Politicians talk about the uninsured. Special interests argue on behalf of those with pre-existing conditions. But why is no one wondering how doctors are affected by the new law? They’re the ones on the frontlines dealing directly with new patients, as well as the red tape that makes bureaucracies go round.
Politicians proclaim the benefits of small business while on the campaign trail. But when they meet in the seedy halls of Congress, they have no problem doing whatever they can to stifle, regulate, and subdue their progress. Instead of siding with entrepreneurs, these politicians often side with political allies and cronies that helped put them into office.
Just because you’re retired doesn’t mean you have to stop working. Especially now that you have all the time in the world to do what you really want. Entrepreneurs don’t only come out of Silicon Valley. They come from all walks of life, from all different ages. If you’re retired and want to stay active while you relax, then find out the steps you need to take in order to start, manage, and grow your next small business.
Technology brought the world together. But has it gone too far? Decades ago, mail was delivered by hand. Now it’s delivered in seconds. How has that changed the way you live your life? How has it changed the way people act with each other? These are just some of the questions we need to ask.
The U.S. dollar has been the world's reserve currency for almost a century, and already there are signs it may be in decline. But that doesn't mean it's not still valuable. On the contrary... As Chris Mayer explains, there are many reasons the U.S. dollar will remain relevant on the world stage for years to come. Read on...
Gun control isn’t a modern idea. The rise of gun control laws and limits on your 2nd Amendment freedom go hand in hand with the increase in the size and scope of government. Politicians want you to think the only people who can keep you safe are government forces. But as one renown libertarian economist and thinker will show you, their misguided laws do nothing but take away your freedoms and leave you less safe.
The government will do whatever it takes to make sure it has enough of your money to fund itself. On the surface you might think that means enduring a grueling audit. But the IRS and the government is more than willing to ignore your privacy in the cold relentless pursuit of the money they think they deserve. As they get bigger and bigger every year, the smaller and smaller your paycheck becomes as they leach off it.
The Congressional Budget Office said the government needed to reach 7 million people by the end of March. They claim to have reached the goal and now the debate about Obamacare is over. But what does this milestone really mean in the ongoing healthcare discussion? And more importantly, how will it affect reforms going forward?
If you’re good at something should you be penalized so others have a chance at success? Should award winning actors and actresses be barred from future Oscar ceremonies to give other men and women the chance to succeed? Success should always be rewarded and encouraged. But what happens when you have a government that wants to even the playing field and take away the spoils of success. Gregory Bresiger finds out...
In an effort to cut costs and keep track of patients' records, governments could institute a medical guideline cookbook. Bureaucrats might think they have the best of intentions in mind, but these new rules would drag down the medical process and destroy whatever quality is left in our current system.
Practical people often pooh-pooh fiction reading as a time wasting dalliance, dominated by a Marxist coloring of the world. However, fiction readers were given a scientific reason recently for spending hours absorbing fanciful figments of someone’s imagination.
Argentina is suffering the ravages of government debasement of the currency -- i.e., inflation, the process by which government pays for its ever-increasing debts and bills by simply printing more paper currency. The expanded money supply results in a lower value of everyone’s money, which is reflected in the rising prices of the things that money buys.
When government expansion is allowed to continue unabated or when it casts a heavy regulatory shadow on America’s entrepreneurial spirit, the freedoms that we’ve come to know, and perhaps take for granted, slowly begin to slip away.
The saga of All Saints could soon be coming to a community near you. Thanks partly to the scandal surrounding the IRS’ targeting of conservative groups, the agency has proposed a new set of rules for a huge number of social-welfare groups that claim tax exemption under Section 501(c)4 of the tax code.
The new reality of Obamacare’s tax credits has left finance reporters to pen articles warning readers to “take care” when considering a tax credit and providing strategies for how best to “protect yourself.” So what do finance reporters know that the White House doesn’t?
Nihilo ex nihilo fit. Out of nothing, nothing comes. First put forward by ancient Greek philosopher Parmenides in the fifth century B.C., Thomas Aquinas and St. Augustine later used this axiom to prove that the universe needed a “first mover” to get things going. Even if the whole thing began with some kind of “Big Bang” moment, it still needed a banger to bang it. Who? God, of course.
What positive steps can we take? The energy that is now expended by well intentioned, freedom-seeking individuals on the destructive course of politics can be turned into powerful steps that will have a positive effect on the future. All are moral, right and just. None require aggressing. Consider the following...
The Affordable Care Act creates a new health insurance marketplace (the exchange). But because of the great uncertainty about what buyers will enter the market and who will buy what product, the law creates three vehicles to reduce insurance company risk.
Politicians and bureaucrats are notorious for manufacturing euphemisms -- clever but deceptive substitutes for what they really mean but don’t want to admit. That’s how the phrase “revenue enhancement” entered the vocabulary. Some of our courageous friends in government couldn’t bring themselves to say “tax hike.”
“It is difficult to make predictions, especially about the future,” says a proverb often attributed to Yogi Berra. Imagine the world of freedom, or lack of it. Who could foresee the technologies that make our lives so rewarding and convenient? The same technologies have us all under the government’s giant microscope. Thankfully, the brave have turned the microscope around.
In the months since Edward Snowden revealed the nature and extent of the spying that the National Security Agency (NSA) has been perpetrating upon Americans and foreigners, some of the NSA's most troublesome behavior has not been a part of the public debate.
National Treasury Union President Colleen M. Kelly recently described the 2014 IRS budget allocation as “woefully inadequate.” But the agency has not proven itself to be an efficient steward of taxpayer dollars. Here are ten ways the IRS lost the trust of the American people.
It’s easy to be negative about the U.S. economy these days. Find a glint of silver, and folks come running to point out all of the dark clouds looming about. This, of course, is what we got last week when the monthly jobs report was released from the U.S. Department of Labor (DOL). Folks pooh-poohed the number of jobs and whining that they’re not enough or that it’s less than a bunch of economists thought that it might be. But you know what? Stuff ’em.
Given how poorly states like California and Illinois have funded the pension funds for their own employees, one would think that this would stop dead in its tracks any plan to have the government assist in managing private sector funds too. The spate of recent activity, however, suggests otherwise.
Facts are easy. You can check facts. What supporters of the Affordable Care Act are doing, on the other hand, transcends factual bungling. It’s far more advanced: a warping of reality so debauched it looks like something out of a tale by H.P. Lovecraft.
The problem for NSA apologist is that when guys like Snowden disclose that the government conducts comprehensive surveillance in ways that would have made 1984’s O’Brien drool, it puts the entire progressive agenda in jeopardy.
The east coast and parts of the southern U.S. were to varying degrees paralyzed by blizzards a few weeks ago. The snow as expected rendered the roads treacherous, and in anticipation of slick streets, shoppers flocked to the grocery stores in advance.The rush into grocery stores, and its aftermath, offers worthwhile lessons in economics.First up, […]
Ah, what a weekend, with blue skies, singing birds, budding cherry blossoms and the government’s announcement that it has totalitarian control over everything. Wait, what was that last thing? It was an Executive Order released late Friday that no one on the planet seemed to notice until about 30 hours later. It is unnumbered, but called “National Defense Resources Preparedness.”
Let’s call it NDRP. The first I heard of it was Sunday morning. Something called The Examiner had a write-up about this order in which President Obama would, in the event of an emergency or even in “peacetime,” assume control of all energy, food, water, people — the whole of the material and natural world as we know it! — and claim the right to requisition professions to serve the state.
Nuts, right? Some more of the conspiracy stuff that has lately been clogging up the web. By 6 a.m., there was still only that one news story, but there were 463 forum discussions and 1,410 blog commentaries. Six hours later, there were eight news stories (none of them from a mainstream source), plus 712 forum discussions and 3,640 blog commentaries. Oh, and an uncountable number of Tweets.
How could all these paranoids be yammering on about something that hadn’t even been conformed by The New York Times, CNN, and MSNBC? No wonder the government has such trouble governing this nation of gullible oddballs.
There was only one problem: this link. Here is the order itself as hosted by the White House. You can read it with your own eyes. It was issued Friday evening, March 16, 2012, the last day of spring break for many colleges, just as most news shops had closed up for the week and people were otherwise planning barbecues and outings.
Here at Whitehouse.gov we find the announcement that “The United States must have an industrial and technological base capable of meeting national defense requirements and capable of contributing to the technological superiority of its national defense equipment in peacetime and in times of national emergency,” and so therefore it must assume all control of energy, food, water, health care, equipment and, of course, people
Yes, you read that last one correctly. The executive branch claims it can perform a civilian draft of people of “outstanding experience and ability without compensation and to employ experts, consultants or organizations.” (Emphasis mine.)
The authority cited in the document is the Defense Production Act of 1950, another dictatorial imposition, but which happened to have congressional approval. The dictator this time was President Truman. It allowed him to requisition every manner of resource to fight the Korean War: to draft people into war and to enable the executive to impose wage and price controls at will.
This was the Act that Sen. Robert Taft spoke about on the campaign trail in 1952. He regarded it as unconstitutional, illegal and totalitarian, nothing more than an attempt to reclaim the total state of World War II as part of the regular powers of the state in all other times. He said it was the surest sign that we had lost our moorings as a nation.
Historians of the period regard this act as the thing that cemented in place the political culture of the Cold War, in which the government accumulated ever more weapons of mass destruction, instituted the draft, went to war with whomever and wherever and presumed total control over all industry, all while the civilian population lived in fear of nuclear holocaust.
It is no different today: an unconstitutional power grab piled on top of a previous unconstitutional power grab piled on top of previous cases. So far as I can tell — and the real experts really need to get involved here to explain the details — there is very little new here at all except that perhaps the claim that the government can force everyone into slavery without compensation, plus the addition of a strange role for the Federal Reserve.
Part III, Sec. 301(b) says: “Each guaranteeing agency is designated and authorized to: (1) act as fiscal agent in the making of its own guarantee contracts and in otherwise carrying out the purposes of section 301 of the Act; and (2) contract with any Federal Reserve Bank to assist the agency in serving as fiscal agent.”
This suggests that any federal department that is part of the executive branch can make a separate deal with the Fed to print as much money as the agency needs to do whatever it wants, without having to ask Congress for any kind of special allocation. It is also possible that this power already existed.
As the day progressed, a number of people from the “responsible” portion of the blogosphere began to say pretty much the same thing. This is nothing new. It is merely an update of what existed previously. There was an update in 1994 and one under every previous administration. There is nothing to see here: This is business as usual for the executive branch.
It’s been going on for sixty years. Make that eighty. Make that 100 if you count the wartime central planning of World War I. Actually, take it back further to the Civil War, when Lincoln assumed dictatorial powers. Or go back to the Adams administration, which criminalized sedition during a war fever over France.
True, the water in which the frog is being boiled is perhaps slightly hotter than before, but don’t blame Obama for coming up with the idea for frog soup! True, this point has some relevance for those who would try to score some political victory at the expense of the Democrats alone. What I don’t get is why this background is supposed to bring comfort to anyone who has in mind the broad interest of human liberty.
What is true now was true in 1994 and true in 1950 and true in 1932 and true in 1917. Anyone with a love of human liberty should be alarmed by the presumption of totalitarian control anytime, and especially during our own times, when there might be something we can do about it.
These powers might be old as the hills, and the battle between power and liberty is the core drama of human history, but there is a major difference this time: We have digital media that allow us to see this stuff with our own eyes.
That’s what makes the difference.