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  • Yearly Archives: 2009

    Crazy in Copenhagen

    Would you sign a contract for how much you’ll be paid 40 years from now? Unless you were independently wealthy and could care less, of course not—because you have no idea how to gauge the purchasing power of that income in some future society. You have no way to guess … More

    Ambassador Richard Holbrooke on the new EU Foreign Minister: Catherine Who?

    The ramifications of the EU’s disastrous choice of Catherine Ashton for its first full-time Foreign Minister are going from bad to worse. Following a less-than-stellar performance during a question-and-answer session with the European Parliament, America’s special representative for Afghanistan and Pakistan, Ambassador Richard Holbrooke, embarrassingly struggled to remember her name … More

    Obamacare in the Senate: Cutting Medicare

    Last week’s consideration of amendments to Obamacare focused on Medicare, which is used as one of the main sources of funding for the expansion of Medicaid and the establishment of a new health care entitlement under Majority Leader Harry Reid’s (D-NV) bill. The McCain Amendment. Senator John McCain (R-AZ) offered … More

    Morning Bell: The Copenhagen Climate Comedy

    Imagine an Alcoholics Anonymous meeting where all the members showed up drunk and with extra cases of wine, beer, and booze to keep them happy. Now imagine that that same group of drunks was empowered to make trillions of dollars worth of economic decisions for everybody in the world. This … More

    The House and Senate Cloakrooms: Dec. 7 – 11

    The House Cloakroom – Dec. 7 – 11 Analysis: The major piece of legislation for the week will be a bill to overhaul the financial regulatory system, which includes creating a Consumer Financial Protection Agency. Heritage analyst David John talks about a better approach here. A bill to extend expiring … More

    Stock Transaction Tax: Yet another Tax Increase

    Congress is discussing yet another tax increase. This one would be a tax on stock transactions and could fund a new jobs bill since it has become apparent to everyone that the stimulus failed to create any jobs on net. This was underscored again when the Labor Department reported Friday … More

    Comcast-NBC: Why is the FCC Involved?

    Bidding has begun on Comcast’s acquisition of a majority stake in NBC Universal. No, not the bidding between GE and Comcast over the terms of the sale. That was the comparatively easy part. The real bidding is over at the FCC, as various interests work to get concessions and pledges … More

    Obama’s Failed Stimulus in Pictures: Jobs Gap Grows to 7.6 Million

    Another month under President Obama, another 11,000 jobs lost, pushing the total Obama jobs deficit to 7.6 million. One day after the White House jobs summit admitted that the President’s policies — including the massive $787 billion stimulus enacted last spring — are not working to create jobs, the Department … More

    The November Jobs Report: Lack of Job Creation Making Jobs Difficult to Find

    The Bureau of Labor and Statistics released their November employment report showing the nation’s unemployment rate dropped all the way to 10%. While it is encouraging to see that the economy is beginning to recover, there are still some worrying data in the report. Heritage fellows James Sherk and Rea … More

    The New Squeeze on Private Pregnancy Care

    With very peccable timing, a handful of local officials are launching legislative assaults on popular pregnancy care centers even as Congress debates health care reforms it claims will promote more choice and competition. The assaults began in Baltimore where the City Council passed a law last week  imposing regulations and … More