The New York Times reports this morning, “Politicians like nothing more than a convenient foil, and Democrats locked in a stubborn impasse with Republicans over new rules to govern Wall Street believe they have found a gold-plated one in Goldman Sachs. Democrats say the convergence of their push for an …
In his latest article in Foreign Affairs, Carl J. Schramm, president and CEO of the Ewing Marion Kauffman Foundation, calls for “expeditionary economics” a new strategy for reconstructing economies of post-conflict countries. Pointing out that the current U.S. Army Stability Operations field manual “epitomizes the central-planning mindset that prevails in …
Months after making an ill-fated stand for the “Cornhusker Kickback” in health care legislation, Sen. Ben Nelson (D-NE) has again put himself in the spotlight. Yesterday he was the lone Democrat to vote against moving forward on the Senate’s financial regulation bill. Nelson claimed in a statement, “We need to …
Liberals, and especially unions, frequently claim that raising the minimum wage helps workers and the economy. They contend that if people earn more money through a higher minimum wage, then they will be able to spend more as well, creating more jobs, and making everybody better off as a consequence. …
It appears that Saturday Night Live let their token conservative writer run wild last weekend producing this almost-too-real-to-be-funny sketch about government unions. If anything the clip is too harsh on government union employees, but the government unions themselves are already sapping our economic recovery. Just last January the Labor Department …
According to Majority Leader Steny Hoyer (D-MD), the House will vote on H.R. 2499, the Puerto Rico Democracy Act, later this week. The legislation provides Puerto Rico a two stage voting process and makes some non-resident Puerto Ricans eligible to vote on Puerto Rican statehood. This legislation has rigged the …
The April 22-25 visits of Mahmoud Ahmadinejad to Zimbabwe and to Uganda highlight Iran’s unrelenting quest for international partners ready to either associate with its anti-U.S., anti-West program or soften potential sanctions taking shape in the UN Security Council. The visits also allowed Iran to once-more denounce the meddling of …