Auto Industry Bailout, Voter Fraud and Nobel Laureates Go Political
Politicians pressure Treasury Secretary Paulson to provide a bailout to the auto industry.
Election officials object to loosened voter registration rules for college students.
Seventy-six American Nobel Prize winners endorse Barack Obama for President in a public letter.
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1. BUSINESS
Politicians pressure Treasury Secretary Paulson to provide a bailout to the auto industry.
CEI Expert Available to Comment: Adjunct Fellow Doug Bandow on how the government’s bailout attempts have made things worse:
“Treasury Secretary Henry Paulson might exude confidence, but he has demonstrated that he has no idea what he’s doing. First the government was going to buy up bad paper. Then it decided to toss money at banks whether they wanted it or not. Now we’re going to have yet another housing bail-out program. Insurance companies are lining up for the federal dole. How about a special program for writers? I’m tanned, rested, and ready to grab my share of the loot!”
2. LEGAL
Election officials object to loosened voter registration rules for college students.
CEI Expert Available to Comment: Special Projects Counsel Hans Baderin Virginia: on allegations of voter fraud
“Thousands of out-of-state college students have illegally registered to vote in swing states like Virginia, even while registering, and applying for absentee ballots, in their home state as well. Forty such names have already been forwarded to Virginia State Police. This process has been abetted by Virginia’s liberal governor, Tim Kaine, and his chief of staff, who did so in response to complaints by the Obama campaign, over protests by local voting officials across the political spectrum.”
3. SCIENCE
Seventy-six American Nobel Prize winners endorse Barack Obama for President in a public letter.
CEI Expert Available to Comment: Adjunct Analyst Steven Milloy on the signatories’ misplaced criticism of the current president:
“Although the election is between Obama and John McCain, the letter first criticized President Bush for ‘stagnant or declining federal support’ of science and politicizing the scientific advisory process. But in 2007, Bush asked Congress to double the funding for AIDS programs from $3 billion per year to $6 billion per year. During the Bush administration, the budget for the National Institutes of Health increased by 38 percent from $17.1 billion to $23.7 billion…In August 2007, Bush even signed the so-called ‘America Competes Act,’ a law that would double federal funding for basic science research by 2016. Ironically, it is the Democratic-controlled Congress that so far has failed to appropriate funds to implement the law.”
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