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Blog

CBO warns lawmakers that Social Security is still going broke

The Congressional Budget Office issued another dire warning last week on the ominous state of the Social Security, the social retirement and disability programs created by Congress in 1935 as part of President Franklin D. Roosevelt's "New Deal."

3 hours ago
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Gruber Says Seniors Need Less Choice in Health Care

You know what they say you should do when you’re stuck in a hole: stop digging. This is advice that could well have been heeded by ObamaCare Architect Jonathan Gruber, whose repeated comments about the stupidity of the American public and the need to deceive them in order to pass ObamaCare continue to make headlines, though not the good kind like you want.

11/17/2014
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Next, Big Millennial Tax – Raise the Cap on Social Security

Personal Freedom and Prosperity 110: The Rule of Law A 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.

05/11/2014
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Government Pensions and the Enormous Burden on our Children and Grandchildren

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

03/02/2014
Ironman Athlete Collecting Worker's Compensation
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Ironman Athlete Collecting Worker's Compensation

A recent report out of Mesa, Arizona demonstrates the inevitable negative consequences of supposed problem-solving government programs. Audrey Glemba, a 49-year-old triathlon runner, became a medically-retired police officer collecting worker's compensation for an injury she claimed prevented her from working. Taxpayers in her city are now paying her $508 a month, in addition to medical retirement benefits.

02/06/2014
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Social Security Parallels Detroit's Pension Heist

Democracy and Power 103: Government MoneyIn general, the art of government consists in taking as much money as possible from one party of the citizens to give to the other. —Voltaire (1764)Politicians transfer money from productive people to favored special interest groups.

10/04/2013
Own Your Retirement
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Own Your Retirement

Personal Freedom and Prosperity 102: Acquiring and Possessing PropertyThat all Men are born equally free and independent, and have certain inherent natural Right…; among which are the Enjoyment of Life and Liberty, with the Means of acquiring and possessing Property, and pursuing and obtaining Happiness and Safety. —Virginia Declaration of Rights (1776)

08/11/2013
Social Security Manipulation Violates the Rule of Law
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Social Security Manipulation Violates the Rule of Law

Personal Freedom and Prosperity 110: The Rule of LawA 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.

06/12/2013
Chained CPI – Harms Elderly and Bamboozles the Young
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Chained CPI – Harms Elderly and Bamboozles the Young

Democracy and Power 102: Voters are Rationally IgnorantHarmfully, the vast majority of the voters are rationally ignorant of most government actions; bills, legislation, regulations and taxes that will ultimately impact their lives.

04/18/2013
President Obama’s Budget: Hardly a “Grand Bargain”
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President Obama’s Budget: Hardly a “Grand Bargain”

Like malfunctioning clockwork, President Barack Obama's new budget proposal has arrived (a little late) to provide us all with some comic relief. Aptly referred to as a "fantasyland" by POLITICO's David Nather, President Obama's budget hikes taxes, expands federal interference in education, increases the minimum wage, and bails out another federal agency. Sound appealing?

04/14/2013

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