Jul 02
Amidst all the recent news of societies foolishly impoverishing and destroying themselves with socialism, it is always good to point to societies that transformed themselves from poverty to abundance. The country of Singapore was a 3rd world country just two generations ago. Most of its population had no running water and no electricity. Life expectancy …
Jul 01
The financial world has been reeling from a series of worldwide financial crashes. This week, high-taxing, high-regulating Greece became the world’s first “first-world” country to default on an IMF loan. On Sunday, the governor of Puerto Rico announced that his Island State’s debts are unpayable. On Monday, the U.S. Dow plummeted 350 points. Also this …
Jul 01
The often-brilliant John Stossel is out with a review of the new box-office smash, Jurassic World. The movie, like many others, bashes corporations. Stossel briefly discusses the 2000 film “Erin Brockovich,” which was nominated for Best Picture and which garnered actress Julia Roberts with numerous “best actress” awards: In the movies, anti-business activists like Erin …
Jul 01
by Dr. Roger I. Roots There is a book (and several studies) by Princeton Sociologist Martin Gilens making the rounds among “campaign finance reformers” of late. Gilens purports to have analyzed extensive data regarding the political preferences of the affluent, the middle class, and the poor, and to have distinguished between the three. The book …
Jul 01
Have you ever wondered about the future of American Social Security? What will happen when liabilities are larger than the credit of the country? A story today on Yahoo News revealed that retired Greeks who traditionally draw their government pensions in cash from their local banks are now finding that the banks only allow small …
