Barack Obama has spent more money on political advertising than any campaign in history. In the case of his 30-second spot, “Try This,” we’d like the Democrat presidential to try honesty instead. The misleading and false ad suggests The Heritage Foundation supports his tax plan. Nothing could be further from …
Reporting on the latest incarnation of the Wall Street Bailout, The New York Times managed to discover the concept of moral hazard today: As the Treasury Department prepares a $40 billion program to help delinquent homeowners avoid foreclosure, it confronts a difficult challenge: not making the plan too tempting to …
Midnight Regulations? If ‘Midnight’ Means December 2006 – Shopfloor.org The Washington Post publishes today as its lead, page one story, “A Last Push to Deregulate” with a subhed, “White House to Ease Many Rules.”… Global Warming: No Kumbaya, Yet – InsiderOnline Global warming was supposed to be such a dire …
Perhaps the oddest reaction to the financial meltdown and looming recession comes from environmental activists and bureaucrats who see it as a rationale to transform the economy along green lines. They argue that the old brown economy has shown itself to have reached the point where it no longer generates …
Just last week, Heritage analyst Rea Hederman published a paper comparing John McCain and Barack Obama on taxes, concluding: “Senator McCain’s plan is substantially better at spurring economic growth than Senator Obama’s. This is not surprising, since Senator McCain focuses on economic growth and job creation while Senator Obama focuses …
This week Argentina’s leftist president, Christina Kirchner, announced she would move forward with her plan to seize the nation’s private pension funds. Kirchner claims government seizure of the funds is needed to protect Argentinians from the global market crisis. But most observers believe her real motive is to use the …
Congress is expected to vote on a stimulus package after the election. This package may include various spending increases including funding for infrastructure, and bailouts for states facing budget shortfalls. Unfortunately, proposals made thus far are emblematic of a failed approach. Increased spending, whether it is in the form of …
