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  • Yearly Archives: 2008

    Propping Up a Failing Auto Industry

    According to the latest news, the only obstacle remaining to complete a merger between General Motors and Chrysler is $10 billion in taxpayer money. Jui Chakrovorty Das and Kevin Krolicki detailed that GM and Cerberus Capital Management, the owner of Chrysler “have resolved the major issues in a proposed GM-Chrysler … More

    The Government Does Not Create Jobs, Rep. Mica

    During yesterday’s House Transportation and Infrastructure Committee Rep. John Mica (R-FL) claimed: “Every billion dollars in spending on infrastructure, on highway and transportation expenditures does result in 35,000 new jobs.” Too bad Mica wasn’t listening to the Ways and Means Hearing across the hall where economist Alan Viard told the … More

    Clean, Safe Energy - and lots of it!

    Earlier this week, The Heritage Foundation hosted Veteran journalist William Tucker, who recently released his book, “Terrestrial Energy: How Nuclear Power Will Lead the Green Revolution and End America’s Energy Odyssey.” The event is available for viewing here. Windmills, solar collectors and geothermal plants can make a small contribution at the … More

    Morning Bell: Stop Digging

    Since it appears more and more likely that Congress will approve another economic stimulus package within the next couple of months, every special-interest group under the sun is swarming Capitol Hill for handouts. Yesterday it was the nation’s governors turn as Govs. David Patterson (D-NY) and Jon Corzine (D-NJ) came … More

    Performance-Based Pay for Education

    On Google’s Knol site, Heritage senior policy analyst Dan Lips and Joydeep Roy, Lawrence Mishel and Sean Corcoran from the Econimc Policy Institute and New York University are debating whether there is a place for performance-based teacher compensation in our public school system. Roy, Lawrence and Mishel argue that it’s difficult to … More

    Did Over-Regulation Cause the Market Meltdown?

    This week “60 Minutes” highlighted an obscure statute that some say is at the root of the recent market meltdown: the Commodity Futures Modernization Act of 2000. The CFMA exempted certain derivatives from existing state and federal regulation. But “60 Minutes” failed to ask the most interesting question: Why was … More

    Tankosphere Today: Oct. 29, 2008

    My Apologies to the Swiss (Hold Firm Against OECD Meddling) – OpenMarket.org Last week, the German government said that Switzerland should be placed on the international blacklist for tax havens. Really? That is, according to Peer Steinbruck (German finance minister)… Card Check: How Would It Stimulate the Economy? – Shopfloor.org … More

    Consequences of Obama Tax Plan: Slower Output, Job Growth

    The Heritage Foundation recently published an evaluation of the candidates’ tax plans. This analysis assumed the tax reductions of 2001 and 2003 expired on schedule, or at the end of 2010, and that each tax plan reacted to what would be a very large tax increase if Congress and the … More

    More Help for the Auto Industry? Just Say No

    General Motors wants to merge with Chrysler. Doesn’t sound so bad, right? Turning Detroit’s Big Three into the Big Two might be just the remedy for an ailing U.S. auto industry. Maybe not. But that’s not the problem. The problem is how GM is proposing to merge with Chrysler — … More

    Obama Continues Airing False Ad

    Barack Obama’s campaign continues to air a false and inaccurate TV ad that misrepresents the views of The Heritage Foundation. After formally requesting yesterday that the campaign pull its ad touting the candidate’s tax plan, neither Heritage nor our attorney have heard from Obama’s campaign (although a campaign spokesman issued … More