To learn the truth about the cave-in, Ryan-Murray budget deal I go to Cato’s Chris Edwards. As he points out, the analysis by Republicans on the Senate Budget Committee (SBC) raises spending by $63 billion in ’14 and ’15. But the so called $85 billion in “savings” is a mix of $34 billion in revenue […]
Bitcoin Worth $524,000?
Bitcoin is a speculative corner of the market. To get a better understanding of it read this article by Brian Wesbury in the WSJ: Right now, total cash and deposits in the U.S. banking system (the M2 money supply), is roughly $11 trillion. Assuming 21 million Bitcoins are mined and they become an accepted currency, […]
Obama, IRS Target Tea Party
Treasury’s proposal to govern political activity of 501(c)(4) groups is a direct attack on the tea party. It provides the IRS with a tool to target conservative non-profits. The regulation would require conservative non-profits to prove their work is for social-welfare purposes. And if not, the government can revoke a tea party group’s non-profit status […]
In a Sentimental Mood
“Last week President Obama waxed nostalgic about the ‘good old days’ when union bosses wielded monopoly power in the workplace over more than a third of private-sector employees in America,” writes Stan Greer at the National Right to Work Committee. Union leaders are problem creators. Greer continues: An acclaimed new biography of jazz titan Duke […]
Recall Over Gun Control Heats Up
In tiny Exeter, Rhode Island the battle for a recall of town council members is going down to the wire. The council members voted to outsource the town’s concealed carry permitting, something that is against the law in Rhode Island, putting Exeter citizens’ rights at risk. The Wall Street Journal details the election here. A […]
Budget Cave-In
This budget is a mistake as Cato’s Chris Edwards points out here: Republican and Democratic negotiators are expected to agree to a budget deal this week setting spending levels for 2014. The Washington Post says that the deal will amount to “little more than a cease-fire.” However, the deal being described in media reports would be much worse than […]
The Next Gun Control Recall: Gun Owners Angered in Exeter, RI
On Saturday, four of the five town council members in Exeter, RI will be subjected to a recall election. The council has changed the way conceal carry permits are issued to residents by deferring this local responsibility to the state. This is gaining national attention as this story in The Newport Daily News was reported […]
Your Greatest Investment
Lucky you. I get to speak with successful businessmen on a regular basis. Their greatest investment tends to be in their business not the stock market. It’s never too late to invest in yourself. I speak regularly with Paul Ewing. He could easily be retired and then some, but instead he and friend David Halley, […]
The F-35 Isn’t Invisible
The F-35 program continues to disappoint while the F-18 is a proven workhorse—and is a lot cheaper. This video breaks down the debate to its simplest form.
A Refreshing Story of U.S.A. Gold
When the Sochi Olympics begin our best chance for gold on the mountain may be from a woman not named Vonn. Her name is Mikaela Shiffrin. And while the 18 year-old can ski with the best of them, it is her story that separates her from the pack. Unlike many Olympians that have spent a […]
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