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  • Monthly Archives: March 2008

    Free Trade Fact of the Day

    Today’s Free Trade Fact of the Day comes from a Business Week look at how NAFTA has affected the U.S. economy: But the story of GE and Mexico is about more than lost U.S. jobs. Since 2006, GE has struck deals to sell Mexican companies $350 million worth of turbines … More

    Health Care Debate Comes Down to Mandates Versus Choice

    The USA Today has surprisingly fair examination of the three remaining presidential candidates health care plans today. Boiling down a very complicated issue the USA today writes: While McCain sees soaring medical costs as the initial problem to address, Obama and Clinton have competing plans that focus first on expanding … More

    Morning Bell: A Crisis That Is Here to Stay

    The Social Security and Medicare Boards of Trustees released their annual financial review yesterday, finding that over the next 75 years the two programs have promised to pay out $42.9 trillion more in benefits then they have scheduled to take in. Numbers this large and time frames that long can … More

    Marketplace Realities Won at DoJ

    The Heritage Foundation’s Chairman of the Center for Legal and Judicial Studies Ed Meese and Senior Research Fellow in Regulatory Policy James Gattuso issued the following joint statement on the DoJ XM Sirius merger decision: Yesterday’s decision by the Department of Justice not to oppose the merger of Sirius and … More

    The Bolivarian Republic of Massachusetts

    The Christian Science Monitor reports today that “liberals from around the world” are flocking to Caracas “to experience Hugo Chavez’s experiment in socialism.” Liberals here in the United States worried about the carbon credits they’d have to purchase to offset a flight to Venezuela might consider visiting Massachusetts instead. We … More

    Free Trade Fact of the Day

    Today’s Free Trade Fact of the Day comes from University of Adelaide economics professor Kym Anderson and Copenhagen Consensus organizer Bjorn Lomborg who write in the Taipei Times: Free trade would lead to an overwhelming boost to welfare everywhere, but especially in the developing world. Grasping these benefits is potentially … More

    Sports Fans Rejoice!!!

    The Justice Department finally approved the merger between XM and Sirius last night. Now the FCC is the only barrier standing between sports fans and a product that lets them listen to every NFL and MLB game every year. The New York Times reports on the DoJ’s reasoning: The Justice … More

    Morning Bell: This 'Something' Will Not Help Mortgage Mess

    Sen. Hillary Clinton yesterday threw her weight behind a plan by Rep. Barney Frank (D-Mass.) and Sen. Chris Dodd (D-Conn.) to authorize the Federal Housing Administration (FHA) spend $20 billion in taxpayer money to guarantee up to $400 billion in questionable mortgages. Considering Sen. Barack Obama is already a co-sponsor … More

    Economic Myths vs. Reality

    The recent failures of Bear Stearns and the Carlyle Group, coupled with turmoil in the housing markets and overall pessimism about the economy, has Congress rushing to microphones to promise a legislative quick fix. Meanwhile, President Bush and the Federal Reserve are being second guessed by liberal economists for not … More

    A Pointless Excercise at the Post

    The Washington Post solicited plans from each of the remaining presidential campaigns on what each candidate will do, if elected, “to solve the current crisis.” Gene Sperling wrote for Hillary Clinton, Dougla Holtz-Eakin wrote for John McCain, and Austan ‘I did not make reassurances to that Canadian” Goolsbee wrote for … More