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Illinois' Pension Crisis: The Future of American Entitlements
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Blog

Illinois' Pension Crisis: The Future of American Entitlements

Sit up and take notice, Washington – the future of America’s entitlements is unfolding before you in the form of the Illinois pension crisis. Illinois’ five state-funded pension systems were almost $100 billion too small to meet promised pension obligations, potentially affecting state employees, “down-state” teachers (Chicago teachers have their own pension problems), state university employees and even General Assembly members.

04/03/2013
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Thanks to the Supreme Court, Seniors Still "Trapped in Medicare"

In 2008, a group of liberty-minded citizens filed a lawsuit, Hall v. Sebelius, to disconnect Medicare Part A membership from their Social Security benefits. Last February, the D.C. Court of Appeals narrowly ruled in favor of the government, and the case seemed destined to reach the Supreme Court. Unfortunately, the Supreme Court recently announced that it would refuse to hear the case, thereby rendering the lower court’s decision final.

02/20/2013
Are Republicans Set to Cave on Tax Hikes?
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Are Republicans Set to Cave on Tax Hikes?

A skilled poker player as they say, never shows his cards. Republicans seemingly haven't heard such advice.  With 'fiscal cliff' negotiations taking place in the media of late, they are proving to be poor poker players, poor negotiators, and all-too-willing to fold.  

11/27/2012
The Freedom IRA – Stop Robbing from the Young to Fix Deceitful Government
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The Freedom IRA – Stop Robbing from the Young to Fix Deceitful Government

Democracy and Power 103:  Government money  In 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) 

10/27/2012
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Office Hours with Dr. Brough: “The Constitution, Taxes, and Social Security”

Our first ever “Office Hours” segment was a fantastic success last week. Thanks to everyone’s support the link was shared more than 16,000 times on Facebook. Numerous questions were sent to our e-mail account, and, while we wish we could answer them all, time allows for only a few.

10/19/2012
Will President Romney Seriously Tackle Entitlement Reform?
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Capitol Comment

Will President Romney Seriously Tackle Entitlement Reform?

In the aftermath of the first Presidential debate last week, I wrote that it was an unmitigated success for Republican challenger Mitt Romney. While it was clear that it was a thorough tactical defeat that has vaulted Romney in the polls and placed Obama permanently on defense for the remainder of the campaign, there was a notable lack of focus on debt reduction.

10/11/2012
Social Security: Structurally Violates Freedom
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Social Security: Structurally Violates Freedom

 Personal Freedom and Prosperity 102:  Acquiring and Possessing Property That all Men are born equally free and independant, and have certain inherent natural Rights,…; among which are the Enjoyment of Life and Liberty, with the Means of acquiring and possessing Property, and pursueing and obtaining Happiness and Safety. -Virginia Declaration of Rights – 1776

10/11/2012
Obama in Presidential Debate: "Social Security is Structurally Sound"
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Obama in Presidential Debate: "Social Security is Structurally Sound"

President Obama said that “Social Security is structurally sound” in the presidential debate last night.

10/04/2012
It’s the Politicians, Stupid: Governing Elites have Failed
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It’s the Politicians, Stupid: Governing Elites have Failed

Democracy and Power 106:  A politician receives no financial gain for good policy or punishment for bad policy.It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong. – Thomas Sowell

08/01/2012
Social Security: Has Become a Welfare Program
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Social Security: Has Become a Welfare Program

Personal Freedom and Power 105:  Freedom and Governance "A wise and frugal government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government." 

04/13/2012

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