Fame and Infamy in Chicago

We’re stuck here in Chicago as I’m writing this, stranded for a few extra days because the CNN weather map yesterday projected some scary red tornado splotches scattered along the Capitol Limited tracks we take to Pittsburgh. It looked even worse on...

Americans Hooked on Medicare Crack

“We are facing a time when we have a group of people led by President Obama, who believes that America’s greatness lies in its government, not its people. They want to hook you. They don’t want to free you.” (former U.S. Senator Rick Santorum,...

Fed Stimulus Leads to Stagflation

??Despite the full onslaught of Keynesian economic policies, including the injection of unheard of sums of printed money into the financial system, state sanctioned accounting tricks, negative real interest rates, massive deficit spending, and debasement of the U.S....

America Isn't Ready for Not-for-Profit Health Care

Drug companies are making fewer generic drugs for cancer treatments and other medical problems, according to Fox News and the FDA. This is creating quite a bit of stress and upheaval at many hospitals, and increases the possibility of frightening medical errors. Why...

Capitalism Is Not a Voucher System

Fox News online reports: “Joined by several moderate Republicans, Democrats controlling the Senate rejected a controversial House budget plan for turning Medicare into a voucher-like program for future beneficiaries. Five Republicans joined every Democrat in...

Stimulus Wears Off

The artificially engineered U.S. recovery is already starting to falter as a continuous procession of disappointing data continues to confirm the sad truth. Recent numbers on GDP, durable goods, housing, regional manufacturing, initial unemployment claims and leading...

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