The attention surrounding the Fiscal Cliff has escalated it from an issue of domestic panic to international concern. While the direct impact of the event involves strictly domestic policies, the resulting uncertain economic forecast stateside has created detrimental consequences for European markets that are reliant on the United States for trade. The suggested calamity results … Continue reading
Why are fast food chains so prominent in the United States? One answer is that Americans love to buy a well-marketed product. Heck, we love to buy any product. Fast Food also supports convenience and efficiency that we anxious and busy Americans so dearly appreciate. Lastly, America houses an “on-the-go” culture in which the drive-through … Continue reading
Recent events in Egypt are reawakening the discontent that ended in the ousting of President Hosni Mubarak. Last Thursday, November 22, newly elected President Mohamed Morsi declared that Egypt’s courts cannot overturn decisions he’s made since entering office in June or over the next six months, nor can they alter the makeup or work of … Continue reading
The impending American debt crisis has almost nothing to do with taxes. If the Democrats get their way on the expiration of the high-end Bush tax cuts, roughly $65 Billion in revenue would be raised (assuming that this tax increase would have zero negative effect on economic growth – a disputable point, to be sure). … Continue reading
According to a recent Gallup poll, Americans have started to remember what our country was founded on. The United States of America was created to be a place of freedom and liberty, separate from tyranny and oppressive monarchs. It was built on the expectation of limited government, and the opportunity for individuals to build the … Continue reading
The other day, I encountered this tweet by a Swedish pop band: If you would need to go to the doctor in sweden, remember to exagerate your condition x 10, otherwise they wont help u. — Lo-Fi-Fnk (@LOFIFNKOFFICIAL) November 13, 2012 I was then led to reflect on the attitude many Americans take when comparing … Continue reading
In the first part of this series on the history of the national debt, we looked at what factors caused the national debt to grow or shrink in the short-term. This week, we will take a step back and focus on how successive presidential administrations have affected the national debt over time. As we discovered … Continue reading
What ever happened to bowing out gracefully? The night of the election, Mitt Romney looked the most presidential I had ever seen him, delivering a gracious concession speech and leaving the stage for the final time with his pride and honor still in tact. The President even proposed a meeting so that he and Romney … Continue reading
Today former CIA Director David Petraeus told lawmakers that the CIA believed the assault on the U.S. Consulate in Libya was in fact a terrorist attack from the very beginning. This directly contradicts statements made by our ambassador to the United Nations, Dr. Susan Rice, just five days following the attack on ABC’s This Week, … Continue reading
In 1952, Justice Robert H. Jackson, in his opinion on Youngstown Sheet & Tube Co. v Sawyer, also known as the Steel Seizure Case, stated, “When the president acts pursuant to an express or an implied authorization of Congress, his authority is at its maximum, for it includes all that he possesses in his own … Continue reading
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