John A. Parnell, Ph.D.
Arizona is now attempting to do what the federal government has refused to do for decades, seal its southern border. President Obama has done nothing to engage the federal government is carrying out its Constitutional responsibility to provide border security, yet was among the first to criticize Arizona for trying to do the job on […]
Read MoreIn his weekly radio address today, the President asserted that his proposed financial regulation scheme would end taxpayer-funded bailouts “once and for all,” adding that it would put an end to the “cycles of boom and bust” that have plagued our economy. I would concede that a certain amount of government involvement in the financial […]
Read MoreA Value-Added Tax (VAT) is a levy that is factored into the prices of goods and services at every stage of production. By the time a product hits the shelf at your local store, its price already includes the tax. The VAT is popular in many other nations, especially those in Europe where the typical […]
Read MoreThe Service Employees International Union (SEIU) has formally proposed what some on the left have been hinting at in recent years, a government takeover of your 401(k) plan. Instead of investing your funds privately, your retirement contributions would be pooled with everyone else’s and “professionally managed” by government “experts” to ensure that you have adequate […]
Read MoreI spent an evening with WE THE PEOPLE OF BRUNSWICK COUNTY (www.wethepeopleofnc.com) last week. I addressed a number of topics, including what I see at the top 10 liberal misunderstandings that must be countered when we engage our friends, neighbors, and co-workers between now and November. I’m sure my list is incomplete, but here goes: […]
Read MoreIt’s time to update my earlier blog on the Toyota situation. By now we’re all familiar with James Sikes, the California driver who alleged uncontrollable acceleration with his Toyota Prius. I was highly suspicious of Sikes when I first heard the story. The setup was just too clean—nobody else in the car, acceleration on a […]
Read MoreBy now everyone has heard about the fate of Central Falls High School in Providence where 93 teachers, guidance counselors and administrators were fired two weeks ago. Eleventh graders at the school had a 7% passing rate on a standardized math test this year. Fewer than half of the students graduate in four years. The […]
Read MoreLast week Vice President Joe Biden proposed two new rules designed to help Americans avoid bad 401(k) and IRA investment advice: “If the rule is adopted, it would put in place safeguards preventing investment advisors from slanting their advice for their own financial benefit. [1] Investment advisors also would be required to disclose their fees, […]
Read MoreIt’s been leaked that Obama’s new healthcare initiative seeks to grant Washington the authority to veto price increases on health insurance premiums. This “get even with your insurance company” scheme might sound attractive to the masses, but it is another in a series of bad ideas from the left. Whether on gas or healthcare, price controls […]
Read MoreThere is a common misconception that CEOs are, by definition, capitalists. But this is not always the case. Executives—especially those in large firms—often welcome government intervention when it serves their own purposes. A recent example illustrates this principle well. The CEOs of two large financial institutions—Deutche Bank and Barclays—recently announced support for a global bank […]
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