The national debt is at an all-time high of around $16 trillion. That’s scary enough. But it turns out that number is just piercing the surface. If you include all the unfunded federal obligations to Social Security and Medicare it would add up to near $116 trillion!
1. Liquidate Unused Property The Federal Government owns more than 77,000 buildings which are currently not being used. Some of them have even been condemned. These properties should be sold at auction or simply bulldozed if they are unsuitable for sale. Basic upkeep on these buildings is costing US taxpayers. Annual Savings to the US…
Election season is approaching and as it nears you will hear more talk of campaign finance and the need to reform it. Here are 10 facts that cut through the rhetoric. Photo by Vince Alongi 1. Free Speech and Campaigning If political speech and the printing press are protected under the First Amendment, by extension…
More Government isn’t the Answer It’s easy to become disheartened when one realizes how many Americans don’t have homes or enough to eat. Despite plenty of charities and government programs being aimed at the problem, it continues. Poverty withstands our best efforts to address it. What if we are focusing too much on the symptom…
When the use of steroids and performance enhancing supplements became widespread in Major League Baseball, fans were in outraged. If some players had an unfair advantage over others, it sullied the entire sport. Americans who followed baseball felt cheated and duped. Congress even got involved, citing The Federally Controlled Substances Act and anti-trust exemptions held…
When government assumes the role of certifying or approving products it limits consumer protection and increases the probability of corruption. The Federal Food and Drug Administration, for example, is charged with the protection of consumers, and all food and drug products require their stamp of approval before hitting shelves. But is this the best way…
Photo by mbs120898 10. Thomas Jefferson President Jefferson was publicly accused of fathering the children of his slave Sally Hemings, by journalist James Callender (who had also publicized Alexander Hamilton’s affair) in the Jefferson–Hemings controversy. Hemings was the half-sister of Jefferson’s wife Martha, and based partly upon DNA evidence, there is now a scholarly consensus…