ATLANTA – When it comes to picking a president, everyone wants to feel important. And the states of the “old South” are no different. For the most part, the South has been an afterthought in the presidential nominating process. Primaries in this region have either taken place after the nominee has pretty much been established, or as […] Continue reading →
Conn Carroll, Today, college football fans will enjoy the first round of the first playoff-like system for the sport. First, Florida State will play Oregon in the Rose Bowl at 5:00 PM, and then later at 8:30 PM, Alabama will play Ohio State in the Sugar Bowl. The winners of both games will then play […] Continue reading →
Back in 2007, Microsoft invested $240 million in Facebook for a 1.6 percent stake. It valued Facebook at $15 billion, and everybody laughed. Now, Facebook is worth over $200 billion, and that little investment turns out to be the best-performing equity investment Steve Ballmer ever made as CEO of Microsoft. Microsoft sold some of its […] Continue reading →
Michael Snyder | End Of The American Dream Under the Obama administration incompetence has risen to unprecedented levels. There has always been a substantial level of incompetence at federal agencies, but under the Obama administration incompetence has risen to unprecedented levels. This year the incompetence of the Secret Service, the Veterans Administration, the Department of […] Continue reading →
Last week, six regulatory agencies tasked by the Dodd-Frank Act with developing a prime mortgage bowed to political pressure from all the interests—the realtors, homebuilders, banks, community activists, and the Obama Administration—and adopted a rule that completely did away with any serious underwriting standards for mortgages. It’s almost unbelievable that, six years after the mortgage meltdown and the financial crisis, […] Continue reading →
Conn Carroll, At long last, this season will be the first college football season ever with a real playoff system. It is far from perfect, but here is how it will work. At the end of the regular season, and after the conference championship games, a 13-person committee will pick the nation’s top four college football teams. […] Continue reading →
Armstrong Economics Russia is starting to fight back with leaking the evidence that the USA has worked with terrorists and knew about 911 if not help the terrorists organize the attack. The Saudi’s have controlled the terrorists and threatened Russia that their Olympic Games would be safe only if they agreed to the Saudi terms. It was […] Continue reading →
Ecological economists such as Herman Daly write that the more full the world becomes, the higher are the social or external costs of production. Social or external costs are costs of production that are not captured in the price of the products. For example, dead zones in the Gulf of Mexico that result from chemicals […] Continue reading →
Obama’s campaign speeches always seem to include a line about how he can take credit for increasing domestic oil and gas production. As the official White House website has it, “domestic oil and gas production has increased every year President Obama has been in office.” On Wednesday, however, his administration put into effect yet another […] Continue reading →