Category: Economics

  • By Selwyn Duke When a big lie is repeated often enough and becomes “truth,” there can be serious consequences. For reality is like a jigsaw puzzle: If too many pieces (little pictures) are wrong, you’ll never be able to assemble them and see the big picture. The result is dislocation from reality. What follows are…

  • By Selwyn Duke They say "Jolly is the fat man," but perhaps not when he's being chased (and, I'm sure, caught) like a Frankenstein monster by the Body Cult crazies.  And that is the case today, as it has become fashionable to affront the friendly-fronted. It seems most anything goes now: bloated houses, bloated egos,…

  • By Selwyn Duke There has been much talk about how Arab Spring “democracy” will allow the rise of Islamist parties and thus devolve into tyranny. What is seldom discussed, however, is how the vaunted Western republics that lecture the world on the finer points of freedom are heading toward the same fate. While there are…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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 —…