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  • Monthly Archives: May 2010

    Side Effects: Higher Premiums from Adult "Children" on Parents' Health Plans

    This week, the White House issued rules for health insurers to extend dependent coverage to “children” up to 26 years old. Beyond keeping the “Big Kids” dependent on Mommy and Daddy, it also directly undercuts the President’s famous campaign promise that American families would see a $2,500 reduction in their … More

    Defense Spending is Not the Problem

    Speaking at the Eisenhower Library in Kansas on May 8th, Secretary Gates stated the following: “Given America’s difficult economic circumstances and parlous fiscal condition, military spending on things large and small can and should expect closer, harsher scrutiny.” Left unexamined, Secretary Gates’ statement would lead the average American to conclude … More

    Outside the Beltway: Takin' What They're Givin' But Not Workin' for a Livin'

    With 14.9% unemployment and a massive 800,000 jobs lost in the last decade, times are tough in Michigan. But despite the desperate conditions, some Michiganders have decided to keep collecting government unemployment checks instead of accepting job offers and heading back to work, according to a Detroit News report: In … More

    Elena Kagan’s Double Standard

    President Obama’s nominated Solicitor General of the United States, Elena Kagan to be justice on the Supreme Court yesterday.  Kagan has no judicial experience and a scant record of writing, but Kagan did express a very illuminating opinion concerning the Senate’s confirmation process.  In a book review of “The Confirmation … More

    Morning Bell: What's Worse Than Energy Taxes? Renewable Electricity Standards

    On March 15th, appearing with labor and environmental leaders, Los Angeles Mayor Antonio Villaraigosa unveiled a new alternative energy plan that he said would ensure the Los Angeles Department of Water and Power would meet his goal of securing 20% of its energy from renewable sources such as wind and … More

    Defense in the Driver’s Seat

    This weekend, the secretary of defense called for additional spending cuts to keep the defense budget flat for the future. But flat budgets aren’t always smart budgets—or even an effective way to cut waste. The defense budget doesn’t need simple cuts. It needs true reform. The Heritage Foundation has long … More

    No-More-Bailouts Bill Springs a Leak: Fannie and Freddie Ask for More

    Supporters of Sen. Chris Dodd’s financial regulation bill say it will end financial bailouts. In fact, the Senate — anxious to reassure Americans on that fact — even added an amendment last week with a stated purpose “[t]o prohibit taxpayers from ever having to bail out the financial sector.” But … More

    Churchill’s Anniversary Offers Insights on Coalition Government in Britain

    Following Thursday’s indecisive election, events in London are moving at a furious pace. In just the past few hours, Gordon Brown – still Prime Minister – has offered to resign to facilitate the creation of a ‘progressive’ coalition government composed of the Labour Party, the Liberal Democrats, and a variety … More

    Europe 2010: A Glimpse of America’s Economic Future?

    The Greek financial crisis and its spillover effects in Europe provide a scary look at America’s possible economic future if we don’t get our economic house in order. Underneath the big bailout numbers ($146 billion rescue package for Greece; trillion dollar support for the Euro and European government bonds) are … More

    Side Effects: Get Ready to Change Your Insurance

    Remember the White House’s insistence that, under Obamacare, you keep your insurance plan if you like it? We didn’t believe it then. Turns out we were right. CNN reports that AT&T, Verizon, John Deere and others may well drop the health care coverage they now offer their employees. Obamacare makes … More