Daily Quote: "The most important single central fact about a free market is that no exchange takes place unless both parties benefit."
Milton Friedman
The Cali Cartel
Commerce: After its legislature passed a resolution condemning free trade with Colombia, you have to wonder: Is California being led by rank simpletons or actual enemies of the state? In an official document that in one place misspelled "Colombia," California's assembly voted 43-27 last week to urge the U.S. Congress to approve Joint Resolution 27, stating: "The Legislature of the State of California strongly urges the United States Congress to
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The Cali Cartel
Commerce: After its legislature passed a resolution condemning free trade with Colombia, you have to wonder: Is California being led by rank simpletons or actual enemies of the state? In an official document that in one place misspelled "Colombia," California's assembly voted 43-27 last week to urge the U.S. Congress to approve Joint Resolution 27, stating: "The Legislature of the State of California strongly urges the United States Congress to
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End Of Child's Play
Overlawyered: Fearing lawsuits over injuries, a West Virginia county is removing swing sets from elementary schools. A minor, local issue? No. America's litigious society has changed the way kids play. Roughly a year after a child broke his arm jumping off a swing like Superman and his parents are settling a lawsuit for $20,000, Cabell County, W.V., schools are yanking swing sets from school playgrounds. The lawsuit was one of two filed in the
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End Of Child's Play
Overlawyered: Fearing lawsuits over injuries, a West Virginia county is removing swing sets from elementary schools. A minor, local issue? No. America's litigious society has changed the way kids play. Roughly a year after a child broke his arm jumping off a swing like Superman and his parents are settling a lawsuit for $20,000, Cabell County, W.V., schools are yanking swing sets from school playgrounds. The lawsuit was one of two filed in the
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It's Groundhog Day In The Middle East
Peace Talks: We wish President Obama all the best in his quest for peace in the Mideast. But we must admit we're skeptical. We've been down this road many times before, and Palestinian-Israeli talks have always failed. Like the movie "Groundhog Day," in which an arrogant, self-centered weatherman is forced to relive the same day over and over until he gets it right, there is an interminable quality to talks between Israel and the Palestinians.
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It's Groundhog Day In The Middle East
Peace Talks: We wish President Obama all the best in his quest for peace in the Mideast. But we must admit we're skeptical. We've been down this road many times before, and Palestinian-Israeli talks have always failed. Like the movie "Groundhog Day," in which an arrogant, self-centered weatherman is forced to relive the same day over and over until he gets it right, there is an interminable quality to talks between Israel and the Palestinians.
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Carlyfornia, Here We Come
Politics: California's Senate debate was between someone who knows how to pull a wagon and someone who wants everyone to ride. The choice is creating wealth and jobs or redistributing wealth while destroying jobs. California hasn't elected a Republican senator since Pete Wilson in 1988, but if Wednesday's debate and recent polls are any indication, the political sea change of 2010 may be about to wash up on Golden State beaches. The debate wasn't
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Carlyfornia, Here We Come
Politics: California's Senate debate was between someone who knows how to pull a wagon and someone who wants everyone to ride. The choice is creating wealth and jobs or redistributing wealth while destroying jobs. California hasn't elected a Republican senator since Pete Wilson in 1988, but if Wednesday's debate and recent polls are any indication, the political sea change of 2010 may be about to wash up on Golden State beaches. The debate wasn't
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With American Lives On The Line, War For President Is A Distraction
Many have charged that President Obama's decision to begin withdrawing from Afghanistan 10 months from now is hampering our war effort. But now it's official. In a stunning statement last week, Marine Corps Commandant Gen. James Conway admitted that the July 2011 date is "probably giving our enemy sustenance." A remarkably bold charge for an active military officer. It stops just short of suggesting aiding and abetting the enemy. Yet the
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With American Lives On The Line, War For President Is A Distraction
Many have charged that President Obama's decision to begin withdrawing from Afghanistan 10 months from now is hampering our war effort. But now it's official. In a stunning statement last week, Marine Corps Commandant Gen. James Conway admitted that the July 2011 date is "probably giving our enemy sustenance." A remarkably bold charge for an active military officer. It stops just short of suggesting aiding and abetting the enemy. Yet the
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Romer Serves Bad Economy For Last Lunch
Lunch at the National Press Club on Wednesday caused some serious indigestion. It wasn't the food; it was the entertainment. Christina Romer, chairman of President Obama's Council of Economic Advisers, was giving what was billed as her "valedictory" before she returns to teach at Berkeley, and she used the swan song to establish four points, each more unnerving than the last: She had no idea how bad the economic collapse would be. She still
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Romer Serves Bad Economy For Last Lunch
Lunch at the National Press Club on Wednesday caused some serious indigestion. It wasn't the food; it was the entertainment. Christina Romer, chairman of President Obama's Council of Economic Advisers, was giving what was billed as her "valedictory" before she returns to teach at Berkeley, and she used the swan song to establish four points, each more unnerving than the last: She had no idea how bad the economic collapse would be. She still
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Old Problems Best Solved By Old Solutions
The post-Cold War new world order is rapidly breaking apart. Nations are returning to the ancient passions, rivalries and differences of past centuries. Take Europe. The decades-old vision of a united pan-continental Europe without borders is dissolving. The cradle-to-grave welfare dream proved too expensive for Europe's shrinking and aging population. Cultural, linguistic and economic divides between Germany and Greece, or Holland and Bulgaria,
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Old Problems Best Solved By Old Solutions
The post-Cold War new world order is rapidly breaking apart. Nations are returning to the ancient passions, rivalries and differences of past centuries. Take Europe. The decades-old vision of a united pan-continental Europe without borders is dissolving. The cradle-to-grave welfare dream proved too expensive for Europe's shrinking and aging population. Cultural, linguistic and economic divides between Germany and Greece, or Holland and Bulgaria,
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Tax Hikes Present Dilemma For Dems
After a slew of economic stimulus packages, bailouts and government takeovers, congressional Democrats should be ready to hang a "mission accomplished" banner regarding the economy. It is a wonder, then, why they appear willing to burden taxpayers with up to $3.1 trillion in additional tax increases. Barring congressional action by Jan. 1, temporary tax cuts passed in 2001 and 2003 will expire, raising taxes dramatically. Are Democrats really
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Tax Hikes Present Dilemma For Dems
After a slew of economic stimulus packages, bailouts and government takeovers, congressional Democrats should be ready to hang a "mission accomplished" banner regarding the economy. It is a wonder, then, why they appear willing to burden taxpayers with up to $3.1 trillion in additional tax increases. Barring congressional action by Jan. 1, temporary tax cuts passed in 2001 and 2003 will expire, raising taxes dramatically. Are Democrats really
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Tea party seeks another upset in Delaware's Senate primary
WILMINGTON, Del. — Thanks to the tea party, Rep. Mike Castle's once smooth path to Delaware's Republican Senate nomination suddenly has become less predictable — and is providing a fresh reason for already staggering moderate Republicans everywhere to be frightened.
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Ad Watch: Tea Party for O'Donnell
The Tea Party Express' political action committee, Our Country Deserves Better, puts out an ad in support of Republican Senate candidate Christine O'Donnell, who is challenging Rep.
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Tea Party scheduled for Saturday in Havelock
HAVELOCK — The Coastal Carolina Taxpayers Association has scheduled a Labor Day weekend Tea Party from 4 to 8 p.m. Saturday at the Havelock City Park.
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Tea Party concerned about bond, asks board to attend Oct. 16 meeting
During the open forum portion of Tuesday’s school board meeting the Board of Trustees heard directly from members of the Katy Tea Party who feel the bond election is too much to ask of KISD taxpayers, and are anxious to hear a response on whether board members will attend a public information session on the bond.
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Tea Party candidates deny Democratic link
One is a health teacher. Another is a retired pipe welder. The family of another says she was once married to the father of the former head of the Oakland County Democratic Party. They are three of the candidates nominated to run under The Tea Party.
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Why The Tea Party Is Like A Starfish, Not A Spider
What do Wikipedia and Craigslist have in common with the Tea Party movement? They succeed by being decentralized, says Rod Beckstrom, co-author of the management book The Starfish and the Spider .
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Why The Tea Party Is Like A Starfish, Not A Spider
What do Wikipedia and Craigslist have in common with the Tea Party movement? They succeed by being decentralized, says Rod Beckstrom, co-author of the management book The Starfish and the Spider .
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Graham, Tea Party square off
Graham reiterated Thursday morning that he wanted his meeting with the Charleston Tea Party closed to the media because some party members might not have been comfortable participating with the media in attendance.
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'Tea party,' fresh from big election win, takes aim at swaying Republican Party
WASHINGTON - Is the tea party taking over the Republican Party in America? The grass-roots network of voters, most with conservative views, displayed its power in its biggest triumph of the election year — toppling of Sen. Lisa Murkowski in Alaska's Republican primary.
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'Tea party,' fresh from big election win, takes aim at swaying Republican Party
WASHINGTON - Is the tea party taking over the Republican Party in America?
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George W.'s War
No one likes war. War is a horrific affair, bloody and expensive. Sending our men and women into battle to perhaps die or be maimed is an unconscionable thought. Yet some wars need to be waged, and someone needs to lead. The citizenry and Congress are often ambivalent or largely opposed to any given war.
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62 Days to Decide: Tea Party Favorite's Financial Problems Threaten Senate Bid in Delaware
Fresh off its latest political victory in Alaska, the Tea Party Express is now jumping into the Delaware Republican Senate primary to back longshot Christine O'Donnell, a fiscal conservative whose deep financial problems are grabbing headlines and could prevent the increasingly powerful grassroots movement from scoring another major upset in two weeks.
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Scarce Equity Capital Means Fewer Jobs
The U.S. economy has shed 3.3 million jobs, more than 95% in the private sector, since President Barack Obama took office in January 2009. Nonfarm payroll employment -- the broadest economic indicator -- has contracted in 13 of 18 months since that time. The national unemployment rate is 9.5%, more than double the 4% rate that economists consider full employment. The largest increase in jobs nationwide occurred in the District of Columbia, and was
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Profits + Rates + Tax Cuts (?) = Stock Rally
Without question, the jobs picture is going to remain cloudy. There's just too much uncertainty over the economy and the tax-and-regulatory threats coming out of Washington. Businesses can't be sure about the costs of hiring. Meanwhile, over in housing — our other weakest sector — an inventory glut threatens further price declines. But make no mistake about this: Businesses, at least the publicly owned ones, are in very good shape.
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