On Friday, the stock market, driven by record profits and a better than expected jobs report, – not to be confused with a good one – closed at its all time record high. Closing at 1,614, the S&P 500 closed up 148% from the low it reached in 2009. Not bad given that the economy is up a paltry 5.5% over that same period. Already | Read More »
While US Constitution and free market capitalism set the the foundations for American prosperity, it took a rugged, passionate, free people to build it. From George Washington to George Washington Carver to millions of other Americans, the United States was carved out a continent of forests that seemed to go on forever, fertile plains, vast mountain ranges and scorching hot deserts. Over time American frontiersmen | Read More »
The United States was built on the backs of hard working people. From pilgrims who survived an ocean’s journey and founded a colony at Plymouth to slaves who endured the blistering sun as they harvested cotton to settlers who braved temperatures, terrain and Indians to fulfill a Manifest Destiny, the United States was the product of people who worked like their lives depended on it. | Read More »
A friend of mine posted the above from E.J. Dionne of the Washington Post on Facebook. While the post quickly garnered a number of “Likes” I was incredulous. My response was thus: What a ridiculous statement. Tax cuts allow the rich and poor alike to keep more of the money they earned rather than give it to nameless, faceless and largely unaccountable bureaucrats to distribute. | Read More »
Barring some unforeseen cataclysm, Mitt Romney will be the 45th president of the United States… and the vote will likely not even be close. His acceptance speech at the GOP convention last week did exactly what it had to do, it provided Americans who might have been sitting on the fence with the nudge they needed to climb down and pull the lever for him. | Read More »
Dinesh D’Souza recently penned a piece called How I became George Obama’s brother. It talks about George Obama calling him (D’Souza) from Kenya seeking $1,000 for badly needed medical care for his hospitalized son. D’Souza, who had met George years ago when he was doing research for “The Roots of Obama’s Rage” was happy to send the money, but wondered “Why are you coming to | Read More »
As I think about the election in November, I can’t help but think about Matt Ridley and his outstanding book “The Rational Optimist – How Prosperity Evolves”. In it he chronicles the evolution of human society and demonstrates a perfect understanding of why nations fail: “Empires, indeed governments generally, tend to be good things at first and bad things the longer they last. First they | Read More »
Have you ever seen one of those movies where a car is speeding towards a cliff and just before it heads over the edge the driver jumps out and the car flies into the abyss and maybe crashes and ignites into a ball of flame? If you haven’t don’t worry, you’re about to live one… and unfortunately for you, you’re not the driver who escapes, | Read More »
Bill Whittle over at Pajamas Media had a great piece in his Afterburner segment this week. Calling statistician William M. Briggs’ “The love of theory is the root of all evil” “The Best Sentence Ever”, Whittle discusses how the love of the theory of Communism caused the deaths of well over 100,000 million people during the 20th century. The crux of his piece is that | Read More »
Steve Jobs passed away earlier this month with an estimated fortune of $8 billion. I have yet to see a single report about one single dollar that he gave away to charity. How is it possible that a person who was lucky enough to be born and grow up in the United States and take advantage of our laws, schools, infrastructure and patent protections could | Read More »
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