Rolling Stone's Jesse Myerson was roundly ridiculed last week when he wrote that the solution to America’s economic ills was to embrace communism.
Glenn Jacobs | All Articles
December 23 marked the 100th anniversary of the Federal Reserve System — a century's worth of a economic management that has turned America’s relatively free markets into today's crony capitalist mess.
President Obama lives an extravagant life of which the kings of old could only dream — and all at the taxpayers' expense.
The upcoming confirmation hearings for Janet Yellen, President Obama’s appointee to chair the Federal Reserve, are sure to garner a lot of attention. But in many ways, Yellen herself is largely beside the point. There will likely be nothing unique about her tenure.
While the debate surrounding the debt ceiling makes for good drama and gives politicians lots of face time on the cable new channels, the debt ceiling was never designed to reign in government spending.
The recent scandals at the IRS have caused many Americans to look for alternatives to the income tax as a means of funding the federal government. One of the most popular plans is the FairTax -- a national sales tax collected at the retail level.
Disgraced former U.S. congressman Jesse Jackson, Jr. has suddenly developed a “mood disorder,” making him eligible to collect $8,700 per month in government disability payments. Ironically, Jackson showed no signs of such a malady until he faced a prison sentence and the possible loss of his federal pension.
Compounding pharmacies are in the crosshairs of the Food and Drug Administration. Subjecting this time-honored tradition to more government regulation will not make it safer. In fact, it will increase cost of the healthcare for folks who use compounded medications, further restrict our health freedom, and diminish competition with the big pharmaceutical companies.
Last week, New Jersey Governor Chris Christie claimed that those who oppose the National Security Agency spying on Americans are engaged in “esoteric, intellectual debates.”
Wal-Mart’s decision to revaluate its plans to open a number of new stores in Washington, DC — due to the city passing a new 'living wage' law — has elicited the predictable outrage from the left.
The Common Core State Standards Initiative is a federal initiative designed to homogenize diverse state educational curricula.
In 1975, the Church Committee revealed the extent to which the federal government’s intelligence apparatuses were aimed not at foreign enemies, but at Americans. While President Obama has repeatedly told us that we should trust the government, history teaches us that the current scandal involving the National Security Agency is not an isolated incident.
The latest ruse by supporters of the Marketplace Fairness Act — more accurately described as an Internet sales tax mandate — is that raising taxes will actually result in making them lower. By allowing state governments to collect sales taxes on Internet purchases, they say, state governments will be able to lower or eliminate other taxes.
The scandal involving the Internal Revenue Service targeting conservative groups reinforces an important point — the IRS is a weapon. It was a weapon utilized by the Clinton administration in the 1990s, and it appears that the Obama administration has taken a page out of Clinton’s book.
On Monday, the Senate passed a measure that would subject Internet commerce to state sales taxes for the first time. The misleadingly titled “Marketplace Fairness Act” enjoyed bipartisan support with 22 Republican senators voting “yea” on the bill.
The wealth gap is a serious problem. The richest 20 percent of Americans now own 80 percent of the country’s wealth. Over the past three decades, the average American has seen his income either fall or remain flat. Over the same period, the top 20 percent of income-earners have enjoyed a modest rise in income while the top one percent have seen their income skyrocket.