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  • Monthly Archives: March 2013

    Protectionist Japan? Check the Numbers

    Kenichiro Seki/ZUMA Press/Newscom

    A recent news report was headlined: “Lawmakers, business groups balk at trade deal with protectionist Japan.” A more accurate title would have been: “Protectionist U.S. lawmakers, special-interest groups balk at trade deal with Japan.” Over 40 Members of Congress recently wrote to President Obama to express concern about allowing Japan … More

    Morning Bell: Revealing What States Are Hiding

    Reuters/John Gress/Newscom

    How much are we spending on education? Actually, far more than we know—because as it turns out, states are hiding some of the teachers’ benefits. In a new paper, Heritage expert Jason Richwine reveals that “Proper accounting would reveal tens of billions of dollars in extra teacher pension costs, equivalent … More

    Eurozone Crisis Creates Another Challenge for Merkel

    Zick,Jochen/ZUMA Press/Newscom

    As opposition to the euro continues to build within the eurozone, Germany, the motor of the eurozone—frankly, the only thing holding it all together—is not immune. Recently, a new political organization has formed in Germany called Alternative for Germany. So far the group is only a collection of like-minded euro-skeptic … More

    Texas-Size School Choice

    Jerry Lara/ZUMA Press/Newscom

    The Lone Star State is considering significantly expanding educational choice options for children. Under consideration: an elimination of the cap on charter schools (only 215 are currently allowed to operate), creation of special needs scholarships to allow children with disabilities to attend private schools of choice, and a tuition tax … More

    North Korea: A Neglected Human Rights Crisis

    KimJongUn_120710

    North Korea has been making headlines for its threats of preemptive nuclear attacks on the United States. In addition to North Korea’s belligerent military actions, the international community cannot turn a blind eye to the regime’s appalling record of human rights violations and its economic stagnation resulting from three generations … More

    Three Reasons for Social Security to Use Chained CPI

    Newscom

    During last week’s vote-a-rama in the Senate, Senator Bernie Sanders (I–VT) intended to put Senators from both parties on the record for opposing the adoption of a more accurate and less inflationary measure of calculating cost of living adjustments (COLA) in Social Security: the chained Consumer Price Index (CPI). Chained … More

    Obama Administration Plans to Spend $150 Million for Green Energy Projects (Because It’s Worked So Well Before)

    Rainer Jensen/dpa/picture-alliance/Newscom

    Just what America needs: More taxpayer-funded green energy projects. The Department of Energy (DOE) and the U.S. Internal Revenue Service released plans to re-allocate more than $150 million in remaining manufacturing tax credits for “green” energy projects originally authorized by the 2009 American Recovery and Reinvestment Act (the stimulus bill), … More

    Obama’s Missile Defense Policy Reversal: Better Late Than Never

    Lockheed Martin/Newscom

    The Obama Administration’s decision to reinstate 14 ground-based interceptors (GBIs)—which it reduced in its first term—is a necessary but not sufficient response to the North Korean ballistic missile threat. North Korea’s ballistic missile testing and bellicose rhetoric prompted the Administration to augment the Ground-Based Midcourse Defense (GMD) program. This decision … More

    The Arms Trade Treaty, Week 2: The Treaty Is Getting Worse

    Rob Crandall Stock Connection Worldwide/Newscom

    Late on Friday, the president of the U.N. Conference negotiating the Arms Trade Treaty (ATT) released his latest draft of the treaty. A final draft will supposedly come out Wednesday evening, but the changes between now and then should not be substantial, as delegations will then not have time to … More

    Cyprus: Big Government on a Little Island

    Marios Lolos/Xinhua/Photoshot/Newscom

    The Cyprus bailout fiasco continues, elevating the four-year-old eurozone debt crisis to a new level of volatility and uncertainty. At the core of the debacle lies the tiny island’s outsized banking sector, which is over eight times the size of the economy. But the third-smallest European Union (EU) member has … More