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Category: Economics

  • Liberal Greed: Barack Obama and the Real One Percent

    By Selwyn Duke Forget Mitt Romney and Bain Capital. If you want to find the real greedy one percent, you need look no further than Barack Obama. According to tax returns released yesterday, Barack and Michelle Obama earned $1.2 million from 2000 through 2004 yet managed no more than $10,772 in charitable donations. This amounts…

  • Silly Things We Hear: “Communism Works on Paper”

    By Selwyn Duke While discussing on The View recently how North Korean heir Kim Jong Un enjoyed the luxury of being sent to a Swiss boarding school, Whoopi Goldberg said the following, “This is what happens with communism. It’s a great concept; on paper it makes perfect sense. But once you put a human being in…

  • Did Obama Give Anti-Free Market Speech in Osawatomie to Send Communist Message?

    By Selwyn Duke We’re told that Barack Obama chose the obscure locale of Osawatomie, Kansas, for his recent domestic policy speech because it was the site of a seminal Teddy Roosevelt speech 101 years ago. This may very well be true. Through the distinctively named city of 4,500, Obama could make a symbolic connection with…

  • College Mate: Obama Was an “Ardent” “Marxist-Leninist”

    By Selwyn Duke Barack Obama’s speech in Osawatomie, Kansas, has certainly made waves. Well-received by the mainstream media, The Baltimore Sun wrote that the President has finally found “his voice” while the ever-dour Bill Press said that Obama was “channeling Teddy Roosevelt.” Yet if talk-show host Rush Limbaugh is correct, the President was channeling someone…

  • 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…