8/19/2010 – Chris Banescu –

America’s economic situation needs an emergency heart transplant, but Obama and the Democrats keep offering band-aids instead. We need a major change in government economic, tax, and fiscal policies not more government bailouts. Yet the president is doing nothing to reverse the enormous uncertainty fostered by his own administration’s aggressive anti-business and pro high-tax initiatives and rhetoric.

In the latest indication that our president has no clue why businesses are struggling and unwilling to hire, Obama is trying to force through another $30 billion government bailout program to “help banks boost lending to small businesses.” Unfortunately, it’s not the lack of available funds that are stopping businesses from expanding and generating new jobs. It’s the massive economic uncertainty and instability created by misguided government mandates (especially the oppressive regulations of ObamaCare), coupled with the massive tax increases coming in January 2011, that have spooked companies and forced them into defensive economic positions. more »

Steve Wynn

6/25/2010 – Chris Banescu –

Steve Wynn, the American entrepreneur and casino resort/real-estate developer, was recently interviewed by CNBC for the opening of his new Encore Beach Club in Las Vegas. During the questions and answers session with the correspondent, the billionaire business owner addressed some of the most serious problems American companies face and the incompetent manner in which politicians in Washington, DC are handling the economic situation and the unpredictable manner in which they continue to aggressively punish US businesses.

In the interview Wynn talks about the lack of common sense that has disappeared in Washington and the completely out-of-control spending that is fueling the massive national debt:

“It’s common sense that’s disappeared in Washington DC. It’s common sense that’s disappeared in the years of 7 and 8 in America. We’re inheriting the awful results, both in our government … of wild, uncontrolled spending, unbelievable, unsustainable debt.

And yet, here we are, doing it again, $20 billion a month to the FHA. On top of what happens to Fannie Mae and Freddie Mac. We’re doing it again today for $20 billion a month! We’re destroying the housing market, again; under the name of a stimulus, phony misrepresented names.”

more »

5/12/2010 – Walter E. Williams -
Listening to America’s liberals, who now prefer to call themselves progressives, one would think that free markets benefit the rich and harm the poor, but little can be further from the truth. First, let’s first say what free markets are. Free markets, or laissez-faire capitalism, refer to an economic system where there is no government interference except to outlaw and prosecute fraud and coercion. It ought to be apparent that our economy cannot be described as free market because there is extensive government interference. We have what might be called a mixed economy, one with both free market and socialistic attributes. If one is poor or of modest means, where does he fare better: in the freer and more open sector of our economy or in the controlled and highly regulated sector? Let’s look at it. more »

American Thinker | by Jim Gammon | 3/3/2010

We hear people speak of “business” and “capitalism” as being somehow evil, including comments about capitalists victimizing employees and customers in pursuit of the goal of “maximizing profits”.

In conversations with supposedly educated people who lean to the left, the concept is an accepted axiom, that maximizing profits – at the expense of everything good in the world – is the one and only purpose of business. It is the socialist rallying cry these days. more »

WorldNetDaily | by Walter E. Williams | 3/3/2010

Bill Gates is the world’s richest person, but what kind of power does he have over you? Can he force your kid to go to a school you do not want him to attend? Can he deny you the right to braid hair in your home for a living? It turns out that a local politician, who might deny us the right to earn a living and dictates which school our kid attends, has far greater power over our lives than any rich person.

Rich people can gain power over us, but to do so, they must get permission from our elected representatives at the federal, state or local levels. For example, I might wish to purchase sugar from a Caribbean producer, but America’s sugar lobby pays congressmen hundreds of thousands of dollars in campaign contributions to impose sugar import tariffs and quotas, forcing me and every other American to purchase their more expensive sugar. more »

Pajamas Media | by Victor Davis Hanson | Feb. 17, 2010

Imagine a politician announcing: we are going to raise the Social Security age to 66. We are going to freeze and cut spending until we balance the budget within three years, and then with surpluses pay down the debt within 6 years. We are going to build 100 new nuclear power plants and open up the country and its shores to oil and gas production. We are going to cut back all federal entitlements and subsidies by 20% immediately. We are going to ensure enough water for agriculture. We are … more »

American Thinker | by Bruce Walker | Feb. 5, 2010

Doug Flutie, one of the most inspirational players in college football history, and Curt Schilling, a great Red Sox pitcher who won a World Series for his team, both supported Scott Brown for the Senate. There is no reason to doubt that these popular, respected men helped bring attention and support to the Brown campaign.

Tim Tebow is appearing in an ad during the Super Bowl which has a profoundly life-affirming statement — the sort of personal arguments against abortion which it is impossible to contradict. Other college football superstars have made the same sort of appeal. Colt McCoy and Sam Bradford, superstar quarterbacks during the week before the huge O.U.-Texas game, co-produced a video titled “I am second,” which makes it clear to all their fans that God, and not sports, is the center of their lives. Kurt Warner, whose inspirational life as a pro quarterback is the stuff of legends, would give all his laurels without a second thought to the God who made his wonderful life possible. more »