The Daily Reckoning PRESENTS: The U.S. economy is plagued by an array of growth inhibiting imbalances: the trade deficit, the federal budget deficit, household indebtedness, record-low national saving rates, asset price bubbles, and of course, record-high consumer spending. Addison Wiggin explains how ignoring these problems will ultimately lead to the demise of the U.S....
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The Daily Reckoning PRESENTS: A genuine hard landing for U.S. housing will send up dust all over the world. Most people can’t bear thinking about it…which is exactly why we like to write about it. Bill Bonner explores… by Bill Bonner We end this week in a state of low dudgeon. Everyone we ever...
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Evangelical Christians are “shocked, shocked, shocked” that Rosie O’Donnell honestly expressed her views on ABC’s The View. O’Donnell was quick to react when co-host Elisabeth Hasselbeck noted militant Islam provides a threat to free people. “Just a minute,” she interrupted. “Radical Christianity is just as threatening as radical Islam in a country like America...
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Potent Feminist Weapon In the Seinfeld episode called “The Couch,†there’s a famous scene in which Elaine and Jerry are sitting in Poppie’s restaurant, awaiting the duck Jerry ordered days in advance. Elaine expresses great anticipation about partaking of the vaunted fowl, while ever-cynical Jerry grumbles that he would be just as happy eating...
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Here we go again with another outburst from the Religion of Perpetual Outrage. Muslims worldwide are angry again, this time at (Can you guess who? Drum roll, please. . .) the pope! Muslims are angry over some remarks made by Pope Benedict XVI during a lecture at a German university. The Vatican later said that the...
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Here we go again with another outburst from the Religion of Perpetual Outrage. Muslims worldwide are angry again, this time at (Can you guess who? Drum roll, please. . .) the pope! Muslims are angry over some remarks made by Pope Benedict XVI during a lecture at a German university. The Vatican later said that the...
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Liberty enthusiasts really need to get on this for us all. Think about it for a minute, non-gun owners. Guns in America are a civil right. Stopping guns everywhere makes about as much moral sense as punishing the Los Angeles Times just because some people defame others, falsely advertise, commit mail fraud or lie...
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A cool little experiment determined, once and for all, that chimpanzees have culture. This had always been suspected, because different populations of chimps have different behaviors, but it’s never been totally certain whether it was due to environmental pressures or quirks of culture. Victoria Horner, a primate researchers at the University of St Andrews...
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This nation desperately needs some fresh conspiracy theories. The 9/11 “U.S. government did it” rants are getting old. It seems like forever since the Ft. Marcy Park “this was no suicide” proclamations by all sorts of anti-Clintonites. The tinfoil on the hats of the “we never landed on the moon” crowd is oxidizing. And what happened...
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“Progressives” HATE progress From my earliest curiosities concerning politics, I had an overriding concern that I believed everyone shared: What is the social, political, and economic system that is consistent with human flourishing, justice, and morality? After a long intellectual struggle, the answer has become quite focused: Society tends to thrive under freedom —...
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All that Canadian gun control shows its usefulness: “A cold-faced gunman dressed in a black trenchcoat opened fire in a Montreal college, leaving a trail of blood and injury and sending students fleeing for their lives. Montreal police chief Yvan Delorme said police had shot and killed the single gunman, and 20 people had...
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‘WTC cough’ nonsense A large study was widely reported as confirming that Ground Zero workers may have been poisoned by toxins. Some healthy scepticism is required — particularly considering the Greenie preconceptions of one of the authors The largest study yet of workers who participated in the rescue efforts and clean-up at the site...
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