Today, the New York Times published the resignation letter of Jake DeSantis, an executive vice president of the American International Group’s financial products unit. In it, Mr. DeSantis describes government mismanagement, broken promises, and the tale of his own upbringing from humble roots. The letter clearly demonstrates the pitfalls of …
Great observation by Michael Barone on Treasury Secretary Timothy Geithner’s latest bank bailout plan: Democrats like Barack Obama and Barney Frank, at least on the campaign trail or in sound bites, have portrayed the financial crisis as the product of deregulation. The solution, they say, is more regulation. … My …
President Obama’s administration just can’t leave well enough alone. First, it couldn’t manage to be respectful to Gordon Brown, the Prime Minister of Great Britain, during his visit. When a State Department official responsible for planning the visit was questioned about this by the Sunday Telegraph, the official’s response was: …
Although talk of the economy predictably dominated President Barack Obama’s news conference last night, his persistent focus has been health care, education and energy. Cap and trade to reduce carbon dioxide and clean energy investment were again the center of attention: When it comes to cap-and-trade, the broader principle is …
Secretary of State Hillary Clinton begins her first trip to Mexico today and Heritage scholars Ray Walser, James Roberts, and Jena Baker McNeill preview what Clinton needs to accomplish: Secretary Clinton needs to demonstrate to President Felipe Calderon and the Mexican people that the U.S. approaches the Mexican drug cartel …
Three weeks ago, Washington and the world were contemplating British Prime Minister Gordon Brown’s ‘Global New Deal,’ and expectations were rising that the G-20 summit in London on April 2 would produce a comprehensive, job-destroying deal on global financial regulations. But inflated expectations always burst – ask the Obama administration …
[youtube]http://www.youtube.com/watch?v=94lW6Y4tBXs[/youtube]In a speech during Prime Minister Gordon Brown’s visit to the European Parliament on March 24, 2009, British Member of the European Parliament Daniel Hannan gives a striking speech directed at his Prime Minister, explaining the pitfalls of liberal borrow-spend-bailout policies. Sound familiar? Instead of DVDs, President Obama should have …
[youtube]http://www.youtube.com/watch?v=hAB1wAXdBZ0[/youtube]
