Blog
Left-Wing Attorney General Ashamed of End to Discrimination
A federal appeals court recently upheld an injunction barring a county official from continuing to prevent people from voting based on their race. The unanimous…
Blog
Bailouts for Liars, Illegal Aliens, and Undeserved Bonuses
Insurance giant AIG, bailed out by taxpayers for $170 billion, is using taxpayer money to pay executives in the division that brought…
Blog
An Explosion of Litigation
Already burdened by $8 trillion in new federal spending commitments and the likelihood of higher taxes to pay for bailouts,…
Blog
Economists Give Obama Failing Grade; New Bailouts Demanded As Obama Breaks Promises
Obama gets a failing grade from economists. “U.S. President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to…
Blog
Stimulus Subsidizes Corruption, Waste, Racism
The $800 billion stimulus package signed by Obama not only will make the economy shrink over the long-run, it will pay $88.6 million…
Blog
Obama Insults America’s Allies, Endangers Economy
Not content with endangering the economy by pushing through $8 trillion in bailouts and welfare, Obama has now insulted the…
Blog
$8 Trillion in Bailouts; Undeserving Rich Benefit
Federal bailouts and related spending proposed by the Obama Administration now total 8 trillion dollars, according to the American Institute for Economic Research.
Blog
90 Percent Tax Rate Proposed
Congressman Jerry McNerney (D-California) has advocated raising marginal tax rates to 90 percent. Such a tax increase on the wealthy would be necessary, but…
Blog
Obama Bails Out Rich, Irresponsible People With LOW Mortgage Payments
Yesterday, I wrote about how high-income people with $700,000 homes, who are in no danger of becoming homeless, would benefit from the Obama Administration’s…
Blog
Bailing Out the Reckless Rich, Harming Our Economy
Well-to-do people will receive an unnecessary mortgage bailout, under a new federal program that will cut their payments to just 31 percent of their income…
Blog
Distorting the News, to Obama’s Advantage: Ledbetter v. Goodyear and the Lilly Ledbetter Fair Pay Act
Distorted press coverage of a Supreme Court decision gave a big boost to the Obama campaign, which made the decision a major campaign…
Blog
Your Loss Is My Gain, Sucker!
I am being enriched by a vast expansion of government that will impoverish you and your family, and shrink the size of the economy in…
Blog
Stimulus Guts Welfare Reform, Is Deceptive
The stimulus package will gut welfare reform even more than previously feared. That’s the conclusion of Mickey Kaus, a moderate Democrat who now…
Blog
Stimulus Package Shrinks Economy, Expands Welfare Rolls
The Stimulus Package passed by the Senate will encourage people to stop working and go on welfare, undermining the 1996 welfare reform…
Blog
Stimulus Plan Harms Economy, Congressional Budget Office Admits
The bloated $800 billion “stimulus” package would not only create a mountain of debt, it would harm the economy in the long run.
Blog
Stimulus Bill Is Full of Pork
The $800 billion stimulus bill contains billions of dollars in pork and wasteful spending on items that have nothing to do with stimulating the…
Blog
Stimulus Plan Repeats Mistakes That Spawned Great Depression
The European Union is threatening a trade war over provisions in the $800 billion “stimulus” package backed by Obama and Congressional leaders. The Great…
Blog
Opposition to “Stimulus” Package Rises
Opposition to the $800 billion stimulus package continues to rise, and polls show support for it has fallen to 42%. Independent swing-voters oppose…
Blog
Obama Distorts Ledbetter v. Goodyear Case, In Signing Lilly Ledbetter Fair Pay Act
In signing his first bill into law, Obama didn’t let facts get in the way of a good story, or milking a political wedge issue.
Blog
Stimulus Bill Triggers Legislative Logjams, Perpetuates Credit Crisis
Obama’s stimulus package is the problem, not the solution. No one wants to make any hard decisions until they see what goodies they may get…
Blog
White House Distorts Ledbetter v. Goodyear Ruling, in Backing Lilly Ledbetter Fair Pay Act
The White House is making false claims about the Supreme Court’s Ledbetter v. Goodyear decision. In that case, the Supreme Court enforced the…
Blog
No Consensus for “Stimulus” Among Economists
Contrary to claims by the Obama administration, there is no consensus among economists for a “stimulus” package, much less the trillion-dollar pork-filled “…
Blog
Consumer Product Safety Law Backfires, Killing Thousands of Jobs
A consumer-product safety law recently passed by Congress will drive up the price of children’s clothes and toys and put thousands of small toymakers…
Blog
Incoming Attorney General Eric Holder Is Hostile to Civil Liberties
Eric Holder, Obama’s choice for attorney general, is hostile to civil liberties. He has previously expressed veiled support for using the misnamed…
Blog
Obama’s Trillion Dollar “Stimulus” Fantasy, at $300,000 per Job
Barack Obama claims his trillion-dollar stimulus package, financed through new deficit spending, will “create or save” 3 million jobs. That’s pure fantasy —…
Blog
The Paycheck Fairness Act: Equal Pay Baloney From the Press
“News” stories on legislation often read like lazy summaries of press releases put out by the bill’s sponsors. That’s particularly true for so-called “equal pay”…
Blog
Change Is Coming, To Benefit Trial Lawyers
Obama promised change, and it’s already happening, at the expense of the poor, consumers, and small business. “Regulations set to take effect next month could…
Blog
Thousands Die After Zimbabwe Dictator Nationalizes Water Systems
Thousands of people have died of cholera in Zimbabwe after the country’s left-wing dictator Robert Mugabe nationalized municipal water systems to seize their revenue,…
Blog
Irrational Massachusetts Child Support Guidelines
Massachusetts has long had some of the most excessive child support guidelines in the nation: for just one child, the father is ordered to…
Blog
A Silver Lining in the Terrible Madoff Ponzi Scheme?
Point of Law carries a news item called “Left-Wing Legal Groups Reeling from Madoff Affair.” Bernard Madoff, the architect of a $50 billion ponzi…
Blog
Bailouts Aggravate Financial Crisis
In the New York Times, economist Tyler Cowen of George Mason University argues that the $700 billion financial-system bailout is impeding an economic recovery. Because…
Blog
Stimulus Plans: Economic Failures, But Sometimes Political Successes
So-called “stimulus packages” don’t revive the economy, but that hasn’t stopped President-elect Obama from pushing a budget-busting $850 billion stimulus package. Japan…
Blog
More Criticism for Unconstitutional Auto Bailout
Andrew Sullivan, George Will, Clinton Labor Secretary Robert Reich, the Heritage Foundation, and many others have joined CEI in calling the auto bailout Unconstitutional.
Blog
Fewer Toys for Christmas
Small toy manufacturers may go out of business thanks to the “Consumer Product Safety Act of 2008,” which Congress hastily passed in response to…
Blog
Bush Auto Bailout Illegal, Bailout Supporter Admits
Clinton Administration Labor Secretary Robert Reich, who supports bailing out the Detroit automakers (whose unionized workers are paid $70 an hour), nevertheless points out…
Blog
Drew Edmondson’s Prosecution of Paul Jacob Is Unconstitutional
The federal Tenth Circuit Court of Appeals has declared unconstitutional an Oklahoma law banning non-residents from helping to collect signatures for ballot initiatives…
Blog
An Insult to the American People
Thumbing its nose at the American people, who have opposed a bailout for automakers by a two-to-one margin in public opinion polls, the Bush…
Blog
Minnesota Vote Manipulation Likely Overturns Key Senate Election
The Minnesota Senate election was very close: GOP incumbent Norm Coleman led liberal ex-comedian Al Franken by just 725 votes. As a result, Franken demanded a recount. …
Blog
What’s $50 Billion Among Friends?
Bernard Madoff defrauded investors out of an unprecedented $50 billion, in a massive Ponzi scheme that was perhaps the vilest swindle of the century. But a…
Blog
Fed Chairman Uses Incompetent Ratings Firms for Bailout
“Federal Reserve Chairman Ben S. Bernanke is basing hundreds of billions in emergency lending on credit ratings from companies that gave AAA grades to toxic…
Blog
The Value of a Dollar
Yesterday the dollar reach a 13-year low against the Euro as the Federal Reserve continues to pump new money into the system. All of this…
Blog
Bailouts Unconstitutional Failures
Jacob Sullum’s recent column argues that Bush’s auto bailout plan is an unconstitutional violation of separation of powers. We earlier argued that it was…
Blog
Paulson’s Bailout Was a Scam
National Review editor Rich Lowry, who mistakenly supported the financial system bailout because he trusted the Bush Administration, now realizes that he was deceived by…
Blog
Fed Cuts Rates, Punishing Thrift, and Impoverishing Savers
The Federal Reserve has just cut the federal funds rate for loans to banks to an unprecedentedly low rate — ranging from 0.0% to…
Blog
Auto Bailout Would Kill Jobs, Impoverish Taxpayers
A bailout would be worse for the auto industry than automakers filing for bankruptcy, explains banking and bankruptcy expert Todd Zywicki, a law professor,…
Blog
Bush’s Auto Bailout: Illegal or Unconstitutional
The Bush Administration is planning to bailout the Big Three. It's using part of the $700 bill financial sector bailout package by seizing on TARP's…
Blog
Jimmy Carter Disowns the Dictator Mugabe, His Frankenstein
After years of criticizing supposedly “unilateral” American military intervention in places like Iraq (where the U.S. was actually acting in concert with other countries, like…
Blog
Auto Bailout Smoke and Mirrors
Mickey Kaus, a moderate Democrat, explains how the proposed auto bailout contains little leverage for the proposed “auto czar” to really cut the excessive…
Blog
Bailout for Bloated Union Contracts
The auto bailout being fashioned by liberal lawmakers with Bush's apparent acquiescence contains no meaningful limits on the bloated union contracts that have helped make…
Blog
Sheila Bair’s Coddling of Mortgage Deadbeats Fails, Costing Taxpayers
Sheila Bair, the head of the FDIC, has been busy rewarding irresponsibility and punishing thrift by giving special breaks to deadbeat mortgage borrowers from…