Category Archives: Principles of Economics

George Will Announces Support for a “Convention” to Stop Obama


The movement pushing an Article V Convention of the States is growing fast.  It is composed mostly of state lawmakers seeking to force the federal government to balance the budget with a constitutional amendment. Michigan recently submitted an application for a Convention, possibly becoming the final state necessary to set in motion such a constitutional amendment Convention focused on a balanced budget amendment. More and more influential conservatives are coming out in favor of a convention, including Mark Levin and

Ron Paul on Bundy Ranch: When Americans Unite, Government Backs Off

Bundy Ranch protest

Last week America witnessed the overreaching and heavy hand of the federal government, as Bureau of Land Management agents threatened a Nevada rancher over past due “grazing rights” fees on purported federal land. America responded, and exercised their First and Second Amendment rights to compel the feds to back down from their armed theft of Cliven Bundy’s cattle. The situation got pretty tense, with a standoff developing between armed federal agents versus Oathkeepers and militia members.  Luckily, the situation has

George Will: New American “Revolution” is Inevitable

George Will

Many of us have given thought to the possibility of a new American Revolution. While it is certainly not preferable, the nation is reaching a tipping point of unsustainability when it comes to the progressive liberal assault on our Constitution, our liberty and freedom, and our inherent rights. Big government continues to grow to ever greater heights, all seemingly at the expense of normal American citizens and future generations..  This can’t continue forever. Acclaimed conservative author and thinker George Will

BOOM: House Votes Against Obama’s Budget 413-to-2

President Obama Holds Town Hall On Health Care In Raleigh, North Carolina

President Obama has a history of turning in his budget proposals late and with no foundation in reality.  This year was no different. Obama’s budget for 2015 called for more than $650 billion in new taxes.  The budget continues to run a half trillion dollar deficit, which he doesn’t feel is an urgent crisis.  He also believes the national debt is in a “sustainable place”. Last year both the Republicans and Democrats roundly rejected Obama’s budget, just as they have

VICTORY: Alabama House Requires Drug Test Before Welfare


While we certainly don’t dispute the need of some form of welfare assistance for the truly less fortunate and downtrodden among us, particularly in tough economic times, it is difficult for anyone to argue that the welfare system is not rife with fraud and abuse and in need of reform. Some states are not waiting for the federal government or Congress to face up to the problem, and are instead tackling the waste, fraud and abuse themselves. Florida recently passed

Poll: Would You Vote for Paul/Cruz in 2016?


Senators Rand Paul and Ted Cruz have staked out a position as the alternatives to the establishment GOP that far too often seems the same as the progressive Democrats. Both men consider themselves to be constitutional conservatives with libertarian leanings.  They have made efforts to reach out to potential voter groups historically ignored by the Republican Party. Suppose for a moment that these two men joined forces in 2016 for a run at the Oval Office.  Would you support a

Dr. Carson: Black America Must Reject the Welfare State

Dr Carson

Dr. Ben Carson refuses to let the left shut him up, and he encourages everyone else to speak up and refuse to be silenced as well. He does not hesitate to call things like he sees them, saying that President Obama is turning America into a “third world nation” by driving up the national debt to such unsustainable heights. He has even referred to Obamacare as a new form of slavery. Dr. Carson revisits the theme of slavery once again,

Democrat Demands More Money, Says Congress is “Underpaid”

Jim Moran

Despite the fact that members of Congress make a salary about 4 times greater than the average American citizen, some members of Congress feel they are “underpaid.” In fact, Nancy Pelosi has even said that cutting the pay of Congress would violate the “dignity” of the job.  This from a woman that flies on a private jet and spent over $100k on gourmet foods, all at taxpayer expense. In a time of economic stagnation with high unemployment and over 47

Bill O’Reilly: “Race Hustlers” Don’t Want to End Poverty

Mourners Attend Funeral For Civil Rights Leader Dorothy Height

Fox News’ Bill O’Reilly is no stranger to the charge of racism, as he is frequently targeted by the race hustlers out there that don’t agree with his common sense observations on race, cultural and societal issues. Take for example the time O’Reilly donated $25k to a foundation run by Al Sharpton, and then was still called racist and accused of “hating the poor” by Sharpton. We can expect the attacks on O’Reilly to continue, especially after some pointed comments

Insurance Firms: Obamacare is Already Making Prices Double

Obama on the phone

Despite President Obama’s oft-repeated claim that Obamacare would make insurance premiums drop about $2,500 per family, the White House is now admitting that, yes, Obamacare will make insurance more expensive. In fact, it is estimated that some areas of the country will see premiums rise as much as 100-400%. It has become so obvious that the law will decimate the middle class that labor unions are now crying foul, claiming it will hurt millions of workers.  Even the IRS workers

Copyright Capitalism Institute, 2011-present.