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  • Monthly Archives: October 2008

    Morning Bell: Bring Honesty Back to War Funding

    When Treasury Secretary Henry Paulson first announced his $700 billion Wall Street rescue plan, Sen. Chuck Schumer (D-NY) promised: “We will not Christmas-tree this bill. The times are too urgent. Everyone has their own desires and needs. It’s going to have to wait.” So how did Congress live up to … More

    Tankosphere Today: Oct. 6, 2008

    Lehman Bros hearing — Rep. Maloney Blames Deregulation, Ignores Her Own Role as Fannie’s Enabler – OpenMarket.org At the hearing being held today by the House Oversight and Government Reform Committee, in which former Lehman Brothers CEO Dick Fuld is now testifying, an earlier panel attempted to look at the … More

    Nuclear Energy: Can You Dig It?

    They told us how it was so big in the ’70s and is just now picking back up, and I was very interested.” Fortunately for all of us, University of Tennessee student Jackie Young isn’t talking about disco. Also fortunately for all of us, she’s talking about something that will … More

    "They Had a Blank-Check from the Federal Government"

    The left really has no idea what free markets are. Witness Washington Post columnist Harold Meyerson who wrote a column last week blaming the current credit crisis on ‘unregulated capitalism’ and ‘laissez faire’ policies. According to Merriam-Webster, ‘laissez faire’ means: “a doctrine opposing governmental interference in economic affairs beyond the … More

    Buying Indulgence from the Church of Gaia

    The stock market is down, the credit market is frozen, the real estate market is tanking … the end is near! Despite all these bad economic signs, one market, according to The Washington Post, is actually doing quite well: the carbon offset market. Never mind that just about every neutral … More

    The Left's Crony Capitalism Hits 'Saturday Night Live'

    It’s not often we get to wholeheartedly endorse a Saturday Night Live skit, but from beginning to end this spoof of a post Wall Street bailout conference has at all: *****NBC HAS REMOVED THIS VIDEO FROM THEIR WEBSITE. NO EXPLANATION HAS BEEN GIVEN.***** Not only does SNL make mention the … More

    This Week in Washington: Oct. 6, 2008

    There are several issues in Washington this week following the passing of the Bailout legislation. Here are some key issues to be aware of this week: Congress passed a massive Continuing Resolution to fund the government for the next year and inserted some ridiculous earmarks and special interest projects. Some … More

    Morning Bell: Who Will Defend Free Markets?

    If you thought passage of last week’s $700 billion Wall Street bailout meant Congress would get out of Washington, you’re not that lucky. Determined to pin the credit crunch on free markets, Chairman Henry Waxman (D-CA) has announced a whole month’s worth of hearings in the House Oversight and Government … More

    Straw Polls, Straw Men at Box Office

    Sarah Palin maybe forgot to mention this in the debate, but we’re sort of having a pop culture election a month before the presidential one. This weekend, movie lovers have one of those rare opportunities to tell Hollywood they want to see more films that honor America’s traditional values and … More

    Does Free Market or Government Concentrate Power in the Hands of Elites?

    Robert Lawson has a great post at Division of Labor exploring the relation between power, free markets, and government: Let’s explore this point a bit by comparing the concentration of financial power in the hands of the 535 members of the United States Congress with the concentration of financial power … More