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  • Monthly Archives: February 2009

    Towards Security in Pakistan and Afghanistan

    National Journal is hosting an informative online forum this week on the Obama Administration’s strategy in Afghanistan. Heritage’s James Carafano identified the main points of a good strategy: Have the Pakistanis deal with the terrorist threat in their tribal areas, while Coalition forces defeat them in Afghanistan. Work to lessen … More

    Building a Foundation for Budgetary Failure

    The title to President Obama’s budget refers to a new era of responsibility. Responsible budgeting begins with credible economic forecasts. The Obama economic forecast doesn’t merely reflect the return of the famous Rosey Scenario, but puts Rosey in fantasyland. Don’t take my word for it, just look at the numbers … More

    Neighborhood Destabilization Act: H.R. 1106

    “Helping Families Save Their Homes Act”? Or Neighborhood Destabilization Act: Allows bankruptcy judges to reduce the principal owed on a mortgage, a practice often referred to as a “cramdown.” Judges would be able to reduce interest rates or lengthen the term of the mortgage. H.R. 1106: It actually achieves opposite … More

    About that $318 Billion Tax Hike

    According to the Washington Post, President Obama plans to create a new health care trust fund that will cost $634 billion over ten years. The money for this fund will be generated by a massive tax increase on those earning over $250,000 in income. The Administration estimates that a total … More

    Subsidizing Media Studies Degrees Will Not Help the Economy

    Amidst the flurry of programs and initiatives that President Obama announced last night, one particularly unwise one has escaped substantial notice: his call for “America [to] once again have the highest proportion of college graduates in the world” by 2020. The experience of Britain since 1999 with a very similar … More

    Some Needed Climate Perspective

    Here is the world temperature diagram from the Hadley Center that some think projects a catastrophic warming (this projection was easier to believe before the cooling of the last several years). The trough-to-peak temperature change from 1910 to 2005 is about .9 degrees C. This is a diagram from our … More

    Obama Launches Foolish Assault on U.S. Companies

    In his remarks to Congress Tuesday night, President Obama repeated a liberal clarion call to eliminate a tax incentive for U.S. businesses to invest and move jobs overseas. Most Americans surely have no idea what he’s talking about. And most Americans would surely oppose any tax provision that would encourage … More

    Heritage at CPAC

    While some politicians in Washington seem to have discovered the issue of “fiscal responsibility” yesterday, Rep. Paul Ryan (R-WI) has a long and courageous track record of tackling the long-term unfunded liabilities of Social Security, Medicare, and Medicaid. That is why Heritage Foundation President Ed Feulner is honored to introduce … More

    Cold War What?

    The more I think about the line from president’s speech that he will save money by “not paying for Cold War-era weapons systems we don’t use,” the more I can’t figure out what he could possibly mean. There are Cold War weapons we have not used—nuclear weapons. It is a … More

    Morning Bell: Another $275 Billion Down the Drain

    The House of Representatives is set to vote on a bill today that would round out the legislative authority necessary for President Barack Obama to institute his $275 billion mortgage bailout plan. Taken together the plans three main components (enabling some select borrowers to refinance their loans through Fannie Mae … More