Wary Investors Give US Stocks Another Go

Recently, the stock market has been roaring, with the S&P 500 up a stunning 22% from October 3, 2011, which was the low of last year. In fact, the first month of 2012 has been one of the best Januaries on record for US stocks. On top of that, last Friday’s...

Good or Bad Economy? Win-Win for Obama

Obama says the unemployment numbers — down slightly — are good news. Critics say these unemployment numbers are mostly a reflection of the fact that more Americans are giving up on employment permanently, and therefore are no longer figured in the...

Crony Communism

It’s not like the old days in China when the top guys in the Communist Party at least pretended to be pro-equality. Back then, “poor peasants” were encouraged to denounce and kill “rich peasants” for the crime of being too productive, too...

The Grand Illusion of Medicare

National Journal online reports: “According to the Congressional Budget Office, which released its new Budget and Economic Outlook report [last week], a 10-year repeal of the growth-rate formula that froze doctors’ rates [for Medicare reimbursement] at...

A Divided America? If Only!

Senator Jim DeMint of South Carolina says: “I can guarantee you in the Super Bowl this year the two coaches are not telling their teams to go out and work with the other guys because the other team has an opposite goal. In politics —unfortunately now in...

Ending the Commons

What do government schools, the post office, waterways, and roads have in common? Besides being in sorry condition, each is an example of the tragedy of the commons. The tragedy of the commons, according to Wikipedia, occurs when multiple individuals, acting...

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