What will the GOP do about the Latest Cap and Trade Scheme?
It is has been noted in recent years that a good percentage of Americans do not pay income taxes. However, we must remember that all Americans incur the cost of the hidden tax of regulations. According to the Competitive Enterprise Institute (CEI), burdensome regulations drain $1.86 trillion from the private economy every year. The tab is $15,000 per family, more than many families pay in | Read More »
With Abortions & Crime At All Time High, Detroit Approaches Third World Status.
Detroit is often heralded by small government proponents as a perfect example of an over-involved government pushing themselves into the culture of a successful city and creating a state of dependence which eventually collapses in on itself. In other words, a great example of why big government fails. But this is really only a partial explanation of the issue. The real issue in America and the | Read More »
The New Alabama Attracts Remington Firearms
A group of New York State lawmakers are upset that Remington Manufacturing is moving two weaponry assembly lines to Huntsville, AL. The Bushmaster and R1 handguns will now be manufactured in Huntsville rather than in Ilion, NY. They are upset at the State of New York for creating a climate that discourages firearms manufacturers from producing there. The political climate regarding 2nd Amendment issues did | Read More »
Gun Stores, Credit Ratings And The 2nd Amendment
I’m not a weapons expert myself. The last time I fired was years ago on a US Army range. I’m not necessarily the RS.com go-to guy on 2nd Amendment Issues. However, I do like the other nine amendments in The Bill of Rights just fine, and therefore am more than willing to have 2nd Amendment Defenders’ backs when the government deliberately oversteps their authority to | Read More »
Eric Shinseki and The VA Hospital System
There really isn’t much you need to know about how well government healthcare would work in the US. Most of what you do need to know involves a discipline of OR called Queuing Theory. Either the people now attempting serve American War Veterans don’t know much about it, or they are being totally overwhelmed by the scale and magnitude of their demand. Since the VA | Read More »
Piketty, the Zeitgeist of Death and the Leftist Ethic of Resentfulness.
You shall not covet your neighbor’s house; you shall not covet your neighbor’s wife, nor his male servant, nor his female servant, nor his ox, nor his donkey, nor anything that is your neighbor’s. Zeitgeist has a power beyond the realm of policy. This would have been the appropriate response* to Josef Stalin’s query regarding how many divisions the Pope had in his army. What | Read More »
, Grima Wormtongue
, Letist Ethic of Resentfulness
, Mouth of Sauron
, Politics of Envy
, Tenth Commandment
, You Didn't Build That
Mitt Romney: A Severe Conservative Who Just Won’t Go Away
When conservative candidates lose their bid for elected office, they tend to fade away from public life and are never heard from again. But for Rockefeller Republicans, losing an election is evidently a resume enhancer for them to continue advising and interfering with Republican politics and policy. Mitt Romney ran as a “severely” conservative Republican in the primary. He pulverized his opponents with an expensive | Read More »
Matt Yglesias’ Utterly Banal and Misleading Economic ‘Insight’
Matt Yglesias, boy genius and resident economics expert at Ezra Klein’s Vox.com, recently posted the following banality under the title “The Private Sector is Up, the Public Sector is Down”. Matt’s analysis: The recession hit the private sector faster and harder, but the private sector’s already made back all its losses. The government, by contrast, has been really slumping. ProTip: Whenever Matt makes a pronouncement | Read More »
Obamacare Cannot Reduce the Cost of Modern Medicine
In case you were wondering, ObamaCare has not positively bent the cost curve. In the case of drug prices, it’s your trip, but the mileage may vary. The table included above is a randomly selected index of pharmaceuticals taken from a database published in Bloomberg.com. I took a random walk through the data selecting the first 20 pharmaceuticals I could find with complete price data | Read More »
Auto Bailouts and the Lessons of Poletown
I had the opportunity to screen a portion of my film, Bankrupt: How Cronyism & Corruption Brought Down Detroit, for a group of about 60 people earlier this week and the experience was thrilling. Not just because it was live audience but because it was a live audience that brought some genuine opposition to the premise of the film, which never fails to be interesting | Read More »
Memo To The Nation Magazine: The Government Does Not Owe You Employment.
10 For even when we were with you, we commanded you this: If anyone will not work, neither shall he eat. 2 Thessalonians 3:10 I read something really hilarious. It almost convinced me that all the really good comedians were leftists. “…the US government can easily afford a Job guarantee (JG) program, becoming our employer of last resort.” Says The Nation Magazine. Man, those writers | Read More »
Read the following three articles and you will quickly realize what it means to live in Obama’s America – one of permanent stagnation and socialism. U.S. Regulatory Costs Are World’s No. 10 Economy [IBD] After years of rapid growth during the Obama administration, the cost of federal regulations is now bigger than the entire economies of all but nine countries in the world. That’s according | Read More »
Are We Headed for Another Recession?
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the March jobs report, our stagnant employment picture and if a recession is just around the corner.
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Perpetuating Unemployment and Phony Spending Offsets
**Update: The following senators voted for cloture to open debate on the extension of unemployment benefits with the ridiculous offset provision: Ayotte, Coats, Collins, Corker, Heller, Johnson, Kirk, Murkowski, Portman, and Toomey.** What happens when instead of fighting the premise of creating a permanent unemployment entitlement, many Republicans focus on offsetting the cost of the extension? We get the extension without any offsets! Tomorrow, Senator | Read More »
The Downton Abbey Democrats And The New American Class War
Sing ye the noble praises of sustainability, equality and diversity! They are wonderful Post-Modern virtues that wealthy, upscale, SWPL liberals inflict on anyone other than themselves. When we speak of sustainability, we take things away from people. Al Gore’s private jets and heated swimming pools get sustained. Your heating bills go through the roof. When we speak of equality, we cancel the honors classes in | Read More »