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  • Yearly Archives: 2008

    Tankosphere Today: Oct. 2, 2008

    The Union Agenda – The Next Right There will be many sad and deplorable stories to come out of this bailout farce. One of them has been the brazen opportunism of the Labor Unions. The magnanimous bailout proposal from the Service Employees International Union (SEIU) was, in fact, just a … More

    An Increased Range of Tools to Fight the Economic Crisis

    The economic rescue package that the House will vote on tomorrow provides federal regulators with a broader array of tools to fight the economic problems facing the nation than the version that was defeated Monday. As the effects of the crisis continue to spread, these additional tools are likely to … More

    Car Sales Plunge: Who’s to Blame?

    Automobile sales have plummeted across the board for the month of September. Not only were sales down for Chrysler (33%), General Motors (16%) and Ford (34%), but Asia-based brands Toyota, Honda and Nissan fell 30% over the course of the month. Sales in European and Asian markets are down as … More

    European Banks Expose the Left's Deregulation Myth

    As the current financial crisis unfolds, the left has consistently tried to pin the blame on “deregulation” amorphously and President Bush specifically. So, for example, on the campaign trail Barack Obama blames the financial crisis on “ the Bush administration, Republican party and John McCain for pushing a culture of … More

    Hypocrisy Matters

    Al Gore’s blatant hypocrisy when it comes to emitting carbon has been well documented. Now new research out of England has shown that “even the most committed environmentalists – identified by green trademarks such as shopping ethically, installing water and energy saving appliances and recycling … aren’t willing to reduce … More

    How the FDIC Cap Makes the Rescue More Effective

    Two stories in The New York Times today demonstrate why the increase in the level of deposits the FDIC can guarantee (from $100,000 to $250,000) will help address the spreading financial crisis. First, on the importance of small businesses to the U.S. economy: Small businesses in America — the 27 … More

    Morning Bell: Economy Needs Natural Resource Development Now

    Last night the Senate passed a $700 billion rescue for the credit crunch that is beginning to hurt small businesses. The House is set to vote tomorrow on the package and the new FDIC fixes, which will likely win enough votes for final passage. But the plan is hardly a … More

    Bell Ringers

    A round-up of Op-Eds from the Heritage Foundation India: A Land on the March – Ed Feulner As The Heritage Foundation’s “Index of Economic Freedom” shows each year, more economic freedom (an open economy operating under the rule of law) generates more economic growth. That, in turn, means a higher … More

    Tankosphere Today: Oct. 1, 2008

    A Blueprint for Securing America’s Energy Future – NEI Nuclear Notes The Institute for 21st Century Energy, an affiliate of the U.S. Chamber of Commerce, released its Blueprint for Securing America’s Energy Future [PDF] earlier today, calling for the significant expansion of nuclear power in the U.S. The Institute made … More

    FDIC Fixes Improve Rescue's Effectiveness

    It appears that the Senate is already on the road to improving the financial rescue package that the House of Representatives rejected earlier this week. The biggest change in the Senate version of the bill is an increase in FDIC insured deposits, which would rise to $250,000 from $100,000. This … More