This morning, President Obama signed a Presidential Memorandum that aims to reform government contracting and, he claims, an effort that could potentially save taxpayers up to $40 billion. President Obama is right to ensure that “the American people’s money is spent to advance their priorities, not to line the pockets …
Is President Obama’s economic policy preventing the economy from recovering? The Wall Street Journal thinks so. Tuesday’s editorial notes, After five weeks in office, it’s become clear that Mr. Obama’s policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to …
Expectations for Prime Minister Gordon Brown’s address to the joint meeting of Congress this morning were low. His visit so far has been devoid of highlights. His joint press conference with Obama on Tuesday was canceled, supposedly because of the weather, which was a snub Tony Blair never endured. At …
The decision in the blockbuster case of Wyeth v. Levine is just out, and Lyle Dennison’s early commentary is here. To summarize: In an opinion by Stevens, joined by Kennedy, Souter, Ginsburg, and Breyer, the Court held that FDA approval of a drug’s labeling does not preempt state-law failure-to-warn claims. …
We just finished watching President Barack Obama’s press conference on his plan to save taxpayers $40 billion a year by reforming government contracting. And with apologies to the Wendy’s franchise, “Where’s the beef?” There was zero substance in that speech. Not one specific idea for exactly how he will achieve …
The AP reports: “President Barack Obama’s Treasury secretary says the administration will unveil a series of rules and measures in the coming months to limit the ability of international companies to avoid U.S. taxes. ” We only ask because: January 7, 2009: “But even an experienced financial expert like [Nancy] …
Dangerous currents advocating protectionism are alive and well on both sides of the Atlantic. A “Buy American” clause in the latest U.S. stimulus package may have been eased to avoid violation of bilateral trade agreements, but its protectionist intentions remain. But the European Union is in no position to lecture …
