Subway Founder: ‘Wouldn’t Exist’ If Started Today Due to Regulations, Then Calls For Min. Wage Hike

"Deluca said the environment for entrepreneurs in the U.S. has 'continuously gotten worse because there are more and more regulations. It's tough for people to get into business, especially a small business.' The Subway founder pointed to a number of government regulations that are degrading the business environment for entrepreneurs. Examples include the Affordable Care Act, an increase in the minimum wages and the end of the payroll tax holiday. The Affordable Care Act is 'the biggest concern of our franchisees,' Deluca said. 'They don't know what to expect. It's causing a lot of concern, but that too will be passed on to the consumer.'" Continue reading

Continue ReadingSubway Founder: ‘Wouldn’t Exist’ If Started Today Due to Regulations, Then Calls For Min. Wage Hike

Bernanke says Fed stimulus benefits clear, budget cuts a risk

"Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's bond-buying stimulus before Congress on Tuesday, easing worries monetary policymakers might be getting cold feet. The Fed chairman also urged lawmakers to avoid sharp spending cuts, which he warned could [..] create a 'significant headwind' for the economic recovery. Bernanke said Fed policymakers are cognizant of potential risks from their extraordinary support for the economy, including the possibility the public loses confidence in the central bank's ability to unwind its stimulus smoothly or the potentially destabilizing effect of low rates on key markets." Continue reading

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US Congress: ‘Fight Terrorism, Arm The Terrorists!’

"What, one might ask, is a US House member, who strongly and passionately supports the State of Israel doing introducing legislation that would result in a gusher of arms flowing to 'the fastest-growing al Qaeda front in the world, attracting fighters from across the Islamic world.'? Does it make sense? What will Mr. Engel then propose when the bearded radicals finally overthrow the secular Assad and install Sharia rule in Syria? Does Mr. Engel support Sharia? Or will such a worse turn of events help ignite passions in the US for yet more military action in the Middle East?" Continue reading

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American Citizens Split On DOJ Memo Authorizing Government To Kill Them

"Following the release of a secret Department of Justice memo this week that outlines the administration’s legal justification for killing U.S. citizens, a new Pew Research Center poll has revealed that a majority of Americans are torn over whether they support the government’s right to kill them anywhere at any time without due process." Continue reading

Continue ReadingAmerican Citizens Split On DOJ Memo Authorizing Government To Kill Them

Jack Lew: The Rookie

"New York Democrat Chuck Schumer said the Treasury nominee has an 'uncanny ability to delve into a subject' and 'master it.' Americans can only hope, because you wouldn't know it based on the little that Mr. Lew claims to have known about what happened during his tenure at Citigroup from 2006-2008. He was a senior executive at the giant failing bank before and during the financial crisis, but he gave the impression he was there mostly to cash a paycheck. When Orrin Hatch ticked off the problems that afflicted the two Citi divisions that Mr. Lew oversaw as chief operating officer, the nominee seemed to know less about them than Mr. Hatch." Continue reading

Continue ReadingJack Lew: The Rookie

How Much TSA Abuse Is Enough?

"What on Earth does the TSA have to do to bump up against some serious resistance? If you feel like you've been sexually molested, you can go and cry on YouTube, like Miss USA did, but that's about as much sympathy as you're gonna get. You were molested for everyone's protection. And let's not forget the recent firing of 400 TSA agents for massive theft. If Americans are OK with a genital grab here and there, why not expand it to other places besides the airport? The longer that this goes on, the more emboldened the state will get, and that's exactly what they'll (slowly, of course) start to do." Continue reading

Continue ReadingHow Much TSA Abuse Is Enough?