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  • Monthly Archives: June 2008

    Investigate the Chris Dodd Bailout

    Yesterday Rep. Jeb Hensarling (R-Tex.) became the first member of Congress to call for an investigation into the relationship between Sen. Chris Dodd’s (D-Conn.) $300 billion bailout of Wall Street lenders like Countrywide Financial, and the below-market rate loans Dodd received from Countrywide. Hensarling may be the first member of … More

    Canada Goes Nuclear

    Canada is beginning to see nuclear energy as the superior substitute to carbon fuel-based electricity. A number of Canadian environmental activists and government officials are turning to nuclear power and reviving its prestige as the cleanest energy source we can feasibly use. As the Canadian public continues to suffer from … More

    Morning Bell: Government Is Cause Of, Not Solution To, High Health Care Costs

    Federal Reserve Chairman Ben Bernanke told Congress Monday that health care spending will “rise relentlessly” unless lawmakers overhaul the health care system. As if trying to prove his point, PriceWaterhouseCoopers released a study yesterday showing employer health care costs will increase 9.9% in 2008, more than double the annual rate … More

    The Terrorist Challenge in Pakistan

    Editor’s Note: Adapted from testimony delivered June 12 before the U.S. Senate Committee on Homeland Security and Governmental Affairs. Despite a successful election four months ago, Pakistan’s political and security situation remains highly unstable and demands close attention from U.S. policymakers. A power struggle at the center among the three … More

    Rice's Move Strengthens Missile Defense in Europe

    Secretary of State Condoleezza Rice’s decision to finalize an agreement with Prague in early July to station part of the “third site” anti-missile system there arrives at a critical point in the proliferation debate. The news comes at the same time a former U.N. arms inspector is set to report … More

    Slimmer Is Better

    Fantastic op-ed on government taxing and spending levels by Centre for Policy Studies fellow Keith Marsden in todays Wall Street Journal. He compared the economic performance of ten countries with “slimmer governments” (Australia, Canada, Estonia, Hong Kong, Ireland, South Korea, Latvia, Singapore, the Slovak Republic and the U.S.) to 10 … More

    Yes We Must

    Former Supreme Court associate justice Sandra Day O’Connor and former Ambassador James R. Jones kick off this week’s Youth Entitlement Summit in today’s Washington Post: Idealistic young voters have turned out in record numbers this year — and not a moment too soon. How our next president represents the interests … More

    The U.S. Does Have World's Second Highest Corporate Tax Rate

    Every Thursday Foundry editor Conn Carroll reviews the latest stories in the conservative and liberal blogospheres for Bloggingheads.tv‘s “This Week in Blog“. This week the show included a discussion below about taxes including the assertion that the U.S. has the world’s second highest corporate tax rate and that Barack Obama’s … More

    Free Trade Fact of the Day

    At least somebody in North America is still showing leadership on free trade. Unfortunately for U.S. consumers, it is not Congress which still refuses to approve free trade deals with Colombia and South Korea. But Canada is still forging ahead, inking a deal with Colombia earlier this month and Peru … More

    Environmental Hypocrisy

    Hypocrisy is nothing new to celebrities and politicians that make the push to go green. First, it was John Travolta, preaching about the catastrophic consequences global warming with five (yes, five) private jets that he likes to fly for ‘business purposes’. Next, it was Harry Reid getting out of his … More