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  • Yearly Archives: 2008

    Sending Arsonists to Fight Fires

    In an Op-Ed peice about the Auto-bailout that appeared in today’s DC Examiner, Lori Roman equated the government bailing out to sending arsonists to fighting fires: One would think that, since the government created the crisis, they should fix it, right? No. They should STOP interfering with the markets, not … More

    Morning Bell: We're About to Have a Jobs Terminator in Washington

    In a taped message shown yesterday to California Gov. Arnold Schwarzenegger’s “Governors Global Climate Summit,” President-elect Barack Obama reiterated much of the same rhetoric from the campaign trail: a federal cap-and-trade system, cutting carbon emissions by 80% by 2020, $15 billion a year in new spending, and 5 million new … More

    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]