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  • Monthly Archives: October 2008

    Bigger Government, Higher Taxes and Weak National Defense: New Liberal Agenda Is Actually Old

    With the election still a week away, Congressman Barney Frank (D-MA), chairman of the House Financial Services Committee, is already setting the stage for drastic cuts in defense spending, higher taxes, and bigger government. In a meeting with the editorial board of The Standard-Times, a local Massachusetts newspaper, Rep. Frank … More

    Tankosphere Today: Oct. 27, 2008

    COMSTOCK: Big Labor Power Grab – Washington Times As Americans are focused on the economy, an economic issue of note that has not gotten enough attention is how dramatically the rights of employees in the workplace may change depending upon the presidential and Senate races this year. Support for the … More

    Nice Little Hedge Fund You Have There...

    …it would be a shame if something should happen to it. Gangsters threatening those who fail to knuckle under are rarely so unsubtle as Friday’s letters to two hedge funds from the Chairs of the House Financial Services Committee and its subcommittees. Based on an article in the New York … More

    Crumbling Highways and Excuses for Socialism

    CATO’s Chris Edwards writes: There is much talk of a second economic “stimulus” bill that would send tens of billions of added federal tax dollars to state governments for infrastructure. Senator Obama recently promised “to put two million more Americans to work, rebuilding our crumbling roads and schools and bridges.” … More

    It's Show Trial Season Again

    All this month Congress has been holding hearings supposedly looking into the causes of the financial crisis. As Heritage fellow Brian Walsh explains, the hearings have been less about identifying causes, and more about finding villians: As in past economic crises, some criminal conduct associated with the subprime market has … More

    Not You Pookums

    The Detroit News’ Henry Payne is always a must read but he really hit a home run last week with this cartoon on Fannie and Freddie: (posted with permission from Henry Payne)

    Who's Supervising the Supervisors

    Great editorial by the Wall Street Journal today noting the Department of Justice’s suspiciously selective criteria when it comes to investigating voting issues: Justice has also failed to enter the fray in Ohio. As many as 200,000 new voter registrations in that state are suspect, yet Democratic Secretary of State … More

    It's Not Easy Being Green

    Kermit the Frog poured his heart out when he sang, “It’s Not Easy Being Green.” I couldn’t have said it better myself. In fact, it’s quite costly to be green. But policymakers and environmentalists alike are purporting the ‘Green Revolution’ as the solution to both our financial woes and our … More

    Morning Bell: First They Came for Joe

    On Sunday, Oct. 12, Joe Wurzelbacher was playing football in his front yard with his son Joey when Barack Obama made an unscheduled stop to ask voters for their support in his neighborhood. Wurzelbacher took the opportunity to be a good citizen, and questioned the candidate about his tax policies. … More

    Just One More? Time to Say 'No' to Expanded Treasury Equity Purchases

    The Wall Street Journal is reporting this afternoon that the Treasury Department is mulling the expansion of its bank equity purchase program to cover insurance firms. And other firms in other industries, including non-financial companies, are also asking be included. It should just say no to these ill-considered ideas. The … More