A letter from a Ramapo College alum

Dear Dr. Sabrin:

As an amateur economist and graduate of these hallowed halls at Ramapo, I ask you and wonder as I notice the Ramapo website as they’ve invited “economist” Paul Krugman to speak there.  I was hopeful that you would speak for all of those common sense people who understand that the free-market system does work and printing money into obscurity doesn’t create a well functioning economy unless Dr. Krugman really believes that Zimbabwe’s economic system is treating their people just peachy.
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Thursday, September 2nd, 2010 Uncategorized No Comments

Directions to Bergen City

My essay about creating Bergen City from the County’s 70 municipalities is available online at the Hall Institute.

Monday, August 30th, 2010 Uncategorized No Comments

Christie, Schundler, Obama and education

The federal government will finish this fiscal year, ending September 30th, with a $1.4 trillion deficit.  Instead of reining in federal spending to get its fiscal house in order, the Obama administration is desperately trying to “stimulate’ the economy with money it does not have, including sending more money to public school’s via a competition, “Race to the Top,” supposedly to enact “education reform.”

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Thursday, September 2nd, 2010 Federal Government, New Jersey No Comments

Obama’s prescription for disaster

Below are the prepared remarks I made at the New Jersey Doctors Tea Party meeting in Teaneck on Sunday (August 29, 2010).  The event was sponsored by the Association of American Physicians and Surgeons, the nation’s leading free market health care advocate.  Membership is open to physicians and the general public.  I urge you to join

Thank you Alieta for inviting me to speak today.  I missed the Doctors Tea Party event on August 7 in New Brunswick and am thrilled to be here today.   Please take notes the material presented today, it will be on the midterm.   Everything you hear today will be meaningless if the Mayan calendar is correct.

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Another black eye for New Jersey

The State of New Jersey was accused by the Securities and Exchange Commission of committing fraud when it issued bonds between 2001 and 2007.   According to the SEC complaint, the State did not fully disclose to bond buyers the extent of the growing shortfall in the state’s two major pension plans.   › Continue reading

Friday, August 20th, 2010 New Jersey No Comments

Social Security: America’s 75 year old chain letter

The Social Security program turned 75 years old on August 14th and the political class and their allies in the media, academia and the business world toasted the event extolling the virtues of America’s longest and largest chain letter. Make no mistake about it; Social Security is a chain letter.  Think of Social Security as Bernie Madoff on steroids.

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Monday, August 16th, 2010 Federal Government, Taxes, Welfare state No Comments

Liberty, Independence and Elena Kagan

One of the greatest achievements of the human race was the Declaration of Independence.  The Declaration stated unequivocally that government is created to protect the natural rights of the individual.

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Sunday, July 4th, 2010 Federal Government No Comments

One down, three to go

Governor Christie’s first budget was passed by the Legislature before the June 30th deadline, but not before three Republican holdouts, Michael Doherty in the Senate and Allison Littell McHose and Michael Patrick Carroll in the Assembly vowed not to vote for the $29.4 billion budget and the supplemental bills containing tax hikes.

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Wednesday, June 30th, 2010 New Jersey, Politics, Welfare state No Comments

It’s the spending and the income tax, stupid

The New Jersey state budget is in perpetual crisis.  Every year the governor and the legislature engage in the June 30th soap opera:  Will a budget be in place by the June 30th deadline?  Or, will there be a state shutdown because the legislature failed to pass a budget in time for the upcoming fiscal year?

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Thursday, June 24th, 2010 New Jersey, Politics, Spending, Taxes No Comments

Sean Hannity is a liberal…or worse

Sean Hannity supports the war on drugs.  Libertarian journalist John Stossel supports the legalization of all drugs.  Hannity, a self-described conservative, grudgingly admitted that he could support the legalization of marijuana but never the legalization heroin or crack cocaine.  Hannity and John Stossel “duked” it out for a few minutes on Stossel’s Fox Business Cable weekly show last week, debating the merits of drug legalization.  › Continue reading

Monday, June 21st, 2010 Federal Government, Welfare state No Comments

Another reason to abolish the income tax

Bernie Madoff’s Ponzi scheme ripped off thousands of investors, foundations, colleges and universities, and financial institutions for as much as $50 billion.  Over the years, investors paid taxes on capital gains and interest their accounts supposedly generated for them.  But after Madoff confessed to the largest private Ponzi scheme in history did investors realize they had been victimized twice, once by Bernie and the second time by the government that taxed their nonexistent gains.

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Tuesday, June 15th, 2010 New Jersey, Taxes No Comments

Consolidation is in the air: How about Bergen County to the City of Bergen?

For years governors, legislators and others have been advocating “shared services” as a way for towns to hold the line on costs and thus halt the rapid rise of property taxes that has been plaguing New Jersey municipalities for decades.   The Legislature may get an opportunity to do more than just advocate shared services; it may force Teterboro in Bergen County to be split among the four adjoining municipalities. › Continue reading

Saturday, June 12th, 2010 New Jersey, Spending, Taxes 1 Comment

Another small step for the freedom movement

Although Tea Party candidates were shut in last night’s primaries except for Anna Little, who is holding on to the slimmest of leads in the 12th congressional district GOP primary, they made more than a respectable showing.  Particularly impressive was Dave Corsi’s near upset of heavily favored, well financed, establishment candidate Scott Sipprelle in the 6th congressional district. › Continue reading

Wednesday, June 9th, 2010 New Jersey, Politics, Welfare state No Comments

Guest column, Dr. Alieta Eck

ObamaCare, Tried in Greece, Leads to Bankruptcy, Rioting & Bloodshed

Some people learn from others’ mistakes, and some have to “learn the hard way.”  Will America follow the lead of countries who have actually tried their own version of ObamaCare, or could we still learn from their mistakes?  In a remarkable statement, the International Monetary Fund has recommended that, before any bailouts are considered, the Greek government must privatize transportation, energy and health care to rein in costs.  The IMF recognizes that increased government involvement in health care does not save money.  It also does not lead to better health care.

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Tuesday, June 8th, 2010 Politics, Spending, Taxes, Welfare state No Comments

The economy sucks: Thanks Obama and Bush, Bernanke and Greenspan and the gang of plunderers AKA as the Congress of the United States

If the U. S economy is recovering from the financial crash and housing bubble of the past several years, it is at best a subpar performance, given the employment data that was released last Friday.  Although 431,000 new jobs were created in May, the vast majority were temporary census positions (411,000).  The private sector increased the number of jobs by 41,000, and the unemployment rate declined slightly to 9.7%.

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