1. Profumo Affair Politics and extra-marital affairs are familiar bedfellows. However, when you’re the Secretary of State for War and your mistress is the girlfriend of an intelligence officer of your country’s primary adversary, it makes things worse. That’s exactly what happened to John Profumo of Britain in 1961, when a brief affair with 19…
1. Liquidate Unused Property The Federal Government owns more than 77,000 buildings which are currently not being used. Some of them have even been condemned. These properties should be sold at auction or simply bulldozed if they are unsuitable for sale. Basic upkeep on these buildings is costing US taxpayers. Annual Savings to the US…
Immigration What the Right believes: Immigrants take away American jobs. Illegal immigrants suppress wages of American workers. Illegals suck up our social welfare dollars and are a drain on our economy. The Truth is: Immigration is beneficial to the economy, and our economy is dependent on the labor of illegal immigrants. Due to their cheap…
Subsidization- What the Left believes: Subsidization is a viable way to encourage desired economic activity. Alternative energies, organic foods, and anything that is good for people should be subsidized. The Truth is: The subsidization of a product’s or service’s cost by the government is a way to encourage certain activity. However, subsidies have adverse effects….
Last year I graduated from the University of Connecticut with honors, two majors, and list of accolades. I performed well in college and I believe a significant reason was that I did not enroll until I was 24 years old. While everyone is an individual, waiting to go to college is for many young people…
It doesn’t look like much: a few knobs on top of a crudely made wooden box. But what’s inside is holds a gateway to another world. It’s a black market Korean radio, capable of receiving forbidden transmissions from the outside world. Their use is becoming more and more prevalent inside North Korea, where the public’s…
Bailout? More like throwing money into sinking ships Repayments from institutions which received federal funds during the bailouts of 2008 and 2009 have lessened the total of the programs cost to taxpayers. In total the federal government injected cash into more than 700 institutions. While proponents of central planning point to the repayments as success, it’s…
Jobs and Wages It is often said immigrants take US jobs away from US citizens and that their inexpensive labor suppresses wages. In actuality, the opposite is true. Economists have found that immigration does not lead to a sizeable decrease in wages, and may actually increase wages and lower prices in the aggregate. The reason…
1. Babysitting Child care is a major expense for families with working parents. If you’re good with kids, have some references, and can pass a background check, babysitting is an easy way to make some cash on the side. Depending on experience and the family’s budget, babysitting can rake in anywhere from $10-30 an hour…
GM Recently issued 6 more recalls, bringing the grand total to 60 this year. While recalls are common place in the car industry GM appears to have had foreknowledge about several horrifying defects. At least 19 people have died as a result. Here is a list of 5 of the most terrifying GM recalls. 1….
1. Apple In 1976 Steve Jobs, Steve Wozniak, and Ronald Wayne started Apple in a garage in Cupertino, CA. They had 50 orders for Wozniak’s Apple I, which they had sold to a local retailer for $500 apiece. They’re initial investment was $1,500 from the sales of Jobs’ VW Bus and $250 from the sale…
1. The Debt While the national debt continues to climb, it is currently around $16 trillion. That’s really just the tip of the iceberg, however. If you were to account for all the unfunded financial obligations the federal government has, including future Social Security and Medicare payments, you would be looking at a real debt…