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  • Monthly Archives: June 2009

    China's Pornography and Politics Blocker May be Stolen

    Only in China…. You may have already heard that manufacturers selling personal computers in the PRC will now be required by the Chinese government to install a software program called Green Dam to filter out pornography and sexually explicit material. As could have been easily predicted, a couple of days … More

    Orbitz Should Stick to Cheap Flights; Abandon Cheap Advocacy

    In case you missed it, Orbitz is not limited to simply booking flights and hotel accommodations anymore. It has also become a passionate advocacy group. In a heartfelt letter to its loyal customers, Orbitz called for an end to the US-Cuban embargo and immediate normalizations with the Caribbean island. On their … More

    Morning Bell: Reality Begins Bursting Health Care Hype

    Yesterday the non-partisan Congressional Budget Office (CBO) released a preliminary analysis of the Kennedy-Dodd health care plan, and the results were truly frightening. Assessing just Title I of the draft legislation, CBO estimated the plan would add $1 trillion to the federal deficit while only extending health insurance to a … More

    Temporary Tax Rebates Do Not Stimulate Economic Growth

    The Congressional Budget Office (CBO) recently released a paper: Did the 2008 Tax Rebates Stimulate Short-term Growth? The paper is a comprehensive summary of the best recent literature on the topic. CBO sorts the literature into three categories: Studies that used detailed data about individual spending to study the effects … More

    Breaking Down the Costs of Waxman-Markey Global Warming Legislation

    The idea behind cap and trade is to reduce carbon dioxide emissions by putting a price on the right to emit carbon and other greenhouse gases on businesses. Because fossil fuels emit carbon dioxide, cap and trade becomes a costly tax on fossil fuels and the energy they generate. Since … More

    Ramped-Up Rhetoric Fails to Dislodge Evidence

    In his speech today to the American Medical Association [], President Barack Obama called the “naysayers” of his proposed public health insurance plan as nothing more than liars. “So, when you hear the naysayers claim that I’m trying to bring about government-run health care, know this – they are not … More

    IRS to Tax Employer-Provided Cell Phones

    The Obama Administration’s desperation for new revenue to feed its massive spending appetite is becoming more apparent every day. The latest tax hike proposal, this time from the IRS, is to tax 25 percent of the value of employer-provided cell phones or Blackberries. The rationale is that workers use employer-provided phones … More

    Who's Telling the Truth about Health Care?

    President Barack Obama, today, in front of the American Medical Association: What are not legitimate concerns are those being put forward claiming a public option is somehow a Trojan horse for a single-payer system. … So, when you hear the naysayers claim that I’m trying to bring about government-run health … More

    Baucus Should Support, Not Undermine CBO Integrity

    Senate Finance Committee Chairman Baucus’ recent off-the-cuff remarks to CBO Director Elmendorf highlight the critical role the CBO will play in the coming health care debate as it evaluates and scores the various proposals. Senator Baucus also demonstrated the pressures the CBO is under, and the ease with which Members … More

    The Fed is Part of the Problem Too

    We have long believed that the Treasury Department’s TARP interventions have become possibly the single most disruptive force in the global economy. Under the header The Beatings Will Continue Until Morale Improves, EconLog’s David Henderson flags a New York Times story suggesting that the Fed has become just as unhelpful … More