Defending the ever ballooning size of the Obama Administration’s proposed economic stimulus package, Obama’s soon to be White House economic adviser Lawrence Summers told Bloomberg: “There is not going to be any spending money for the sake of spending money.” Oh, really? First let’s dispose of the complete fantasy that …
Former Sen. Fred Thompson (R-TN) offers his blunt assessment of the $850 billion stimulus package that congressional liberals and President-elect Barack Obama have suggested to boost the economy. Thompson says this about the much-ballyhooed infrastructure spending: “My favorite stimulus idea is to give everybody who needs a job a shovel. …
This morning the President announced that his Administration, acting unilaterally after Congress declined to intervene, will bail out the auto industry to the tune of $13.4 billion now, another $4 billion in February, and who knows how much thereafter. What a terrible proposal! First of all, this is a bailout, …
From the Detroit Free Press: Purpose: The terms and conditions of the financing provided by the Treasury Department will facilitate restructuring of our domestic auto industry, prevent disorderly bankruptcies during a time of economic difficulty, and protect the taxpayer by ensuring that only financially viable firms receive financing. Amount: Auto …
President-elect Barack Obama angered gay groups this week by choosing “Purpose Driven Life” author Rick Warren to give the invocation at Obama’s inauguration ceremony. Despite the fact that Obama and Warren have the exact same position on same-sex marriage, gay leaders like Human Rights Campaign president Joe Solmonese object to …
Being raised by two married biological parents has considerable benefits for a child. By contrast, simple cohabitation by biological parents is highly unstable and does not deliver significant long-term benefits. On the other hand, sequential cohabitation by single mothers with men unrelated to the child can actually prove harmful to …
Never do anything against conscience, even if the state demands it.—Albert Einstein Individual liberty is elemental to what is means to be an American. But in recent years the personal liberty and freedom of conscience of our doctors, nurses, and pharmacists have been threatened. Although “conscience clause” protections have been …
Apparently not: Electricite de France SA and Constellation Energy Group say they want Exelon to join their UniStar Nuclear Energy development venture. After being ranked in the lower tier for federal loan guarantees, Exelon said it is seeking a reactor design more proven than the GE Hitachi Economic Simplified Boiling …
