Government Spending on Townhall

The Real Tragedy That's Been Forgotten Tue Jun 18

Brett Bogus

One could even go so far as to say that there are a number of factors indicating anything but a recovery. A large portion of the population is underemployed and shackled to an overwhelming amount of student loan debt - debt that will siphon liquidity from the markets as well as from the individuals. ... more
Heritage Foundation vs. Paul Krugman Tue Jun 18

Daniel J. Mitchell

Earlier this month, Paul Krugman wrote that, “a Heritage Foundation economist has been accused of presenting false, deliberately misleading data and analysis to the Senate Budget Committee.” Krugman was too clever to assert that the Heritage economist “did present” dishonest data, but if you read his short post, he clearly wants readers to believe that an unambiguous falsehood has been exposed. ... more
How We Learned to Stop Hating Fed Tapering Tue Jun 18

Charles Payne

The Fed trying to keep Wall Street calm is akin to parents buying their fat child candy to stop him from whining. Let him whine and let the Street complain. ... more
Heaven Forbid We Have Lawmakers Live Like the Rest of Us Mon Jun 17

Michael Schaus

Representative Larson finds it horrifically “unfair” that he and his staff will be forced into the same healthcare that is scheduled to be imposed on tens of millions of Americans. The Democrat, who was among the leadership in his party when healthcare reform was passed, said “this is simply not fair to these employees. They are federal employees.” ... more
Your Friendly Labor Union Mafia Boss Sat Jun 15

Ransom Notes Radio

And here you thought the problem with labor unions where their tendency to go on strike. . . Nope. They might just break some kneecaps first. . . ... more
The Failure of Abenomics Sat Jun 15

Brett Bogus

The Bank of Japan is playing a dangerous game; an economy that has no debt ceiling and is unhindered by quantitative easing concerns is potentially going to drive a huge amount of inflation right off a cliff. ... more
Trickle-Down Economics Meets Modern Day Reality Sat Jun 15

Bill Tatro

I imagine, however, that Ronald Reagan, his cohorts, and perhaps even his enemies would be absolutely stunned regarding the conditions of our current trickle-down effect. ... more
Can You Find It in Your Heart to Feel Sympathy for Politicians and their Staff? Sat Jun 15

Daniel J. Mitchell

I had some fun back in April when I noted that politicians and staff on Capitol Hill were getting very agitated about having to be part of Obamacare. Well, it seems that the way the law applies to them is so costly that many of them are thinking about calling it quits. ... more
Smiling Faces More Dangerous Sat Jun 15

Charles Payne

A report out this week from researchers in New Zealand says Lego mini-figures have become angrier. Moreover, there's a suggestion the change has made children angrier in the process. In the study, which covers the period from 1975 to 2010, those mini-figures all had smiling faces until 1989. ... more
Do You Trust Banks? Country by County Comparison Sat Jun 15

Mike Shedlock

Two Questions for European Readers: Why keep any money in banks other than the absolute bare minimum needed to pay bills? How many Cyprus-like confiscations does it take to convince you that leaving money in banks is a bad idea? ... more
Interest Rates Shake Up Home Sales Sat Jun 15

Fritz Pfister
North Korea Denies Backing Out of Talks Fri Jun 14

Night Watch

North Korea has not broadcast the cancellation of the talks to its own population. That probably explains its extension of another invitation to cooperate in its domestic propaganda. The difference in this offer is a lack of mutuality. ... more
Bring Your “A” Game Fri Jun 14

Bill Tatro

Once again, we’re all very disappointed in the fact that we can’t reestablish our “A.” Perhaps in a few years when the politicians have changed faces we’ll once again be worthy of our “A,” but for now we can only keep our fingers crossed. ... more
More Insanity from Greece Fri Jun 14

Daniel J. Mitchell

Once a majority of a country’s voting-age population is riding in the wagon of government dependency, it is very difficult to build political support for reform. Now I have another story that perfectly symbolizes Greece’s dysfunctional situation. ... more
Still Hip - Great American Companies Fri Jun 14

Charles Payne

It was another tough session for the market as buyers have decided to cool their heels and refuse to take the early rally bait. There wasn't much news but the longer the market drifts, the more time for some to realize the Dow made a 9,000 point rally and maybe it's due for a pullback of sorts. ... more
Let's Talk About Sex: Why More Babies Means More Economic Growth Fri Jun 14

Jerry Bowyer
What The Government Knows About You Thu Jun 13

Brett Bogus

Even more concerning for the individual are the implications of PRISM within everyday life. While the majority of the companies alleged to be a part of the program have denied knowledge or participation, the truth is that, according to attorney Mark Rumold of the EFF, if any of the companies had received a FISA amendments act order, they wouldn't be able to tell you they had or what that order might have entailed. ... more
How Do We Turn Around America? Thu Jun 13

Roger Schlesinger

There is only one sure way to turn this country around, heading back to the recent past when American ideas and products were valued around the world because of their quality that came from our ingenuity & hard work, as well as our values, traditions and customs. ... more
Lessons From Iran Thu Jun 13

Charles Payne

For most of the year the stock market has skipped along like a carefree child at play on a sunny day. Now dark clouds are gathering above and that idyllic backdrop of flowers, confidence, and strong corporate earnings have yielded to an ominous backdrop of tumbleweeds, anxiety and so-so corporate earnings. ... more
The Social Cost of Carbon – Another Example of Data Manipulation Thu Jun 13

Michael Schaus

President Barack Obama approved an increase in the so-called “social cost of carbon” calculation to $38 a metric ton. This number is used by government bureaucrats to weigh the cost and benefit of proposed projects, regulations and environmental laws; all without the hassle of actually understanding economics ... more
North Korea Agrees to Negotiations Wed Jun 12

Night Watch

South Korea and North Korea agreed on 10 June to hold high-level talks in Seoul on 12 and 13 June, according to an official in South Korea's Ministry of Unification. They reached agreement after 17 hours of working-level talks at Panmunjom. ... more
Withstanding the "Obamaslaught" Wed Jun 12

Ann-Marie Murrell
An Opaque PRISM Tue Jun 11

Brett Bogus

While the Federal government's admission of procuring Verizon records daily was an explosive admission, it pales in comparison to the new information coming out about PRISM, a program with a two billion dollar center in Utah. ... more
Obama's "Light Touch" Sanctimony Tue Jun 11

Bob Beauprez

There is no longer any shock value in catching the President saying something diametrically opposed to reality. We are all too familiar with Barack "It-was-the-video" Obama and a plethora of other exaggerations and fantasies. Occasionally, though, he goes beyond his own standards for hypocrisy. ... more
Let’s Hope for Heavy Casualties on Both Sides Between the IMF and European Commission Tue Jun 11

Daniel J. Mitchell

It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I have the same attitude about the fiscal fight in Europe. On one side, you have “austerity” proponents of higher taxes. On the other side, you have Keynesianswho think a higher burden of government spending will produce growth ... more