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  • Monthly Archives: May 2009

    The Cloakroom: May 18 - May 24

    A a look at what happened last week, and what is coming up this week, on Capitol Hill Senate: Last week – began debate on the credit card bill This week – will finish the credit card bill and pass the Iraq and Afghanistan war supplemental House: Last week – … More

    Obama's Man in Beijing

    It is nice that the President is reaching across the aisle for an Ambassador to the People’s Republic of China. Foreign policy should be bi-partisan. It is a demonstration to the Chinese that there is more that unites Americans than divides us. The selection of Utah Governor Jon Huntsman Jr., … More

    Words of Warning from 1940

    Herbert Hoover was no laissez-faire president like Calvin Coolidge, however he did respect the constitution, and he never was willing to go as far as Franklin Roosevelt. He made a speech just before Roosevelt’s election to a third term, in which he made some salient points—ones we would still be … More

    New York Times Reports Half The Story in Afghanistan

    On today’s front page, the New York Times goes to every effort to recreate the narrative of Mai-Lai in Vietnam, only this time in Afghanistan. Unfortunately, they do so with only half the story. This much we think we know: One night last week, American forces in the middle of … More

    Obama's Tax Hikes Already Hurting the Poor

    Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes. – then-candidate Barack Obama, 9/12/2008. President Obama has signed a bill extending health coverage … More

    The $4300 Energy Tax

    There have been a lot of numbers floating around measuring the costs of cap and trade. For instance, a study by MIT professor John Reilly shows a carbon cap and trade would cost the average American household $3,900 a year. $800 of that figure comes from, according to Reilly, “the … More

    Nancy Pelosi or Captain Renault? You Be the Judge

    [youtube]http://www.youtube.com/watch?v=-Gf8NK1WAOc[/youtube] Speaker Nancy Pelosi’s press conference yesterday reminded a friend of ours of a particular scene from Casablanca.  The great Claude Rains was nominated for an Oscar for this role.  Will the Speaker be so honored by the Academy?

    Global Warming Regs Will Hand Our Children a Lower Standard of Living

    We’re mortgaging our children’s future. We’ve heard that phrase time and time again. President Obama used it just yesterday acknowledging that the U.S. debt load is “unsustainable”, saying, “We can’t keep on just borrowing from China. We have to pay interest on that debt, and that means we are mortgaging … More

    Video of the Week: Peter Brookes

    [youtube]http://www.youtube.com/watch?v=O769ekeq6TA[/youtube]

    Paulson and the Banks: What an Offer You Can’t Refuse Looks Like

    Ever since the results of the government’s stress tests were released, banks across the country have been rushing to escape from their TARP traps. Now comes more details on how they got snared to start with. Documents made public this week by the Treasury Department – pursuant to a Freedom … More