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December 6, 2006
One of the priorities of the new Congress, and something approved of by most of the media, is to expand federal grants and loans to college students. While this may sound like a good way to increase access to higher education, it is another…
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November 21, 2006
Thanksgiving in America is a time of traditions – turkey and dressing, gathering around the table, watching football and seeing schoolchildren dressed up as Pilgrims and Indians, reenacting the first Thanksgiving. One of the most fascinating…
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October 18, 2006
When we were kids, network anchors like Walter Cronkite read us news each night like parents telling stories. But as we’ve grown older, the nightly news stories have transformed into grim fairy tales about some terrifying threat to you and me…
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November 7, 2007
The media have been concerned about the falling value of the dollar and what may be causing it. One example that hits close to home here in Michigan is that the U.S. dollar is now worth less than the Canadian dollar. This is akin to the Detroit…
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October 10, 2007
Consider Michigan.
Michigan has been mired for several years in an economic slump. Its unemployment rate is the highest in the nation, 60 percent above the national average. Forbes magazine has ranked Michigan 46th in the Best States…
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September 5, 2007
The difficulties in the subprime lending market are beginning to generate a chorus for a bailout of the mortgage industry. The media emphasize stories of people losing their homes to foreclosure and potential panic as adjustable-rate mortgages…
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May 2, 2007
The stock market is reflecting the strength of the American economy. The Dow broke 13,000 on April 25 for good reason.
Corporate earnings are strong, the economy is growing, tax revenues are up and the federal budget deficit is shrinking…
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April 11, 2007
If you’re getting a tax refund this year, you’re probably excited. How will you use the money? Save it for a rainy-day pizza party? Upgrade your basic cable TV? If you didn’t get a refund, you’ll especially want to read on.
Funny how big…
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March 7, 2007
Recent data on the number of people receiving assistance from the federal government has created some stir and discussion as to whether welfare reform in the U.S. has been successful. Federal Reserve Chairman Ben Bernanke has warned that a…
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February 21, 2007
I’m an American, and I believe passionately in freedom. I believe in the individual pursuit of happiness. So it troubles me when my president wants to take that away and starts sounding like a socialist.
In a socialist society, no one…