On March 12, the Missouri House of Representatives passed a resolution sponsored by Rep. Paul Curtman calling on Congress to audit the Federal Reserve.
In a stunning depiction of how bad our tax code has become, the Wall Street Journal on March 10 found that 60 major U.S. companies parked a total of $166 billion abroad last year, enabling them to avoid almost $100 billion in taxes. Otherwise put, around 40 percent of these companies’ aggregate total earnings were shielded from taxes — and also made unavailable for paying dividends or making investments in the United States.
Once we recognize that large differences in achievement among races, nations and civilizations have been the rule, not the exception, throughout recorded history, there is at least some hope of rational thought — and perhaps even some constructive efforts to help everyone advance.
When it was announced on Monday that former Detroit Mayor Kwame Kilpatrick had been convicted on 24 counts of racketeering, fraud, and extortion, the New York Times failed to mention that it could have been worse — if enough hard evidence had been found to pursue the former mayor's alleged ties to a murder.
A state Supreme Court judge struck down New York Mayor Michael Bloomberg's ban on the sale of large-sized sugary drinks one day before it was set to go into effect.
Both the Progressives at the beginning of the 20th century and the liberals at the end started from the same false premise — namely, that there is something unusual about different racial and ethnic groups having different achievements.
The underlying assumptions of Rep. Paul Ryan's new budget to be unveiled on Tuesday, which include repealing ObamaCare and replacing Medicare, make his promise that the federal budget will be balanced in 10 years highly suspect.
According to Friday's Labor Department report, the economy generated 236,000 new jobs in February, dropping the unemployment rate to 7.7 percent. But these number do not reflect some unsettling facts: Part-time jobs increased while full-time jobs fell, and the labor force itself continued to shrink.
Congratulations! You’ve managed to survive a whole week since sequestration hit. And despite all of the dire warnings that were issued, airplanes didn’t fall from the skies, prison gates weren’t thrown open, the indigent didn’t lose their food stamps, and essential safety personnel didn’t lose their jobs.
Budget sequestration is as modest a step toward cutting Leviathan as one can imagine. Further progress will be difficult as long as people believe that slashing the size of government conflicts with reviving the economy. Nothing could be further from the truth.