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  • Monthly Archives: December 2008

    Video: This Week in Washington Dec. 8-12

    [youtube]http://www.youtube.com/watch?v=cyPQ5ARVzOo[/youtube] Automakers or on the Hill this week making their case for a taxpayer sponsored bailout bill. Heritage’s James Sherk wrote a paper on why Bankruptcy would be the best option by allowing them to reorganize. The new 621 Million Dollar Capitol Visitor Center opened last week and it gives a one-sided, … More

    Tankosphere Today: Dec. 9, 2008

    Unbelievable Gall from the New York Times - OpenMarket.org As economists and the Wall Street Journal have noted, the Community Reinvestment Act was an important ingredient of the financial crisis, by pressuring banks to make risky loans to people in low-income, predominantly-minority neighborhoods… Sanford Proposes to Vastly Improve South Carolina’s Business Tax … More

    Government Spending Is Never the Answer

    A Christian Science Monitor article this morning argues that Roosevelt didn’t spend enough to jolt economy into recovery. Only when spending skyrocketed for World War Two did the economy recover (unemployment finally dropped, of course this was because everyone was mobilized either as soldier or to support the war effort … More

    Two Stories about the Same Thing

    December 8, 2008: Illinois Gov. Rod Blagojevich (D) orders state agencies to stop doing business with Bank of America until it reinstates a line of credit for the company Republic Windows and Doors to either keep operating or provide severance and vacation pay to employees. On December 2, the company … More

    Is Al Gore Ever Right About Anything?

    This summer Al Gore desperately tried to stay relevant by claiming the U.S. could produce all its energy needs from wind, sun and other ‘clean’ sources (not nuclear, though, Gore hates nuclear) within 10 years. Gore insisted this was technologically possible if only “a new political environment” could be adopted … More

    Money May Not Grow On Trees...

    …but one could argue it is buried under ground. Yesterday ICF International released a study showing that the development of domestic oil and natural gas resources that have been kept off-limits by Congress could generate more than $1.7 trillion in government revenue. The ICF study examined the possible development of … More

    Morning Bell: 'We Don't Want Government to Run Companies'

    Sunday on NBC’s “Meet the Press,” President-elect Barack Obama told Tom Brokaw, “We don’t want government to run companies. Generally, government historically hasn’t done that very well.” Obama is right. Government has a miserable record as a corporate manager. We shouldn’t want politicians or federal bureaucrats managing private companies. Unfortunately, … More

    The Auto Bailout: A Lesson from the Russians?

    Not only can we learn from the Russians, the Russians can learn from themselves. This comes from Marginal Revolution: One headline reads: Detroit Bailout is to Bring on U.S. Oversight The other reads: In Hard Times, Russia Moves to Reclaim Private Industries The Russian automobile sector, however, appears to be … More

    Tankosphere Today Dec. 8, 2008

    Top 10 Outrageous Earmarks – TIME $2 Million for Children’s Wooden Arrow Makers. The passage of the economic bailout bill in October 2008 was viewed as a necessary evil by many reluctant politicians on both the left and the right, but the subsequent revelation of earmarks legislators stuffed in it… … More

    "Blatant Religious Hatred" in California

    Just before the elections, The Heritage Foundation published a paper I wrote about how redefining marriage to include same-sex unions would threaten religious liberties and foster a climate of contempt for people who continue to believe marriage involves a man and a woman. As the paper explains, once courts conclude … More