As baseball season rapidly approaches, we are reminded that between 1990 and today 18 cities have put up government money to help build new stadiums for their baseball teams. All of these government expenditures were justified on the exact same theory that the stimulus bill was: that government spending creates a multiplier effect that makes the taxpayer investment worth it. That tactic clicks every time, just as it did with the stimulus bill. But there’s no evidence that using public money to build stadiums is a sensible economic strategy. A …
Congressman Barney Frank met with reporters recently to further voice support for the $700 Billion TARP allocation while concurrently hinting at the need for defense cuts. In his statement, the Congressman said, “The biggest ongoing threat, I believe, to fiscal sanity in this country is an open-ended ever-expanding military budget.” These remarks are not a huge surprise considering recent rhetoric from our government and military leaders. Within the last month, Secretary of Defense Gates, Chairman of the Joint Chiefs of Staff, Admiral Mullen, and Chairman of the Senate Armed Services …
As destructive as we believe the economic stimulus bill that President Barack Obama signed Tuesday is, the Obama Administration could undo a significant portion of the legislation’s damage today, and this weekend. President Obama will travel to Ottawa today to meet with Canadian Prime Minister Stephen Harper. Also today, Secretary of State Hillary Clinton will travel to South Korea before moving onto China Friday. Obama and Clinton can help avert disaster for America and the world by reassuring our global trading partners that the “Buy America” provisions snuck into the economic …
The supposition that nuclear energy is dangerous is hardly a new story. Although most of the nuclear fear mongering has been subdued through recognition of facts, the anti-nuclear movement continues to spit the same nonsense. Nuclear power releases dangerous amounts of radiation into the atmosphere. Nuclear reactors are vulnerable to a terrorist attack. Nuclear power results in nuclear weapons proliferation. Transporting radioactive materials exposes people to unacceptable risk. Something like Chernobyl will happen again. Wrong. All wrong. But that’s not the point of this post. Such myths are debunked here. …
The London Telegraph reports that Barack Obama has returned a bust of Sir Winston Churchill to the British government. The bronze by Sir Jacob Epstein would be worth hundreds of thousands of pounds, if it were sold on the open market. It was loaned by the British Government to President Bush after the 9/11 attacks as a gesture of solidarity. Obama turned down a British offer to continue the loan. A bust of Abraham Lincoln now occupies pride of place in the Oval Office. Obama’s affection for Lincoln – the …
Tomorrow President Barack Obama will travel and make the traditional first foreign trip of American Presidents as he visits our “Neighbor to the North” – Canada and its leader Prime Minister Stephan Harper. Heritage Scholars James M. Roberts and Ray Walser, Ph. D explain why this trip is so vital for continuing America’s partnership on a number of crucial issues. Canada is one of America’s closest friends, as “reflected in the staggering volume of bilateral trade—the equivalent of $1.5 billion a day in goods—as well as in people-to-people contact. About …
If so, give credit where credit is due. White House spokesman Ben LaBolt told FOXNews.com, As the president stated during the campaign, he does not believe the Fairness Doctrine should be reinstated.” The full story is here. For very good analysis of The Fairness Doctrine, see here and here.
They didn’t support it the first time around and nothing has been done to indicate to Americans that change and sustainability are on the horizon. The Detroit Free Press reports, A new survey shows that 64% of likely voters are opposed to the federal government loaning General Motors Corp. and Chrysler LLC more money. In the survey, taken by Rasmussen Reports, 24% of those surveyed said they favor the government loaning the automakers additional money.” The only thing that is on the horizon is more taxpayer money wasted on handouts …
One of the stated missions of the Obama Administration’s new Recovery.gov website is to: “Provide data that will allow citizens to evaluate the Act’s progress and provide feedback.” Just how accurate is the ‘data’ on this taxpayer funded website? We got a glimpse last week when Politico reported that the “Job Affect” numbers released by the White House simply did not add up. So the Obama Administration claimed that, as a state, California would get 396,000 new jobs under the economic stimulus bill. But when you added the totals up …
Last week we congratulated the Obama Administration for choosing the security of the American people over the bumper sticker slogans of the far left. Today, the New York Times details the Obama Administration’s continued prudence on some key national security issues: During her confirmation hearing last week, Elena Kagan, the nominee for solicitor general, said that someone suspected of helping finance Al Qaeda should be subject to battlefield law — indefinite detention without a trial — even if he were captured in a place like the Philippines rather than in …
