Our current public school system has become too “institutional.” We have gargantuan schools and massive taxpayer spending perpetuated by every administration since 1965 throwing money at the problem. We have the best teachers in the world hamstrung by poor representation from their monopolistic unions. And we have scarce, or no, competition between public schools giving […]
Audit the Federal Reserve: HR 1207 and S 604
I Support Rep Ron Paul’s Federal Reserve Transparency Act of 2009 –Dick YoungRon Paul’s bill to audit the Federal Reserve (HR 1207) now has 254 co-sponsors, and the numbers keep growing! HR 1207’s companion bill in the Senate, S 604, has already attracted 6 co-sponsors- This is history in the making, and victory is within […]
Major Threat to U.S. Air Supremacy
Over the weekend I, along with my family, attended the Rhode Island National Guard Air Show–as did 60,000 others during the Saturday and Sunday showings. Entering the gate, I donated $10 for parking. As it turns out, that donation allowed us to witness first hand the best insurance policy America has to offer for the […]
Obama, Oil, and the Middle East
In Cairo Egypt, President Obama gave a major speech on U.S. Muslim relations. Mr. Obama’s positions were mixed in their appeal, but his words lacked backbone. The upside of Mr. Obama’s grade-A pasteurized speech was stellar teleprompter use, his hints of peaceful engagement with Iran, and his words regarding Israel and Palestine. On Friday, Pat […]
In Defense of Doing Nothing
A summary look at The Cato Institute’s excellent Cato’s Letter: Quarterly Message on Liberty featuring an editorial by Cato senior fellow and director of undergraduate studies in the department of economics at Harvard, Jeffrey Miron. On the stimulus Miron writes: “The American Recovery and Reinvestment Act of 2009-better known as the “stimulus”-represents a massive transfer […]
Letter From a Dodge Dealer
Letter to the editor: My name is George C. Joseph. I am the sole owner of Sunshine Dodge-Isuzu, a family owned and operated business in Melbourne, Florida. My family bought and paid for this automobile franchise 35 years ago in 1974. I am the second generation to manage this business. We currently employ 50+ people […]
The Real Nature of Investment Risk
When I got into the investments business well over 40 years ago, nobody had figured out a way to actually measure the risk of an investment. But several people, notably some professors at well-known business schools, were working on the idea that risk could be considered the same as variability of periodic return. Even better, […]
America’s Founding Father: Thomas Jefferson
“I am for a government rigorously frugal and simple, applying all the possible savings of the public revenue to the discharge of the national debt; and not for a multiplication of officers and salaries merely to make partisans, and for increasing by every device the public debt on the principle of its being a public […]
What If You Were President?
If you were the person in charge of this nation would you do any of the following? 1) While corporate profits are sinking (causing companies to be less likely to create future jobs), would you raise corporate taxes like Obama wants to do, or cut them as I would do? 2) Would you reduce […]
The Cass Sunstein Question
As a Cato Institute benefactor, a NRA Life Member, and a member of the Federalist Society, I have a keen interest in the 2nd and 10th Amendments. The principal author of the Constitution, James Madison, wrote that the powers of the federal government were “few and defined.” The 10th Amendment made clear that any powers […]