Donating money to a few of my favorite free-market organizations used to be a pleasant duty, but now I'm literally inundated with demands from hundreds of think tanks and public-policy groups, all vying for my limited funds
Mark SkousenThe reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.
Mark SkousenFraud is common when you give away billions. Fraud related to Hurricane Katrina spending is estimated to top $2 billion. In addition, debit cards provided to hurricane victims were used to pay for Caribbean vacations, NFL tickets, Dom Perignon champagne, 'Girls Gone Wild' videos, and at least one sex change operation.
Mark Skousen