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  • Monthly Archives: January 2008

    Morning Bell: 'Let Freedom Ring'

    Paul Krugman titles his op-ed this Martin Luther King Day ‘Debunking the Reagan Myth‘ and while this particular column is just the latest Krugman attack on Sen. Barack Obama (D-IL) and Reagonomics, Krugman devotes much of his new book to slandering Ronald Reagan’s record on civil rights. Others have already … More

    The Do's and Don'ts of an Economic Stimulus

    President Bush and congressional Democrats appear ready to put their partisan differences behind them and strike a deal on an economic stimulus package. However, before lawmakers and the White House get too cozy, conservatives are reminding Bush to consider the consequences of issuing tax rebates — repeating a mistake his … More

    States Falling In Line With REAL ID Reality

    This week Maryland Gov. Martin O’Malley followed in the footsteps of New York Gov. Eliot Spitzer deciding to comply with REAL ID standards for drivers licenses, rejecting a plan that would have allowed illegal immigrants to obtain an official state idenitifcation card. O’Malley said he did not want his state … More

    Morning Bell: Free Money For Everybody!!!

    If there is one thing President Bush is good at, it’s spending other people’s money. That’s why he saw Sen. Barack Obama’s (D-IL) $250 to individuals stimulus plan, saw the Democratic Congress’ $500 for individuals offer, and raised them both to $800 for individuals and $1,600 for families. Let’s hope … More

    Another Reason to Copy Hong Kong: Security

    Hong Kong is the most economically free country in the world. One of the reasons it has maintained that status for 14 straight years is its top-notch port security. Heritage’s James Jay Carafano was there this week to inspect its ports and other security measures put in place to combat … More

    Is Government Driving Entrepreneurship in Ireland?

    That’s what a Drudge-linked article in today’s New York Times suggests. The article attributes a large part of Ireland’s economic success to a government agency, Enterprise Ireland (EI). The agency provides state funding to startup companies, supports research and development, and introduces entrepreneurs to foreign government officials. However, a quick … More

    SBA Improves Without Funding Increases

    As reported in the Washington Post, a new survey shows that the Small Business Administration (SBA) has improved its employees’ morale without the cash infusion desired by the agency’s backers in Congress. Two years ago, the SBA was ranked as the worst place to work in the federal government. The … More

    Morning Bell: Make Bernanke Keep His Word on Stimulus Neutrality

    Heading into today’s testimony from Federal Reserve Chairman Ben Bernanke, Republicans and Democrats are divided over what Congress’ imminent stimulus package should include. Key to any Republican sign off on a bill would be a provision making the 2001 and 2003 tax cuts permanent. Democrats want up to $100 billion … More

    Blue Dog Democrat Questions Need for Stimulus Plan

    Rep. Baron Hill, a Blue Dog Democrat from Indiana, voiced concern today about the rush for Congress to pass an economic stimulus plan. During the question-and-answer portion of this morning’s hearing before the Joint Economic Committee, Hill noted that Democrats violated PAYGO rules when they passed a one-year freeze for … More

    Free Market Dodges Trial Lawyer Bullet

    In what has been billed the ‘Roe v. Wade‘ of securities law, the Supreme Court narrowly declined to create a new investor claim against any company that did business with a fraudulent company. The Court ruled 5-3 in Stoneridge Investment Partners v. Scientific Atlanta that investors may sue only those … More