The Ethanol Fiasco
Since his days as a U.S. Senator, Barack Obama has trumpeted renewable energy as the catalyst for the future growth of America’s economy. He believes to this day that investments in...
Opinion
Crotch Bombers, Caulking & Now Healthcare?
So Umar Farouk Abdullmutallab got within an inch of having several hundred airline passengers fall from the sky over Detroit on Christmas Day, thanks to the ongoing holes in government-run security....
Ponzi Schemes and Social Security
More than $16 billion of investors’ money evaporated in Ponzi schemes in 2009, according to the Associated Press. Although the names Bernie Madoff and Allen Stanford were in the headlines in...
The Fully Inept Tackle Healthcare
As I’m writing this, they’re in a panic in Congress, voting in the wee hours, bribing reluctant senators with millions in slush funds for their respective states, all to ram through...
Christianity and Salvation
There is a saying about well-intentioned but misguided friends that takes on a special meaning this time of year: "God save me from my friends — I can protect myself from...
Fed Backers Seek Power More Than Wealth
The prime architect of the Federal Reserve was German immigrant Paul Warburg. Arriving in America in 1902 with brother Max, he married into the family controlling Kuhn, Loeb and Company, America’s...
A Parable of Obamacare
(With apologies to St. Luke) And it came to pass in those days that there went out a decree from the American Congress that all the country must buy medical insurance....
The Economy: Cheerleaders vs. Reality
When MSNBC headlined the report that existing home sales surged by 7.4 percent in November (according to the National Association of Realtors), it suggested that such an improvement boosted “recovery hopes.”...
Avatar: A Visually Stunning and Perfect Historical Allegory
“You are not in Kansas anymore,” the main antagonist Colonel Miles Quaritch (Stephen Lang) growls out at the beginning of the movie Avatar, “You are on Pandora.” The movie is about...
China Slows U.S. Debt Purchases
Chinese officials have once again publicly stated their intention to buy less U.S. Treasury debt, according to the December 18 Shanghai Daily newspaper. "The U.S. current account deficit is falling as...
Gang Green Going to the Dogs
The sky-is-falling greenies are getting progressively batty. It's not enough that we shut down our oil, gas, and coal industries, bike to work, switch our light bulbs, take cloth bags to...
GOP Hawks Love Obama’s War Talk
The world of American politics has witnessed an interesting role reversal over the past couple of weeks. Barack Obama's most ardent liberal supporters are disappointed, in some cases bitterly, with the...
Obamacare and Economic Stimulus Logic
“For decades rising health care costs have unleashed havoc on families, businesses and the economy,” President Barack Obama declared in October, during his surge for socialized medicine. Indeed, he frequently inveighs...
Climate Change Alarmists, Running Hot & Cold
Our dreadful destiny was that we were either going to starve to death or be buried by advancing glaciers in a new Ice Age. ...
Bernanke is “Times'” Man of the Year
With the expiration of one of the most turbulent years, economically speaking, in American history, it is not surprising that Time magazine has recognized Federal Reserve Chairman Ben Bernanke as Man...