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A Simple Plan to Avert the Fiscal Cliff
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A Simple Plan to Avert the Fiscal Cliff

What should Congress do on the Fiscal Cliff? 1) Lock in $1.2 trillion in ten-year sequester savings. 2) Extend ALL current tax rates for one year. 3) Reform taxes and entitlements to avert another debt downgrade. Questions? P.S. From now on, every debt ceiling increase should be offset by an equivalent amount of spending reductions, in the same bill. No more kicking the can down the road! That is all.

12/10/2012
Obama and Boehner: America's Duo-Dictators
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Obama and Boehner: America's Duo-Dictators

Democracy and Power 101: Government is PowerThe essence of government is power; and power, lodged as it must be in human hands, will ever be liable to abuse. —James Madison, Speech in the Virginia State Convention of 1829-1830

12/08/2012
Obama Increases Spending for Special-Interest Predators
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Obama Increases Spending for Special-Interest Predators

Democracy and Power 114: The Power PlayersWho actually controls the force of government? Politicians and interest groups control the American political process. Special-interest groups - i.e. big business, small business, big unions, education, seniors, and a multitude of others - seek favors: tax breaks, subsidies, exclusive legislation, etc. Interest groups give enormous amounts of money to political campaigns and receive gigantic benefits in return.

12/03/2012
Arbitrary Government Rules Slow Investment and Growth
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Arbitrary Government Rules Slow Investment and Growth

Personal Freedom and Prosperity 110: A Predictable and Stable Legal orderA government with moral and legal authority promulgates written rules and universally, impartially and uniformly enforces those rules, which provides a predictable and stable legal order on which to base economic and personal decisions.  The law prevails, not the proclamation or arbitrary decision of a ruler, government bureaucrat, the enforcer (e.g., policeman) or judge.  

11/25/2012
Fiscal Cliff and Lame Duck Session Will Produce Terrible Policies
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Fiscal Cliff and Lame Duck Session Will Produce Terrible Policies

Personal Freedom and Prosperity 110: A Predictable and Stable Legal OrderA government with moral and legal authority promulgates written rules and universally, impartially and uniformly enforces the rules, which provides a predictable and stable legal order on which to base economic and personal decisions.  The law prevails, not the proclamation or arbitrary decision of a ruler, government bureaucrat, the enforcer (e.g., policeman) or judge.

11/15/2012
The Conniving Five – Obama, Pelosi, Reid, Boehner and McConnell
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The Conniving Five – Obama, Pelosi, Reid, Boehner and McConnell

Democracy and Power 108: ObfuscationWherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity. – Hans F. SennholzThe Conniving Five – Obama, Pelosi, Reid, Boehner and McConnellWould you hire the investment firm of Obama, Pelosi, Reid, Boehner and McConnell to manage your money?  Never. 

11/11/2012
Obama Wins – Markets Plunge
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Obama Wins – Markets Plunge

Democracy and Power 104: Future Debt BurdenGovernment debt is a government claim against personal income and private property – an unpaid tax bill. – Hans F. Sennholz

11/08/2012
We Spend HOW MUCH On Welfare?
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We Spend HOW MUCH On Welfare?

While researching another blog post, I came across an article that truly shocked me - which is really hard to do, given my familiarity with the Obama administration's free-spending ways.

11/01/2012
Green Energy Cronyism Leads to the White House
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Green Energy Cronyism Leads to the White House

Green energy failures under President Barack Obama’s Department of Energy are nothing new. However, it is becoming apparent that the cronyism behind these loans could lead all the way to the White House. 

10/30/2012
Obama adds another green energy failure with Abound Solar
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Obama adds another green energy failure with Abound Solar

President Obama’s ever-growing list of green energy failures now has one more company. Solar panel manufacturer Abound Solar is under criminal investigation for possible securities fraud, consumer fraud, and financial misrepresentation in Colorado. Of this particular company, he said in 2009 that it would create 2,000 jobs in construction and 1,500 permanent jobs. Instead, the plant was closed in July and filed for Chapter 7 bankruptcy, leaving 125 workers unemployed.

10/29/2012

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