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  • Monthly Archives: August 2012

    Solyndra CEO Called the Federal Government the 'Bank of Washington'

    US President Barack Obama at Solyndra Co.

    From today’s House Energy and Commerce Committee report on the Department of Energy’s Solyndra loan guarantee comes this startling revelation: Chris Gronet, the CEO of Solyndra, referred to the federal government as the “Bank of Washington,” adding, “it continues to help us.” The report underscores the degree to which the … More

    White House Officials: DOE Concerned With 'Optics' in Solyndra Loan

    solyndra

    When the Energy Department set out to restructure the federal loan for now-bankrupt solar company Solyndra, White House budget staffers insisted that allowing the company to go bankrupt and liquidating its assets would provide greater returns for the taxpayer than the deal DOE had struck with the company’s private investors. … More

    DeMarco Signals a Better Housing Policy by Putting Taxpayers First

    houses

    Ed DeMarco, the acting director of the Federal Housing Finance Agency (FHFA), got it right by putting taxpayers’ interests ahead of the Obama Administration’s wishes. DeMarco, whose agency controls Fannie Mae and Freddie Mac, says that the anticipated benefits of reducing loan amounts of underwater mortgages “do not outweigh the … More

    Syria’s Growing Islamist Extremist Presence

    Syria.svg

    President Obama reportedly has signed an intelligence finding that authorizes U.S. support for Syrian rebels seeking to overthrow President Bashar al-Assad’s dictatorship.  It remains unclear what is included in this “covert” aid, publicized in what looks like another leak, or when the finding was signed. But the United States must … More

    Inappropriate for Appropriations Bills (and Other Bills, Too)

    Photo: Tom Williams / CQ Roll Call

    This session, Congress has consistently increased criminal penalties through legislation. In what type of bills are they doing it? In appropriations bills, of course. Where else would Congress increase criminal penalties? For example, in the fiscal year (FY) 2013 Foreign Relations Authorization Act, the maximum penalties for violation of Arms … More

    Morning Bell: Can Conservatives Be Environmentalists?

    green hills landscape

    Efforts to protect the environment in America have ignored the most powerful force for improving the environment: free people. The results of these misguided policies have been higher energy prices, lower incomes, less access to resources, and technological stagnation—often failing to produce tangible environmental benefits. It doesn’t have to be … More

    Toll-Free Entitlements: States Make Food-Stamp Benefits Easily Available

    Medicaid Food Stamps Waiting Room

    A new Government Accountability Office report reveals that in more than 40 states a growing number of households are able to collect food-stamp benefits simply by receiving a government-issued brochure or accessing a toll-free number. For example, in states like Alabama, Hawaii and Montana, a brochure automatically triggers eligibility in … More

    Online Chat on the Anti-Religious Freedom Mandate

    Church_feature

    Starting on August 1, employers were required to provide abortion-inducing drugs and contraceptives in their health care plans, or face a fine of $100 per day, per employee even if it goes against their religious or moral principles. Click here to join us on right now for our “Lunch with … More

    Argentina: Kirchner's Policies Undermining Economic Growth

    Christina Fernandez de Kirchner

    This Friday, the government of Argentina will announce with great fanfare the last payments on “Boden” bonds issued during the so-called corralito. That was the decade-long process imposed in response to the 2001 financial crisis that included a freeze of bank accounts and the forcing of those with dollars to … More

    Time to Safeguard Ourselves from Rising Protectionism

    sugar

    Last week, Pascal Lamy, chief of the World Trade Organization (WTO), gave a stark warning that rising protectionism is a serious threat to global economic recovery. Indeed, not too long ago, The Heritage Foundation’s Center for International Trade and Economics also counseled that “global trade freedom needs a boost.” We … More