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  • Monthly Archives: February 2011

    Mr. President, You're in Contempt

    Obama sit

    Anyone who has ever watched Law & Order knows that someone is held in contempt of court when they egregiously disrespect the role of the court and the rule of law. Holding someone in contempt is a powerful sanction in a judge’s arsenal to redress an intentional disregard for the … More

    Lunch With Heritage: Online Chat on the Protests in Egypt

    Join us from 12-1 ET for our Lunch with Heritage online chat. We will be joined by Heritage’s Middle Eastern Affairs expert Jim Phillips. Jim has been following the protests very closely will be taking your questions about them. Jim has written a number of blog posts and reports about … More

    Dissecting the House Budget Committee’s 2011 Budget Cuts

    U.S. Capitol

    House Budget Committee chairman Paul Ryan (R–WI) has released a fiscal year (FY) 2011 budget target. This target—302 allocation in budgetary parlance—was necessary since the previous congressional Democratic majority failed to pass a 2011 budget resolution or even enact a single 2011 appropriations bill. Instead they passed a continuing resolution … More

    Is New York State on Track to Become Fiscally Conservative? Will Congress Follow Suit?

    New York Governor Andrew Cuomo (D) promised during his campaign that he would balance the Empire State’s budget without increasing taxes or borrowing. Left untouched, the state’s $135 billion budget would otherwise result in $10 billion in deficit spending. This week, Cuomo appears to have taken the first step to … More

    The Numbers Don't Lie: Reagan Recovery Far Stronger Than Obama

    The Great Recession lasted 18 months—slightly longer than the recession of 1981—and it might not be fair to compare the two. Unemployment was higher, for example, during the 1981 recession. But Reagan’s approaching centennial brings to mind the Reagan Recovery, and the economic climate of 1983 must be enviable from where … More

    New START Ratification: Senate Should Be Suspicious

    President Obama signs the New START Treaty in Washington

    President Obama yesterday signed the U.S. instrument of ratification for the New Strategic Arms Reduction Treaty (New START) with Russia yet did not release the text of the document to the public. Secretary of State Hillary Clinton is scheduled to exchange this instrument with the Russian government’s corresponding instrument this … More

    When the Going Gets Tough, Unions Protest

    What happens when the going gets tough for unions? They protest, even if they don’t have a legitimate reason to do it (other than an inability to compete and their plummeting membership rolls). Take the Michigan Regional Council of Carpenters (MRCC), for example. As The Mackinac Center for Public Policy … More

    Argentina's Paris Club Offer

    The announcement last week by President Cristina Fernández de Kirchner’s government that Argentina intends to repay nearly $9 billion in official sovereign debt—a higher figure than it had said previously that it owed—to other member nations in the Paris Club could be seen as a step forward. But apparently it … More

    What to Look for in Next Week's Release of U.S. Trade Statistics

    On February 11, the U.S. Department of Commerce will release our country’s 2010 trade statistics. The following three principles will help in understanding what the numbers mean: Unlike the U.S. budget deficit, the size of the trade deficit does not matter. The trade deficit results from people in other countries … More

    Hugo Chavez's Dubious Dozen

    February 2 marks the start of President Hugo Chavez’s 13th year in power. Venezuela’s populist authoritarian took office back in 1999. That day was a somber day for the Americas and friends of democracy around the world. In a recent discussion with American diplomats to the Andean region, someone asked … More