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  • Monthly Archives: March 2012

    Politics and a New Trade Bureaucracy

    cargo_containersUSA

    President Obama just announced plans to borrow millions of dollars from countries likeChinato create a new federal bureaucracy tasked with policing the trade practices of countries likeChina. The new bureaucracy is more about politics than trade. The International Trade Enforcement Center (ITEC) will have as many as 60 employees. With … More

    WaPo Admitting Keynesian Stimulus Failed?

    Construction

    Does unprecedented deficit-spending such as on highways stimulate the economy? For the last few years, some have argued it could. Some have argued it might. Some have argued it would if done right. We have consistently argued that deficit spending on highways or anything else intended to lift aggregate demand, … More

    CBO: Federal Accounting Understates Cost of Credit Programs

    cbo_logo

    According to the nonpartisan Congressional Budget Office (CBO), measurements of the budget impact of federal credit do not adequately address the risks involved, and may, in some cases, dramatically understate the costs of those programs. Under the current system, federal accounting practices do not “fully incorporate the cost of market … More

    Disaster Relief Shows Why Government Should Protect Good Samaritans

    Pennsylvania Flooding

    The devastating tornadoes that ripped through the South and Midwest last week left broken homes and shattered lives in their wake. While the wind and rain still blew, churches, ministries, and charitable organizations fanned out across many states to help pick up the pieces. Public policy should respect the vital … More

    Book Review: "Obama's Education Takeover"

    obamas-education-takeover

    In his newly published book Obama’s Education Takeover, The Pacific Research Institute’s Lance Izumi illustrates how Obama’s education policies – particularly his push to impose national education standards and tests – create significant costs for states and are unlikely to improve outcomes for children.  “As seen so far, the national … More

    Electromagnetic Pulse: Not If but When

    Newscom

    “Electromagnetic Pulse and American Security,” a recent article by Eric Hannis, executive director at Etherton and Associates, is a welcome contribution to the discussion about U.S. vulnerability to electromagnetic pulse (EMP) attacks. Hannis points out that, despite the severe consequences of a single attack, “few people even know that this … More

    VIDEO: Indiana Priest Speaks out on War Against Religious Liberty

    It’s a rare moment indeed when Catholic priests speak from the pulpit on political issues, but across the country, pastors and bishops are taking a stand in opposition to Obamacare’s attack on religious liberties. Those individuals are joining with leaders across many faith backgrounds in saying “enough is enough” — they … More

    More Obama Bundlers Cash In With Massive Air Force Contract

    Obama-2-16-12

    Ronald Ratner is the president and chief executive of Cleveland-based real estate giant Forest City Residential Group. His cousin, Deborah Ratner Salzberg, is the president of the company’s Washington D.C. office. Together, the two bundled between $200,000 and $500,000 for the 2008 Obama campaign. They’ve bundled another $200-500,000 for his … More

    Thinking Big about Social Networks Down Under

    Twitter

    Can Twitter get you killed? Can Facebook start and stop wars? Can terrorism be financed through Paypal, and might people arm themselves through eBay? These are the questions tackled in an online forum sponsored by the Australian Strategic Policy Institute examining the nexus of social networking and national security. The … More

    Morning Bell: China's Military Rising

    Newscom

    In early January, President Barack Obama traveled across the Potomac River to the Pentagon and joined Defense Secretary Leon Panetta to discuss his Administration’s military strategy, promising that he would keep America’s fighting forces the best-trained, best-led, best-equipped military in history. Unfortunately, he’s not keeping that promise, and meanwhile, China’s … More