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  • Monthly Archives: November 2008

    High Long-Term Unemployment No Surprise

    Congress is considering increasing the length of time unemployed workers can collect unemployment insurance (UI) benefits. Normally unemployed workers can collect UI benefits for up to 26 weeks. Congress changed the law to allow 39 weeks of benefits. Now many in Congress want to allow 46 weeks of benefits. One … More

    Tankosohere Today: Nov. 18, 2008

    Adolescent Behavior Problems and Family Structure – FRC Blog In the latest Mapping America, federal surveys show that adolescents who live with both biological parents are less likely to have behavior problems at home and school than those who do not… Obey GE – OpenMarket.org This is “Green Week,” NBC’s … More

    Just Say No to the Medicaid Bailout

    Senate leaders are preparing yet another big bailout package, this time for states in the form of increased federal matching rate for the $350 billion Medicaid program. If enacted, this would be the second time in less than ten years that Congress provided a “temporary” increase in the federal Medicaid … More

    Disturbing Auto Industry #s

    Lynne Kiesling highlights these daunting numbers from David Yermack’s WSJ piece: • GM and Ford are two companies that made the most money-losing investments in the 1980s; between them they “destroyed $110 billion in capital” in the decade, according to an analysis from the careful and renowned economist Michael Jensen. … More

    MySpace Trial Sets a Dangerous Precedent

    Jury selection begins today in the trial of Lori Drew, indicted by federal prosecutors for using false information to create a MySpace account. Yes, that’s right: she’s not charged (pdf) with “cyber-bullying” or harassment or even causing the death of Megan Meier, the teen who committed suicide after she received … More

    Bailouts for Future Millionaires

    Is there nothing the liberals on Capitol Hill will not throw money at? MIT Professor Andrew Lo testified before the House Oversight Committee last week on the increasing gap between pay for finance and engineering graduates (hint, there is money in finance kids!). Not content to let high salaries solve … More

    The $100,000 Guantanamo Question

    This Sunday Barack Obama repeated his promise to close Guantanamo. Since the media is still coddling their favorite son, CBS’s Steve Kroft did not bother to ask how. As Heritage Senior Legal Fellow Charles Stimson tells the Christian Science Monitor, it is the how that is the hard part: “It … More

    Video: Bankruptcy, Not a Bailout, Is a Better Option for Automakers

    Heritage Senior Research Fellow James Gattuso explains what happens when bankruptcy is declared and why it is a better option for Detroit Automakers [youtube]http://www.youtube.com/watch?v=6wKGODqsZ2o[/youtube]

    These People Deserve a Bailout?

    This week Capitol Hill is focused on bailing out the Big Three auto makers. But come January throwing money down the Detroit money hole will just be one of many schemes the Obama administration and his liberal majorities in Congress will be pushing. Sen. Chris Dodd (D-CT), of Countrywide Financial … More

    Auto Bailout: Stuck in Neutral

    Congress is facing a few road bumps during this lame duck session to pass any legislation. The Omnibus Lands Bill that restricts energy exploration has been put on the backburner, at least for now, to make room for a vote to bail out Detroit. The good news is Democrats and … More