With Abortions & Crime At All Time High, Detroit Approaches Third World Status.

    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 »

    Auto Bailouts and the Lessons of Poletown

    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 »

    Teacher’s Union Takes Kids Hostage

    Eleven years ago, we refused to be held hostage by the threats of terrorists.  Today, a far different threat holds us hostage.  This threat is far less violent, but no less dangerous.  I am speaking of the teacher’s union, which is bankrupting our cities and failing our children.  This week, we saw the union hold the children of our country hostage as they walked out | Read More »

    CEO of the Century?

    Somehow when these terms are substituted; turning this bankrupt and broken corporation into the equally bankrupt and broken United States Government, we suddenly lose all of our financial, business, and common-sense decision-making abilities. Financial experts, academic elites, and the media suddenly transform from analytical fact-seekers and objective journalists to political cheerleaders and professional stenographers.

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    Is the U.S. Government Bankrupt?

    Who knew the U.S. government has $100 trillion in unfunded liabilities? The Chinese government warned the global financial community that it is very concerned about our massive printing of U.S. dollars and that we are using the magically printed money to buy our own T-Bills. We use the money from the “investors” who bought to the T-Bills to cut U.S. government checks. (Think California with | Read More »

    Congratulations to today’s victors

    Congratulations to the House Democrats, and their eight Republican abettors, on the passage of the Waxman-Markey cap and trade tax climate change legislation. Today’s victors are to be congratulated for demonstrating that by using dilatory tactics, such as posting the “final” version of a 1,200 page bill the night before the vote, issuing a 300 page amendment to the 1,200 page bill after 3:00 a.m., | Read More »

    AFP takes on the stimulus bill, you can help

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    Schadenfreude

    On the heels of the devastating news that the NY Times might be sold for $3 and a bottle of Ripple as early as May, comes this terrible announcement: Hearst Corp. put Seattle’s oldest newspaper, the Seattle Post-Intelligencer, up for sale on Friday and said that if it can’t find a buyer in the next 60 days the paper would likely close or continue to | Read More »

    The United States may be on course to lose its ‘AAA’ rating

    The United States may be on course to lose its ‘AAA’ rating due to the large amount of debt it has accumulated, according to Martin Hennecke, senior manager of private clients at Tyche. “The U.S. might really have to look at a default on the bankruptcy reorganization of the present financial system” and the bankruptcy of the government is not out of the realm of | Read More »

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