Blog Archives

The Dwindling Power of OPEC

American pipeline and OPEC

As if you hadn’t noticed, gas prices are plummeting. You may have wondered why this is the case. There is really one main reason, and it is shaking things up for OPEC. The US is producing far more oil than

Posted in Economy, Energy, Foreign Policy, Middle East Tagged with: , , , ,

Senate Democrats KILL Keystone XL Pipeline - For Now...

Texas Oil Production

Well, that’s it then. Senate Democrats have killed the Keystone XL Pipeline, which means that Republicans won’t have another chance to pass it until the new Congress in January. This should effectively kill Senator Mary Landrieu’s (D-LA) hopes of being

Posted in Economy, Energy Tagged with: , , , , , ,

Ex-Wife of Oil Baron Harold Hamm Rejects $1 Billion Divorce Settlement

sue ann ex_wife harold hamm

Sue Ann Hamm, now ex-wife of oil tycoon Harold Hamm, has been awarded about one billion dollars in a recent divorce settlement. And she is appealing the award “on grounds that it grossly undervalues the marital wealth she is entitled

Posted in Courts, Economy, Family, Marriage Tagged with: , , , , ,

Republicans Not Acting Like "Free-Market" Conservatives!

Tesla Motors

Every now and again, I wish I could grab the GOP and shake the entire Party. The ongoing battle with Tesla Motors and their CEO Elon Musk is one such moment. Now, I am not here to defend all of

Posted in Economy Tagged with: , , , , ,

Obama Looks Down on Stay-at-Home Moms

stay-at-home mom

In a video clip puzzling both for its transparency and its open attack on the traditional family structure, Barack Obama said “we” (whoever that is) don’t want any Americans to make the choice to be stay-at-home parents: And sometimes, someone,

Posted in Economy, Family, Jobs, LIberalism Tagged with: , , ,

Economists Recommend a Tax Rate of 90% on 1 Percenters?

money bags 1 percenters

Some economists are recommending that the federal government raise marginal tax rates to 90% on 1 percenters, the 1% of Americans who make hugely “unequal” sums of money a year. Marginal tax rates are taxes on amounts above a certain

Posted in Economy, Taxes Tagged with: , ,

Feds Spend $856,000 Teaching Mountain Lions to Walk on Treadmills

mountain lion on treadmill

Once again Sen. Tom Coburn (R-OK) has released his yearly list of wasteful government spending. Number one on his list of the top 100 was the $19 million paid out in salary to government workers who had been suspended from

Posted in Economy, Ethics Tagged with: , , , , , , ,

Economists tell the GOP to Go BIG on Tax Reform

abolish

If Republicans want to reform the tax code, they need to take a bold and sweeping approach, Cato Institute senior fellow Dan Mitchell said Tuesday. “People like a bold plan, because they assume that the current system is riddled with

Posted in Economy Tagged with: , , ,

Shock Report! Government Wastes Huge Amount of Taxpayer Dollars

government-waste

The federal government wastes most taxpayer dollars, not only by making poor or fradulent spending decisions, but also by funding inefficient entitlement programs and unnecessarily redistributing wealth, argues Heritage Foundation budget economist Romina Boccia. “Any Social Security check going to

Posted in Economy Tagged with: , , ,

US Sanctions Pushing China and Russia Closer Together

bear and dragon russia and china

Amid sanctions on Russia by the US and other Western countries, Vladimir Putin is solidifying his economic relationship with China: And while China remains on the sidelines in Ukraine, the deal with Moscow allows Beijing to signal its sharp disapproval

Posted in Economy, World News Tagged with: , , , , ,

Rand Paul tells the Poor to Give Up on the Democrats

rand paul

Kentucky Sen. Rand Paul, a likely 2016 hopeful, is urging middle- and working-class voters to give Republicans a chance to guide the economy. “The constituencies that voted for [President Obama] aren’t doing very well,” Sen. Paul said in an interview

Posted in Economy, Politics Tagged with: ,

China Overtakes US as World’s Largest Economy?

china economy

According to the International Monetary Fund (IMF), China has just overtaken the US as the world’s largest economy. Of course, this is not in terms of overall GDP, yet. It’s in terms of purchasing power. As an article in Forbes

Posted in Economy, Foreign Policy, World News Tagged with: , , , , ,