The young can’t fund the old. Our entitlement state no longer works. This is perhaps the West’s greatest challenge.

How much student debt do you think this guy carried?  Do you think he benefited from a generally rising stock market and economy since the Cold War? He looks pretty well fed and well dressed.

How much student debt do you think this guy carried? If he ever carried any it was unlikely the kind of sum kids are graduating with now. Do you think he benefited from a generally rising stock market and economy during the 50s, 60s, 70s, 80s, and 90s? He looks pretty well fed and well dressed. But “hands off” HIS Social Security. Your security is less important however.

When I was in college one of the first op-eds I ever wrote was on Social Security in the college newspaper. I argued that with the the baby boom generation getting ready to retire (this was the late 1990s) we college students (of a smaller generation) faced a real problem. There were going to be an awful lot of retirees out there counting on Social Security with fewer people actively contributing to the general economy. (And to Social Security.)

The argument I made was of course not solely my own. Many people had made the argument before me and many people have since. I said that we needed to radically reform Social Security and phase it out over a few years.

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Ben Swann: New Details Emerge on Operation Fast and Furious as Second Judge Orders Release of Documents

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You have to hand it to the administration. They have obfuscated and generally played the “time game” with all sorts of things quite effectively. This scandal. The Benghazi scandal. The IRS scandal. I’m probably missing a few.

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Progressive education reformer tries to do the right thing, is attacked by “progressive” teachers unions

Biggest bullies in California schools? The teacher's union.

Biggest bullies in California schools? The teacher’s union.

The idea that schools are supposed to serve students first and teachers second doesn’t seem like a radical idea. Let’s be frank, for pretty much everyone this is just assumed. But it is NOT assumed by the teacher’s unions, especially in California where they have a stranglehold on the system.

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Undercover tape emerges. Surprise! The Fed and Goldman Sachs work hand in glove.

One of the problems with the attached article is that it implies that the reason Goldman pulled the things it did and does is because the Federal Reserve, the regulator, wasn’t and isn’t strong enough to curtail Goldman’s power.

The Fed is plenty strong. Far too strong in fact. What the author doesn’t appear to get is that in this instance we don’t have a case of “regulatory capture” per se. The Fed doesn’t kowtow to Goldman Sachs. The Fed and Goldman, and JP Morgan etc., are partners and always have been.

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Public pensions face $2 trillion hole (Because they were negotiated in Never Never Land)

We demand taxpayers without pensions who are likely struggling to get buy pay for our lavish pensions which we knew were bs in the first place! Stupid taxpayers, paying for our jobs and all. We want to retire in Florida!

We demand taxpayers without pensions who are likely struggling to get by pay for our lavish pensions which we knew were bs in the first place! Stupid taxpayers, paying for our jobs and all. We want to retire in Florida!

That’s 2 trillion.

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Grover Norquist says that libertarianism is the future (And He’s Right)

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A lot of people don’t like Grover Norquist. Some progressives absolutely despise him. I like him and have since I was a kid.

He is a practical and adept political animal. But his drive comes from (it seems to me) core principals. Ideas are what move him forward, not an unbridled and unprincipled quest for power in and of itself.

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The “sneak it past the rubes” model of governance

Don't ever forget. There was massive opposition to Obamacare.

Don’t ever forget. There was massive opposition to Obamacare. (And as we’ve seen, these folks were right to have resisted.)

This is a partisan bit of analysis from The Weekly Standard, but I think it is fair. For how the GOP works against the interests of the people just see the post prior to this one.

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GOP Senator Tom Coburn: Congress (Including Boehner) Lied To America About Spending

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We are sorry to see Senator Coburn go. And for this site to say that about a politician is pretty rare. Coburn did what he could to bring attention to a bloated Washington DC.

Was he perfect? No. But he definitely was a friend of the taxpayer as is exhibited in the below report. He calls Boehner out by name and explains that the House Speaker lied to the American public about the amount of spending in the recent continuing resolution.

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