Deficits and the Road Ahead

  In the shadow of the recently passed healthcare bill, the news that the administration made a $1.2 trillion “mistake” in deficit projections over the next ten years should do nothing to reassure us regarding our country’s fiscal future.  Last Thursday, the CBO, after analyzing the Obama 2011 budget, declared …

Tax dollars and Viagra

In a vote to “reduce the cost of providing federally funded prescription drugs by eliminating fraudulent payments and prohibiting coverage of Viagra for child molesters and rapists and for drugs intended to induce abortion,” 42 senators said no.  There were, though, 73 who support such an amendment to the healthcare legislation. …

Freedom and War

  Quite a few Americans, on the left and on the right, oppose US entanglements in other countries unless we have been attacked.  For the most part I would agree, but I have to ask if it’s ever permissible to enter another country and enforce our moral code when the …

Obama and Math

Yesterday, at a rally in Ohio, our President told the crowd that ObamaCare will reduce health insurance premiums by “3,000 percent.” Of course, that would mean the federal government would be paying us to have health insurance.  AmericanThinker.comdid a little math to illustrate just how much money those of us …

Accounting Fraud and Short Sellers

Fascinating discussion Friday on CNBC about the falsification of Lehman Bros. balance sheets prior to their collapse.  The fraud was completely missed by regulatory agencies despite extensive government oversight by the SEC and the NY Federal Reserve, who had regulators inside Lehman after the Bear Stearns meltdown.  Sarbanes-Oxley, put into …

Republicans and Obstructionism

We keep hearing that the Republicans are the party of “no,” that they are simply obstructionists keeping us from achieving a blissful state of progressive utopia. The latest example of this is Sen. Jim Bunning, standing in the way of a $10 billion unemployment benefits extension.  He says he supports …

Ideology, Religion, and Charity

If liberals are the charitable people and conservatives are greedy and selfish, why is it that though liberals make, on average, 6 percent more than conservatives (using numbers from 2000), conservatives give, on average, 30 percent more to charity? Why is it that religious people are twice as likely as …