My Blog

Category: Business

  • Government Dependents Outnumber Private Sector Workers

    In 11 of the 50 states in the US, residents dependent on the government outnumber private sector workers. “America is rapidly becoming a nation of takers,” economic blogger Michael Snyder writes. “An increasing number of Americans expect the government to take care of them from the cradle to the grave, and they expect the government…

  • Liberals Love Arab News Propaganda

    Double-irony from Al Gore & Current TV: It all starts with a story from The Atlantic Wire (A fairly left-leaning group:) Every once in a while a tweet appears that’s so silly, it must be a joke. Like this one from Glenn Beck: “Before Al-Jazeera bought Current TV, TheBlaze looked into buying it but we…

  • Two Cautionary Tales of Gun Control

    The U.K. and Australia: A media frenzy coupled with an emotional campaign by parents of Dunblane resulted in the Firearms Act of 1998, which instituted a nearly complete ban on handguns. Owners of pistols were required to turn them in. The penalty for illegal possession of a pistol is up to 10 years in prison.…

  • Obama’s Daughters’ School Has 11 Armed Guards

    The school, Sidwell Friends School in Washington, DC, has 11 security officers and is seeking to hire a new police officer as we speak.   … If you dismiss this by saying, “Of course they have armed guards — they get Secret Service protection,” then you’ve missed the larger point. The larger point is that…

  • Gun Background Checks Jump in Illinois

    Illinois State Police information provided to The Associated Press shows that 12,557 checks were conducted through the state’s Firearms Transfer Inquiry Program between Friday and Tuesday. There were 6,870 checks during she same period a year earlier. via Chicago Tribune. Jump?  Nearly double!

  • Gov Official Warns Cook County Retirees Of Local Debt

    In May, 2012, the collective debt reported by the local primary taxing agencies in Cook County was more than $140 billion! To put that in context, the total debt-per-household in the City of Chicago was $87,720, and $35,774 in the suburbs. Since local governments cannot print money, they rely on property taxes as their main…

  • U.S., Iran, Syria, Libya & the Petrodollar

    There’s been a lot of conflict in the Middle East. And most of it has to do with the petrodollar. Take Iran, for example. The country is undergoing a bout of hyperinflation. This came about because of the pressing sanctions the West placed on Iran. But it’s not the only way America is trying to…

  • Pensioners Take Note, Municipal Bond Storm Coming

    [B]ut California too is now starting to hand it to bondholders. Cities in California are now testing the limits of bankruptcy law, and not paying the debt nor the payments for retirees to the state system. Thus this article describes how the state retirement system (CALPERS) is suing to demand payment, and saying that retiree…

  • Plastic Bulb Promises Better Quality Light

    The new light source is called field-induced polymer electroluminescent Fipel technology. It is made from three layers of white-emitting polymer that contain a small volume of nanomaterials that glow when electric current is passed through them. The inventor of the device is Dr David Carroll, professor of physics at Wake Forest University in North Carolina.…

  • $55 Million Paid to Kids to Do Nothing

    Records provided to CNN show that $54.5 million was spent on the NRI program, mostly through the governor’s discretionary fund, which doesn’t require legislative approval. The only data on the program’s accomplishments come directly from the Illinois Violence Prevention Authority. The NRI states that it created more than 3,484 jobs, provided counseling for more than…