Ten Years After the Last Meltdown: Is Another One Around the Corner?

September marked a decade since the bursting of the housing bubble, which was followed by the stock market meltdown and the government bailout of the big banks and Wall Street. Last week’s frantic stock market sell-off indicates the failure to [...]

A new Cold War coming?

According to former Federal Reserve Board Governor Kevin Warsh, the U.S. is on the verge of a new Cold War with China -- but this one is going to be economic. "We're at the risk of a real 'cold war' between the world's two largest economies," [...]

Why they hate us

Last week, I wrote about Senator Rand Paul’s efforts to stop U.S. taxpayer dollars from supporting Afghanistan military units that turn a blind eye to child sexual abuse. As I mentioned, this practice is common, but U.S. troops have been [...]

This Week in Congress wrap-up: your tax dollars still going to Afghanistan child rapists

Well by Monday we may have a new Supreme Court Justice as the Senate should vote  on the nomination of BrettKavanaughh to the court on Saturday. The Senate this week passed the FAA reauthorization bill by as vote of 93-6. The six "no" votes [...]

Classic Ron Paul: End the “Fred” (and the “Fan”)

No, that wasn’t a typo. In the fall of 2003, five years before the housing bubble burst, then-Congressman Ron Paul was a lonely voice in D.C., warning that the Federal Reserve, Congress, and the Bush Administration had created a bubble that [...]

Tax cuts damage economic growth?

Only if they are not paired with spending cuts. Ever since the seventies, Republicans have argued that the economic growth spurred by tax cuts would raise enough government revenue to overcome any negative effects on the deficit. But Peter [...]

This Week in Congress

The Senate -- defying my expectations and past tradition -- remains in session even though we are only a month away from the mid-term election. The big vote this week could occur today, as Senator Tammy Baldwin (D-WI) is offering a privileged [...]

NAFTA 2.0: Free Trade or Central Planning?

Last week the United States, Mexico, and Canada agreed to replace the North American Free Trade Agreement (NAFTA) with a new United States-Mexico-Canada Agreement (USMCA). Sadly, instead of replacing NAFTA’s managed trade with true free trade, [...]

Here’s a Good Reason to Homeschool

Your kids won’t get bugs in their food... Yes, that is now happening in public schools. Baylen Linnekin writing at REASON magazine has the details: Earlier this month, seventh grader Madison Smith and some of her middle school peers at [...]

This Week in Congress

The House is adjourned and will not be back until after the elections. Before adjourning last week, the House passed H.R. 6, the huge bill drastically expanding government in the name of fighting opioid addiction. Only eight members voted [...]