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  • Monthly Archives: May 2009

    Legalization Won’t Save Social Security

    Kiplinger has a post up today discussing the most recent attempt to paint an amnesty as an economic stimulus. This time the focus is on Social Security. Mark Willen argues that somehow this almost broke system would be saved if only we would bring the 11 million illegal immigrants here … More

    End TARP and End the Stimulus

    Earlier this month the Treasury Department found that all 19 banks subject to government “stress tests” passed. Now this past Sunday, White House Director of the Office of Management and Budget Peter Orszag announced that: “The freefall in the economy seems to have stopped.” Economic catastrophe was the only rational … More

    Doomed to Repeat Energy Tax History? (Part 8 in a 10-Part Series)

    A national energy tax, which masks as a cap-and-trade program, could produce a substantial public backlash. According to a recent CNN poll, a majority of Americans already believe that such a job-killing energy tax that produces little or no environmental gain is not a good idea. This is not the … More

    Webb on Obama Administration: "They've said a lot of things"

    This Sunday on This Week, Sen. Jim Webb (D-VA) echoed a point we’ve been making for months: Guantanamo Bay is a distraction. The real issue is how to best establish a system for holding accountable and incapacitating terrorists in a detention framework that is lawful, durable, and internationally acceptable. Or … More

    Bad Regulation, Not Deregulation, Caused Financial Crisis

    Harvard University professor Niall Ferguson writes in the New York Times: Human beings are as good at devising ex post facto explanations for big disasters as they are bad at anticipating those disasters. It is indeed impressive how rapidly the economists who failed to predict this crisis — or predicted … More

    Politics of Cap and Trade Just Cost You $2 Trillion

    The New York Times reported Saturday: How did cap and trade, hatched as an academic theory in obscure economic journals half a century ago, become the policy of choice in the debate over how to slow the heating of the planet? … The answer is not to be found in … More

    Obama's Debt Gamble

    The Washington Post’s Robert Samuelson writes: From 2010 to 2019, Obama projects annual deficits totaling $7.1 trillion; that’s atop the $1.8 trillion deficit for 2009. By 2019, the ratio of publicly held federal debt to gross domestic product (GDP, or the economy) would reach 70 percent, up from 41 percent … More

    Daalder's To Do List

    Ivo Daalder was sworn in last Friday as United States Ambassador to NATO, and will be responsible for handling America’s most important multilateral alliance at a time when it is facing serious challenges. To confront these challenges and uphold U.S. interests within the alliance, Ambassador Daalder should adopt the following … More

    Morning Bell: The Costs and Benefits of Waxman-Markey

    Today the House Energy and Commerce Committee will begin a multi-day markup on the Waxman-Markey energy tax bill. Committee Chairman Henry Waxman (D-CA) has been busy lobbying his own caucus for the necessary 30 votes to get the bill out of committee for weeks, but the bill’s fate is still … More

    Moving Beyond Aid: The Need To Rethink Congo Policy

    In today’s Wall Street Journal, Cindy McCain (wife of Senator John McCain) makes a heartfelt call for the U.S. to increase its support and aid for the victims of chaos in eastern region of the Democratic Republic of the Congo. After giving a broad description of the great suffering occurring … More