Ronald Baily: The Morning After America's Debt Binge

The hangover will likely last two decades.      President Barack Obama is adamant that he will not be held “hostage” by the Republicans in the House of Representatives, who are threatening not to raise the U.S. debt ceiling without some concessions on future spending and Obamacare. If the debt limit is not raised, allowing the Treasury   ... MORE

Niels Gerson Lohman: Why I Will Never Return To The U.S.

America has become an ugly place to visit.      After a year of travelling, I had planned a last, short trip. I was going to take the train from Montreal to New Orleans. The travels I had been undertaking earlier this year had brought me to places that were meant to form the background of my second novel. This trip, however was for my  ... MORE

VIDEO: Should Millennials Opt Out Of ObamaCare?

Pot Legalization Effort Defies Stereotypes

by Steven Greenhut.        While taking my daughter to a punk-rock concert a few years ago, I noticed something even more fascinating than fellow concert-goers’ hairdos and intricate tattoos. It involved some common behavior.  Many people stood outside the venue, puffing cigarettes. When the doors opened, everyone — with no         ... MORE

Peter Schiff: Debt Ceiling Delusions

Debt accumulation does not equal economic growth.     The popular take on the current debt ceiling stand-off is that the Tea Party wing of the Republican Party has a delusional belief that it can hit the brakes on new debt creation without bringing on an economic catastrophe. While Republicans are indeed kidding themselves   ... MORE

VIDEO: ObamaCare More Than A Glitch

Drug War Update: Cops Kill Man In Mistaken Meth Lab Raid

Widow sues LA County for $50 million.     The wife of an 80-year-old man who was shot dead by deputies in a mistaken meth lab bust is suing the county for $50million, it emerged today. Eugene Mallory was shot six times in a June 27 raid by Los Angeles County Sheriff's Department who arrived at the property with a search warrant    ... MORE

Dr. Ben Carson: ObamaCare Is Worst Thing Since Slavery

Vladimir Lenin would have liked Obama.         Dr. Ben Carson slammed President Barack Obama’s signature health care during his speech at the Value Voter’s Summit Friday. “Obamacare is really, I think, the worst thing that has happened in this nation since slavery,” Carson declared. “It is slavery in a way because it is making all of us     ... MORE