By Bill Wilson — Europe is once again back to the drawing board to find somebody dumb enough to guarantee the consolidated sovereign debts of the entire continent after China has rejected any bailout of the creditors of embattled nations Portugal, Italy, Ireland, Greece, and Spain (PIIGS). […]

The Halloween horror story of ObamaCare continues to unfold as Senator Mike Enzi announced that a Government Accountability Office (GAO) report showed that a program designed to help early retirees has effectively been looted by 24 organizations. The Health and Human Services (HHS) program has paid out $2.9 billion with a majority going to government entities and […]

These unilateral executive orders from the Obama administration , whether on government-backed student loans and mortgages or FDA oversight, are intended to sidestep the consent of the governed, and as a result they overstep the President’s constitutional boundaries.  Obama can rhetorically dress this up however he likes, but his actions are not predicated […]

By Bill Wilson — According to legend, in Czarist Russia, Grigory Potemkin constructed fake villages to make Catherine the Great believe that the countryside was tranquil and prosperous, when in fact it was chaotic and stricken with poverty. Such it is with government economic statistics, as evidenced […]

By Bill Wilson — Were it not so deadly serious, the spectacle in Europe would be a sure bet for the top slot on Comedy Central’s fall line-up. With each passing day, the twisted machinations of the “Eurocrats” and their underlings in the banks become more absurd. […]

By Bill Wilson — Germany would rather the periphery of the Eurozone collapse into cascading defaults before it ever again weakens its currency. That is at least the impression one gleans from a recent UK Telegraph piece by Ambrose Evans-Pritchard , who wrote, “Any such attempt to correct North-South imbalances from both ends requires an […]

By Bill Wilson — Things are starting to get serious.  First Peter Orszag, Obama’s former Director for Management and Budget called for “a bit less democracy,” advocating issues relating to the economy be turned over to a panel of experts.  No pesky elected representatives of the people need apply.  Then, North Carolina Democrat Governor Beverly Perdue suggested we skip elections — just […]

As originally published at The Washington Examiner . By Bill Wilson — Even before the lingering recession compelled companies to shed additional anti-competitive encumbrances, labor unions were already on the decline in America. Not even an unprecedented bonanza of government bailouts, multibillion-dollar loans and other taxpayer-funded subsidies has been able to prop up Big […]

By Bill Wilson — It might not be an overstatement to say that the fate of representative government hangs in the balance as Slovakia has rejected the €440 billion European Financial Stability Fund (EFSF). It fell 21 votes short of a majority. Was it the day the mouse roared? When a free people stood up — as did the people of Iceland recently — […]

By Bill Wilson — If one has been following the news lately, it probably has been impossible to miss a nascent radical protest movement in New York City dubbed “Occupy Wall Street.”  On its face, it appears to be a typical leftist attempt to spark populist outrage […]