By Bill Wilson – Why put off until tomorrow that which can be fixed today? In its lame-duck session, the Pennsylvania legislature on November 15th considered HB 2497, a bill whose sole purpose is to underfund the state’s pension system by approximately $2.9 billion over the next […]

In Greek mythology, Cassandra was granted the gift of prophecy by Apollo, but because she refused to be his consort, the god punished her by making it so that nobody would believe her predictions. Today, it appears that credit rating agencies have contracted a Cassandra […]

Republicans were cast into the wilderness beginning in 2006 because they abandoned a basic set of principles — not just their own principles, but those of the nation they were entrusted to lead. Rather than standing up for American freedoms and free markets, the GOP […]

As congressional Republicans bask in their historic rout of Democrats, taking the House of Representatives and closing the margin in the Senate, the survivors left in Washington, D.C. have a clear message from the American people: “You could be next.” The fact is, nobody in […]

“In fairness, Larry Summers did a heck of a job…” Barack Obama started to say of the performance of his embattled top economic advisor , who will be leaving the Administration before year’s end, amid high unemployment and slow growth. Comedy Central host Jon Stewart appreciated the irony of Obama giving his adviser, the architect of the $816 billion […]

There is going to be world of difference between what Congress will be able to accomplish in 2011 depending on whether Republicans fail to take back a majority in the House of Representatives, get the bare minimum 39 seats pick-up they need, or have a […]

The Bretton Woods monetary system, which was established after World War II and solidified the U.S. dollar’s place as the world’s reserve currency, is collapsing before our eyes. That’s too bad, because that status may be one of the last assets the American people have […]

Any pretense that once existed that National Public Radio (NPR) is an objective news outlet open to alternative viewpoints and serving the public interest is gone. That is why in the wake of NPR’s canning news analyst Juan Williams simply for speaking his mind, Americans […]

Yet more evidence is emerging that Obamacare is a lie, a complete fraud perpetrated on the American people. Prior to congressional enactment of the legislation, Barack Obama promised in his State of the Union Address that it would “reduce costs and premiums for millions of […]

Here’s a “shocker”: U.S. companies that operate overseas are keeping profits there and investing rather than repatriating the profits — because of punitive taxation. According to Frank Aquila at Bloomberg News , there may be as much as $1 trillion of U.S. profits overseas that are simply not being repatriated. Why? Because […]