John A. Parnell, Ph.D.
Commenting Tuesday (February 5) on the Toyota gas pedal situation, Transportation Secretary Ray LaHood used an interesting choice of words: "We're not finished with Toyota..." Herein lies the heart of the matter. We are familiar ....
We can learn a lot about the cycle of socialism by watching Venezuelan President Hugo Chavez. To be clear, Chavez is not a well-intentioned, misguided socialist. He seeks the power, world attention, and hemispheric domination ....
In a 2003 ruling, Supreme Court Justice Sandra Day O’Connor suggested that using race as a factor in college admissions decisions might make sense only for a limited period of time. Now retired, O’Connor just ....
In a completely market driven economy, interest rates—like all other prices—are determined by supply and demand. The Fed largely determines interest rates in the U.S., however, and for this we pay a heavy price. Earlier ....
I hope you enjoyed the Christmas season, but let's face it—2009 has been a tough year. The economy is in the tank, unemployment hovers around 10%, the national debt has spiraled out of control, and we are ....
Amnesty is back. Rep. Luis Gutierrez has introduced a bill in the House that would ultimately provide citizenship for illegals who pay a $500 fine, learn English, and pass a background check, referring to such ....
Economic ignorance is commonplace. Here are 3 examples from the past few days: 1. I don't know if a second stimulus will work, but I'm glad Obama is doing something. 2. We'll never get our ....
Ben Bernanke is currently fighting for Senate reconfirmation as Chairman of the Federal Reserve. Bernanke has presided over a more expansionary and intrusive Fed than our country has ever seen. His agency's rabid expansion of ....
The ongoing debate on the so-called "jobless recovery" is intensifying. The Obama line is that his aggressive (massive) spending "saved the economy from the brink" and current stagnation is part of a long term problem created by Bush ineptness. Finishing ....
You know things are bad when the Chinese lecture you about free market economics. Recall the laughter Geithner received from Chinese students five months ago when he assured them that their dollar-based assets were secure. ....