By Bill Wilson — Once again, the Obama Administration is proposing to borrow another $1.3 trillion to pay for unsustainable increases in government spending, which under the budget will not be cut on a net basis any year over the next decade. There are no real reforms proposed to prevent entitlement programs from dragging the Treasury into the Abyss of [...]

By Rick Manning — Dec. 28, 1976, graveyard shift, 7-11 store on La Sierra Boulevard in Riverside, California. That’s when I had a rifle stuck in my face by four thugs who wanted the $40 in the register.  They took me to the back of the store where the cigarettes were stored, directed me to lie face down on the [...]

By Rebekah Rast — The United States Post Office lost $8.5 billion last year.  If that were any private business, well, it wouldn’t exist any longer. But not the post office. Despite a 20 percent decrease in mail volume from 2006 to 2010, and package-delivery competition from UPS and FedEx, somehow the post office stays afloat.   But if it weren’t [...]

By Robert Romano — Ever since the U.S. gold standard was weakened in 1913 with the creation of the Federal Reserve system, then again during the Great Depression, when the domestic supply of gold was confiscated in 1933, and finally eliminated all together by Richard Nixon in 1971, when international convertibility was suspended, debate has raged over whether we are [...]

By Robert Romano — Normally, when the Senate passes a piece of legislation, and then the House passes something slightly different, it’s called the legislative process. Now, it’s a crisis. “Shutdown Fears Rise as House Passes CR That Cannot Pass Senate,” blares one headline. “Shutdown specter rises once more,” warned another. Still another read, “Shutdown Looms as GOP Bends to [...]

By Rebecca DiFede — In a shameless stunt to secure reelection, the Obama Administration is considering granting refinance loans to borrowers who owe more on their mortgages than their houses are worth, allowing them to qualify for today’s lower interest rates. This is thought to be a potential “stimulus” for the economy because it might help those people struggling to [...]

By Howard Rich – In addition to preserving the inalienability of our individual liberties, limited government ideology has always revolved around the belief that the invisible hand of the free market creates more prosperity for more people than command-and-control economic wealth redistribution. Actually this isn’t so much a belief (or theory) as it is an incontrovertible economic law. Unfortunately, this [...]

By Bill Wilson - Today, the House of Representatives is voting on the “Cut, Cap, and Balance Act,” legislation that would cut $111 billion out of the budget immediately, cap spending to a percent of the Gross Domestic Product, and send a Balanced Budget Amendment to the states in return for increasing the $14.294 trillion debt ceiling. The “Cut” part of [...]

NRD Editor’s Note: After submission of this Op-Ed to the Washington Examiner, further details of the Cut, Cap and Balance legislation that will come to the floor were made available. The immediate cuts are approximately $111 billion for fiscal year 2012, and not hundreds of billions as stated int he below Op-Ed. By Bill Wilson - Standard & Poor’s issued a [...]

By Rebekah Rast – There is now no refuting that President Obama’s “stimulus” act was a failure. On July 1, the president’s Council of Economic Advisers released The Economic Impact of the American Recovery and Reinvestment Act of 2009, Seventh Quarterly Report.  The report made clear that the only real growth and impact of the president’s stimulus package was on [...]