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  • Monthly Archives: August 2010

    GM: Successful Bailout or Successful Restructuring?

    General Motors is making moves to sell some of its government-owned stock back to the private sector in what would be one of the largest initial public offerings (IPOs) in U.S. history. While this is certainly a positive sign, it should not be used as an example and an excuse … More

    AUDIO: What is Iran Up To?

    From John Bolton to Jeffrey Goldberg, commentators, journalists and policy movers have been trying to read the tea leaves on Iran’s next nuclear move, Israel’s potential response, and what it means for the rest of the world. Heritage analyst Peter Brookes lays out the facts of the case and a … More

    Why New START is Failing

    It was supposed to be done by now. Like cap and trade and Guantanamo before it, President Barack Obama’s New START with Russia was expected to be approved by the U.S. Senate of the 111th Congress. But just as the Obama administration has admitted defeat and is now scrubbing the … More

    Surreal Environmental Regulations ? Even for California

    This November, along with a host of anxious politicians, California’s own greenhouse gas law, AB 32, will be on the ballot. Those worried about the law’s potential economic consequences are pushing Proposition 23 that calls for freezing provisions of AB 32 until California’s unemployment rate drops to 5.5% or below … More

    Censorship and Confrontation Will Not Solve Chavez’s Mounting Problems

    On August 13 El Nacional, a Venezuelan daily, published a disturbing photograph of corpses piled up in a Caracas morgue. The photograph drove home an indisputable fact: Caracas has become one of the most dangerous places in the Americas. Reports the latest Economist: Venezuela’s national murder rate is 75 per … More

    Taxpayers Benefit from SEC Action Against Lying about State Pension Underfunding

    The fact is that New Jersey lied and got caught, but taxpayers everywhere may benefit. Yesterday, the State of New Jersey settled with the SEC on charges that the state committed securities fraud by failing to disclose the true state of its state employees pension funds. This admission is an … More

    Whatever Happened to Advice and Consent?

    The Senate floor may be empty, but debate over the New START Treaty continues. Dismissing calls for debate as petty partisanship, many on the left urge a quick vote on the treaty. The treaty’s proponents fail to appreciate the Senate’s constitutional role in the treaty-making process. In Article II, Section … More

    Side Effects: What Obamacare and the Death Star have in Common

    So far, 21 states have filed lawsuits challenging the constitutionality of Obamacare.  As they move forward, it’s worth pondering what would happen to the health care overhaul if they succeed. Could one lawsuit be the proton torpedo that blows up the Obamacare Death Star? Typically, courts can deem a legislative … More

    Morning Bell: We Can't Spend Our Way to Recovery

    When President Barack Obama was selling his economic stimulus plan to the American people, he promised that, if enacted, the legislation would prevent unemployment from rising above 8%.  $3 billion in Cash for Clunkers bailouts, $10 billion in government union bailouts, $16 billion in Medicaid bailouts, $13 billion in home … More

    Commerce Secretary Exaggerates Obama Administration's Aid for Gulf Oil Spill

    Earlier this week Commerce Secretary Gary Locke descended on Louisiana to announce a $30.7 million grant for a coastal restoration project near Port Fourchon. He called the funding a sign of the “administration’s commitment to help the Gulf Coast’s economy and environment recover in the wake of the BP oil … More