Placing regulatory limits on oil trading is a terrible idea. This is the latest example of the government sticking its nose where it doesn’t belong. We ought to allow oil markets to trade unencumbered, without government meddling, or limits, or controls on both large and small investors. This creates the broadest possible base and the largest possible volume. This approach — unsurprisingly — creates an efficient market.    Read More

Are the stock market and economy taking turns for the worse? Do we really need a new stimulus plan from Washington?    Read More

With jobs falling and recession lingering, is now the time to cut taxes and stop the minimum wage hike scheduled for July 24th?   Read More

I’m all for Governor Sarah Palin’s move over the weekend. It’s time for her to get out of Alaska’s small town, ankle-biting politics. Now she can take her show on the road.    Read More

After nine months of explosive monetary and fiscal stimulus, you’d think economic recovery would be upon us. But the June jobs report tells a much different story.    Read More

The Business & Media Institute picked up my conversation with the WSJ’s Steve Moore last night about Jenny Sanford, South Carolina Gov. Mark Sanford’s wife, being a possible replacement for her husband in the governor’s mansion.    Read More

So Bernie Madoff was sentenced to 150 years in the slammer today. He also delivered one of his now-patented non-repentant repentance speeches in the courtroom. Oh, by the way, his wife Ruth also issued a statement, and she threw him under the bus.    Read More

The Federal Reserve’s policy statement yesterday elicited a strong King Dollar reaction with its mild dose of hawkishness, which I applaud. I’m reading the Fed positively here. There was no announcement of any new debt monetization via Treasury purchases, a slightly more positive economic view, and an end to deflation worries. This all to the good.    Read More

The worst thing I heard yesterday was the snare-and-delusion proposal announced by Vice President Biden. Apparently, Joe Biden wants to create a new government council to help laid-off autoworkers who are supposed to transition to solar, wind, and biotech industries. Huh? Are you kidding me?    Read More

Why do we need President Obama’s big-bang health-care reform at all? What’s the real agenda here? If it’s really to cover the truly uninsured, a much cheaper, targeted, small-ball approach would do the trick. But on the other hand, maybe the real goal is a larger, ultra-liberal plan aimed at a government takeover of the U.S. health system.   Read More