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  • Daily Archives: August 1, 2008

    A Lights-Out Session in the House

    Today the House voted 213-194 (with 24 abstaining) in favor of adjourning for a five-week August recess. Lawmakers chose to take a paid vacation instead of voting to address the energy crisis that has stalled American motorists and is doing its best to cripple the economy. Speaker Nancy Pelosi and Senate … More

    Tankosphere Today: Aug. 1, 2008

    Hank Paulson’s Fannie Gamble – WSJ.com Our housing finance system has been broken for quite some time, creating perverse incentives for borrowers and lenders… African Liberty – Adam Smith Institute One of the most interesting sites to come out of Africa recently is African Liberty which blows open the traditional … More

    Obama’s Brilliant Stimulus Plan: An Energy Rebate

    Killing two birds with one stone; Barack Obama has it all figured out. To compensate for the high costs of gas and energy prices and revamp the struggling economy, presidential nominee Barack Obama conjured up a plan to give $500 to individuals and $1000 to families as soon as this … More

    At Least Wal-Mart Employees Can Cast Presidential Ballots in Secret...

    …because if big labor gets its way, they will not be protected by the secret ballot at work. Today the Wall Street Journal has a front page story on management efforts to educate employees on what would happen to Wal-Mart if liberal majorities in Congress and the White House passed … More

    Mega Dittos, Rush!!!

    Today is the 20th anniversary of Rush Limbaugh’s national radio show. Rush can be heard on over 600 radio stations and gets more than 14 million listeners every week. This week, Human Events, has been paying tribute to Rush with essays from major conservative luminaries with titles like Empowerer of … More

    DHS Stuck in Congressional Web of Oversight

    Seven years removed from the attacks of September 11, 2001, what are the key next steps for homeland security? In a testimony before the House Committee on Homeland Security, Subcommittee on Management, Investigations, and Oversight, I provided several answers to that question; my first answer, consolidation of congressional oversight of … More

    Free Trade Fact of the Day

    Writing on agriculture’s role in the collapse of the Doha Round of World Trade Organization negotiations, Hoover Institution fellow Victor Davis Hanson summarizes the past 70 years of U.S. farm policy in the New York Times: Here at home Congress recently overrode President Bush’s veto to approve a $300 billion, … More

    Inside the Ring: War of Ideas

    What do the weapons of the war of ideas look like? They aren’t bullets, missiles, or bombs. According to James Glassman, Under Secretary of State for Public Diplomacy, they are instead a group of programs designed to “push back against violent extremist ideology.” He claims these “may be the most … More

    Oh, It's 'Lousy' All Right

    We weren’t the only ones flabbergasted by David Broder’s recent praise for the National Housing Trust Fund. Cato Institute adjunct scholar Arnold King writes at EconLog: Broder helped ruin my day in a number of ways. First, he reminded me about this program, which I had only seen in early … More

    Don't Forget Those Special Payments in Massachusetts

    On Tuesday, the Wall Street Journal published an editorial on the Massachusetts health reform that, among other things, highlighted the roughly 150 million dollar cost overrun. Unfortunately, the Journal joined other media outlets in missing the real story. What was left out of the editorial, and other media coverage thus … More