Cato Institute!s Chris Preble outlines the power of our nuclear submarine fleet and what it’s future should hold. The Navy already is requesting $60 billion for the SSBN(x) as supplemental funding. At a recent hearing of the House Subcommittee on Seapower and Projection Forces, Rear Adm. Richard Breckenridge, the Navy’s director of undersea warfare, asked […]
Your Trusted Adviser?
Your job in selecting investment counsel has never been more difficult. And it’s not going to get any easier as you can see here. The Wall Street Journal reports that brokers get complaints against them scrubbed from the record in the vast majority of cases where they request it. Stockbrokers are being routinely allowed to […]
The Only State that Lost Middle-Wage Jobs
You can see here which states are creating middle-skill jobs—jobs that pay between $13.84 and $21.13 per hour. “At the bottom, Rhode Island is the only state that’s lost middle-wage jobs the last few years. Coincidentally, it’s also seen a decline in high-wage jobs, meaning all of its job growth has been in occupations that […]
Welfare Reform Underway in Europe
Europe is leading the way with welfare reform. Cato’s Michael Tanner outlines the good news. And the new government in Norway is leading the way. Even the so-called “Nordic model,” long touted by advocates of the welfare state, is undergoing profound changes. Sweden long ago enacted significant reforms to its safety net, including the partial privatization […]
Today’s Tea Party Reality
Here The Wall Street Journal’s William Galston outlines the power,the goals and the players in today’s fed-up Tea Party. Jacksonians care as passionately about the Second Amendment as Jeffersonians do about the First. They are suspicious of federal power, skeptical about do-gooding at home and abroad; they oppose federal taxes but favor benefits such as […]
Paying Interest on Our Bonds Is a Binding Legal Obligation
Here Cato’s Allen Reynolds gets to the core of the budget problem. It is spending and debt. America faces two very serious budget problems: Democrats, and Republicans. Partisan wrangling over the brief shutdown of about 17 percent of the federal government has been unnecessarily long and convoluted because both sides keep repeating their misleading talking points […]
National Front Gaining in France
The far left and Socialists are terrified by the progress of the National Front. Momentum is clearly building here and hardworking French are fed up. It is time for a new French Revolution as it is in the U.S. France 24 reports: France’s mainstream political parties were Monday scratching their heads over what to do […]
Obamacare Is Dive Bombing!
Nobody is signing up. The insurance plans offered have little appeal. And the Obamacare website cannot handle even the current modest traffic. Here Mark Theissen, writing in the Washington Post, explains. The shutdown drama has distracted from the fact that Obamacare’s debut is worse than many realize — and it threatens the fundamental viability of […]
America Is at a Turning Point
Pat Buchanan calls it right. Republicans must stand strong against Obamacare the job killer. “History does not repeat itself, but it does rhyme.” Mark Twain’s insight comes to mind as one observes the panic of Beltway Republicans over the latest polls in the battle of Obamacare. According to Gallup, approval of the Republican Party has […]
Good Morning from Paris
Debbie and I are in France facing the absurdity of the supposed U.S. government shutdown. The Wall Street Journal lays out the details: Jim Kosinski sensed something was wrong when he noticed the American flag wasn’t flying here on this windswept shoreline, the final resting ground of thousands of U.S. troops who died during World […]