Iran marked the 30th anniversary of the Islamic Revolution with a successful launch of its first indigenous satellite on Feb. 2. The Omid — “Hope” in Farsi — satellite was launched via the Iranian-produced satellite carrier Safir-2 —...
POLITICS
Taxes and Prosperity Lost
Ask the average person which is the correct answer to the following question: Which president gave the biggest tax cuts for the rich — Reagan or Bush? I would bet the rent money that you would not get the correct response, which is: Presidents have no taxing...
CEObama: The Car Czar
As the saying goes, be careful what you wish for — you just might get it. Just ask American car makers. In December, the CEOs of General Motors and Chrysler flew, hat in hand, to Washington. They needed billions of taxpayer dollars to stay out of bankruptcy...
Death and Taxes and the Motive of Governement-Managed Health Care
When you file your taxes this year, consider this certainty: As an ever-increasing amount of our taxes are appropriated for government spending on health care, tax policy ultimately has little to do with attempting to improve the quality and affordability of health...
Mob Rule Comes to Washington: Capitalism as a Scapegoat for Government Intervention
In dealing with AIG, why are people pussyfooting around? They believe that the bonus money was stolen from the public and must be retrieved by any means possible. So why not bypass the niceties and just send in some well-armed “enforcers” to confiscate the...
Misrepresenting “How We Arrived at This Moment”: Obama Evades Government’s Role in the Financial Crisis
What must be done to recover from this financial crisis? Barack Obama rightly stresses that we first must understand how today’s problems emerged. It is “only by understanding how we arrived at this moment that we’ll be able to lift ourselves out of...
Government Deception About Government Finances
Most Americans accept the continuing attack on tobacco companies and smokers, but how do they feel about the massive government deception? In 1998, 46 state attorneys general and major tobacco companies signed the Master Settlement Agreement. The major tobacco...
Physics By Induction: The Genius of Learning Science The Proper Way
My students had the extreme good fortune of being taught physics by David Harriman, a scholar of physics who is currently writing a book on the influence of philosophy on the history of physics. With his vast knowledge of physics and pedagogy, Mr. Harriman designed a...
Random Thoughts: April 2009
Random thoughts on the passing scene: I am so old that I can remember when music was musical. Now that the federal government says that it will stand behind the warranties on General Motors’ automobiles, does that make you more likely or less likely to buy a car...
Obama at the London G20 Summit
In his news conference following the London G20 Summit on April 2, Obama said this: In terms of local politics, look, I’m the President of the United States. I’m not the President of China, I’m not the President of Japan, I’m not the...
Going John Galt and the Need for a Moral Defense for Capitalism
As we gaze into an uncertain future it seems that there is a storm looming over the horizon–and for once, I am not referring to our current economic woes. Rather, I am identifying the fact that America is finally beginning to stir. Across the country there...
Our Problem Is Immorality
Most of our nation’s great problems, including our economic problems, have as their root decaying moral values. Whether we have the stomach to own up to it or not, we have become an immoral people left with little more than the pretense of morality. You say,...
Barack Obama: A Rookie President
Someone once said that, for every rookie you have on your starting team in the National Football League, you will lose a game. Somewhere, at some time during the season, a rookie will make a mistake that will cost you a game. We now have a rookie President of the...
Obama and The “Great” Nation of Iran
The President of the United States doesn’t care about the rights of individuals. He only cares about the power of governments.
States Rebellion Pending: The 10th Amendment in Action
Our Colonial ancestors petitioned and pleaded with King George III to get his boot off their necks. He ignored their pleas, and in 1776, they rightfully declared unilateral independence and went to war. Today it’s the same story except Congress is the one...
Federal Health Board: Hazardous to Your Health
Nearly a century ago, the United States Federal Reserve Bank was established. The stated purpose was to eliminate boom and bust and other fluctuations in the U.S. economy. Federal government control of banking and the money supply was declared to be absolutely...
Cheap Political Theater Courtesy of Christopher Dodd and Barney Frank
Death threats to executives at AIG, because of the bonuses they received, are one more sign of the utter degeneration of politics in our time. Congressman Barney Frank has threatened to summon these executives before his committee and force them to reveal their home...
AIG is Left Holding the Government’s Bag
On March 16, Obama said this about AIG: I do want to comment on the news about executive bonuses at AIG. … This is a corporation that finds itself in financial distress due to recklessness and greed. Under these circumstances, it’s hard to understand how...
False Solutions and Real Problems: The Housing Crisis Revisited
Someone once said that Senator Hubert Humphrey, liberal icon of an earlier generation, had more solutions than there were problems. Senator Humphrey was not unique in that respect. In fact, our present economic crisis has developed out of politicians providing...
Message To The Bailout Boys: Bankruptcy is Economically Valuable
What is bankruptcy? Bankruptcy is a financial state that occurs when a person or business can no longer repay its debts. In the legal sense, bankruptcy begins when a court recognizes that the financial state of bankruptcy exists. The bankruptcy court takes...
Obama’s Plans Will ‘Work’ — To Breed Servile Dependence
The political left-wing in America and most Democrats are hopeful, even gleeful, that “Obamanomics” might “vanquish” Reaganomics,[1] that tax-hiking, pork-dispensing schemes aimed at boosting consumption and government (a la John Maynard Keynes)[2] will displace...
Bernard Madoff is Small Potatoes Compared to the Government
Bernard Madoff has confessed to a Ponzi scheme whereby he swindled investors of billions of dollars. “In court documents, prosecutors say Madoff reported he oversaw $64.8 billion.” Multiply that staggering amount of money by 3,000, and you get roughly the...
Good Ideas vs The Constitution of the United States of America
Good Ideas During winter months, I work out 10 minutes on the treadmill and lift weights at seven stations four mornings a week. Over the years, during the spring through fall months, I racked up about 2,000 miles on my road bike. This level of exercise helps account...
Obama’s Socialist “Reforms” for American Healthcare are Impractical and Immoral
In his March 7th weekly address, Obama said this: [B]ecause we cannot bring our deficit down or grow our economy without tackling the skyrocketing cost of health care, I held a health care summit on Thursday to begin the long-overdue process of reform. Our ideas and...
What is Good Government?
Good government? Isn’t that an oxymoron? Many today believe so. Who can blame them? Our political system has increasingly become a chaotic jungle driven by competing pressure groups (“special interests”) seeking special “favours” and...
Subsidizing Bad Decisions: Government Bailouts for Homeowners in Trouble
Now that the federal government has decided to bail out homeowners in trouble, with mortgage loans up to $729,000, that raises some questions that ought to be asked, but are seldom being asked. Since the average American never took out a mortgage loan as big as seven...
Obama’s “Logic” on the Mortgage Crisis
In his “ Remarks by the President on the mortgage crisis ” on February 18, Obama stated: Our housing crisis was born of eroding home values, but it was also an erosion of our common values, and in some case, common sense. It was brought about by big banks...
Obama’s Regulatory Chief Believes in “Libertarian Paternalism”
The old joke runs, “I’m from the government and I’m here to help.” Most Americans are appropriately skeptical of such a claim, just as they are skeptical when told that they’ve won $10 million in a Nigerian lottery. But President...
Medical Progress Requires Freedom of Information
Sometimes drugs developed to treat a specific condition can have unanticipated results for the treatment of other conditions. Sometimes this is discovered by patients and their physicians as an accidental byproduct of monitoring the effectiveness of the medication....
Immigration: Why the Debate is Tragically Flawed
In a free country, it’s self-evident that there’s room for everyone. This is because free people are also, by definition,self-responsible. The only people who need to be kept out of a free country are violent criminals and others who are objective,...
Sweden’s Government Health Care
Government health care advocates used to sing the praises of Britain’s National Health Service (NHS). That’s until its poor delivery of health care services became known. A recent study by David Green and Laura Casper, “Delay, Denial and...
Is Talk Cheap? Barack and Adolf
They say talk is cheap. But in fact it can be devastatingly expensive. Among the generation of Germans who were enthralled by Hitler’s eloquence, millions paid with their lives and their children’s lives for empowering this demagogue to lead them to ruin...
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