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  • Monthly Archives: October 2008

    The End of Social Security As We Know It?

    Barack Obama argues that his tax rebates, many of which will go to households paying no income tax will “offset the payroll tax they pay,” and are, therefore, not welfare. But there are two big problems with this line of argument. First of all, Social Security taxes (the main part … More

    Shouldn't More Than Three Low-Income Students Be Able to Go to the School of Their Choice?

    The Los Angeles Times has a great story out today about how a team of public school teachers hand selected three students from low-income immigrant families and created their own nonprofit to help get the students into prestigious private high schools. The teacher’s principal, Scott Schmerelson, told the Times: “The … More

    Obama's Broken Window

    Reason’s Jacob Sullum does a great job applying some good old fashioned common sense to ridiculous lefty claims about “green jobs“: Obama says he will “transform the challenge of global climate change into an opportunity to create 5 million new green jobs,” which he likens to the economic activity triggered … More

    Terrestrial Energy: Nuclear Power and the Green Revolution

    Veteran journalist William Tucker recently released his book, “Terrestrial Energy: How Nuclear Power Will Lead the Green Revolution and End America’s Energy Odyssey.” He will be coming to Heritage next Tuesday, Oct. 28, at noon to discuss how nuclear energy can meet our country’s electricity demands and our country’s environmental … More

    Al Gore Is Racist, Says Columnist

    We’ve never met Al Gore. So how do we know he is racist? Because the Washington Post’s Harold Meyerson told us so. Remember Al Gore wants to save Social Security and Medicare by putting all payroll taxes in a “iron-clad lockbox where the politicians can’t touch them.” How is this … More

    Votes Have Consequences, Too

    Where Chairman Mao believed that all power comes from the barrel of the gun, the late Mayor Richard J. Daley believed that all power comes from the barrel into which precinct totals have been tossed. –David Nyham, The Boston Globe, Dec. 16, 1982 In America, it’s understood that power lies … More

    Morning Bell: The Left's Fraudulent, Embezzling, Illegal Vote Stealing Machine

    Project Vote claims it is a nonpartisan, nonprofit, 501(c)(3) organization. The Association of Community Organizations for Reform Now (ACORN) is also a nonprofit corporation organized under Louisiana law but, since it actively “carries out multiple issue campaigns,” it is a partisan organization that is subject to federal taxation. This election … More

    Obama Undercuts America's Relationship With Colombia

    Free trade has been receiving a bad rap lately. Barack Obama’s campaign has come out in full force against free trade. In addition to clumsily saying he would unilaterally renegotiate NAFTA (much to the chagrin of Canada and Mexico), during the third presidential debate Obama voiced opposition to the Colombian … More

    Pro-Growth Tax Policy, Not a Transfer of Funds, Will Stimulate the Economy

    The House Budget Committee yesterday held a hearing, “Economic Recovery: Options and Challenges.” The headliner of the event, Federal Reserve Chairman Ben Bernanke, caused quite a stir with his near endorsement of a proposed second stimulus bill. However, others who spoke at the hearing, such as Rep. Paul Ryan (R-WI), … More

    The Mortgage Financing Game

    Congress is lining up the list of suspects to assign blame for the financial crisis. However, all of the obvious suspects — the Fed, Fannie and Freddie, mortgage companies, banks and borrowers — have been players in the mortgage market game for years. Why is there a crisis now? Perhaps … More