According to the usual news sources, Donald Trump’s new budget proposal “envisions steep cuts to America’s social safety net” and will “gut social programs.” Most of the cuts were proposed to pave the way for more Pentagon spending. In truth, Trump’s proposal doesn’t matter, and Congress will set to work piling on more deficit spending for both social
MoreIn a 2011 piece for the New York Times, leftist billionaire Warren Buffett claimed that investment managers are getting “extraordinary tax breaks,” due to the classification of income from managing others’ money as “capital gains.” “Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as ‘carried
MoreFor five years, billionaire hedge fund manager Bill Ackman has attempted to bring Herbalife, a global nutrition and weight management company, to the brink of financial ruin—all for his personal financial gain. Fortune reported that, back in 2012, Ackman’s Pershing Square Capital Management took a $1 billion short position in Herbalife’s stock, expressing his belief
MoreIn yet another example of Democrats’ troubling views toward free speech, the governor of a traditionally red state killed a Republican-sponsored bill designed to deal with First Amendment violations on college campuses by anti-Trump protesters. Amazingly, the Democratic Governor of Louisiana, John Bell Edwards, vetoed the bill protecting free speech on campuses because he said
MoreIn 1966, Milton Friedman wrote an op-ed for Newsweek entitled “Minimum Wage Rates.” In it, he argued “that the minimum-wage law is the most anti-Negro law on our statute books.” He was, of course, referring to the then-present era, after the far more explicitly racist laws from the eras of slavery and segregation had already
MoreThank you, government, for giving us all things so good and beautiful. Without you, there would be riots and chaos in the street, or possibly even disabled middle school girls bringing their service dogs to school with them. This just in from Napoleon, Michigan. Brent and Stacy Fry are suing their local school district because
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