by Jane Richey | May 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
From the Derrick: Oil City school lunches are due for a big makeover, thanks to a new federal bill aimed at reducing childhood obesity. And while the goal is lofty, the cost is also high. “The new initiative will costs us $57,000 more a year to feed our kids,” said...
by Jane Richey | Apr 30, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The human capacity for self-delusion truly is remarkable. Most people out there end up believing exactly what they want to believe even when the truth is staring them right in the face. Take the U.S. economy for example. Barack Obama wants to believe that his...
by Jane Richey | Apr 30, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
According to the Wall Street Journal, Apple (neé Apple Computer) “is the most valuable company” in the world. On the heels of its quarterly report last week, stock in Apple reached nearly $620 per share before settling back to end the week at $602. The WSJ...
by Jane Richey | Apr 30, 2012 | Constitutionally Limited Goverment, Politics
A federal government that is $15.6 trillion in debt is currently using its “bully pulpit” to run 16 different programs to teach citizens “financial literacy,” according to the Government Accountability Office, the accounting agency of the U.S. Congress. Previously,...
by Jane Richey | Apr 30, 2012 | Constitutionally Limited Goverment
With trivial exceptions, Washington does not run schools, employ teachers, buy textbooks, write curriculum, hand out diplomas, or decide who gets promoted to 5th grade. Historically, it has contributed less than 10 percent of national K-12 spending. So its influence...
by Jane Richey | Apr 28, 2012 | Constitutionally Limited Goverment, Free Markets
The House on Friday approved a controversial bill that extends low interest rates on subsidized student loans for another year, but pays for that extension by killing a piece of the 2010 healthcare law, which prompted a veto threat from President Obama Friday morning....