Economy

Hunger Games

Majority Believe Obamacare is a Big Lie

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The bad news is that the majority of ruling elite in The Capitol City of DC don't really care what the majority of those of us in the provinces think about what they do.  The good news is, we know they are a bunch of lying, conniving, cheating slime, partying on our dollars while we ...

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US Carbon Emissions In 2012 Fall 12% From Peak Level In 2007

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Yeah...the big, bad, polluting U.S. is dropping its carbon emissions without a cap and trade scam, while other nations "investing" more heavily in "alternative energies" continue to spew more.  When facts catch up with fiction...what will the environmentalists do?  Start hating on fracking and natural gas...that's for sure! Read the reality here. (Image courtesy of the TheEnvironmentalBlog.com)

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As always…the demise of Tea Party influence has been greatly exaggerated

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I'm constantly amused by sometimes concurrent, and often alternating references to the Tea Party movement's continuing influence, or lack thereof, in American politics.  It is regularly said that tea partiers are either "in control" of the Republican caucus in Congress, or that tea partiers no longer have any influence in Congress.  As with most extremes, ...

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King George III

The real enemy of the poor is the ruling elite in DC

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The ruling elite in DC are doing great.  Income is up, the job market is hot, real estate is booming and the expensive restaurants are full.   Meanwhile, the poor in DC are doing much worse, and much of the rest of the country is suffering.  Ten of DC's surrounding counties are in the top 20 ...

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The End of Unions?

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We have seen a long term decline in union membership in this country.  There are those who argue that this is to the financial detriment of the middle class.  But apparently the facts are something quite different.  The following excerpt is from a piece by Prof. Richard Epstein from NYU Law School: The Decline of New ...

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Taxes

You’re Paying More Taxes Than You Think

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Horrible headline, but absolutely true.  The "average" taxpayer is now paying over 40% of their income in taxes.   How much before it's tyranny? Taking into account all taxes on earnings and consumer spending—including federal, state and local income taxes, Social Security and Medicare payroll taxes, excise taxes, and state and local sales taxes—Edward Prescott has shown ...

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government workers

Job Creation on increase…73% of them government jobs

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New jobs numbers are out and showing the unemployment rate is falling...slowly.  Look behind the numbers and you'll see an ever-expanding government, and an army of new government workers. By November, according to data BLS released today, the total number of people employed had climbed to 143,262,000, an overall increase of 847,000 in the six months ...

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Money Down the Drain

The Story of Money – Complete with unhappy ending.

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I've been doing my best to read about and understand the complexities of the monetary system, but it's a massive undertaking with a very long history.   Today I was having an email exchange with a colleague, Eric O'Keefe, on the subject.  In response to my questions, he delivered the best short synopsis I have ever ...

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Nick Gillespie - Editor in Chief, Reason.com and Reason TV

Blame Bush…no wait…Obama…no wait…blame them all.

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Nick Gillespie, Editor in Chief of Reason.com is a staunch libertarian, and one of the most rational and straight forward commentators on American politics today.  In his latest piece on spending and deficits, he performs a full frontal smack down on both parties for their profligate spending, and running up the national credit card on ...

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We are all Socialists Now

Higher Taxes on the Rich. How’s that workin’ in the UK?

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Over and over this thesis is proved.  Now in the UK it has been shown that raising the tax on million pound earners caused 2/3 of them to leave the UK, and cost the government roughly 7 billion pounds in revenue.   No surprises here, except to those who keep trying it, expecting a different result.   ...

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