The national debt is at an all-time high of around $16 trillion. That’s scary enough. But it turns out that number is just piercing the surface. If you include all the unfunded federal obligations to Social Security and Medicare it would add up to near $116 trillion!
Most often, legislatures enact laws intended to address perceived societal problems by setting rules or establishing agencies to correct the problem. While we may, to be generous, presume good intentions, the normal, real world outcome is that the perceived problem is either made real or if actually real, is exacerbated. Photo by drewleavy Federal Hiring…
Should we trade with despots? After 5 years in captivity, US contractor Alan Gross was released today as part of a deal brokered by President Obama. The imprisonment of Mr. Gross has been an issue of much resonance with me. I previously wrote a piece featured in The Daily Caller about Mr. Gross case, calling…
When the use of steroids and performance enhancing supplements became widespread in Major League Baseball, fans were in outraged. If some players had an unfair advantage over others, it sullied the entire sport. Americans who followed baseball felt cheated and duped. Congress even got involved, citing The Federally Controlled Substances Act and anti-trust exemptions held…
Photo by mbs120898 10. Thomas Jefferson President Jefferson was publicly accused of fathering the children of his slave Sally Hemings, by journalist James Callender (who had also publicized Alexander Hamilton’s affair) in the Jefferson–Hemings controversy. Hemings was the half-sister of Jefferson’s wife Martha, and based partly upon DNA evidence, there is now a scholarly consensus…
Photo by agrilifetoday 1. Your taxes will go up drastically We often hear about Scandinavian countries as some kind of a model of health care distribution. Let’s look at the example of Norway. The average Norwegian household pays roughly $70,000 per year in tax. The vast majority of taxes go toward financing the country’s health…
Every election cycle the calls will be heard: Americans demand a third party! The two party system has to go! Only they really don’t want a third party and American politics will always be dominated by two major parties. First, let’s set the record straight. There are more than two political parties in the United…