When Ronald Reagan was elected the 40th President of the United States the competition between nation states was defined along the political terms of communism, democracy, and fascism. But Reagan sought to redefine nation state competition in terms of the
Over the last five months the strength of the United States economy has surprised on the up-side. America posted its strongest quarterly economic growth since the end of 2006 and U.S. corporate profits hit an all-time record high. But with
Orange County, California is often referred to as the “Most Conservative County in America”. But County Supervisors have made a mockery of that title by increasing spending by $145.8 million, in a year of lower property tax collection. Now that
Social liberals are extremely frustrated that the “worker’s paradise” that seemed so near three years ago, is fast slipping away due to voter rejection. With the huge borrowing and spending stimulus failing to revitalize the economy, social liberals took to
Moody’s Credit Rating Service just announced the ominous trend that credit quality in the municipal bond market is falling at the fastest rate since the collapse of Lehman Brothers in 2008. Data released showed that 5.3 times as many municipal
With the 2008 “Credit Crisis” bursting the global housing bubble; the United States led and the world followed with the massive amounts of government spending and money-printing stimulus promoted by “Keynesian” economists. To stem the crashes in prices on stock
The bankruptcy of MF Global demonstrates that the 1% of crony capitalists in America are now subject to the same risks of economic losses as the other 99% of us. Led by former Goldman Sachs Chairman Jon Corzine, MF Global
Jerry Brown, California’s quirky Governor, has made a credible first step on the road to reforming the State’s insolvent public pension plans. The state is the global leader for financially irresponsible government by racking-up $350 billion in unfunded pension liabilities.
American Exceptionalism has routinely been underestimated by America’s adversaries. We have argued for the last year that powerful trends are reshaping U.S. that will lead to result a rebirth of American manufacturing, coupled with positive business trends, and just as
The Center for Retirement Research at Boston College just released an analysis entitled “Comparing Wealth in Retirement: State-Local Versus Private Sector Workers” to determine the wealth effect in retirement from 1996 to 2006 for former public employee versus the private
Congressional hucksters sold last year’s “Dodd-Frank Wall Street Reform and Consumer Protection Act” as a pro-consumer effort to prevent future big bank bail-outs. The good news, according to the U.S. Government Accountability Office, is that Dodd-Frank expanded big government payrolls
The concept that seventeen independent rich and poor European countries could come together in a monetary union and perpetuate the “euro” currency has always been a fraud. The real story behind the formation of the euro was the “Grand Bargain”.
Sally Pipes, President of the Pacific Research Institute, has written an important article in Forbes analyzing new survey results demonstrating that 87% of medical physicians in the United States no longer view the American Medical Association as representing their views
Just when the world financial markets had seemed to stabilize after five weeks of the violent convulsions caused by the first credit downgrade in the history of the U.S.; Standard & Poors announced the United States remains on negative credit
Crony capitalism is when businesses form shady relationships with government officials to gain benefits through favoritism in areas such as contracting, government grants, tax breaks, or even legal rulings. Most Americans are concerned there has been a frightening expansion of
The ultra-liberal Huffington Post blared that President Obama: “MOVING TO AVOID POLITICAL SUICIDE”; as the White House abandoned efforts to pass his American Jobs Act and went into a maximum defensive mode to save the President’s imploding re-election campaign following
In a stunning reversal of voter opinions since the first weekend in August; the Rasmussen Reports national telephone survey reveals that “Likely U.S. Voters” has flipped from 75% feeling it is at least somewhat important for the government to launch
When Texas Governor Rick Perry in the Republican debate at the President Reagan Library described Social Security as a “Ponzi Scheme”; Perry hoped the media would hyper-ventilate and scream that his political career was over. Back in 1982, Democratic Speaker
Updated – Editor’s Note: Earlier today, Mother Jones, then Media Matters for America, then the New York Times accused Andrew Breitbart of a “global warming blunder” because the piece below cited Jykri Kauppinen as an author of a Nature study
Pacific Investment Management Company (PIMCO), the world’s largest manager of bonds, has just released research analysis titled: “Saying No to Keynes and Fiscal Folly”. The report is a dramatic departure for PIMCO; who had fully embraced the Keynesian “pump priming”
The three largest California public retiree plans (CalPERS, CalSTRS, and UCRS) that administer pensions of approximately 2.6 million State and Local public current and retired employees have been under tremendous scrutiny since last year’s release of the Stanford University Institute
The media still seems baffled that prim and proper England would be almost brought to its knees by what the London Daily Mail newspaper referred to as “nihilistic and feral teenagers” rioters. For four days anarchistic youths “from all walks
Following the fire storm over our call in Big Government last week-end for an investigation of potential Presidential and Administration leaking of the Standard & Poors downgrade of the AAA credit rating of the United States; the Securities & Exchange
The tremendous 7% crash in stock market prices over the last five trading days serves as over-whelming evidence that the President of the United States or someone in his inner circle leaked “material non-public information” to Wall Street traders that
The agreement to force Congress to have an up or down vote on a Balanced Budget Amendment is the cornerstone of re-establishing America as the world leader in sound economic policy. For decades, America’s small government model was internationally respected
