Negotiations over increasing the federal debt ceiling continue in Washington. As has occurred several times over the past twenty years, Republicans and Democrats are presently using increases in the debt ceiling as a bargaining chip in negotiating how federal tax...
In a stunning display of misplaced priorities, some Minnesota politicians appear to be more concerned about the jobs of drug-sniffing dogs than the lives of humans impacted by cannabis prohibition. As the push for cannabis legalization in Minnesota gains momentum, it...
Earlier this month, Larry Kudlow insisted that it is "it's incumbent on the U.S. government, no matter who's in power, to maintain the reserve currency status of the dollar." Kudlow laments that a toppling of the dollar from that perch "seems to be the direction we're...
When Congress discusses banning TikTok to keep our children safe from Chinese government spying, what do they really have in mind? And is it a pretext to bring back the military draft? The debate conjures up memories of when Congress adopted children’s interests in...
When Rudy Giuliani was pursuing his infamous Wall Street prosecutions in the 1980s, his aides admitted that they were indicting people on “novel legal theories” that had not been used before. A Giuliani lieutenant bragged to a group of law students that prosecutors in...
A bill introduced in the Florida House would ban the use of central bank digital currency (CBDC) in the state. Rep. Wyman Duggan (R) brought House Bill 7049 (H7049) to the House Commerce Committee on March 28, and the committee voted along party lines to officially...
"I didn't know a lot about the Guard problem until I got involved in this, and the folks from Bring Our Troops Home sent me this very, extremely informative booklet on defending the Guard. And it's now called the Defend the Guard bill." That’s how State Rep. John...
Here we go again. Every few years in Congress there is a purely political battle over the debt ceiling. We're supposed to be horrified and worried that the U.S. might default on some of its debt. Some commentators will insist the U.S. has never defaulted, and that...
Just as I predicted back in October, Congress pushed its discretionary spending deadline back by one week, from December 16 to December 23. This comes as no surprise as congressional leadership is once again trying to ram through a massive omnibus bill before the year...
In November, the Pentagon announced it had failed yet another audit. In spite of the fact that the Department of Defense has had years to get its act together, the Pentagon still doesn’t know how it spends or maintains its trillions of dollars’ worth of...
On July 4, President Biden declared, “Liberty is under assault…rights we assumed were protected are no longer.” Biden, however, was referring solely to a few Supreme Court decisions he deplored, not to the federal supremacy he championed for almost 50 years in the...
A bill prefiled in the Missouri House for the 2023 legislative session would require the governor to stop unconstitutional foreign combat deployments of the state’s National Guard troops. Passage into law would take a big step toward restoring the founders’ framework...
Last Friday the Wall Street gamblers made another run at “bad news is good news”, taking the averages up modestly after a frenetic chase around the barn and back. But at the end of the day, it’s high time to forget about the games played by Wall Street day-traders and...
Since the beginning of the Russian invasion of Ukraine, the Western sanctions program can best be compared to an interrogator who first amputates a victim’s arm and then, brandishing the severed appendage, threatens to begin slitting its wrist and tearing out...
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