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    Americans' Biggest Fear? Big Government.

    Despite all the noise coming from the Occupy Wall Street crowd–and the rhetoric coming from President Barack Obama–it turns out that it’s not big business that most Americans fear, but big government. Gallup reports: The 64% of Americans who say big government will be the biggest threat to the country … More

    Navy Buys Biofuels for $15 Per Gallon From Stimulus-Linked Firm

    A California company has been hired to provide 450,000 gallons of advanced biofuels to the U.S. Navy – the “single largest purchase of biofuel in government history,” according to the Navy – at $15 per gallon, or about four times the market price of conventional jet fuel. The Institute for … More

    Another Free-Money Report

    Because the concept of opportunity cost is fundamental to all of economics, it is covered in the first chapter of every principles-of-economics textbook. Opportunity cost tells us what we give up when make decisions on consumption and production. There are no free lunches. In spite of the universal agreement on … More

    Fact-Checking President Obama on "Trickle-Down" Economics

    In a recent speech in Kansas, President Obama launched a diatribe against “trickle-down” economic policies. Not only did President Obama mischaracterize conservative tax policy, but facts rebut his claim that these policies have been a failure. The President began by invoking his understanding of conservative economic philosophy: “If the winners … More

    'Occupy' Protesters Shut Down West Coast Ports as Violence Looms

    Occupy protesters across the West Coast began blocking major ports on Monday in protest of “exploitation by capitalism,” as one protestor put it. Beginning at about 8 a.m. Eastern time, the protests are attempts to shut down ports in numerous cities from Anchorage to San Diego. The specter of violence … More

    Arizona's Immigration Law Gets to the Supremes

    In a decision that should cheer those who believe in the rule of law and want to see our federal immigration laws enforced (despite all of the efforts of the Obama Administration to prevent that from happening), the Supreme Court today accepted Arizona’s petition for certiorari in the lawsuit filed … More

    "Professor" Holder's Criminal Law Lesson

    When Rep. James Sensenbrenner (R-WI) asked Attorney General Eric Holder to explain the letters concerning Fast and Furious that were withdrawn by DOJ because they were “inaccurate,” as well other misstatements by Holder’s Justice Department in the investigation of the gun-walking disaster, Holder was quick to his own defense, arguing … More

    Chart of the Week: Where Does the Federal Government Get Its Revenue?

    President Obama and Republicans in Congress continue to wage war over an extension of the payroll tax cut. But missing from the debate is any discussion of comprehensive tax reform that would eliminate payroll taxes altogether. Social Security and Medicare payroll taxes are the second-largest source of federal revenue, surpassed … More

    VIDEO: Why Obama's Stimulus Failed

    President Obama’s economic stimulus was supposed to revive America’s economy and put people back to work. But nearly three years after Democrats rammed the bill through Congress, it’s a clear-cut failure. The nation’s 8.6 percent unemployment rate stands out as one of consequences. Then there is the high-profile Solyndra scandal … More

    The Lady Gaga-fication of Higher Ed

    Guess how many top-tier universities offer a course on Lady Gaga? Four! The University of Virginia, the University of South Carolina, Wake Forest University, and Arizona State University all now offer semester-long explorations of Lady Gaga’s apparently profound influence—since 2007—on music, fashion, and the LGBT lifestyle. Yet none of these … More