Canada First Country to Leave Kyoto Protocol – Believes Global Warming Talks Were a Fraud

Canada has become the first country to exit the Kyoto Protocol designed to lower greenhouse gas emissions. Canadian environment Minister Peter Kent explained that Kyoto, far from contributing to a reduction in greenhouse gas and tackling global warming, was actually functioning as an impediment, saying: “We believe that a new agreement with legally binding commitments […]

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Obama Hails ‘New Iraq,’ But Ignores Persecution of Christians and Other Religious Minorities

(CNSNews.com) – President Barack Obama, with Iraqi Prime Minister Nouri al-Maliki standing at his side, hailed a “new Iraq” on Monday, but he failed to acknowledge persecution of religious minorities in the country that the United States helped to liberate. “People throughout the region will see a new Iraq that’s determining its own destiny — […]

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Another Free-Money Report

Because the concept of opportunity cost is fundamental to all of economics, it is covered in the first chapter of every principles-of-economics textbook. Opportunity cost tells us what we give up when make decisions on consumption and production. There are no free lunches. In spite of the universal agreement on the importance of opportunity cost, […]

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Fact-Checking President Obama on “Trickle-Down” Economics

In a recent speech in Kansas, President Obama launched a diatribe against “trickle-down” economic policies. Not only did President Obama mischaracterize conservative tax policy, but facts rebut his claim that these policies have been a failure. The President began by invoking his understanding of conservative economic philosophy: “If the winners do really well, then jobs […]

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