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A Christmas Present for the Labor Lobby?
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No holiday cheer here
If you’re looking for holiday cheer, you might not want to read Holman Jenkins’ article in the Wall Street Journal today, even though…
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LibertyWeek 22: It Sure Is Looking Christmasy
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Trillion is the new billion
When you get calls from your friends specifically to talk about their zany ideas on how to reduce the national debt you know that the…
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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…
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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.
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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…
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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…
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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…
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The Real Auto Bailout: A Six Point Plan for Regulatory Relief
Here’s what the auto companies really need – a reduction in the regulatory burden placed on them by Congress. These burdens have placed Detroit at…
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GM-Chrysler Merger Likely Blocked by Antitrust
General Motors & Chrysler could be strengthened by a merger, an option that wouldn't cost taxpayers a dime. But, the idea has been pushed aside,…
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“Calling all economists . . .”
Supposedly President-elect Obama’s transition team has been calling up economists and asking for their views on a possible $1 trillion stimulus spending plan. …
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A loophole wide enough to drive a GMC truck though
The Bush administration’s outline of its automaker bailout package lists some seemingly sensible changes in labor practices that GM and Chrysler need to…
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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…
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Ron Kirk’s Texas origins may temper trade stance
Selecting former Dallas mayor Ron Kirk as the nominee for U.S. Trade Representative sends a signal that perhaps President-elect Obama will temper his anti-trade…
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Bush Bailout Beggars Belief
If there’s one provision in the GM/Chrysler bailout that I just don’t get, it’s the suggestion that the automakers must be financially viable by…
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Killing Without the Smile
The National Health Service loves to save money. Too bad that means denying essential medical care and killing patients. But what’s a bureaucracy for? The…
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Mortgage Madness
Here is a letter I fired to the Wall Street Journal: December 17, 2008 Editor, The Wall Street Journal 200 Liberty Street New…
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Likely Obama Appointee Includes Climate Change Alarmist John Holdren
On the heels of creating a new position for the scandal-plagued and therefore, presumably, unconfirmable Carol Browner to lord over Senate-confirmed cabinet officials in pursuit…
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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. …
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How Do Regulations Stack Up as a Small Firm Grows?
Tomorrow, electric utilities and green groups team up at the National Press Club to ask for billions of new spending on what they term energy…
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Solis: Could have been worse…but not much
According to the Associated Press, President-elect Barack Obama is about to name Rep. Hilda Solis (D-Calif.) as Secretary of Labor. If Rep. Solis’s voting…
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Taylor Tells of Tol’s Ton Toll
Jerry Taylor of Cato has an excellent summary of what the scientific literature tells us about the social cost of carbon emissions, drawing on…
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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…
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From CEI’s President: Remembering Paul M. Weyrich
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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…
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Credit Card Price Controls Harm Consumers
The Wall Street Journal editorial got it exactly right: The Federal Reserve cut rates to historic lows Tuesday, but today it…
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Paul M. Weyrich, RIP
[Since I wrote this, Paul Weyrich’s last column was published the day of his death, “The Next Conservatism, A Serious Agenda for the Future”…
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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…
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Yahoo! vs. the Obama Justice Department
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Coming to an ISP Near You: Google Servers
Over at the Tech Liberation Front, the Internet’s premier free market technology blog, we’re discussing the implications of Google’s OpenEdge program. The program plans to…
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China’s Economic “Boost”
Recently, the Chinese government released a plan to “boost” the Chinese money supply and stimulate the economy. Unlike Americans, people in China actually save…
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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…
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LibertyWeek 21: We Clear Ourselves of All Wrongdoing
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VIDEO: Fred Thompson on the Economy
In a great satire of today's political doublespeak, Fred Thompson tells us why the sophisticated policies coming out of Washington defy common sense. How do…
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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…
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Iain Murray on Obama’s Energy Team
[youtube:http://www.youtube.com/watch?v=RUVzVXz19I8 285 234]…
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No Regrets Greenery for Kids
In recent days I’ve been heavily exposed to commercials featuring the Nickelodeon network’s teen stars advocating The Big Green Help, including, Lord help us,…
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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…
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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,…
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Broken Windows, Broken Logic
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The Cloverfield Monster of the Internet
Earlier posts today dealt with the hoo-ha over Net Neutrality. By coincidence, an anonymous colleague put the following old 1996 quote by Sen. James Exon…
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EU Climate Agreement All Smoke and Mirrors
So if the EU has just put together an agreement to reduce emissions by 20% by 2020, why are the climate alarmist groups calling it…
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Stupid v. Evil
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Stupid v. Evil
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“Net Neutrality,” RIP? Well, One Can Hope
Net neutrality has long been a threat to Internet users. Despite the rhetoric and appeals to “openness,” it was always an anti-consumer enterprise, irretrievably and…
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Why Not a Wal-Mart Bank?
Seems like every business these days is becoming what’s called a “bank holding company” — seeking the shelter of the federal government’s deposit insurance and…
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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…
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Lawrence Lessig and Fighting Corruption
Lawrence Lessig has recently shifted his focus away from intellectual property and technology policy and toward tackling the larger issue of political corruption. It’s quite…
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Antitrust Liberalization May Avert Need for Bailouts; Outdated Laws Deter Efficient Mergers
In early 2007, the economy was humming along and General Motors was considered to be in the process of a turnaround. To help stabilize itself,…