Taxes

THE GLOBAL TEMPER TANTRUM

Fury is spreading. But the mobs ignore the real culprit behind broken economies. by Niall FergusonJuly 11, 2011 Yiorgos Karahalis / Reuters-LandovRiot police at a protest against austerity measures in Athens on June 28, 2011. This is the age of indignation. Politics in the Western world are becoming more emotional—because our problems are so intractable. […]

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THOMAS SOWELL – THE UNKNOWN UNKNOWNS THAT ARE KILLING OUR ECONOMY

July 12, 2011 Unknown Unknowns By Thomas Sowell When Donald Rumsfeld was Secretary of Defense, he coined some phrases about knowledge that apply far beyond military matters. Secretary Rumsfeld pointed out that there are some things that we know that we know. He called those “known knowns.” We may, for example, know how many aircraft

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KRAUTHAMMER – BEWARE OBAMA’S DEBT TRAP

NEWS & OBSERVER Sat, Jul 09, 2011 By Charles Krauthammer – Washington Post Writers Group WASHINGTON   Here we go again. An approaching crisis. A looming deadline. Nervous markets. And then, from the miasma of gridlock, rises our president, calling upon those unruly congressional children to quit squabbling, stop kicking the can down the road

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NOT TAKING OTHER PEOPLE’S MONEY

Published on The Weekly Standard (http://www.weeklystandard.com) Isn’t that the morally decent thing to do? Arthur C. Brooks Arthur C. Brooks is president of the American Enterprise Institute and author of The Battle: How the Fight Between Free Enterprise and Big Government Will Shape America’s Future. July 18, 2011, Vol. 16, No. 41 The problem with

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FOR WHOM THE GREEK BELL TOLLS – STEVE FORBES

FORBES by Steve Forbes Fact and Comment For Whom The Greek Bell Tolls 07.18.11 Given its rich mercantile heritage in the Mediterranean, Greece should be the Hong Kong/Singapore/ Switzerland of the Balkans. Its emigrants and their descendants have been huge business successes in the U.S., Australia, New Zealand, Canada and elsewhere. Yet Greece is bankrupt,

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DEMOCRAT BEWILDERED BY MEMBERS OF CONGRESS WHO WANT TO CUT THE BUDGET REGARDLESS OF GETTING REELECTED!

June 30, 2011 A Dangerous Point of View…Indeed Russ Vaughn Congressman John Conyers, Democrat, from Michigan has just served up the money quote regarding his party’s true position on doing something about our nation’s budget woes: “This is the first time that I can remember being confronted by members of the Congress,        my colleagues,

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REPUBLICANS AND THE THATCHER LEGACY

JUNE 30, 2011 Mitt Romney has adapted her ‘Labour Isn’t Working’ slogan, but would he emulate her steely leadership? By ANDREW ROBERTS In 1978, with the British economy in crisis and unemployment hovering at 1.5 million, or 5.1% of the working-age population, Margaret Thatcher’s Conservative Party turned to its advertising gurus, Charles and Maurice Saatchi,

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A STEALTH TAX HIKE

JUNE 29, 2011 The return of the deduction phase-out gambit. The White House wants Republicans to agree to tax increases that no one wants to call tax increases, and for an insight into this political method let’s focus on one proposal in particular—the phase-out of itemized deductions for upper-income taxpayers. We hope the tea party

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