Category Archives: Economy

Posted in • • •

The Next Victim of the Opioid Crisis – Home Depot

By comment

Theft has been a major issue involved in the ever-growing opioid crisis in America. People are legally prescribed opioid painkillers by their physicians, and find, very often, that they become addicted.

Well, they often can’t return to their doctor for another prescription, so are they forced to hit the streets in search of their next fix. However, the drugs aren’t free, and many who become dependent quickly realize they can’t afford to keep using. But the drug has taken hold and many cannot stop.

So they begin to sell their own possessions – until they run out. Then the now addicts turn to crime – to theft. And many times, the brick and mortar retail store pays the price of that theft.

from Zero Hedge:

“Happening Everywhere In Retail” – Home Depot Links Surge In Thefts To Opioid Crisis

The opioid crisis is evolving and is now becoming a burden on retailers, as addicts race to brick and mortar stores, hoping to steal merchandise, and if successful, sell it on the street or pawn it for cash to pay for their next fix.

An absolutely shocking account of this has come from Home Depot executives, who warn that the nation’s out of control opioid crisis has sparked a massive surge in thefts in stores across the country. read more

Posted in • • • • • • •

WND Exclusive – Take a toke, man – your town needs the tax money

By comment

from Brent Smith for World Net Daily:

There are some odd things going on in our country lately.

Yes, I know that’s a silly open-ended statement and could refer to just about anything these days. But I’m talking about the seeming disconnect between states and the federal government. Or more specifically, the disconnect between state and federal laws.

In this case, the disconnect between federal marijuana laws and that of the states.

Marijuana is considered an illegal substance by the feds, yet at least 11 states have legalized its purchase and consumption – either strictly medically and/or for recreational use.

The United States Constitution is unmistakably clear concerning the relationship of federal and state law.

Article VI, Section 2, states: read more

Posted in • • • • • • • • • •

Big Government Will Lower Our Drug Prices!!

By comment

Isn’t it funny (not funny ha ha) that our government is the only one who is never to blame for price increases or shortages of any kind. It’s always Big Oil, the military industrial complex, etc. Or in this case, evil Big Pharma. We can’t name one industry that doesn’t get blamed for these occurrences (except of course, Big Education), yet the government, with its penchant for artificially picking winners and losers, escapes all scrutiny. We’re about to see it happen again. And when it has the opposite effect, we’ll all be instructed to once again blame “Big Pharma.”

from Human Events:

“Cold” Medicine: Canadian Drug Imports Will Cost Americans

The solution to drug prices is ending freeriding, not buying Canadian

In the hopes of lowering the cost of prescription drugs for Americans, the Trump Administration announced plans in late July to draft a proposal for the importation and sale of prescription drugs from Canada. The announcement was overshadowed by House Speaker Nancy Pelosi’s drug pricing bill and the bipartisan package before the Senate in September—but is a cause for concern, nonetheless. A dozen states, Congress—even the Trump Administration, despite initial opposition—are now considering such legislation.

If “buy-Canadian” doesn’t sound like a policy consistent with Trump’s platform of putting Americans first, that’s because it isn’t. Importing drugs from Canada is an ineffectual and counterproductive policy. President Trump had it right the first time. The prohibitive drug prices that Americans deal with are not solely caused by pharmaceutical companies; they are primarily the product of a failure of government policy.

Instead of artificial fixes, the Trump Administration should directly address the global freeloading and regulatory glut that’s costing Americans—both in dollars and lives. read more

Posted in • • • •

Women Should Prefer Capitalism to Socialism

By comment

Socialism is great, we are told – democratic socialism, that is. Like there’s a difference. And the youth of America has really taken a shine to it.

On the flip side – we always hear that greedy capitalism hurts not only the poor, but the young. And it is said that capitalism hurts women and minorities most.

But does it really. Is socialism really the answer to the problems of opportunity and equality, especially for women?

Carrie Lukas, President of Independent Women’s Forum says clearly no. In the following Prager University video, Carrie proves that socialism does the opposite of what it claims. read more

Posted in • • • • • •

Time Yet for the Flat Tax?

By comment

Taxes have become a big issue again in this election season. Every democrat on the ballet has a least one or two wacky schemes they claim are free. Free college, free healthcare, etc. But when pressed, they have to admit that taxes will be drastically raised to pay for for these plans.

And the reason they can get away with it is our progressive tax system.

I’ve been a proponent of the Steve Forbes Flat tax plan for decades. I even supported him in 1996 when he ran for president. One of my sons and I even met him on the campaign trail and had an hour-long conversation with him. very smart man.

It was then that I first heard of his flat tax idea, as he explained it to me in detail.

Well., he’s still pushing it and like then, it’s still a great idea.

Prager University thought so, as they asked Mr. Forbes to expound upon it for one of their famous short videos: read more

Posted in • • • • • •

WND Exclusive – The Warren Wealth Tax is Nothing New

By comment

from Brent Smith for World Net Daily:

Those who back the notion that Elizabeth Warren’s wealth tax is a great idea have given it little to no thought.

The Warren wealth tax is tailor-made to cater to the angry “income inequality” crowd on the left, because when people think of a wealth tax they think of a tax only on the wealthy – a “soak the rich” tax.

Warren’s wealth tax can also be thought of as a veiled property tax. read more

Posted in • • • •

What to do About the National Debt

By comment

Brian Riedl for Prager University discusses the national debt – the fact that every year, like clockwork, it continues to grow.

No matter who is in the White House or who controls Congress and the Senate doesn’t seem to matter at all. Deficit spending continues to grow and the national debt continues to balloon.

And no one seems to care. read more

Posted in • • • • • •

WND Exclusive – The Myth of Poverty in America

By comment

from Brent Smith for World Net Daily:

Bernie Sanders says, “If I’m not mistaken, China has made more progress in addressing extreme poverty than any other country in the history of civilization. They’ve done a lot of things for their people.”

Yes they have, unless you are one of “their people” who just happens to be part of the Chinese Muslim community, for example, or not part of the Maoist cultural revolution, which killed an estimated 20-45 million.

But what should we expect from Bernie the Red? This is the same guy who trumpeted the Cuban Communist health-care system. read more

Posted in • • • • • •

So Labor Day is Not a Full-Blown Communist Holiday

By comment1 Comment

From: National Review

Red Monday

There isn’t much good to say about Labor Day, except maybe that it could be worse — it could be on May 1, which would make it a full-on Communist holiday instead of a merely crypto-Communist one. For that we can thank Grover Cleveland, the last pretty-good Democrat (seriously: gold standard, anti-tariff, vetoed twice as many bills as all of his predecessors combined — Rand Paul is a fan), who pushed for the creation of a labor festival in September as cultural competition to the international workers’ celebration in May, sort of the reverse of the strategy of the early Church fathers’ choosing the dates of heathen festivals for the new Christian holidays.

So, from the two out of three working-age Americans who are gainfully employed, a round of applause for President Cleveland. But crypto-Communist holidays are not so great, either.

Labor Day, like Obamacare and much else that is distasteful about American public life today, is a product of American liberals’ desire to be Canadians. The ’Nucks started celebrating labor on the first Monday in September in the 1880s; this holiday grew out of a parade celebrating a typographical workers’ strike in 1872. Soon, U.S. labor bosses, especially the Marxist Central Labor Union, wanted a holiday of their own. read more

Posted in • • • • • • •

WND Exclusive – Socialists Don’t Understand Cost of Labor

By comment

from Brent Smith for World Net Daily:

How dare the government – any government – set a minimum wage that a business must pay its employees? It’s the pinnacle of arrogance and exactly the strong arm tactics the founders warned us of – a runaway, all-powerful government.

The “Fight for $15” has been circulating for a few years. It seemed to have reached a peak in interest maybe about a year or two ago, but coverage and enthusiasm had fallen off.

Well, evidently, the “Fight for $15” is picking up steam again as the Democrat-controlled House of Representatives passed the Raise the Wage Act, which would make $15 an hour a reality for nearly all American workers by 2025, more than doubling the current national minimum wage of $7.25 an hour. read more