As if further evidence actually is needed, Bank of America on Thursday demonstrated yet again how government price controls inevitably harm consumers—and low-income consumers the most. In this instance, the nation’s largest bank (by assets) announced on Thursday a new $5 monthly fee for use of a debit card. Several …
Relations between the United States and the Philippines remain strong, said former President Fidel Ramos of the Republic of the Philippines at Heritage on Wednesday. He referred to the 1951 Mutual Defense Treaty (MDT) between the two countries, saying the people of the Philippines consider the U.S. a “strong ally,” …
According to media reports, Anwar al-Awlaki, the Yemeni-American Islamist radical who played an increasingly influential role in the al-Qaeda network, was killed in a CIA drone strike earlier today in Yemen. Awlaki was reported to have been killed at least twice before, and one of his brothers reportedly already has …
We understand that the White House is experiencing some difficulties of late across many fronts—the Solyndra scandal and Operation Fast and Furious are two issues that come to mind. That, however, does not give spokesman Jay Carney license to misrepresent what The Heritage Foundation supports or does not. Yesterday Mr. …
A pair of years-old anecdotes, recently revisited, show that top economists in the White House and Obama’s cabinet expressed serious doubts about the White House’s emphasis on and approach to green jobs. Three top economic advisers, on at least two occasions, have sounded alarms about that agenda. In October 2010, …
House investigators have initiated a probe into allegations that the White House or one of its surrogates pressured the Ford Motor Co. to drop an advertisement critical of the administration’s automotive bailouts. A number of reports have alleged at least indirect pressure to take the spot off the air. “I …
The recent arrest of Rezwan Ferdaus marked yet another turn in the ever-shifting struggle to protect the American homeland from Islamist-inspired acts of terrorism. The 26-year-old from Ashland, Massachusetts, is accused of plotting to fly explosives-laden remote-controlled airplanes into the Pentagon and the U.S. Capitol. His arrest came after a …