‘Occupy Wall Street’ a Blight on Main Street

“Occupy Wall Street” protesters claim to be fighting for the disenfranchised members of Main Street America. But their protests are exacting a significant toll on businesses in the cities where they have set up camp. Oakland has been hit hardest. A week after “Occupy” protesters there rioted, vandalizing local businesses and clashing with police, city merchants say […]

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Report: Sarkozy calls Netanyahu ‘liar’; Obama Disses Israel

Microphones accidently left on after G20 meeting pick up private conversation between US, French presidents. Sarkozy admits he ‘can’t stand’ Israeli premier. Obama: You’re fed up with him? I have to deal with him every day! French President Nicolas Sarkozy reportedly told US President Barack Obama that he could not “stand” Prime Minister Benjamin Netanyahu […]

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Actual Unemployment Rate Is at ‘Great Depression Levels’

U.S. unemployment rates may officially be hovering around 9 percent but in reality, they’re up near the 20 percent levels around the time of the Great Depression, maybe even higher, economist and author Mark Skousen told Newsmax in an exclusive interview. Unemployment rates measure the number of people in the workforce looking for jobs. But […]

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Is China More Prosperous Than the U.S.?

The Legatum Institute has just released its 2011 Prosperity Index. The index has a number of strengths, topped by the versatility of its supporting Web site. But Legatum has trumpeted an inaccurate finding that China has eclipsed the U.S. on the narrow economic dimension of its measure of prosperity. This finding demonstrates the problems with […]

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Poverty Measure a Gimmick to Equalize Incomes

The Census Bureau’s new poverty measure is another tool in President Obama’s endless quest to “spread the wealth.” Although the media portray it as a more accurate measurement of poverty, in reality it deliberately severs all connection between “poverty” and actual deprivation. The new measure places income thresholds for poverty on a built-in escalator that […]

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Income Inequality vs. Wealth Inequality

Recently, the Congressionl Budget Office (CBO) released its latest statistics on income inequality. Economists, bloggers and others have been furiously debating their implications. Over at the American Enterprise Institute, Jim Pethokoukis has been bludgeoned by various left-wing bloggers for pointing out that the story of growth of income inequality is much more complicated than the […]

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Chart of the Week: U.S. Debt on Track to Fuel Economic Crisis Like Greece

Greece continues to dominate the headlines as the country faces an increasingly dire economic situation and now political uncertainty as well. Prime Minister George Papandreou plans to resign once an interim government is formed, but there’s no telling if the political leadership will be able to avoid expulsion from the euro zone. Greece’s troubles might […]

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Study: Homosexuality is a Reversible Disorder

NASHVILLE, Tenn. (BP) — A major seven-year study published in a mainstream journal is challenging the secular notion that gays and lesbians cannot change their sexual orientation. The longitudinal study followed 61 subjects for between six and seven years and found that 23 percent of them reported successful conversion to heterosexual orientation and function and […]

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