Journalism Professors Caught On Tape Discussing Liberal Media Strategy

Journalism Professors Caught On Tape Discussing Liberal Media Strategy - HUMAN EVENTS: "In Part 1, they caught a Rutgers University professor, widely quoted as an unimpeachable expert on liberal blogs, cheerfully offering to suppress a study inconvenient to labor unions. Part 2 catches up with top journalism professors Jay Rosen and Clay Shirkey of NYU, filmed by undercover cameramen while they have… well, exactly the sort of conversation that the most aggressive conservative critics of liberal media bias have nightmares about."

To Catch a Journalist: New York Times, Jay Rosen, Clay Shirky

On Tyranny and Liberty

On Tyranny and Liberty by Myron Magnet, City Journal Autumn 2011: "There’s indeed a lot of petty tyranny going around. The question is, at what point do many little tyrannies add up to Tyranny?"

Government's Monopoly in Education has Failed

John Stossel: School Competition Rescues Kids - Reason Magazine: "Conventional wisdom is that government must run the schools. But government monopolies don't do anything well. They fail because they have no real competition. Yet competition is what gives us better phones, movies, cars—everything that's good.

If governments produced cars, we'd have terrible cars. Actually, governments once did produce cars. The Soviet bloc puts its best engineers to work and came up with the Yugo, the Volga, and the Trabant. The Trabant was the best—the pride of the Eastern Bloc. It was produced by actual German engineers—known for their brilliance. Yet even the Trabant was a terrible car. Drivers had to put the oil and gas in separately and then shake the car to mix them. Trabants broke down and spewed pollution. When government runs things, consumers suffer.

Our school system is like the Trabant."

Equally Poorer. Even the Rich Get Hit by Obama's Economy

Equally Poorer - Michael Tanner - National Review Online: "According to data just released by the Tax Foundation, the top 1 percent of the wealthiest Americans earned 16.9 percent of all adjusted gross income in the United States. While no doubt that’s a lot of money, it actually represents a decline from 2008, when the rich earned 20 percent of all income. That’s right; the rich are earning a smaller proportion of U.S. income.

In fact, there has been a 39 percent decline in the number of American millionaires since 2007. Among the so-called super rich, the decline has been even sharper. The number of Americans earning more than $10 million per year has fallen by 55 percent."

Life Is Good in the Capital of Crony Capitalism, Washington DC

Life Is Good in the Capital of Crony Capitalism | Gene Healy | Cato Institute: Commentary: "That the hometown of the political class has passed the home of the creative class in wealth and influence is genuine cause for alarm. Washington, D.C. is the capital of Crony Capitalism — and it's only growing richer. That inequality is worth worrying about."

Keynes vs. Hayek, The Fight of the Century, Round 2

If you happened to miss Round 1 of Keynes vs. Hayek, go here

Why the Senate needs to return to requiring supermajorities

By Senator Ron Johnson: Why the Senate needs to return to requiring supermajorities - The Washington Post: "Our Founding Fathers recognized how the unchecked power of a majority would be a constant threat to individual liberty. They acknowledged that government was necessary, but they also knew that a government elected by a majority could easily trample the freedoms of the minority. They and their ancestors had come from dictatorial monarchies, and they fully understood that, more often than not, government was something to fear and should therefore be limited."

The Red State in Your Future

The Red State in Your Future - Forbes: "The study looks at factors that affect state prosperity and economic outlook, such as tax burdens and population change. What’s clear is that red or red-leaning states dominate the top positions while blue states have the dubious distinction of dragging in last. In the economic outlook section, for example, the top 20 states are bright red or lean red, while eight out of the bottom 10 are very blue: New York, Vermont, California, Hawaii, New Jersey, Illinois, Oregon and Rhode Island."

Ron Paul: Blame the Fed for the Financial Crisis

Ron Paul: Blame the Fed for the Financial Crisis - WSJ.com: "The Federal Reserve has caused every single boom and bust that has occurred in this country since the bank's creation in 1913. It pumps new money into the financial system to lower interest rates and spur the economy. Adding new money increases the supply of money, making the price of money over time—the interest rate—lower than the market would make it. These lower interest rates affect the allocation of resources, causing capital to be malinvested throughout the economy. So certain projects and ventures that appear profitable when funded at artificially low interest rates are not in fact the best use of those resources."

Washington, D.C. Becomes America’s Richest City

Washington, D.C. Becomes America’s Richest City - HUMAN EVENTS: "Things are tough all over… except for Washington, D.C. By vacuuming four trillion dollars out of the private economy, President Obama has brought a deficit-fueled boom to the seat of the national bureaucracy he loves. Bloomberg News does the honors as Silicon Valley is dethroned, and America’s new richest city is crowned:

Federal employees whose compensation averages more than $126,000 and the nation’s greatest concentration of lawyers helped Washington edge out San Jose as the wealthiest U.S. metropolitan area, government data show.

The U.S. capital has swapped top spots with Silicon Valley, according to recent Census Bureau figures, with the typical household in the Washington metro area earning $84,523 last year. The national median income for 2010 was $50,046."

Voters say Washington, DC is Worse than Wall Street

The Hill Poll: Voters say Washington is worse than Wall Street - TheHill.com: "The Hill poll found that only one in three likely voters blames Wall Street for the country’s financial troubles, whereas more than half — 56 percent — blame Washington."

More Hope and Change

A "Living Constitution" is a Dead One

The Tenth Amendment Prohibited the “Living Constitution” – Tenth Amendment Center: "The “living Constitution” necessarily encroaches on both the Ninth and Tenth Amendments. You can’t give the federal government new powers without carving them out of the reserved rights and powers. Hence, the idea of a “living Constitution” is prohibited by the Constitution itself. There is no theory of law that can change this fact."

Why Government Spending Is Bad For Our Economy

Why Government Spending Is Bad For Our Economy - Forbes: "If the aim was really to stimulate recovery of the private sector, the most effective way of doing that would have been to leave the money in the private sector. After all, people tend to be more careful with their own money than they are with other people’s money. Undoubtedly people would have spent their money on all sorts of things to help themselves, things worth stimulating like food, clothing, gasoline, downloads, cell phones and household repairs."

Why the left fears Surging Herman Cain

Why the left fears Herman Cain: Surging candidate threatens allegiance between blacks and Dems: "So why would African-Americans espouse so much hatred for a black man who broke through racial barriers to embody the very notion of the self-made man?

Columnist and commentator Juan Williams believes they are "threatened by the success of Herman Cain." True as that may be, the anger of Cain's black critics has deeper roots than mere professional jealousy.

First, there is the political threat that Cain could garner a portion of the black vote if nominated, thus stealing from Obama's base. But second, and most importantly, Cain is blasting away at the left for having "brainwashed" African-Americans into voting the Democrat line, saying that he "left the Democratic plantation" and urging fellow blacks to do the same."

Father of Supply Side Economics Supports Cain's '9-9-9' Plan

Father of Supply Side Economics Supports Cain's '9-9-9' Plan - HUMAN EVENTS: ""Herman Cain’s 9-9-9 plan would be a vast improvement over the current tax system and a boon to the U.S. economy," Laffer told HUMAN EVENTS in a statement. "The goal of supply-side tax reform is always a broadening of the tax base and lowering of marginal tax rates."

Added Laffer: "Mr. Cain’s plan is simple, transparent, neutral with respect to capital and labor, and savings and consumption, and also greatly decreases the hidden costs of tax compliance. There is no doubt that economic growth would surge upon implementation of 9-9-9.""

Issa subpoenas Justice Department, Holder for Fast and Furious documents

Issa subpoenas Justice Department, Holder for Fast and Furious documents - The Hill's Blog Briefing Room: "“Top Justice Department officials, including Attorney General Holder, know more about Operation Fast and Furious than they have publicly acknowledged,” Issa said in a statement announcing the subpoenas.

“The documents this subpoena demands will provide answers to questions that Justice officials have tried to avoid since this investigation began eight months ago. It’s time we know the whole truth.""

Obama Has Now Increased Debt More than All Presidents from George Washington Through George H.W. Bush Combined

Obama Has Now Increased Debt More than All Presidents from George Washington Through George H.W. Bush Combined | CNSnews.com: "in the less-than-three-years Obama has been in office, the federal debt has increased by $4.212 trillion--more than the total national debt of about $4.1672 trillion accumulated by all 41 U.S. presidents from George Washington through George H.W. Bush combined.

This $4.212-trillion increase in the national debt means that during Obama’s term the federal government has already borrowed about an additional $35,835 for every American household--or $44,980 for every full-time private-sector worker."

Darrell Issa to issue new Fast and Furious subpoenas

Darrell Issa | Fast and Furious | The Daily Caller: "“We want to know: what did they know and when did they know it,” Issa said on “Fox News Sunday.” “But, more specifically, we have to understand, at what level did the authorization come? It wasn’t an ATF operation — they were part of that.”

“It was a joint operation, the DEA [Drug Enforcement Administration] knew more than ATF knew,” Issa continued. “And, of course, these are all part of the Department of Justice, and as we’re beginning to see, and we’re not talking about Eric Holder at this moment, people at the top of Justice were well-briefed, knew about it and seemed to be in command and controlled funding of this program.”"

Cain: Move ‘Occupy Wall Street’ to 1600 Pennsylvania Avenue

Cain: Move ‘Occupy Wall Street’ to 1600 Pennsylvania Avenue | CNSnews.com: "“When a reporter asked me the other day, well, what do you think about those demonstrations up on Wall Street, I said, first of all, Wall Street didn’t write these failed economic policies -- the White House did,” said Cain.

He then added, “Why don’t you move the demonstrations to the White House?”"

Effective Tax Rate for U.S. Companies among the Highest in the World

Job Killer: The Tax Foundation - Effective Tax Rate for U.S. Companies among the Highest in the World: "The most recent studies show that the average effective corporate tax rate for corporations headquartered in the U.S. is roughly 27 percent, while the average of other nations is about 20 percent. The effective average rate for new investment in the U.S. is roughly 29.8 percent, 7.4 points above worldwide competition.

These conclusions fly in the face of much recent public discussion which has sought to characterize U.S. corporations as having relatively light tax burdens, and to foster the impression that corporate tax planning and avoidance routinely leave large U.S. firms with little or no federal tax liability."

Obama crony company got special help on loan

Obama crony company got special help on loan | Examiner Editorial | Opinion | Washington Examiner: "President Obama has learned nothing from the widening scandal surrounding the Department of Energy's loan guarantee program. Even as Energy Secretary Steven Chu admitted last week that he personally intervened to give the now bankrupt solar panel manufacturing firm Solyndra even more money -- after they had defaulted on their federal loan -- the Energy Department approved two new similar loans, worth more than $1 billion, to solar firms which, like Solyndra, have strong ties to Democratic Party fundraisers.

In the fall of 2010, Solyndra executives told Chu that their firm was dangerously low on cash and might not make a Dec. 1 payment to a $30 million cash reserve fund as required by the original terms of the loan. But when Dec. 1 came, and Solyndra did fail to make the payment, not only did Chu fail to pull the plug, he actually restructured the loan in a way to further protect Solyndra's investors at the expense of taxpayers."