Right Side News
The success or failure of a business enterprise should be determined by market forces. If a company successfully markets a better product or services to its customers, it will succeed. While some investors put up money to bet on the success of a company, hedge fund investors pick the likely losers and invest in what […]
The legislative process has a way of changing legislation, and when politicians are done working on the drafts of bills, they can be quite different than how they started. This is the case with the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) that Congress recently passed to address the crisis. The requirement of […]
NumbersUSA The House Appropriations Committee adopted an amendment that would extend the H-2B visa increase that was passed in last year’s omnibus bill. The extension would be for one year and could quadruple the number of foreign, H-2B visa workers. The H-2B visa is a non-agricultural guest-worker program for low-skilled foreign workers for temporary or […]
Matthew Vadum | Front Page Magazine And with Donald Trump’s renewed focus, is the comeuppance of economically illiterate “Crooked Hillary” at hand? Editor’s note: Credit goes to Dr. Bob Shillman for the title of this article. Hillary Clinton’s bizarre claim that billionaire businessman Donald Trump will cause a recession if elected to the presidency was […]
After a long debate over whether or not remedy the debt crisis in Puerto Rico with bankruptcy, the pro-reform side appeared to have won. While the Obama White House has pushed strongly for bankruptcy, Congressional leaders instead pushed as equally strong for key reforms in the government and economic sectors in the Commonwealth. The result […]
The House Oversight Committee has referrred the Cover Oregon scandal for Criminal Investigation[/caption] The Cover Oregon failed after the state spent $305 in federal taxpayer money on the Obamacare state exchange. After a year-long investigation of the matter in Congress, a key House committee has released its report, and recommended criminal investigation. The House Oversight […]
John Culberson can remove internet gambling ban from Appropriations Bill[/caption] There are some honest politicians who stand up for us. One of them is Rep. John Culberson (R-TX), who is a consistent supporter of federalism and the Tenth Amendment. Culberson, who has a strong record of consistently supporting limited government and freedom, is in a […]
PROMESA provides for reforms for Puerto Rico Debt Crisis[/caption] The U.S. territory of Puerto Rico finds itself facing more than $118 billion in debt from bonds and unfunded pension liabilities. The government has been unable to manage this debt and has already begun defaulting on its repayment. As a result, Congress has debated how it […]
ASCAP seeks permission to engage in anticompetitive practices[/caption] For the last several years, the music industry has been pushing back strongly against the consent decree from the 1940s, that protects consumers of music licensing against the near-monopoly market power held by groups that represent music publishers. Those groups, the largest of which are the American […]
Rep. Smith proposes TRICARE reimburse UVP for childhood vaccines[/caption] Participating in a cost cutting programs on providing vaccines to primarily children, 11 states participate in a Universal Vaccine Program (UVP) that purchases at discount rates vaccines via Centers for Disease Control (CDC) contracts with drug manufacturers. Finding that participating in this program is more cost-effective, […]
Executive Order by Franklin Delano Roosevelt[/caption] Making and Destroying Money by Charles G. Mills GLEN COVE, NY — The nations of the world in general, and America in particular, have destroyed real money by making so much of it that it has no permanent value. When the United States adopted its Constitution, the new country’s […]
Environmental group 350.org opposes fossil fuels and profits from investments in them[/caption] The case for replacing the use of fossil fuels for our energy needs entirely with renewable energy sources may sound convincing for many. This is the activist campaign presented by the non-governmental environmentalist group 350.org. But a closer look at the group reveals […]