I’ve argued that Obama’s not a socialist. I wasn’t trying to defend him. I was simply making the point that it’s technically more accurate to refer to him as a statist or a corporatist. But he may be even worse than that, at least according to a must-read Kevin…
Daily Analysis
CF&P Joins Coalition Supporting Amash Amendment to Defund Privacy-Violating Surveillance
[Download Coalition Letter] Dear Member of the U.S. House of Representatives: We write to urge you to vote yes on the bipartisan Amash-Conyers amendment to the Department of Defense Appropriations Act of 2014 (H.R. 2397). Rep. Amash’s proposed amendment would defund…
If the Government Doesn’t Double Tax Your Retirement Savings, Are You Benefitting from an Entitlement?
I’ve cited some remarkable examples of Orwellian language abuse. The World Bank published a study of national tax systems and countries with higher tax burdens were rewarded with a grade of “high effort.” A German bureaucrat accused a Czech politician of “obstructing…
Jack Lew and Citigroup: How the Corrupt Rich Get Unjustly Richer with Crony Capitalism
If you’re an amoral person with political connections, it’s possible to make a lot of money. Warren Buffett lined his pockets by making a government-subsidized investment in Goldman Sachs during the financial crisis. The rest of us suffered and he got richer, but the…
Just Because California Is Terrible, that Doesn’t Mean Texas Is Perfect
Texas is in much better shape than California. Taxes are lower, in part because Texas has no state income tax. No wonder the Lone Star State is growing faster and creating more jobs. And the gap will soon get even wider since California voters recently decided to…
Is There a Libertarian Argument for another Four Years of Barack Obama?!?
From a rational perspective, the logical choice is not voting. After all, the odds of your vote making a difference are infinitesimally small. But that’s if you view voting as an “investment” choice – i.e., you taking time and effort to do X in hopes of getting Y in…
Finally, a Compelling Argument for Romney
I’ve repeatedly expressed my concerns that Romney would be another Bush, expanding the burden of government spending and failing to engage in desperately needed entitlement reform. I’ve even shared some R-rated anti-Romney humor, so folks know I’m not a…
The Deadly Impact of President Obama’s Economic Policies: 59,757 Needless Deaths…and Counting
In what will almost surely be the nastiest campaign ad of the political season, a pro-Obama super PAC basically accuses Mitt Romney and Bain Capital of causing a woman’s death. Viewers are supposed to hold Romney responsible because the woman’s husband lost his job,…
Ambassador John Bolton Explains Need to Block Back-Door Gun Control Scheme from the United Nations
I’m not a big fan of the United Nations and I’m not a supporter of gun control, so you can imagine how agitated I get when two bad things are combined together. And that’s exactly what’s happening with a new anti-gun treaty being concocted by the United Nations. John…
New IRS Regulation Shows the “Willful Negligence” of Treasury Secretary Tim Geithner
CF&P’s been fighting for more than 10 years to stop an IRS regulation that would force American banks to put foreign tax law above US tax law. Sadly, we recently lost that battle when Treasury Secretary Tim Geithner finalized the third version of the…