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“Voodoo economics” versus straw-man arguments by Robert P. Murphy: In a recent speech in Little Rock, former president Bill Clinton said, “In the first eight years of trickle-down economics under President Reagan, we tripled the debt.” The former president claims his “first job” in the White House was to “get rid” of “trickle-down economics,” as critics like […]
Governor Scott stated: President Obama’s ‘Net Neutrality’ proposal, which regulates the internet as a utility, would cost consumers billions of dollars a year while stifling innovation and job creation in the technology industry. Under President Obama’s recommendations, consumers could be taxed by more than $18 billion a year for the simple act of using the […]
“For last year’s words belong to last year’s language. And next year’s words await another voice. And to make an end is to make a beginning.” – T.S. Eliot On Tuesday, Rep. Paul Ryan (WI-1) succeeded Rep. Dave Camp (MI-4) as the new Chairman of the House Committee on Ways and Means. This powerful committee […]
The Islamic State is not a state and not Islamic, Obama tells us. But it grounds all its actions in explicit statements of the Qur’an and Sunnah, and is busy accumulating all the ordinary features of a state. Does anyone have the will to stop it in its tracks? An update on this story. “Islamic State […]
A persistent set of economic narratives still plagues us. Most people get their economic information through Internet memes and hit pieces filled with nonsense. A common theme is that the forceful hand of government is all that is needed to make things right. For example, everyone “knows” that government laws ended child labor, and that […]
How far can the peer-to-peer revolution be pushed? It’s time we start to speculate, because history is moving fast. We need to dislodge from our minds our embedded sense of what’s possible. Right now, we can experience a form of commercial relationship that was unknown just a decade ago. If you need a ride in […]
Yesterday, National Security Adviser Susan E. Rice went on NBC’s “Meet the Press “and glibly announced that Turkey had given permission for use of the Incirlik air base by the U.S.-led coalition assaulting ISIS from the air. She triumphantly commented, “That’s a new commitment and one that we very much welcome”. Today, The Washington Post reported a senior […]
“He that can have patience can have what he will.” – Benjamin Franklin On Thursdays, Facebook fans have adopted a growing ritual affectionately known as “Throw Back Thursday.” Users post their favorite remembrances from the past – a childhood picture, a tattered piece of high school memorabilia, news clippings of a place where the locals once […]
The Thomas More Law Center, a national, nonprofit public interest law firm based in Ann Arbor, MI held a press conference yesterday to reveal its national legal strategy to combat the slew of recent federal court rulings which have overturned state laws defining marriage as the union of a man and a woman. Richard Thompson, […]
“Individual commitment to a group effort – that is what makes a team work, a company work, a society work, a civilization work.” – Vince Lombardi Leadership guru Ken Blanchard said, “The key to successful leadership is influence, not authority.” That’s an interesting concept when thinking about how best to advance the FairTax®. Certainly, Congress has […]
Yesterday, in a blockbuster announcement, Thomas Kane, Deputy Assistant Chief Counsel for the IRS, wrote in a sworn lawsuit declaration that former IRS senior manager Lois Lerner’s now infamous BlackBerry was “removed or wiped clean of any sensitive or proprietary information and removed as scrap for disposal in June 2012.” The magnitude of lies, deceit […]
A three-step political fantasy to protect Americans and help Islam finally to become a religion of peace. President Obama’s White House statement on Aug. 28 was clear on two things: “ISIS must be defeated” and “we don’t have a strategy yet.” With this in mind, let me offer a modest proposal that requires no military […]
Let’s look at just some of the latest news about the U.S. economy: According to the Treasury Department’s Bureau of Fiscal Services, the federal government paid $2,007,358,200,000—over $2 trillion—in benefits and entitlements in the 2013 fiscal year, October 1, 2012 to September 30, 2013. Most of the benefits, 69.7% came from non-means tested government programs […]
Oscar Wilde (1854-1900), the Irish poet and dramatist, wrote “Pray don’t talk to me about the weather. Whenever people talk to me about the weather, I always feel quite certain that they mean something else.” These days, when some world leader or politician speaks of the climate—the weather is what is happening right now wherever […]
Recent difficulties with implementing the Affordable Care Act have increased opposition to the program. A majority of Americans now oppose it. Problems with the healthcare.gov website are in all likelihood temporary. However, there are serious long-term problems, particularly considering long-term finance and labor-supply issues. Give the mounting difficulties with and growing concerns about the ACA, it is […]