Financial News

Vermont Kills Liberal Dream of Single Payer Healthcare

In 2011, Peter Shumlin, the Democrat governor of Vermont, promised to usher in an unprecedented liberal dream for his little corner of the United States. While the rest of the country was concerning themselves with the implications of Obamacare, Shumlin was going to go full-socialist and create single-payer healthcare. He signed a bill creating Green Mountain Care, and observers everywhere ...

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Unconstitutional: Federal Judge Slams Executive Order

For the first time, a sitting judge has weighed in on the debate over President Obama’s deferred deportations decree. Judge Arthur J. Schwab, presiding over a deportation case in Pennsylvania, sent out a memo on Tuesday that accused Obama of moving beyond his executive authority when he decided to make law from the White House. In the process, Schwab hacked ...

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Study: Higher Minimum Wage Leads to Lower Employment

A new study from the National Bureau of Economic Research conclusively shows that minimum wage hikes lead to scarcer employment for low-skilled workers. Titled, “The Minimum Wage and the Great Recession,” the study looked at three federal minimum wage increases rolled out between 2007 and 2009. The results probably won’t make a difference to any liberal who thinks these wage ...

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Brink of Catastrophe: U.S. Debt Passes $18 Trillion

While the eyes of the nation focus on Ferguson, immigration, and Kim Kardashian’s backside, America has passed what RNC Chairman Reince Priebus called “a sad milestone.” The U.S. is now more than $18 trillion in debt, up a startling 7 1/2 trillion dollars since Barack Obama first took office. But while Republicans are trying to position this as a partisan ...

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Plummeting Gas Prices, No Thanks to Liberals

Liberals are surely enjoying the break we’ve been seeing at the pumps as of late, but they probably don’t realize that we’re seeing these gas prices due to a surge in American energy production. Of course, liberals have stood firm against drilling, fracking, and all of the other energy-production methods that might bring the cost of oil down. If we ...

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Midterm Domination: Was It the Economy All Along?

It was impossible not to smile as the results rolled in late Tuesday night. In state after state, Republicans handily defeated their Democratic opponents. Voters almost everywhere came out to express their displeasure with the Obama White House, and Democrats in Congress took the brunt of the anger. Looking at exit polls, I have to wonder though: was it the ...

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The Ongoing Employment Costs of Obamacare

It’s made up only a fraction of political debate in this year’s elections, but Obamacare continues to be, in my opinion, one of the biggest things holding us back from a full and robust economic recovery. Even with it standing in the way, numbers are on the rise. There’s no doubt about that, even if the numbers aren’t as good ...

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We Don’t Need Heroes: A Conservative Reminder

As Obama’s presidency slides further into the gutters of time with each passing day, a lot of the people who bought into his “hope and change” rhetoric feel like they were misled. In the heady days of the 2008 election, the guy (to liberals, at least) seemed like he stepped off the pages of an inspirational novel. Charismatic, good looking, ...

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Red States Much More Charitable Than Blue States

One of the most common things you’ll hear about conservatives is that we’re selfish. We care more about making sure we get that swimming pool than we do about making sure we clothe and feed the poor. We care more about sending our kids to the most exclusive private schools that we do about making sure sick minorities get the ...

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Palin: Time to Do Away With the IRS

Speaking to the Values Voters Summit on Friday, former Vice Presidential candidate Sarah Palin took aim at the Internal Revenue Service. For the last year, the IRS has been embroiled in a scandal for targeting Tea Party groups and other conservative organizations for audits. Palin used the scandal to illustrate why Americans should vote for politicians willing to dismantle the ...

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