck, presumably when you were a teenager? If you’re like most people, you worked a bunch of hours and calculated how much money you expected to receive, only to then be disappointed when the check you received was for a much smaller amount.
The president said the history of African-Americans partially explains the way many black people view the case. But what about poor people in the same neighborhoods who don't engage in violent behavior? Don't they have the same history, but make different choices?
When the City emerges from bankruptcy, they will have an opportunity to be the next great story of American endurance and ingenuity. . . Or they can continue to be the story of Liberal failure. Michael Schaus weighs in on the potential behind Detroit’s fiscal woes.
Q: Considering the condition of the economy, how secure should I feel about the solvency of my pension? A: In many ways, this would depend on your particular pension. Some pension funds are very well-run, very solvent and are in great shape. Others are poorly managed and not the type of programs in which you’d want to invest any of your money.
If you are a bureaucrat who does not like the way news is reported, the 1984-style thing to do is launch your own "independent" news agency to make sure someone reports the news the way you want the news reported. The EU did just that.
As a 23-year-old college student with money problems, Clarence Aaron set up two large cocaine deals between a pair of career drug dealers. Aaron broke the law, so he earned time in prison. But how did he get a life sentence when the two kingpins were sentenced to shorter time?
Just ahead of Congress as it takes an August recess, the president fares forth to "chart" -- in the words of his communications director -- " a course where America needs to go ... to restore this country's basic bargain for the middle class."
Newly released emails from former Indiana Gov. Mitch Daniels show he was on a mission to remove the late leftist “historian” Howard Zinn’s A People’s History of the United States from Indiana schools.
Now that the market bias has re-shifted to the upside, there is a sense a big breakout move could be in the offing. Yet, this move might be as stealthy as this rally has been since bottoming in March 2009. Stocks have made an amazing move without fanfare.
When it comes to our current economic and financial problems, it appears that math and science don’t even exist. In other words, unlike math and science questions, our contemporary fiscal issues are not easily solved and logical conclusions appear to be unattainable.
In recent months, a group of lawmakers from the Gulf Coast — led by Sen. Mary Landrieu, D-La. — in concert with some of their colleagues from Sandy-hit New York and New Jersey have been doing their darnedest to scare their constituents with tales of massive (5,000 percent!) hikes in federal flood insurance rates.
The liberal elite is still in shock that six Americans resisted the relentless pressure of its hack politicians, slavering mainstream media mediocrities and progressive hustlers in order to acquit George Zimmerman.
Why, when there is no question that nothing has created more wealth and eradicated more poverty than capitalism, do left wing politicians hate it so much?
I have never, in my life, seen such a level of stupefying and willful ignorance and irrationality exhibited in a debate over current events or public policy as I have with the verbal storm that has darkened our horizon over the Trayvon Martin/George Zimmerman case.
A Michigan judge, in a stunning display of impartiality and balance, said the bankruptcy should be withdrawn in part because it failed to honor “the (United States) president, who took (Detroit’s auto companies) out of bankruptcy.” Making the claim that President Obama saved the Auto Industry is like saying Neville Chamberlin saved Britain.
The budget deficit this year is projected to be significantly smaller than it has been in recent years and some of our statist friends claim that this shows the desirability and effectiveness of higher taxes. I’m not persuaded, mostly because our big long-run fiscal challenge is a rising burden of government spending.
On Friday, a Michigan Circuit Judge Rosemarie Aquilina ruled Detroit bankruptcy is unconstitutional. The whole point of bankruptcy court is to resolve debt issues that cannot be paid. It is impossible for Detroit to meet its pension obligations and the only way to resolve the issue is in bankruptcy court.
In recent days, organized labor turned harshly and vocally against the so called “Affordable Care Act.” Three leaders of America’s largest unions, including Jimmy Hoffa, wrote a jaw-dropping letter to Harry Reid and Nancy Pelosi. Excerpts of their arguments sound like a Republican opposition brief:
A new discipline required a new degree. Dartmouth awarded the first Masters of Science in Commerce in 1900, which morphed into Harvard’s MBA in 1908.
By every measure the President's signature piece of legislation faces tremendous setbacks. And yet, the media largely ignores the fundamental problems with the law.
The Obamacare disaster is coming. Sure, the president is delaying or dismissing parts of it because they’ve proved either unmanageable or unworkable in the legally allotted time to set them up, but the most invasive and damaging aspects are still coming. But there is a chance to stop them in their tracks, IF Republicans have the courage to do it.
Last Friday afternoon the president injected himself into the Trayvon/Zimmerman mix again by doing what he excels at, namely, increasing the racial divide, blaming the “white Hispanic,” condemning guns and upbraiding essentially everyone but the stoned and violent truant named, Trayvon.
Democratic California Assemblyman Tom Ammiano has written a bill that would require public schools in his state to allow students to choose which bathrooms, locker rooms and sports teams match their gender identity. Both the Assembly and state Senate have passed Assembly Bill 1266. It now sits on the desk of Gov. Jerry Brown. If the governor allows the bill to become law, then public school administrators won't be able to assign transgender third-graders to use a separate bathroom or play on the team of their biological gender -- even if their motive is to protect a vulnerable child.
During this hot, wet summer, a “national climate expert” recently told Delawareans that they can expect even hotter summers – with a climate like Savannah, Georgia’s – by the end of the century. The culprit, naturally: runaway global warming.
Whether or not you shop at Wal-Mart, you’ve already benefitted from the mega-retailer’s ceaseless efforts to cut prices. A 2005 study found that the nationwide expansion of the store had driven down everyone’s cost for food-at-home, commodities and overall consumer products. Competition among retailers drives down prices for all shoppers.
Petrobras has managed to disappoint its backers in new and novel ways. The oil giant vastly overspent to get those big oil fields ready for production, the Brazilian government sought onerous levels of taxes from the company, and investors had to sit idly by as the company issued massive blocks of new shares, leading to hefty dilution.
The fact that President Obama has been spreading lies about climate change to support his actions directing the Environmental Protection Agency to impose costly new restrictions on carbon dioxide emissions was exposed last week at a Senate hearing. The lie? It was spoken with his trademark don’t-you-dare-question-me confidence during a November 2012, press conference.
Following those tracks, perhaps the most contrived moment in U.S. Presidential history came on Friday when Barack Obama surprised the White House Press Corps (pronounced kôr, Mr. President) by showing up unannounced to the daily briefing session. Perhaps we were about to learn that they finally caught the perpetrator of the IRS scandal, or Benghazi, or Fast & Furious, or Extortion 17. . .
The big news that came out last week about the labor unions unhappy with Obamacare just doesn’t strike true. I can see what is coming down the pike. After much deliberation and hand-wringing, it will be decided that this version of Obamacare just won’t work and what is really needed is single payer.