In 2006-2007 I called for a recession. We got a big one. I called for another one in 2011, as did the ECRI. That recession never happened. 50% is not a very good recession predicting track record , but consensus opinion is batting a perfect 0.00%
On the issue of so-called progressive taxation, our left-wing friends have conflicting goals. Some of them want to maximize tax revenue in order to finance ever-bigger government. But others are much more motivated by a desire to punish success.
It has gotten worse than simple incompetence. Rep Steve Pearce (R-NM) joined the show to talk about the Obama Administrations absurd approach to defeating ISIS. Also, Gayle Trotter checked in live from CPAC 2015.
Now, I think youd agree with me when I say we all like it when the market climbs, along with our individual stocks. Who wouldnt? What we do need to be mindful of, however, is when things might change.
The burning alive of a Jordanian pilot by Islamic State terrorists appears to have served as a wake-up call for countries around the world to strengthen the 60-nation coalition formed to stop the sadistic Middle Eastern outlaws who now control one-third of Iraq and Syria.
Politicians think this is the same country that Walter Cronkite dominated when he opposed the Vietnam War. Or least that's what they'd like it to be.
Lets look at the profoundly perverse way that the federal government is using the refugee program to expand the problem of dependency.
Biden is the quintessential political Cheshire cat. (The Washington DC subspecies.) The guy can smile through anything. Probably a good thing to be able to do if one is Vice President Biden.
Given the results of these states' historical and last November's elections, it would be very difficult to not directly connect political ideology and party affiliation with their economic performance. Elections have consequences and these states are enjoying those results.
To save the nation from a future Greek-style fiscal meltdown, we should reform entitlements. But as part of the effort to restore limited, constitutional government, we also should shut down various departments that deal with issues that shouldnt be handled by a big central government.
Guerrilla street art appeared all over Washington D.C. today with a special message for FCC chairman Tom Wheeler.
Since 2008, the Federal Reserve has been giving banks virtually free money by keeping their short term borrowing rates near zero.
The reactions to revelations of NBC Nightly News anchor Brian Williams misremembering events in Iraq have been harsh and swift.
What isnt there to love about Obamacare?
John Hawkins joined the show to talk about the fundamentally unpatriotic nature of the American Left. From calling dead Americans Nazis, to asking for a fundamental transformation of America, Liberals have shown their disdain for traditional patriotism.
Wal-Mart decided on its own accord it could not attract the quality of people it needs at $7.25. That says nothing about Costco or McDonald's.
Dear Carrie: My daughter was lucky enough to receive a significant college scholarship. Is this considered taxable income to her? And does her scholarship limit my ability to claim an education tax credit? -- A Reader
Since Im in the United Kingdom, its appropriate to announce that another Briton has been elected to the Moocher Hall of Fame.
Sen. Rand Paul is drawing liberal fire from many left wing commentators, now including Prof. Paul Krugman. Many of the criticisms are badly off base.
Governments involvement in healthcare has been such a rousing success, Obama is now thinking about getting more involved in the retirement of middle class America. Yeah, the same folks who believe an 85 year old needs maternity care will soon be deciding what you need for your retirement.
In what may be a first (otherwise an extreme rarity), a substantial force within a union has mobilized against a pay hike to $9.00 per hour from essentially nothing.
Im sure such government actions have a negative economic impact, but this is a case where the moral argument should take precedence.
Whether or not one supports Audit the Fed, the argument really cannot rest on the Feds independence. Fed independence currently is a polite fiction.
The latest brouha comes from Rudy Giulianis comment he made last week that President Obama didnt love America. Media attacks, political cold shoulders and even death threats have been the order of the day for the former New York City mayor.
Throughout the past six years this president and his sycophants have repeatedly revealed highly classified details about military or intelligence operations, apparently in some kind of desperate attempt to show the American people and the world how rough and tough they are.
Without the specific participation and vocal support of moderate Muslim leaders, extremism can consume entire communities. For example, in Vilvoorde Belgium, a town of only 4200, 28 young people have left to fight for Syria and Iraq...
Former Secretary of Defense, Donald Rumsfeld, weighed in on the Obama Administrations inept foreign policy. Its not their intentions that really matter Its their actions. And they sure arent doing anything to drive back radical Islam.
Enforcers from the Left are scrambling to delegitimize Rudy Giulianis statement that he doesnt believe Barack Obama loves America. They know Giuliani only said what many millions of Americans think, and want to stop the discussion from catching fire.
The tax code seems to get worse every year, and even though weve made some progress in recent years on spending, the long-run outlook is still very grim because theres hasnt been genuine entitlement reform.
Left-fascism is the version of fascism which is generally associated with the so called Left which is exhibited in many nodes of American culture but particularly at some universities. Many people know it as political correctness but it goes much deeper than just that.
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In Other News: Wasserman-Schultz Planned Attack on "Sexist" Obama for Considering New DNC Chair | Michael Schaus