Browsing All Posts published on »May, 2010«

The BP oil spill, the world asks what should government do? but I ask: What CAN government do?

May 27, 2010 by

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The question should probably be what CAN government do? my answer: Nothing! Why??? you may ask. “Expertise and resources lie within the private sector with BP” admiral declares! Adm. Thad Allen stepped down as the head of the US Coast Guard Tuesday but retained his appointment by President Barack Obama as national incident commander in […]

Washington DC is bankrupting America!

May 26, 2010 by

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If we do nothing, we will find ourselves with European style big governments with unsustainable debt levels. This interesting video says it all! enjoy! Government Debt Explained!

Offshore drilling, BP and the oil spill: what should government do?

May 26, 2010 by

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Almost 40 days ago, while the Obama administration advocated offshore drilling to reduce our dependency on foreign oil, BP’s oil exploration resulted in the worst  ecological disaster in decades, and maybe even the worst ever in our hemisphere. The oil spill is about the size of Rhode Island, running across the northern Gulf of Mexico between the mouth of the […]

Big Government in Europe led to sovereign debt crisis… Don’t let America turn into another Portugal, Italy, Ireland, Greece and Spain (PIIGS)!

May 18, 2010 by

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Although this video refers to France, France to its credit along with Germany, have managed to be more productive than their European neighbors, limiting the damage caused by huge levels of taxation and government spending. If America does not abandon failed policies and entitlement programs that have amounted to a $13 trillion debt, this nation […]

Debt epidemic: European debt crisis? Think again, the US at risk of a similar disastrous outcome!

May 18, 2010 by

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The only thing that comes to mind is “I told you so!” but then again I haven’t been the only one so concerned with the fate of the US economy!

Another reason why some US states have much higher unemployment rates than the national average: Nobel Prize Economist Milton Friedman on the minimum wage…

May 18, 2010 by

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Another reason why so many Americans are still unemployed? Don’t blame low skilled immigrant workers, blame the state and federal governments!

May 14, 2010 by

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The Effect of minimum wage laws on the labor market A July 2009 article in Time magazine recounts the history of the minimum wage: The minimum wage was first instituted in Australia and New Zealand in the 1890s in response to frequent, bitter strikes and was adopted by Massachusetts in 1912 to cover women and […]