Skyrocketing gas prices are rapidly changing Americans’ priorities. Voters routinely identify energy costs as either the second or third most important issue. Considering that any economist will tell you that high energy prices are a major cause of recent economic sluggishness, and that the economy has been the No. 1 …
The Heritage Foundation is greatly saddened to hear of the passing of Tim Russert. We extend our deepest sympathies to the Russerts and the entire NBC News family.
The tornadoes that blew through the Midwest yesterday damaged homes and buildings including a research nuclear reactor facility at Kansas State University. The reactor, a TRIGA Mark II model, has been operating since 1962, making it one of the oldest operating models of its design in America. One might think …
Late yesterday Portfolio.com reported that a bunch of powerful Washington politicians were given below market loans by Countrywide Financial. Among those receiving “special” loans that saved them thousands of dollars were former HUD Secretary Alphonso Jackson and Senate Banking chairman Chris Dodd (D-CT). Rounding up the morning’s news for his …
We have been calling Sen. Chris Dodd’s (D-CT) housing bailout bill “The Wall Street Bailout Enhancement Act” for over a month now. In particular, we have singled out Countrywide Financial as the bank with most to gain from the federal government’s generosity. Countrywide is the largest loan servicer in the …
In their efforts to gain confidential information about Congressional deliberations on China, Chinese intelligence agencies have stuck their fingers in a hornet’s nest that will leave big welts on Congressional attitudes toward Asia’s new superpower for years to come. Yesterday, an audibly angry Congressman Frank Wolf (R-VA) introduced a resolution …
In the 2006 case Hamdan v. Rumsfeld, four members of the Supreme Court joined a concurring opinion by Justice Stephen Breyer that said: Nothing prevents the President from returning to Congress to seek the authority [for trial by military commission] he believes necessary. … The Constitution places its faith in …
