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  • Monthly Archives: January 2010

    Morning Bell: $787 Billion in Stimulus, Zero Jobs "Created or Saved"

    On February 11th, President Barack Obama stood on a windy hilltop in front of a dusty construction site in Fairfax County, Virginia, and promised the American people: “Here in Virginia, my plan will create or save almost 100,000 jobs, doing work at sites just like this one.” Standing alongside current … More

    Baby, It's Cold Outside

    The frigidly cold weather has resulted in power outages, crop damage, book burning to stay warm, and of course, global warming jokes. “Where’s all that global warming now?” or “I could really use some of that global warming.” Minnesotans have been saying that for years. According to some scientists, we … More

    Trumka Talks Tough, But Will Obama Listen?

    Labor union leaders made a trip to the White House yesterday to hear President Obama’s latest pitch for health care legislation. But judging from remarks earlier in the day from AFL-CIO President Richard Trumka, the meeting wasn’t a typical administration powwow with Big Labor. Speaking at the National Press Club … More

    Prop. 8 Not A Show Trial Yet

    The U.S. Supreme Court, with one justice writing in dissent, agreed today with attorneys who argued against the broadcasting and posting of the trial proceedings in Perry v. Schwarzenegger – the case challenging the constitutionality of California’s popularly approved Proposition 8 preserving marriage as the union of one man and … More

    Friends and Foes of Educational Opportunity

    Proponents of the D.C. Opportunity Scholarship program and families currently in the program have reason to be frustrated over Congress setting the course toward its elimination. But as Amanda Carpenter reports in today’s Washington Times, they’ve also found a “strong ally” in the fight for school choice – Juan Williams … More

    What Terrorism, Job Losses, and Health Care Have in Common

    There are links between terrorist attacks, job losses, and the health care legislation that is being completed behind closed doors: 1) A massive failed bureaucracy didn’t protect Flight 253 from a would-be bomber, so why expect that an even-larger bureaucracy can protect our health? 2)With 10% unemployment and 85,000 more … More

    Outside the Beltway: California Dreamin' Up Ways to Avoid Economic Disaster

    California, the land of sunshine, surfing, soaring unemployment and ballooning deficits, may be making moves to strip itself of one of its most costly and draconian environmental regulations: the cap-and-trade carbon tax. Meanwhile, the City of Los Angeles is turning to private industry for help in digging out of a … More

    AP Confirms: Government Infrastructure Spending Does Not Create Jobs

    The AP reports: Ten months into President Barack Obama’s first economic stimulus plan, a surge in spending on roads and bridges has had no effect on local unemployment and only barely helped the beleaguered construction industry, an Associated Press analysis has found. … Construction spending would be a key part … More

    Chavez’s Devaluation Leaves Venezuelans Jittery About His “Socialism of the 21st Century”

    President Hugo Chavez, architect of Latin America’s so-called “Socialism of the 21st Century,” roiled Venezuela’s economic waters with his decision to devalue the Bolivar, the national currency, on January 8. Under a new exchange regime, the first devaluation in five years, Venezuela will operate a three-tiered exchanges rate system. For … More

    Horseshoes, Hand Grenades, and the FCC: Will the Courts Ground Internet Regulation?

    A funny thing happened to the FCC Friday on its way to regulating the Internet, as a federal appeals court panel questioned the agency’s authority to regulate the web. There’s no final decision yet, but an adverse ruling could stop the agency’s Internet regulation plans in their tracks. And for … More