The Wall Street Journal reports: “The global oil industry, far from chastened by the catastrophic spill in the U.S. Gulf of Mexico, is planning record spending next year, including a large amount for deep-water development. … Barclays estimates spending on new wells, producing platforms and other energy infrastructure will total …
One of the repeating story lines the lamestream media is looking to advance for the 112th Congress is the fictional contradiction between Tea Party small government convictions and the necessity of big government intervention to cause economic growth. Today’s contribution comes from Politico’s Darius Dixon who asks, “Can the tea …
With all the talk about forcing people to buy health insurance, health insurance exchanges, and high-risk pools, it is often forgotten that most of what Obamacare really is, is just a massive expansion of an existing and already failing entitlement program. Of the 34 million Americans who gain health insurance …
In 1986, there were 2.7 million illegal immigrants inside the United States. They were granted a one-time amnesty. Illegal immigration crisis solved? Hardly. More than twenty years later there were around 12 million illegal immigrants in the U.S. How does the left want to solve this problem? More amnesty. This …
The spending pace of President Barack Obama and the 111th Congress simply cannot be sustained. There will either have to be spending cuts or higher taxes. The left prefers higher taxes, including the imposition of a value-added tax (VAT). How would a VAT work. Heritage scholar Curtis Dubay explains: The …
In August 2005, The New York Times Magazine published an article titled “The Breaking Point” in which Council on Foreign Relations member Matthew Simmons predicted that oil, then about $65 a barrel, would more than triple in price by 2010. New York Times journalist John Tierney read the article, called …
Yesterday, we posted the Top Ten Heritage Charts of 2010. Today we bring you the Top Ten Heritage Papers of 2010. This list combines all non-multimedia publications including WebMemos, Backgrounders, Center for Data Analysis Reports, Legal Memorandums, and White Papers. The papers are sorted by pageviews with the 10th most …
Hamtramck, Michigan, is running out of money. City Manager William Cooper tells The New York Times: “We can make it until March 1—maybe.” And Hamtramck is not alone. According to the Times, 15 municipalities have pursued bankruptcy in the past two years. And if the economy does not improve revenues, …
