The forgotten issue in Obamacare
Obamacare is unconstitutional. The federal government lacks the authority to compel citizens to engage in commerce. Let's hope at least 5 of the 9 justices on the Supreme Court get this one right. But while ....
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Constitutional Ignorance
A February 2021 USA Today/Gallup poll on Obamacare revealed some interesting statistics: 1. Americans are divided (45% vs 44%) on whether Congress did a good or bad thing by passing the law. 2. 72% of ....
The Cost of Easy Money
The Federal Reserve's easy money policy has been keeping interest rates below the long-term expected rate of inflation. Many see this as a big plus for Americans struggling to survive the down economy, particularly those ....
The Chevy Volt Saga Continues
When it comes to the Chevy Volt, the market has spoken. The Volt is not ready for prime time. The facts are clear. GM sold 7671 Volts in 2011, short of its target of 10,000. ....
Obama and the rising price of oil
The price of oil has almost doubled since Barack Obama was elected president. Candidate Obama blamed Bush’s “ties to big oil,” but President Obama claims there’s no silver bullet to lower the price. Moreover, he ....
Tax Reality
Congress passed an extension of the payroll tax cut on Friday in a package deal. The bill enjoyed widespread but not universal support among both Republicans and Democrats. I see this package as election year ....
The Venezuelan experiment continues
Hugo Chavez has been fighting capitalism in Venezuela since he became president in 1998. From confiscatory taxes on the rich to the nationalization of private companies, Chavez has “fundamentally changed” the nation. Blessed with plentiful ....
Obama’s Mortgage Proposal
President Obama's home mortgage relief plan is the latest in a series of bad ideas. Like most government intervention, it sounds reasonable to the casual listener. But there are serious problems. “Right now, there are ....
Class Warfare & the State of the Union
Nothing is more central to Marxist thought than class envy. The argument is simple: The rich got what they have unfairly so a central authority is needed to make things fair again. This line of ....
Revisiting the Gold Standard
I get lots of questions about the gold standard. Many ridicule the idea and infer that linking paper currency to a precious metal is an outdated concept. A detailed discussion on the gold standard would ....