It has long seemed to me that there is far more rationality in sports, and in commentaries on sports, than there is in politics and in commentaries on politics. What has puzzled me is why this is so, when what happens in politics has far more serious effects on people's lives.

States are considering applying Article I, Section 10 not to "make anything but gold and silver coin a tender in payment of debts."

Federal subsidies distributed to the private sector in Fiscal Year 2012 cost American taxpayers nearly $100 billion, according to a startling new report by the libertarian Cato Institute. “That includes direct and indirect subsidies to small businesses, large corporations, and industry organizations,” the think tank stated in its policy analysis.

Based on a study by the Urban Institute, AP writer Stephen Ohlemacher has announced a surprise for couples who started collecting their Social Security last year: They won’t be getting all their money back. In fact, under the assumptions by the think tank, they won’t even come close.

 A Denver area baker who was boycotted by homosexuals over his refusal to provide a wedding cake for a same-sex couple has seen his business more than double, thanks to the efforts of area residents who are taking a stand for liberty and traditional marriage.

Nearly 3 percent of the households that receive food stamps in United States would have been ineligible to receive them if the income eligibility rules had not been changed, the Government Accountability Office has reported.

Two days after the opening ceremonies of the XXX Olympiad in London, England, Smith College Professor Andrew Zimbalist was asked if he knew of any Olympics that ever justified the enormous expense involved from an economic point of view. His answer: only Barcelona, in 1992.

Congressional lawmakers have launched an investigation into potential taxpayer abuse carried out by the General Services Administration (GSA), a federal agency already charged with spending millions of dollars on lavish conferences and for other alleged financial misconduct. The embattled government department is being probed for 77 conferences and award ceremonies over the years as new information came to light over an exorbitant one-day event in Crystal City, Virginia that cost more than $250,000.

JBS CEO Art Thompson's video news update for July 30 - August 5, 2012. In this weekly video news update for July 30 - August 5, 2012, JBS CEO Art Thompson discusses: how the War on Terror produces more terror, the War on Poverty produces more poverty, and the War on Drugs produces more drugs; how Saving the Euro means Saving the EU; and how a suggestion in the New York Times to drop algebra is just another example of the dumbing down of the American student.

Perhaps the biggest lie of this election year, and the one likely to be repeated the most often, is that the income of "the rich" is going up, while other people's incomes are going down. If you listen to Barack Obama, you are bound to hear this lie repeatedly.

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