The Congressional Budget Office projects O’Care will cost 2.3 million people their job through 2021. And these are not burger-flipping part-timers—these are full-time workers. “CBO said the jobs figures largely represent Americans who will choose not to work rather than those who will lose their jobs or have their workweeks reduced because of the law,” […]
Vanguard GNMA’s 7% Spread
Last year the so called smart guys said bonds were dead. They must have forgotten that stocks don’t go up forever. In January the Dow dropped 5%, but Vanguard GNMA gained 2%–a spread or difference of 7%. Not a bad start to the year for Vanguard GNMA.
Porky Pig of a Farm Bill
My Cato friends Michael Tanner and Chris Edwards break-down the $956 billion Farm Bill for you. Don’t believe anything the media puts out saying this is a cut. Check-out the chart below. A 49% increase is not a cut. And while Republicans rant and rave about food stamps let’s not forget about the gigantic food […]
Peyton Manning a Class Act
The way Peyton Manning carried himself in defeat is yet another reason why he is a world class individual. It was then that Peyton Manning heard the very respectful voice of Steve Lopez, a beer vendor from the Bronx. “Mr. Manning, could I please get an autograph?” the 25-year-old asked. Manning’s head turned and looked […]
P.J. O’Rourke: The Funniest Man in America
P.J. O’Rourke is a regular at Cato Institute gatherings, lacing the proceedings with brilliant comedy.
Beretta’s Hittin’ the Road
Beretta has announced plans to build a factory in Tennessee and not in Maryland where it has been for 35 years. The new facility will create 300 jobs. Maryland’s Governor Martin O’Malley (D) and his anti-Second Amendment Firearm Safety Act of 2013 are to blame for the departure. Our Liberty and Freedom map shows you […]
Bring Back the Big “O”
Last year Boston sports radio station WEEI fired legendary afternoon host Glenn Ordway. The show hasn’t been the same since. It’s time to bring back the Big Show with the Big O. And it may just happen. The Boston Herald reports: WEEI, in a battle for survival with rival 98.5 The Sports Hub, may be headed for […]
Liar!
As John Hayward points out, President Obama’s increased minimum wage to $10.10 via executive order is not going to affect 2 million federal workers. They simply do not exist: Clearly the two greatest problems facing America are that not enough people work for the federal government, and federal employees don’t make enough money. Are there […]
Starting Over
You can bet investors will be phoning their brokers in a week or two when they get their January statements. The phone never rings when the market’s up. And it never ceases to amaze me how quickly investors forget—2008 wasn’t that long ago. It’s never a good idea to expect the markets to do something […]
Smith & Wesson and Sturm Ruger Leave California
Gun laws keep guns out of the hands of law abiding citizens, not criminals—they’ll get their guns regardless of the law. California requires guns to have microstamping or a serial number on the bullet casings. The microstamp is supposedly used to trace the bullet back to the gun owner—not necessarily the shooter. What a joke. […]
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