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Category: Economics

  • The Tax Plan that’s Better than Cain’s, Perry’s or Gingrich’s

    By Selwyn Duke Bold tax reform is front and center this campaign season.  First Herman Cain made waves and poll headway with his 9-9-9 tax plan, which involves national 9-percent taxes on personal and corporate income and a 9-percent national sales tax.  Now Rick Perry has followed suit with a 20-percent flat-tax plan, and Newt…

  • Forget the Wall Street Protesters: Why We Should Hate “Capitalism”

    By Selwyn Duke Okay, you can lift your lower jaw off the floor. I haven’t joined the dark side: My problem isn’t economic but lexical. I do hate capitalism — the term. As you know, in the eyes of many, “capitalism” has become both a four-letter word and the target of such. For example, New…

  • Tax the Rich? Answering Elizabeth Warren

    By Selwyn Duke Former TARP chairman and Senate hopeful from Massachusetts Elizabeth Warren gave a shot in the arm to “progressives” everywhere this past Wednesday, with a rousing (or is it rabble-rousing?) extemporaneous speech on the virtues of taxing the rich. Her commentary quickly made the rounds on the Web and radio talk shows —…

  • The Case for Ending the EPA

    By Selwyn Duke In the Republican presidential debate last evening, some of the candidates passionately stated that the Environmental Protection Agency should be eliminated. It’s a position that sounds strange to some ears. As a respondent in a Fox News focus group said after the debate, and this is a paraphrase, “This all sounds good…

  • Only National Collapse Will End America’s Spending Problem

    By Selwyn Duke While many are complaining about the recent debt-ceiling deal, is it really the issue? Sure, statists say that the Republicans steered us toward crisis with their initial unwillingness to compromise, while traditionalists complain that the GOP folded and “let us down again.” Our problems, however, lie not in our politicians but in…

  • “Why Has ‘Capitalism’ Failed?”

    By Selwyn Duke While discussing socialism on a talk show recently, I was confronted with the question: If “capitalism” is so great, why has it failed? Of course, ever since our financial crisis hit, this query has become all too common. Now, after informing the host that I avoid the word “capitalism” — as it…

  • Here Comes Peter Cottontail Hopping Down the Statist Trail: Feds Fine Missouri Farmer $90,000

      By Selwyn Duke The definition of “totalitarian” is: “of or pertaining to a centralized government that does not tolerate parties of differing opinion and that exercises dictatorial control over many aspects of life. [Emphasis added.]” And while we’re not quite there yet — we still do hear other (mostly stupid) opinions — read the following…

  • Barack Obama’s Seven-dollar-a-gallon Gas Ambitions

    By Selwyn Duke “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,” said Steven Chu — the man Barack Obama would ultimately tap to be energy secretary — in September 2008. He was explaining to The Wall Street Journal that higher energy prices are the centerpiece of…

  • Barack Obama’s Paycheck Unfairness Act

    By Selwyn Duke If you’re a stay-at-home mom, I don’t think you’ll like a policy that makes it harder for your husband to support your family. Yet Barack Obama is advocating just such a policy — it’s called the “Paycheck Fairness Act” (PFA). While pushing the legislation in a radio address this past Saturday, Obama…

  • Review of “Trickle Up Poverty”

    By Selwyn Duke As I was listening to Michael Savage’s radio show no more than a year ago, I heard something that might have caused his faithful listeners to scurry for the anti-depressants. (That is, if the host weren’t so steadfast in counseling against their use.) Dejected over his unfair inclusion on a list of…