According to The Weekly Standard, President Obama attended Easter services at St. John’s Episcopal Church in Washington, D.C. yesterday, where the pool reporter recorded this tirade against fictional religious right leaders. “It drives me crazy when the captains of the religious right are always calling us back … for blacks to be back in the back […]
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Our national debt is $16.75T, our unfunded liabilities are ~ $120T, and President Obama says we have no debt crisis. In a post last week on the national debt and deficits, I promised we’d discuss the morality of passing the debt burden on to our grand-kids. As is often the case, our moral senses are […]
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“EUtopia”?
29 Mar 2013
“EUtopia”? I came across an interesting and foreboding article in the National Review Online on the European Union, using the current Cyprus crisis as the context. The author, John O’Sullivan, raises the specter of the “democratic deficit” in Cyprus most recently and most radically, and in the entire EU. As he points out, the draconian […]
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Same Sex Marriages: Are they inevitable?
29 Mar 2013
Mark Smith has offered some excellent political and constitutional analysis of the same sex marriage debate before the Supreme Court (see here and here). But one of the most often heard arguments in favor of same sex marriage is its inevitability. As reported in NPR by Republican strategist (and same sex marriage supporter Ana Navarro): […]
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A few months ago the big revelation to gold bugs was Germany wanted its gold back from the Federal Reserve. What’s the world coming to when central banks don’t trust each other? Further, with central banks net buyers of gold for the last few years, something seems afoot in the global currency markets. In perhaps […]
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Economic Freedom in the 50 States
28 Mar 2013
Arthur Laffer and Stephen Moore published a very interesting editorial in today’s Wall Street Journal. The editorial highlights the fact that states which have more economic freedom are more prosperous than states with less economic freedom. States with lower taxes and less onerous regulations provide a better environment for entrepreneurship. This relatively rich economic soil […]
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Sequestration Madness
27 Mar 2013
Left-leaning author and editorialist Bob Woodward ’s recent criticisms of the Obama administration’s role in precipitating the sequestration debacle resulted in a response from National Economic Council director Gene Sperling. While Woodward suggested on a television talk show that Sperling had threatened him in an email, subsequent revelations called that assertion into question. While Woodward […]
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Is Marriage a “Fundamental” Right?
27 Mar 2013
One of the matters lurking around the Supreme Court’s oral arguments this week is the degree to which marriage is a fundamental right. Gay marriage advocates argue that marriage’s fundamental nature demands that the state has an obligation to extend such a recognition to homosexual couples. Whenever a fundamental right is abridged, a strict scrutiny […]
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Good news about economic growth? While consumer confidence took a nosedive in March thanks largely to continued fiscal uncertainty focused on the sequester, business investment is up in the first quarter of 2013. Although uncertainty over the fiscal sanity of our politicians and unease about the global economy are still very real, some US firms […]
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The Tyranny of Gay Marriage
26 Mar 2013
The Supreme Court’s latest attempt to destroy republican government comes, this week, under the guise of equality. Gay marriage advocates find themselves before the highest Court, seeking to use the bench to achieve what has eluded them politically. To be successful, they will encourage the Court to overturn the past and empower itself at the […]