Red Dawn, the remake of the classic 1984 film, raises numerous questions about the current awareness of American citizens of external (and internal) threats to their freedom.
One of the best indicators of a state’s economic health, according to John Merline, writing in Investor’s Business Daily, is the “U-Haul Index” (first publicized by economist Mark Perry) to see what people are paying to move into, or out of, the state. Renting a 20-foot truck one way from San Francisco to San Antonio, Texas, for example, costs $1,693. Going in the other direction, however, costs only $983 for the same truck.
As Perry explains, "The American people and businesses are voting with their feet and their one-way truck rentals to escape California and its forced unionism, high taxes, and high unemployment rate for a better life in low-tax, business-friendly, right-to-work states like Texas."
The U.S. attorney who busted a stock trader in the "most lucrative insider-trading scheme ever charged" might do well to investigate the Halls of Congress to find even more lucrative schemes.
The United Food and Commercial Workers (UFCW) union has threatened 1,000 protests against Walmart on Black Friday, while the giant retailer has filed a complaint against such actions by the union with the National Labor Relations Board (NLRB).
A Spanish theater owner is protesting the VAT increase on his tickets to 21 percent by offering carrots for sale, which are subject only to a VAT of 4 percent, and giving purchasers free admission.
The Congressional Budget Office's latest offering of suggestions on how to cut the deficit falls far short of what is needed and admits that making adequate spending cuts will be a "formidable task."
Following his office’s publishing of his annual Wastebook last month, Senator Tom Coburn (R-Okla.) has now released another oversight report, this one exploring waste and “non-defense” spending in the Department of Defense (DOD), entitled the “Department of Everything.”
Hard-money investment manager Marc Faber predicts that markets could decline by 20 percent, perhaps more, as the economy faces the continued recession and worries about the "fiscal cliff."
Pew Research Center predicted Obama would win reelection by 50 percent to 47 percent. They were essentially correct, due to a changing national demographic.
In its latest 14-page report on the impact the “fiscal cliff” would have on the economy in 2013 and beyond, the non-partisan Congressional Budget Office (CBO) provided enough ammunition to both sides of the debate to guarantee a standoff in Washington. It would have simplified matters greatly if Doug Elmendorf, the CBO’s director, had simply said: “Pay me now or pay me later. You decide.”