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Toxic Asset Rip-Off
Obama is proposing that the Treasury provide loans up front and insurance against potential losses on the back end. It’s what Paul Krugman called "heads…
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Human Achievement Hour
This week CEI announced the creation of Human Achievement Hour (HAH) to be celebrated at 8:30pm on March 28th 2009 (the same time and…
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U.S. Chamber unveils NIMBY Watch Web site
Last week, the U.S. Chamber of Commerce unveiled a NIMBY-Watch Web site called Project No Project . With case studies from more than 30 states, Project…
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“Heads I win, Tails the Taxpayers Lose”: Toxic Asset Rip-Off
That’s how analysts describe the trillion-dollar toxic-asset buy-up program proposed this weekend by the Obama Administration: “the president is putting forth his idea to…
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Alarmists turn blind eye to global warming benefits–again
Tomorrow, the House Foreign Affairs Committee will hold a hearing on the national security threats from melting Arctic ice. Greenwire (subscription required), the Online environmental news…
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Blind to Obama’s Broken Promises
In 2008, Obama promised a “net spending cut” (although he never did come up with cuts to offset his proposed spending increases). Obama…
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Fishing for Rationality in the Beauty Salon
Thinking of getting one of those cool new “fish pedicures”? Well, you’d better act fast. 14 states have already banned the process. But a member…
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Regarding the Economics of Environmentalism, A Response to CAP’s Brad Johnson
it, either. So it seems there is some uncertainty on global warming. What is certain, however, is that reducing emissions also reduces economic growth, by…
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Obama Budget Explodes Debt, Taxes, CBO Admits
Obama’s budget would explode the national debt while increasing taxes. That’s the conclusion of the Congressional Budget Office, controlled by lawmakers who support…
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Herbert W. Obama
In the Great Depression, President Herbert Hoover raised marginal tax rates to 63%, and went on a deficit spending binge. He also signed…
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Will talent flee to the City?
A different take on possible effects of lawmakers’ rabble-rousing on TARP bonuses. Jeffrey Goldfarb at breakingviews.com says that driving out talented financial…
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“Going Galt”– 90 percent tax may provide impetus
Already there’s confusion over what the 90 percent bonus tax bill passed by the House really means. Targeted at the AIG bonuses,…
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No “hysteria” about trade — just some facts
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A Cynical Poison-Pill Bill
Yesterday, liberal lawmakers, after publicly blasting the multi-million dollar AIG bonuses as undeserved and excessive, privately voted down GOP proposals to limit them.
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The AIG Tax Trojan Horse
The massive tax hike being voted on in the House today is a Trojan horse that uses the legitimate outrage over the American International…
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CO2 regulation under the Clean Air Act: Economic Train Wreck, Constitutional Crisis, Legislative Thuggery
Last week, EPA leaked a Power Point presentation revealing that the agency plans on April 30 to propose a finding that “air pollution” from emissions…
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NYT soft-balls trade protectionism
A New York Times editorial today urges the Obama Administration to take a stronger role in supporting open trade, more specifically, to reinstate the…
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A Global Green New Deal – What Could Possibly Go Wrong?
Showing that he believes Al Gore’s typical misunderstanding that the Chinese word for crisis is made up of the characters for threat and opportunity (…
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AIG Lies; Bonuses for Fannie & Freddie; Fed Explodes Money Supply, Risks Stagflation
It’s not just AIG, being bailed out for $170 billion, that’s using taxpayer money to give fat bonuses to its employees. The same thing is…
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Show Your Work!
Fiona Harvey of the FT is one of the better journalists covering the environmental beat, but I’m afraid that is a bit like saying that…
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Barack Obama v. Warren Buffett on the Economy
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Ron Kirk confirmed as USTR — vowed trade “enforcement”
The U.S. has a new U.S. Trade Representative — former Dallas mayor Ron Kirk. Kirk was confirmed by the Senate today in a 92-5…
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Tit-for-tat: Tariffs and trucks
It’s no empty threat — Mexico will be slapping high tariffs on almost one hundred U.S. products beginning tomorrow, according to its economy minister. …
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Carbon mitigation schemes are inherently protectionist
Thanks, Fran, for blogging on the carbon tariff threat to the peace and prosperity of the world. We should all remember that carbon…
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Postmodern Union-on-Union Fight
The Service Employees International Union (SEIU) is being denounced by a group of its own employees for doing, well, nothing wrong or illegal, but something…
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More on carbon tariffs
For more on the insanity of carbon tariffs, there’s an excellent 2008 article by the National Post’s Terence Corcoran appropriately titled “Blowing up the…
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Carbon tariffs quid pro quo?
Just as the World Bank put out a report on increased trade protectionism in the world, U.S. Energy Secretary Steven Chu…
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Hypocritical Posturing By Obama Over AIG Bonuses
In response to public outrage, Obama is belatedly criticizing the millions of dollars in bonuses that AIG, which is being bailed by taxpayers at a…
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LibertyWeek 34: Michelle Minton Conquers the World
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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…
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Mexico wants to keep on trucking
Mexico said it would impose tariffs on about 90 U.S. exports in retaliation for a recent bill that violates the North America Free Trade…
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With news coverage like this…
…does organized labor need a PR operation? In today’s Politico, Jeanne Cummings repeats — without qualification — the half-truth that supporters of the so-called…
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Economic Illiteracy’s Here Again
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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…
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Online gambling increases despite “ban”
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The Socialism that Dare not Speak its Name
“Socialism” is dead, according to Matthew Dallek, writing in the Politico. I put the term in quotes, because what Dallek defines as socialism is…
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An Explosion of Litigation
Already burdened by $8 trillion in new federal spending commitments and the likelihood of higher taxes to pay for bailouts,…
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Obama on Earmarks and Pork-Barrel Spending
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States Revolt against Card Check
State legislators are unhappy about the prospect of the so-called Employee Free Choice Act (EFCA) being imposed on their constituents’ businesses. That was a central…
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Alarmism increasing twice as fast as predicted
The Independent in London this week ran with the latest claim about sea level rise. Their headline illustrated perfectly how ridiculous predictions quickly transform…
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Trade and special interests
A National Review Online editorial today takes President Obama to task for catering to Democratic special interests opposed to free trade. The…
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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…
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Eugene Scalia on Card Check
With passage of the so-called Employee Free Choice Act (EFCA) growing more in doubt, organized labor and its Congressional allies are resorting to pushing the…
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Your Interests Are My Interests
As newspapers around the country are closing, Google's interest-based ads may be just the shot in the arm the content industry needs.
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Going Ballistic on Card Check
Today’s Wall Street Journal, in an editorial, notes organized labor’s latest hardball tactic in its effort to help enact the so-called Employee Free…
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Land Grab Bill on House Floor Today
UPDATE 1:15pm ET: Myron reports – “House narrowly defeats omnibus land grab bill under suspension. 282 yes to 144 no. Two thirds needed under suspension.
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Al Gore Wants .eco Web Domain…
Since Dot Eco TLD announced that they were seeking establishment as a top level domain (TLD) at ICANN’s (Internet Corporation for…
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Utah: Rated R for Ridiculous
Utah is on the verge of using it’s ‘Truth in Advertising’ bill to pass regulated enforcement of video game ratings. The bill which was in…
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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…
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