SOMERSET, KY – A small town in Kentucky is experimenting with socialism by opening a public gas station that uses taxpayer funds to sell fuel at lower prices. The municipal-run filling station sells gas at $3.36 a gallon in order to try to drive down prices, but some are saying this is going to drive…
A new CNN poll shows that popularity of Russia was fairly popular in the United States until the recent airline disaster in Ukraine. Still, despite the plummeting of opinion, the former Soviet Union is still more popular than the United States Congress. From CNN: Most Americans say Russia is directly or indirectly responsible for the…
A first edition of Karl Marx’s anti-capitalist book “Das Kapital” sold for a whopping $40,000, a tidy sum for a book that demonizes free markets. The Communist intellectual’s book, funnily enough, also sold on a day when the Dow Jones reached an all time high of 17,068 points. One has to wonder what Marx might…
By Michael Bastasch Germany has been rapidly increasing its green energy production but hasn’t gotten the results it planned. The Switzerland-based FAA Financial Advisory AG looked at the consequences of Germany’s “Energiewende” and found that the $412 billion effort did “not provide net savings to consumers, but rather a net increase in costs to consumers and…
By Jonah Bennett The World Health Organization announced potential plans to institute a global tobacco tax, but economist Arthur Laffer’ expresses significant skepticism about the idea in a new study. According to the World Health Organization (WHO), “Raising taxes on tobacco in support of the reduction of tobacco consumption is a core element of the WHO Framework Convention…
Texas Governor Rick Perry reportedly plans to announce that he is preparing to deploy 1,000 National Guard troops to the Rio Grande Valley. The announcement came in the newspaper the Monitor and is in response to the escalating number of children flooding the southern border with Mexico. The article appears to suggest that the state is…
Pamela Doster is dead after drowning, allegedly due to her husband pushing her head under the water four times and running her over with a jetski, then leaving her naked on a sandbar. Michael Doster was reportedly performing oral sex on another man at a nude beach in Manatee County, Florida when his wife caught…
By Connor D. Wolf Published: July 18, 2014 Raising San Francisco’s minimum wage to $15 an hour would cause the loss of 15,270 jobs by 2019, according to a report by the Office of Economic Analysis. “The proposed legislation is estimated to reduce the city’s employment by approximately 15,270 private sector jobs by 2019, compared to REMI’s baseline…
Former Georgia Congressman Bob Barr says that if it came down to Rick Perry or Rand Paul for President in 2016 that he’s more of a Rand Paul kind of guy. The former federal prosecutor who led the impeachment of Bill Clinton appears on the Freedom Report podcast to discuss a host of issues that…
By Jonah Bennett A new survey by Greenberg Quinlan Rosner Research, released on the fourth anniversary of the Dodd-Frank banking regulations, shows that most Americans want a tougher crackdown on Wall Street. Following the call for stronger state action is the patent distrust of the financial industry by Americans. Approximately 64 percent of voters and 62 percent…