Next week, William Tucker will visit The Heritage Foundation to discuss his book: “Terrestrial Energy: How Nuclear Power Will Lead the Green Revolution and End America’s Energy Odyssey.” For a preview of his remarks, check out this debate over at Reason where Tucker makes the case that it is government, not economics, that is preventing a nuclear renaissance. The problem then is much less economics than politics. Both Wall Street and the utilities fear that, as soon as the first proposal comes out of the box, environmental and opposition groups …
Listening to politicians on the left speak about the current financial turmoil, one gets the impression that when President Bush took office in 2001 there was a perfect financial regulatory system in place. Only since then, they claim, has it been systemically destroyed by the Bush administration. Speaker Nancy Pelosi (D-CA) says, “the Bush Administration’s eight long years of failed deregulation policies have resulted in our nation’s largest bailout ever, leaving the American taxpayers on the hook potentially for billions of dollars.” Barack Obama echoed this sentiment in the final …
This fall Pajamas Media launched a new venture called Pajamas TV. Anticipating growth in online video and Internet TV, Pajamas recruited some of the country’s top bloggers to serve as on-air hosts, including Michelle Malkin, Glenn Reynolds of Instapundit, Hugh Hewitt of Townhall, Charles Johnson of Little Green Footballs and John Hinderaker of Power Line. The Heritage Foundation is partnering with Pajamas TV to provide commentary and analysis from our analysts. Earlier today Bill Beach of Heritage’s Center for Data Analysis marked Heritage’s debut on Pajamas TV during an interview …
House Minority Leader John Boehner (R-Ohio) is asking President Bush to immediately block all federal funding for the Association of Community Organizations for Reform Now (ACORN) until the FBI completes its multiple investigations of the group’s suspected voter registration fraud. Boehner said his office has identified more than $31 million in direct funding to ACORN from the federal government since 1998. That number is likely substantially higher because ACORN also received money indirectly from federal block grants distributed by states and localities. In the letter to Bush, Boehner said: It …
It’s the difference “between a fork and a spoon,” John Bolton said at Heritage today. The former U.S. ambassador to the United Nations was clarifying what Barack Obama’s narcissistic fantasy of negotiating with Iran really means. “Negotiating with Iran is not a policy, it’s a technique,” he said. Furthermore, the technique “is hardly a new idea — it’s an old idea that has failed.” Cutlery lessons aside, France, Germany and Britain have negotiated with Iran for the last five years, and all along Iran’s Mahmoud Ahmadinejad has understood that the …
When the facts change, I change my mind. What do you do, sir?” When I hear these no-so-famed words of British economist John Maynard Keynes (he’s more known for, “In the long run, we’re all dead”), I think of Congress. Both Republicans and Democrats have implemented a number of bad policies throughout history and rarely do they have the fortitude to stand up, admit their mistake and repeal policies that waste taxpayer money and have unintended consequences. Tangentially speaking, Keynesian economics makes me gag so it might be the last …
Barack Obama argues that his tax rebates, many of which will go to households paying no income tax will “offset the payroll tax they pay,” and are, therefore, not welfare. But there are two big problems with this line of argument. First of all, Social Security taxes (the main part of payroll taxes, constituting 6.2% out of the total 7.65%) are supposed to go in a special social security trust fund. The program is supposed to play the role of a retirement investment fund, except that some of the wealthier …
The Los Angeles Times has a great story out today about how a team of public school teachers hand selected three students from low-income immigrant families and created their own nonprofit to help get the students into prestigious private high schools. The teacher’s principal, Scott Schmerelson, told the Times: “The LAUSD has great magnet high schools these kids can go to if they wish, and if their parents wish to send them to private schools it’s OK with me too. It’s a wonderful opportunity to go off to a prestigious …
Reason’s Jacob Sullum does a great job applying some good old fashioned common sense to ridiculous lefty claims about “green jobs“: Obama says he will “transform the challenge of global climate change into an opportunity to create 5 million new green jobs,” which he likens to the economic activity triggered by the personal computer. This way of looking at climate change is a variation on the broken window fallacy, according to which the loss caused by a smashed window is offset by the employment it gives the glazier. By the …
Veteran journalist William Tucker recently released his book, “Terrestrial Energy: How Nuclear Power Will Lead the Green Revolution and End America’s Energy Odyssey.” He will be coming to Heritage next Tuesday, Oct. 28, at noon to discuss how nuclear energy can meet our country’s electricity demands and our country’s environmental objectives. Tucker relies on years of research and investigation to help us make sense of America’s energy predicament without the burdens of political pressures or predetermined outcomes. As a result, he maintains that: 1) global warming is a serious threat …
