Harvard Law School was embarrassed recently when one of its graduates, the putative President of the United States, demonstrated that he was unaware that the supreme Court has constitutional authority to declare an act of Congress unconstitutional. I have already proved that Art. I, Sec. 8, next to last clause is what authorizes Congress to assess the fee from ship owners who use the federal dock-yards. Now I will show you where the Constitution grants authority to Congress to require adult citizens to get armed!

Feb. 9, 2012. You can put it in the history books now. That was the day the $15.6 trillion national debt surpassed 100 percent of the $15.4 trillion Gross Domestic Product (GDP). Based on the latest data by the Bureau of Economic Analysis, the economy just grew by $142.2 billion in the first quarter, or an annual rate of 2.2 percent. That compares to data from the U.S. Treasury showing the national debt grew by $359.6 billion at an annual rate of 9.4 percent.

Have you ever wondered why America is having such trouble competing in the global market? Have you ever wondered why the American economy is struggling? The answer is simple.

Your investment appreciates in two ways. First, the value of the company appreciates by inflation, which generally has averaged about 4.5%. Second, the company has earnings that bring an additional 6.7% return. Sometimes a portion of these earnings is paid out in dividends. Other times the earnings are reinvested to grow the value of the company by opening more stores or buying other companies. Regardless of how the earnings are used, the total return in dollars is around 11.2%, about 6.7% over inflation.

The size of the U.S. doubled APRIL 30, 1803, with the Louisiana Purchase. Nearly a million square miles, at less than three cents an acre - it was the greatest land bargain in history! For fifteen million dollars, France sold its land west of the Mississippi, called the Louisiana Territory, because Napoleon Bonaparte needed money quickly for his military campaigns.

It was a Friday night, June 9, 1972. The Rapid City Flood was the fifth worst flood in American history. Two hundred and thirty-eight people lost their lives. Another 3,000 were injured. Many were saved. And the lives of everyone involved were changed for ever. Thousands of stories came out of that flood. Here’s mine.