Will New York Politicians Tax Wall Street Out of Existence? By Stephen Moore
Let's face it. Anyone who works in, or just visits, the Wall Street area of Manhattan can't deny the aura of power and money isn't what it was 20, 30 or 50 years ago.
Let's face it. Anyone who works in, or just visits, the Wall Street area of Manhattan can't deny the aura of power and money isn't what it was 20, 30 or 50 years ago.
In the last several months, I have debated some of the intellectual leaders of a group called the "national conservatives."
One of the most enduring lessons of American history is that the banning of liquor sales and consumption ("the noble experiment") was a colossal failure. Drinking didn't go down much, but the profits ended up going not to legitimate businesses but bootleggers and the mob, while the murder rate soared to all-time highs in American history. It was the policy that made America's most famous gangster, Al Capone, famous -- and rich.
One of the textbook marketing flops of all time was the Ford Edsel sedan, which was heralded as the hot new car in the late 1950s.
All the automotive experts and Ford executives said it was a can't-miss. Henry Ford (the car was named after his son) guaranteed hundreds of thousands of sales.
After spending $6 trillion on social welfare and a Green New Deal spending spree and running our national debt up to $33 trillion, President Joe Biden is asking to whip out the federal credit card yet again for $100 billion more in military assistance for Ukraine and Israel and "humanitarian" aid.
Perhaps what's most distressing about the latest collapse in high school test scores is that no one seems to be very distressed.
When I was growing up and attending Catholic schools, I was taught that the pope is infallible.
Why has Sen. Dick Durbin (D-Ill.) declared war on credit cards?
Americans are in love with paying with plastic.
House Republicans are in another titanic battle with President Joe Biden on how to balance the budget. Actually, it's a lopsided debate
You may have heard the Biden Justice Department is suing Google in federal court for being a "monopoly." That's a bizarre charge given that few, if any companies in all American history have lowered prices more than Google -- which provides access to information that used to take hours or days to find -- with merely a click of a button, and instantaneously. And it does it basically for free.
What's worse? When politicians shut down the government, or when they lock down businesses, stores, schools, churches and restaurants -- and nearly all private commerce in America?
In boasting about Bidenomics two weeks ago in Milwaukee, President Joe Biden declared that his policies are "restoring the American dream." Then he went into his creepy whispering mode and assured us "it's working."
COVID mania just won't go away. The deadly strains of the virus have been gone for two years now, and yet the recent outbreak of a mild flu-like variant is again stoking panic on the Left.
Natural gas is the world's wonder fuel: cheap, abundant, made in America, reliable AND clean burning.
The New York Fire Department recently reported that so far this year there have been 108 lithium-ion battery fires in New York City, which have injured 66 people and killed 13. According to FDNY Commissioner Laura Kavanagh, "There is not a small amount of fire, it (the vehicle) literally explodes." The resulting fire is "very difficult to extinguish and so it is particularly dangerous."
Banking is just about the most regulated industry in America.
What is it with the Left that they want to ban nearly everything that is fun or convenient? Gas stoves, dishwashers, plastic straws, gas cars, snowmobiles and diving boards. And now the health busybodies want to ban certain cigars.
Baby, it's hot outside.
Have you heard the outrageous story of what happened recently in Harrisburg, Pennsylvania's capital? Gov. Josh Shapiro (D-Pa.), elected in 2022, had campaigned on school choice for tens of thousands of children, mostly minorities, who are forced to attend failing public schools in places like Philadelphia.
White House press secretary Karine Jean-Pierre recently reiterated a point the Biden White House has been making for the past year: that inflation remains high not because of the Biden $6 trillion spending spree but because "high profit margins" captured during the COVID-19 pandemic drive up consumer prices.