Blog
GM IPO Raises Billions, But Company Faces Hidden Challenges; Bailout Still Not Repaid
General Motors raised more than $20 billion in an initial public offering (IPO) this week, selling millions of shares owned by the federal government,…
Blog
Massive Property Tax Increases Coming for Homeowners in Northern Virginia
Homeowners in Northern Virginia may face massive, record-setting property tax increases of 20 percent or more in the upcoming year. One reason is the EPA’s…
Blog
Tea Party Express Hands Control of Senate to Democrats?
Blog
Many Republican Campaign Signs Disappear or are Stolen
Enraged Democrats in Virginia’s Fifth Congressional District attacked GOP activists and yanked signs for candidate Rob Hurt (R) off of private property. Hurt is…
Blog
Touting Government Failures As Successes: Chris Zimmerman and Metro
Arlington County Board member Chris Zimmerman is touting “his experience on the Metro Board of Directors, of which he is the longest-serving member.” This…
Blog
Administration Allies Float Trillion Dollar Bailout to Offset Rising Savings Rate
Alarmed by the rising savings rate, which liberal Keynesian economic theory views as potentially bad in a weak economy, intellectuals with close ties to…
Blog
Harvard’s Jeffrey Miron Explains Why the Stimulus Package Failed
Blog
Civil Rights Commission: Administration Lied About Who Dropped Voter Intimidation Case
The U.S. Commission on Civil Rights has found that political appointees, not career Justice Department lawyers, made the decision to drop a voter intimidation…
Blog
Obamacare to Wipe Out 800,000 Jobs Through Work Disincentives
Obamacare is going to wipe out 800,000 jobs through its disincentives to work. That contrasts sharply with false claims by House Speaker Nancy…
Blog
Ignorant Food Snobbery: Judge Orders McDonald’s to Pay Obese Employee $17,500
From The New York Times: A Brazilian court ruled this week that McDonald’s must pay a former franchise manager $17,500 because he gained 65…
Blog
Washington Subway Terrorist Bomb Plot Leads to Arrest
Federal authorities arrested Farooque Ahmed for plotting to bomb the Washington Metro subway system. Ahmed, who immigrated from Pakistan, “conspired with people he thought…
Blog
CBO: Obamacare Discourages Work
Even the Congressional Budget Office, which allowed supporters of Obamacare to hide its costs through gimmicks and dodges, admitted last “Friday that…
Blog
Increase in American Corruption May Have Been Understated
Earlier, I wrote about how America had slipped to a historic low on the Global Corruption Index, becoming more corrupt. In retrospect, I think…
Blog
Foreclosure Moratorium Would Impose Huge Losses on Taxpayers
“Taxpayers and the federal government would be among the biggest losers if officials heed calls from some legislators and homeowners rights groups to stop millions…
Blog
U.S. Slips to Historic Low in Global Corruption Index
America has slipped to a historic low in the global corruption index, Reuters reports, and it is no longer one of the 20 least…
Blog
Global Food Crisis Forecast; Aggravated by Biofuels and Global Warming Legislation
A global food crisis is “forecast as prices reach record highs.” “Rising food prices and shortages could cause instability in many countries as the…
Blog
Mysteries of the Liberal Mind: Inmate Voting Good, Soldiers Voting Bad
Liberal judges insist that it’s racist to keep prison inmates from voting, because inmates are disproportionately members of minority groups. See the dissents of liberal…
Blog
Unemployment Jumps Under Obama, Pelosi, and Reid
Unemployment averaged about 5.2 percent under both Clinton and Bush, but rose to an average of 9.43 percent under Obama (the current rate…
Blog
Obamacare: More Broken Promises, More Premium Hikes, More Lost Health Insurance
In The Washington Times, Dr. Milton R. Wolf debunks six “unkeepable Obamacare promises” that have already been shown to be false. For example, President…
Blog
Bureaucrats Disenfranchise Overseas Troops
Illinois officials missed the deadline to mail ballots to U.S. troops overseas, but they hand-delivered ballots to inmates, without even waiting for inmates…
Blog
Bailout of Fannie and Freddie Will Cost Double Earlier Estimates
The bailout of Fannie Mae and Freddie Mac will cost double earlier estimates, and could cost $363 billion over the next three years, report…
Blog
General Motors’ Losses Hidden by Deferral of Union Pension Obligations
Any General Motors bonds issued this year will be classified as junk by a key ratings agency. Why? There’s some risk GM will go…
Blog
More Stimulus Money Wasted
A lot of money was wasted in weatherization projects paid for by the stimulus package, note The New York Times Green Blog and Professor…
Blog
Obamacare Will Spawn Crowded Waiting Rooms and Pointless Busywork for Doctors
Health care costs will go up under Obamacare for many reasons, such as the wasteful red tape it imposes on health savings accounts (HSAs). Max…
Blog
Say Goodbye to Free Checking
“Say goodbye to traditional free checking, as banks feel squeeze from new regulations,” reads the AP headline. “Free checking, a mainstay of American banking…
Blog
Your Shriveling 401(K): Thank Financial Red Tape and the Foreclosure Furor
If your 401(K) has shrunken recently, it may be due to falling bank stocks, like Bank of America stock, which has fallen from over $19…
Blog
Obama’s Nativist Scare Tactics May Backfire on Him
President Obama has made the baseless claim that the Chamber of Commerce is spending foreign money on political campaigns. This claim was widely disseminated…
Blog
Meager Part-Time Work Masks Unemployment
Unemployment is often masked by part-time work, since people who would prefer to work full-time are not treated as unemployed by government statistics if they…
Blog
Democrats Took the Most Foreign Money
It turns out that Democrats have taken twice as much foreign money in this election cycle as Republicans. They’ve taken “more than $1 million…
Blog
Restricting What People Eat, Based on the Ignorance of Food Snobs
There are increasing calls for the government to restrict salty food and fast-food restaurants, and tax fast food, to curb obesity. This is especially true…
Blog
Obamacare Results in 47 Percent Premium Hike
Obamacare has just led to a 47 percent increase in some health insurance premium rates in Connecticut: The state’s largest insurer has been approved to…
Blog
Judge Rejects Obama Administration’s Motion to Dismiss Challenge to Obamacare
A judge in Florida has rejected the Obama administration’s motion to dismiss challenges to Obamacare brought by 20 state attorneys general and the…
Blog
New Jobless Claims Rise to 462,000
New applications for unemployment benefits rose last week to 462,000, and unemployment is at 9.6 percent. Employers are reluctant to hire because of…
Blog
Stop Coddling Mortgage Deadbeats
Right now, there’s a big manufactured outrage over the fact that at a few banks, paperwork errors occurred in foreclosures. The Wall Street Journal…
Blog
Obama Administration Slowed Response to BP Oil Spill By Keeping Public In the Dark
The Obama administration initially downplayed the seriousness of the Gulf oil spill, “slowing response efforts and keeping the American people in the dark…
Blog
Ignorance at the New York Times: Kate Zernike and the “Rule of Law”
The New York Times doesn’t know what the “rule of law” means. In a story on the Tea Parties, reporter Kate Zernike claims that the…
Blog
Stimulus Money Went to Prisoners and Dead People
17,000 prison inmates received checks courtesy of the $800 billion stimulus package, notes the Associated Press. $18 million in checks went to dead…
Blog
Private Employers Cut 39,000 Jobs in September
The private sector shed 39,000 jobs in September. Liberal journalists claim this was “unexpected.” This reveals their shaky grasp of economics. If you…
Blog
If You Like Your Health Plan, You May Lose It Anyway
Another major employer, 3M, has decided to “eventually stop offering its health insurance plan to retirees, citing the federal health overhaul as a factor.”…
Blog
Supreme Court Is Neither Pro-Business Nor Conservative
The Supreme Court is not a particularly conservative court. It rules against businesses more than the lower federal courts do, and its rulings have overturned…
Blog
Obamacare May Force McDonald’s to Drop Health Coverage for Employees
Michelle Malkin points out that “McDonald’s has notified the feds that it may be forced to drop health insurance for some 30,000 workers due…
Blog
22,000 Lose Their Health Insurance Due to Obamacare
Approximately 22,000 senior citizens just lost their health plan with Harvard Pilgrim Health Care, which dropped its Medicare Advantage Program due to “cuts in…
Blog
New EPA Rules Will Cost More than 800,000 Jobs
New EPA rules will cost more than 800,000 jobs, probably far more, according to a newly released congressional report. That includes the EPA’s…
Blog
Five Radicals Approved for Judgeships by Senate Judiciary Committee
Five radicals have been approved for judgeships by the Senate Judiciary Committee, voting along party lines. The committee held over for…
Blog
Obama Financial Czar Appointment Is Unconstitutional, Liberal Law Professor Says
Obama has appointed controversial Harvard Law Professor Elizabeth Warren to informally run the powerful, newly-created Bureau of Consumer Financial Protection that will regulate the…
Blog
Many Free Checking Accounts Disappearing Due to Dodd-Frank Financial “Reform” Law
The so-called financial “reform” bill that passed Congress — the Dodd-Frank Act — is wiping out many free checking accounts, since…
Blog
Unfair ‘Paycheck Fairness Act’ Shafts Workers With Hazardous Jobs
We wrote earlier about the Paycheck Fairness Act, a bill of Orwellian deception that would result in employees unfairly receiving equal pay…
Blog
Insurers Drop Children’s Health Insurance Due to Obamacare
Insurers have stopped writing children-only health insurance policies due to mandates in Obamacare that ignored basic principles of economics. So if…
Blog
General Motors Now Admits It Didn’t Repay Bailout Money
Contrary to its claims in TV ads earlier this year, General Motors has now admitted that it did not repay…
Blog
Insurance Regulators Approve Increases Based on Obamacare
In Connecticut, insurance rate regulators have approved hikes in insurance premiums of up to 20 percent, agreeing with insurers that…