Does Welfare Actually Promote Entrepreneurship?

A recent article in The Atlantic challenges the oft-cited negative correlation between welfare programs and entrepreneurship by saying that welfare reduces the risks of starting a business, which would actually encourage entrepreneurship: This argument is particularly important today for two reasons. First, despite the headlines coming out of Silicon Valley, America has actually become less entrepreneurial over the past few decades. The research described above suggests that reversing that decline Read more […]

A Real Schock … GOP Rep Resigns After Fraud Investigation

Aaron Schock, a House Republican from Illinois, has resigned effective March 31 after an investigation into his requests for federal reimbursement uncovered multiple discrepancies, especially concerning his mileage expenses: Schock billed the federal government and his campaign for logging roughly 170,000 miles on his personal car from January 2010 through July 2014. But when he sold that Chevrolet Tahoe in July 2014, it had roughly 80,000 miles on the odometer, according to public records obtained Read more […]

Total US Debt Over $18 Trillion

The total US debt has just jumped over the $18 trillion mark for the first time ever. With all of the other major problems we are facing as a country, this one might be the crow bar that finally shatters the camel’s back: It also means that total US debt to nominal GDP as of Sept 30, which was $17.555 trillion, is now 103%. Keep in mind this GDP number was artificially increased by about half a trillion dollars a year ago thanks to the “benefit” of R&D and intangibles. Without said definitional Read more […]

Shock Government Report: People Eat Fast Food to Save Time

It took several years of data and 52 pages of a report to conclude that Americans eat fast food because it saves time. You ever have one of those moments where you have an epiphany, and everything “clicks?” This is one of those moments. All this time, I had no idea why they called it “fast food.” Now, thanks to this important government study, I realize it’s called fast food, because it’s fast. People buy it, because it’s fast, and it saves time. It all makes sense now! The Blaze Read more […]

The End Result Of Tax & Spend Philosophy

“A civilization must be judged by its standards, not by its expenditure.” – Amit Kalantri We are not a society which values means, but rather one that values ends. With that perspective, we can sometimes get lost. To achieve satisfactory ends, we must concern ourselves with the means. The two are inextricably linked. That concept is something not well understood by liberals. Liberals see a problem, and their solution is to throw money at it. A rising population of poor people? Raise taxes to Read more […]

State Department “Loses” $6 Billion, and No One Cares

This happens all the time in government, because they’re not dealing with their own money. They’re dealing with money that’s been confiscated from Americans through taxation. There’s no incentive for them to be careful with that money. This would never happen to this extent in a privately run business. They have accountants keeping track of every penny, and since they’re dealing with money they’ve earned, they have every incentive in the world to be careful with it. The State Department’s Inspector Read more […]

Shock: No One Read the $1.1 Trillion Spending Bill That Just Passed

We all remember when Nancy Pelosi said that we had to pass the bill to find out what was in it. She was trying to ram through Obamacare. What idiot would vote for such a gigantic bill without even knowing what was in it? Actually, that’s fairly standard operating procedure in Washington. Back when Ron Paul was still in Congress, he’d automatically vote against any bill that he or his staff didn’t have time to read, on the basis that he didn’t know what was in it. No one could possibly Read more […]

TSA Spends $900 Million On “Behavior Detection”; Catches 0 Terrorists

They’d probably say something like, “We’d spend $900 trillion if it meant catching just one terrorist.” They used the same rhetoric when trying to get everyone on board with more federal gun control. “If it saves just one life…” Like any good government program, a bunch of money is spent (and will continue to be spent) for a stated purpose, and the program ends up being a complete failure. A waste of money. Well, I suppose it depends on how you look at it. Perhaps their real goals Read more […]

Gun-Grabbing New York Police Chief Gets Entourage Of Taxpayer-Funded Armed Security

Ray Kelly is the current police chief of the NYPD. He’s on his way out. He and Bloomberg have been New York’s gun-grabbing dream team. In addition to trying to eliminate the 2nd Amendment, they’ve also been active in nullifying the 4th and 5th Amendments with their “stop and frisk” policies, which have been made necessary by their nullification of the 2nd Amendment. Like most liberals, they don’t at all practice what they preach. They want guns among law-abiding citizens confiscated, Read more […]

Secretary of Treasury: Our Monetary System Is A Ponzi Scheme

Jack Lew is the Secretary of the Treasury. He took over after the tax cheat Tim Geithner left. Secretary Lew is campaigning for an increased debt ceiling, along with the establishment Republicans, Democrats and pundits in the media. To them, the issue is a no-brainer. They have to frame it as if it’s obvious what we have to do. Of course we have to lift the debt ceiling. Otherwise, how are we going to pay our debts? If the tea partiers got their way, we’d default. “And that’s just what Read more […]

A Plea to Spineless Republican Leaders During the Shutdown

According to the Wall Street Journal: “President Barack Obama and House Republicans began discussions Thursday on a GOP proposal to extend the nation’s borrowing authority for six weeks, marking a new opening in the budget stalemate that risks a U.S. debt crisis.” Noooooooooooo! Are you kidding me?! Just Wednesday I was so proud of the GOP—especially the typical establishment types–because they had hunkered down, and held the line, even closing the government…well, 15% of the government. I Read more […]

The Debt Ceiling Hysteria Shows How Wall $treet Is Bleeding The Country Dry

Every day we hear about how awful it will be if the debt ceiling isn’t raised because the United States will then default on its treasury obligations. When it is pointed out that we don’t need to miss any debt payments—that if making the payments is so dire we should prioritize them over arming Syrians or using drones to kill people in Nowherethatmatterstoanyamericanstan.  But we are told that, despite the fact that defaulting will cause the planet to explode, for some vague reason prioritizing Read more […]