“Between a good and a bad economist this constitutes the whole difference – the one takes account of the visible effect; the other takes account both of the effects which are seen and also those which it necessary to foresee.”~ C. Frederic Bastiat, 1801-1850

As the debate rages over Wisconsin Gov. Scott Walker's, "Budget Repair" bill it is important that we stand behind his valiant effort.  Local and national tea party groups are organizing a "Stand with Walker" rally for this Saturday at the Wisconsin state capitol building that I urge you to attend.  The unions are mounting a big attack, as seen by the thousands demonstrating the governor's proposal; we must respond!

For anyone who believes in free-markets and limited government, President Obama’s “State of the Union” address not only failed to provide hope for a change of course, it instilled concern that the White House would pursue a more radical one.

“Work keeps a bay three great evils: Boredom, Vice and Need.”  Voltaire, 1759 "Work is the surest route out of poverty”   Nick Clegg, Deputy Prime Minister of England

During the holiday season, we are often reminded to give to those that are less fortunate. This time of year, many of us reach into our own pockets to donate to charitable causes that we hold dear. Even in the face of tough economic times, Americans have shown that we are still generous with our hard-earned money. In 2009, Americans voluntarily gave an estimated $307.65 billion to private charities.

USA Today reports that a record number of Americans—one in six—are now dependent on government anti-poverty programs. Since the recession began in December 2007, the enrollment and cost of government programs have grown at an alarming rate.

Today, President Obama signed legislation to extend unemployment benefits. Congress claims this measure is both necessary and beneficial. Art Laffer wrote an excellent piece in the Wall Street Journal a couple weeks ago explaining why such claims demonstrate flawed and dangerous thinking. Extending benefits will extend unemployment.

Albert Einstein once said that insanity was “doing the same thing over and over again and expecting different results". Under this definition, most members of Congress could be classified as insane, especially when it comes to solving the financial crisis.