Uncertainty Paralysis By John Stossel
President Obama would do us all a big favor if he'd ask himself this: "Would I start or expand a business without knowing what regulations or taxes government will impose next year?"
President Obama would do us all a big favor if he'd ask himself this: "Would I start or expand a business without knowing what regulations or taxes government will impose next year?"
The now storied Alaska Airlines flight from Seattle to Miami has opened debate on unruly children in crowded airplanes. It seems a 3-year-old, having had his iPad removed in preparation for takeoff, threw a tantrum. Sitting with his father, Mark Yanchuk, little Daniel would not be calmed and refused to properly wear a seat belt. His mother, grandmother and a 1-year-old sibling had escaped to first class.
Demographic forecasts generally take the form of predicting more of the same. Old people have been moving to Florida for the past several years, and old people will move there for the next few years. Immigrants have been streaming in from Mexico, and they will continue to do so. You get the idea.
Cory Booker's emotional televised plea to "stop attacking private equity" may have been the single greatest service he could perform for the Romney campaign. His immediate attempt to revise his remarks on behalf of President Obama, for whom he is supposed to act as a surrogate, only highlighted his earlier insistence that the harsh campaign criticism of Bain Capital, which he specifically defended, is "nauseating."
The Obama campaign's early attempts to attack Mitt Romney's record at Bain Capital or present him as too extreme to be president have not worked out all that well so far. The early stumbles have created a flurry of commentaries wondering what's wrong with the team that performed so flawlessly in Election 2008.
"Axelrod is endeavoring not to panic." So reads a sentence in John Heilemann's exhaustive article on Barack Obama's campaign in this week's New York magazine.
In the beginning, there was pump and dump. In the dot-com bubble of the late '90s, the stock-analyzing arms of investment banks would pump up a new stock's price with rave reviews.
It seems intuitive that a free market would lead to a "race to the bottom." In a global marketplace, profit-chasing employers will cut costs by paying workers less and less, and shipping jobs to China.
Alan Simpson let loose at a group of Californians who charged in a brochure that he and Erskine Bowles were "using the deficit to gut our Social Security." The former Republican senator from Wyoming sent the California Association of Retired Americans a characteristically colorful response, which I quote: "What a wretched group of seniors you must be to use the faces of the very people (the young) that we are trying to save, while the 'greedy geezers' like you use them as a tool and a front for your nefarious bunch of crap."
The ham-handed Barack Obama campaign attack ads on Mitt Romney's former firm Bain Capital have drawn a lot of ire from other Democrats.
For Mitt Romney, the president's greatest vulnerability seems to be that Barack Obama is no Bill Clinton -- and he is seeking to exploit that perception in his public speeches attacking the incumbent. On Tuesday, the presumptive GOP nominee drew the contrast for an audience in Iowa, harking back to a famous Clinton speech in 1996.
The entire debate is clouded by a refusal of political leaders to talk honestly about spending. The air is filled with talk of brutal spending cuts in financially troubled Europe, but Veronique de Rugy of the Mercatus Center, a pro-free market U.S. think tank, has shown that to be a lie.
Instinctively, we look for people's motives. We need to know whom we can trust and whom we can't. We're especially skeptical of business because we know business wants our money.
We recently saluted Leslie Sabo for giving his life to save fellow soldiers in Vietnam 40 years ago. Injured after shielding a comrade with his body, the Pennsylvanian grabbed his grenade and stormed the foe's bunker. He died in the explosion. For his selflessness, America awarded Sabo the Congressional Medal of Honor.
A surprising fact: Gamblers spent more last year at commercial casinos in Indiana than they did at non-Indian casinos in all but three other states -- not surprisingly, Nevada, New Jersey and Pennsylvania. The 11 casinos and two racinos (horse racing tracks with slots) are the Hoosier State's third-largest source of tax revenues.
In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.
We all think we know which states are the pivotal players in the Electoral College. The Crystal Ball's most recent look at the map showed that there are seven "Super Swing States:" Colorado, Florida, Iowa, Nevada, New Hampshire, Ohio and Virginia.
In the beginning, there was the Etch A Sketch.
For honoring his conscience on the issue of marriage equality, President Obama earned angry rebukes from all quarters on the right, including the Uncle Toms of the Log Cabin Republicans, who said he was "a day late and a dollar short"; teenage mom Bristol Palin, who mocked him for invoking his daughters in changing "thousands of years of thinking about marriage"; and 50-year-old virgin Ann Coulter, often engaged but never wed, who called his decision "a sign of desperation."
Mitt Romney has pulled a point or two ahead of President Obama in polls of likely voters. In polls of registered voters, Obama has the advantage. The president's job approval ratings are hovering in the upper 40 percent range, which suggests a close race.