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  • Yearly Archives: 2008

    Chapter 11 Bankruptcy Was Invented for GM

    Bankruptcy expert and George Mason University School of Law professor Todd Zywicki makes a concise case for why GM must enter bankruptcy before the federal government gets involved: GM (or the others, but I’ll use GM to illustrate the point) presents an unusually good case for Chapter 11 reorganization. GM … More

    Morning Bell: Americans Deserve the Health Care Congress Has, Not Health Care Run by Congress

    When selling his vision for health care reform to the American people, President-elect Barack Obama promised: “I will establish a new national health plan, similar to the plan available to federal employees and members of Congress, that gives every American the opportunity to buy affordable health coverage.” The Heritage Foundation … More

    Video: Gattuso on Hardball with Chris Matthews

    Heritage Senior Research Fellow James Gattuso appeared on Hardball with Chris Matthews last night to talk with Pat Buchannan about the auto bailout. Gattuso has also written about the bailout.  [youtube]http://www.youtube.com/watch?v=GnOV8okhQgA[/youtube]  In the interview Pat Buchanan stated Heritage is completely subsidized. … You get all this money from big fat corporations. … More

    Democrat Leadership Drops All Pretense of Fiscal Restraint

    With Election Day not yet a month past, the Democrat’s promise of fiscal responsibility has already been ditched. Wednesday, The Hill newspaper reported: Even the most ardent deficit hawk among House Democratic leaders says the cost of overhauling the nation’s healthcare system will be heaped on top of the snowballing … More

    Tankopshere Today: Nov. 20, 2008

    Ann Curry Cites Gross ‘Mis-Example’ of Climate Change – NewsBusters.org The glacier on Mt. Kilimanjaro is melting. If you were watching NBC “Nightly News” Nov. 19 you probably would think that ice is declining because of “climate change.”… Auto Industry Aid Deal Reached; Waxman Ousts Dingell – Shopfloor.org WASHINGTON (Reuters) … More

    Protectionism Promotion

    There are already so many good reasons Congress should deny the Big Three a bailout, but the cost it will inflict on America’s free trade leadership could be the most dire. The Wall Street Journal’s Matt Slaughter writes: Will a U.S.-government bailout go ignored by policy makers abroad? No. A … More

    Science Still Not So Settled

    Earlier this week, President-elect Barack Obama told a crowd of globe trotting jet setters in Beverly Hills, “The science is beyond dispute, and the facts are clear.” Obama was referring to all the doom and gloom scenarios the enviro/left spews about the dangers of global warming. Obama is a busy … More

    Video: The Economic Costs of the EPA's ANPR Regulations

    Senior Policy Analyst Dave Kreutzer discusses the economic cost of the proposed regulations of the EPA. You can make a difference. The Heritage Foundation has set up a Web site called StopEPA.com and we are encourageing everyone to visit the site and submit a comment to the EPA to let them … More

    A Plan a Day Keeps Investors Away

    Earlier this week we documented how Treasury Secretary Hank Paulson’s erratic behavior has become perhaps the single most disruptive force in the global economy. But he is just one of many government actors throwing more uncertainty into an already volatile marketplace. Federal Deposit Insurance Corporation Chairwoman Sheila Bair has been … More

    Morning Bell: The Perpetual Bailout Machine

    Failure is a part of U.S. business culture. That is why Americans feel extremely comfortable buying tickets from bankrupt airlines, electronics from bankrupt retailers, and apartments from bankrupt builders. To paraphrase a popular bumper sticker: bankruptcy happens. Bankruptcy does not have to be the end for any business. Instead bankruptcy, … More