California is back in the news. On Saturday, Governor Jerry Brown announced that the state’s budget deficit would exceed the original estimate he made in January of $9.2 billion. The new deficit is projected to be a remarkable $16 billion. With state spending still through the roof, unempl/… Read full post »

Statists claim that the purpose of licensure laws is to protect people and produce quality results.  They would say that through licensing, states can guarantee that whether you are educating your children, insuring your life, or getting a haircut you can be assured that the provider of those se… Read full post »

Last Thursday in Salt Lake City, Utah, a gun toting citizen single-handedly ended the stabbing spree of a knife wielding maniac.  The incident happened in a grocery store in the downtown area of the city.  The suspect apparently purchased a knife in the store and used it as a weapon to… Read full post »

Last Sunday the Obama Administration and the Afghanistan government finalized an “agreement” that commits the U.S. taxpayer to financially support the Afghan people for 10 years after the withdraw of American troops from Afghan soil at the end of 2014.  According to U.S. and Afghan o… Read full post »

In what must be the epitome of the pot calling the kettle black, last week the U.S. government announced that it and 15 states are suing Apple and other major book publishers for price fixing electronic books. The Justice Department is alleging that the price fixing publishers have agreed to convert… Read full post »

Paul Krugman, New York Times columnist, Nobel Prize winner, and Keynesian economist extraordinaire is about to have his new book released entitled, End this Depression Now.  In it, the Duke of Deficit Spending argues that a speedy, robust recovery from the Great Recession which started in 2008 i… Read full post »

There is an interesting analysis article over at Real Clear Politics that lays out a scenario whereby the August Republican National Convention evolves into the worst nightmare imaginable for party officials – a brokered convention.  Based on how Republican candidates for president have do… Read full post »

The 2012 Republican presidential race has been, so far, one of the most intriguing contests in recent memory.  It has consisted of multiple frontrunners, a sex scandal, one state and potentially a second state changing who it declared the winner of its caucus weeks after voting, the resignation/… Read full post »

Coming off derogatory remarks he recently made about the underclass in America, Republican presidential hopeful Mitt Romney apparently felt the need to throw them a bone.  Last week, he reaffirmed his support for linking regular increases in the minimum wage to the rate of inflation.  Given… Read full post »

Many on the Republican right do not trust Mitt Romney.  That’s a foregone conclusion.  Recently he made a policy statement which will only increase that mistrust.  Last week Romney announced that his position on the federal minimum wage has not changed.  When he ran for gove… Read full post »

To listen to Republican Presidential candidate Ron Paul’s speech after placing a strong second in the New Hampshire Primary you would have thought that he had just won the contest.  Filled with his usual attacks on the Federal Reserve, Military/Industrial Complex, the bloated federal gover… Read full post »

Last month it was announced that only two candidates for president in the Republican Party had qualified for the Virginia Presidential Primary on March 6 – Ron Paul and Mitt Romney.  At the time there was a lot of grumbling by the other candidates and they eventually filed a lawsuit agains… Read full post »

Americans should be used to the high political drama coming out of Washington.  Oh, there are the stories of marital infidelities, disappearing Congressional aids, toe-tapping senators and the like.  Then there are the great debates where both sides of an issue scrap and claw their way to p… Read full post »

In the debates for the Republican nomination for president, it is no accident that Newt Gingrich constantly invokes the name of conservative icon Ronald Reagan.  Gingrich continually reminds us that he was in Congress fighting for Reagan’s tax cuts and his military budgets in the early 198… Read full post »

In a recent interview with 60 Minutes’ Steve Kroft, President Obama was asked if he felt he overpromised during the last presidential campaign when it came to fixing the economy.  The President responded:

“I didn't overpromise. And I didn't underestimate how tough this was gonna be&h… Read full post »

When Richard Nixon signed the so-called Economic Stabilization Act of 1970 into law the hope was that wage and price controls would put a halt to rising price inflation.  The program was a reaction to the spendthrift ways of the federal government in the 1960s that attempted to finance both the… Read full post »

Even though he continues to dwell in the “top-tier” of Republican candidates for president, former Massachusetts’s Governor Mitt Romney continues to draw the distrust of many Republicans primary voters.  Questions continue to surround his positions on the high priority conserva… Read full post »

”I spent 33 years….being a high-class muscle man for Big Business, for Wall Street, and the bankers.  I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912.  I helped make Mexico and especially Tampico safe for American oil interests in 19… Read full post »