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  • Monthly Archives: June 2009

    In the Green Room: Rep. Marsha Blackburn

    Today, the Foundry presents our first installment of In the Green Room. This new feature offers Foundry readers behind-the-scenes access to distinguished guests of the Heritage Foundation. Every day, Heritage plays host to some of the most powerful leaders and thinkers of our time. Now you can join them, here … More

    The Majesty of the Law

    It takes an expensive lawyer…scratch that. It takes a very expensive lawyer, from Sullivan & Cromwell no less, to explain to the Supreme Court that when your client’s CEO said he would “never walk away” from a certain deal, what he really meant was that he would run away from … More

    For Farmers, Cap and Trade is a Permanent Drought Season

    Economists at The Heritage Foundation’s Center for Data Analysis are digging deeper into the effects of the Waxman-Markey climate change legislation that includes a cap and trade plan to reduce carbon dioxide by 17 percent below 2005 levels in 2020 and by 83 percent below 2005 levels in 2050. Today’s … More

    President’s PAYGO Proposal is Unworkable

    President Obama today is promoting a Pay-as-You-Go (PAYGO) statute requiring that tax cuts and entitlement expansions be collectively deficit-neutral. Congress is likely to take up the proposal later this month. Since 2007, Congress has had a PAYGO rule mandating that each new tax and entitlement bill be deficit-neutral. Because it … More

    Quo Vadis, Russia?

    MOSCOW – The June 4-6 St. Petersburg International Economic Forum shed a spotlight on Russia’s economic situation, clearly indicating that the Russian leadership is uncertain about the scope of the economic downturn and how to deal with it. President Dmitry Medvedev’s much anticipated keynote address was a great disappointment. He … More

    Buy Canadian

    Considering how Big Labor has been forcing our government to treat them, the only surprise is that this didn’t happen sooner: WHISTLER, B.C. — Canadian mayors have ended their annual conference with a renewed call to shut out U.S. bidders from municipal stimulus spending. Mayors narrowly passed a resolution saying … More

    Quote of the Day: Kim Jong Il

    Our nuclear deterrent will be a strong defensive means…as well as a merciless offensive means to deal a just retaliatory strike to those who touch the country’s dignity and sovereignty even a bit… –Kim Jong Il’s government referring to its nuclear arsenal as “offensive” for the first time according to … More

    Brookings: Cap and Trade Will Cost Jobs and GDP

    The Brookings Institution released their own analysis of analysis on the costs of cap and trade yesterday. Unlike Heritage’s recent Center for Data Analysis study, the Brookings effort does not analyze any particular bill, but does look at the economic costs of four policy scenarios. Their conclusions: Welfare effects Loss … More

    The Global Warming International Flight Tax

    As liberal environmentalists and tax-happy politicians scheme over strategies to hike international flight rates to raise funds to address alleged global warming, North Dakotans are celebrating snowfalls in June. Anomalies like snow in June certainly don’t refute that the planet is warming, but there does exist a widening of disconnect … More

    "Multiple Nuclear Power" World Necessitates More Missile Defense

    In yesterday’s Washington Post, former Secretary of State Henry Kissinger wrote about North Korea’s nuclear program: More emphasis would need to be given to missile defense. It would be essential to redesign the American deterrent strategy in a world of multiple nuclear powers—a challenge unprecedented in our experience. The eventual … More