Bo Xilai was expelled from the Communist Party in China last week amid a bevy of scandals that included theft, abuse of power, sexual improprieties and murder. Bo's wife, Gu Kailai was recently convicted of murdering British businessman, Neil Heywood.
We need the expansion of private capital; we need to push back government spending which has crowded out the private sector and we must get back to the notion of creating great wealth that will reward all those that break a sweat and encourage those that don't to understand the wisdom of capitalism and its true rewards.
The newly elected French Socialist president, Francois Hollande, is warning Germany that Mediterranean ideas of "growth," not Germanic "austerity," should be the new European creed. No surprise there -- reckless debtors often blame their own past imprudence on greedy creditors, especially if the latter are supposed to be guilt-ridden over causing two world wars.
THERE IS A PASSAGE in Master and Commander, the first of Patrick O'Brian's acclaimed series of historical sea novels, in which Stephen Maturin casually refers to the wealth of James Dillon, one of his shipmates.
President Barack Obama last week visited Palm Beach Gardens, Fla. -- a small city of 15 golf courses -- so he could preach to some of his humble campaign contributors his vision of American frugality.
In his front-page-of-the-business-section "Economic Scene" column in The New York Times last week, Eduardo Porter wrote, "The United States does less than other rich countries to transfer income from the affluent to the less fortunate."
Townhall.com is the leading source for conservative news and political commentary and analysis.
Townhall is packed with breaking news headlines, political news, and conservative opinion with Townhall columnists including Ann Coulter, Michelle Malkin, Michael Barone, Star Parker, Dennis Prager, Thomas Sowell, and many more of your favorite conservatives.
Political cartoons full of satire and political humor from editorial cartoonists including Michael Ramirez, Glenn McCoy, and Henry Payne.
Townhall.com also features the latest news videos and pictures on the latest political hot topics including health care reform, the economy, immigration, government tax, President Obama, Sarah Palin, Mitt Romney, Herman Cain, Ron Paul, Iraq, immigration, politics, gay marriage laws, and many more big news issues.
Townhall Magazine is our monthly print magazine that offers more exclusive investigative journalism, in-depth reporting, analysis, interviews with the heavy hitters and powerful exposés.