The euro zone isn’t the only economy reeling from “failed states.” The United States has several of its own — most notably California and Illinois. Both California and Illinois are hoping that tax hikes will bridge gaping deficits created by politicians’ failure to rein in government growth — including expanded entitlements and exorbitant public sector pensions. Does any of this sound familiar? It should.
Read more ›Archive for May 26th, 2012
Constitutional Apostates in the Capital
The apostate American Left of today holds the position that the Founding Fathers original intent for the Constitution was to be an “evolving” and “living” document to fit and conform to the hour and day which Americans are living in. America has devolved into a lawless, narcissistic, decadent, and immoral nation because of the ABANDONMENT of the ideals of our Founding Fathers.
Read more ›Booker’s comments about Bain, capitalism should not surprise
Winston Churchill captured what this presidential election is about when he observed, “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.” It’s why the young black Democratic mayor of Newark, N.J., Cory Booker, got high-level repudiation from the Barack Obama campaign, including from the president himself, when he insolently suggested that Bain Capital, the investment firm once headed by GOP nominee-apparent Mitt Romney, might actually do positive things.
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