The Wall Street Journal reports: A massive natural-gas discovery here in northern Louisiana heralds a big shift in the nation’s energy landscape. After an era of declining production, the U.S. is now swimming in natural gas. Even conservative estimates suggest the Louisiana discovery — known as the Haynesville Shale, for …
Conservative supermarket tycoon Ricardo Martinelli resoundingly won Panama’s presidential election Sunday with more than 60% of the vote. Already Martinelli is pushing for a free trade deal with the United States. Heritage fellow Ray Walser puts the victory in context: The Martinelli victory breaks the Latin Left’s 2009 electoral winning …
Addressing Congress on the State of the Union, President Ronald Reagan told the American people in 1982: Our citizens feel they’ve lost control of even the most basic decisions made about the essential services of government, such as schools, welfare, roads, and even garbage collection. And they’re right. A maze …
Global warming skeptics are quick to point out the exorbitant costs of global warming legislation because they are, well, exorbitant. The $1.9 trillion of tax revenue generated over eight years from a cap-and-trade bill would still be larger than the $1.5 trillion from NASA, the New Deal, and Hurricane Katrina. …
As this video makes clear, the dulcet tones of President Obama’s education policy may have been music to the ears of liberals and some conservatives alike, but the D.C. voucher issue has proven that the President’s grand declaration about how Education Secretary Arne Duncan should make decisions is merely vapid rhetoric. Heritage …
President Obama’s new corporate tax proposals cover two issues: tax evasion and tax punishment. He may have it half right. The tax evasion part is relatively easy. When U.S. taxpayers maintain foreign accounts with foreign financial institutions, Obama wants the financial institution to tell the Treasury about the accounts in …
Commenting on the White House’s Chicago-style negotiations with Chrysler’s creditors, The Atlantic‘s Megan McArdle writes: [W]hen did it become the government’s job to intervene in the bankruptcy process to move junior creditors who belong to favored political constituencies to the front of the line? … these people lent money under …
Under the header “It’s All On Obama Now” Los Angeles Times columnist Peter Nichols writes: Every president inherits a tangle of problems from his predecessor. War and recession, natural disaster and foreign crises. And for some undefined interval, new presidents argue that they should not be accountable for the troubles …
