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  • Monthly Archives: September 2008

    Detroit's Other Big Problem

    Last week the House approved a $25 billion loan for Detroit’s Big Three that, if signed into law, would cost taxpayers $7.5 billion. General Motors, Ford and Chrysler claim they need assistance to make the switch from gas-guzzling vehicles to more cars with better fuel-efficiency. We’ve broken down a few … More

    A Broader System of Corruption

    The Volokh Conspiracy‘s David Bernstein did not believe John McCain did an adequate job explaining his concern with earmarks during last Friday’s Presidential debate. Bernstein pick up the argument: Let’s say Congressman X is an idealistic young Congressman. Some constituents in his rural district ask him to get federal funding … More

    Addressing the Credit Rescue's Constitutional Problems

    Former Attorney General Ed Meese and Heritage ‘s Dr. Stuart Butler make their case for a financial rescue plan: While there are those in Congress who would push the role of government far beyond what is necessary in this crisis, the core technical parts of the negotiated package are acceptable. … More

    Absolute Engagement

    At the Presidential debate Friday in Oxford, Mississippi, John McCain emphasized “how tough that terrain is” on the Pakistan Afghan border, and that “we have to get the cooperation of the people in those areas.” An incident last week underscored how right he was on both counts. On Thursday two … More

    Morning Bell: Vital and Acceptable

    The $700 billion financial rescue that the House will vote on today is a significant improvement over the drafts released last Friday, and the Friday before that. According to the Congressional Budget Office, the plan will eventually cost “substantially less” than the oft-quoted amount of $700 billion, and it even … More

    DeMint: 'There Seems to Be No Real Appreciation of the Constitutional Boundaries'

    During an interview this morning on Fox News Channel, Sen. Jim DeMint (R-SC) outlined the troubling unconstitutional aspects of the financial rescue plan. Heritage’s legal scholars yesterday outlined the constitutional infirmities that remain.

    The Democrat Majority’s Fuzzy Logic

    The Democratic majority’s line of logic appears to work something like this: If taxpayers can afford to spend $700 billion to bailout out the battered financial markets, then they can surely afford to spend $25 billion to bailout the auto industry, $61 billion on bogus “emergencies,” $24 billion for disaster … More

    Report on Venezuela’s Human Rights’ Record Earns Chavez’ Wrath

    After months of lambasting staunch U.S. ally Colombia for its human rights record, the New York-based group Human Rights Watch has published a detailed 236-page report exposing the Venezuelan government of Hugo Chavez’ shabby record with regard to human rights in extensive detail. Describing everything from the marginalization of political … More

    Text of the ACORN Related Provision in Bailout Bill

    By popular demand we are posting the text of the provision in the House bailout bill that requires Treasury to divert 20% of all profits away from taxpayers and to left-wing advocacy groups like the Association of Community Organizations for Reform Now (ACORN). SEC. 105. RIGHTS; MANAGEMENT; SALE OF TROUBLED … More

    Tankosphere Today: Sept. 26, 2008

    Incentives or Investments? – NEI Nuclear Notes Federal subsidies and their role in promoting our national interests have been debated since the earliest days of our nation. Earlier this week, NEI and Management Information Services Inc. released a MISI report that catalogs in exhaustive detail the panoply of federal subsidies … More