This Sunday, our nation will celebrate Independence Day, which commemorates the Continental Congress’ adoption of the Declaration of Independence on July 4, 1776. Thomas Jefferson’s Declaration preamble reads: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain …
After the last-second addition of another $20 billion in new taxes shattered their original coalition for passage, the majority in the Senate went back to the drawing board to identify a new way to pay for the Dodd-Frank “orderly liquidation” fund. The result of their leftist brainstorming session? Using the …
Following the release of the 2,000-page Dodd-Frank financial regulation bill last Friday, fixed-income portfolio manager Christine McConnell told Businessweek: “Clarity is good. [Once financial institutions] understand the rules of the road they’ll be able to accommodate their business models.” There is only one problem: passage of the Dodd-Frank bill doesn’t …
Last week, George Mason University economics professor Daniel Klein wrote a Wall Street Journal op-ed summarizing an study he did for Econ Journal Watch: “Who is better informed about the policy choices facing the country—liberals, conservatives or libertarians? According to a Zogby International survey that I write about in the …
The Los Angeles Times reports: “Obama urges new efforts to reduce U.S. dependence on oil, citing the ‘tragedy unfolding’ in the Gulf of Mexico.” The Washington Post reports: “The Oval Office address was Obama’s most pointed attempt since the spill began to explain how the crisis should be leveraged on …
When President Barack Obama first responded to the retirement of former Supreme Court Justice David Souter he outlined his preferred judging philosophy: I will seek …. someone who understands justice and isn’t about some abstract legal theory or footnote in a case book, it is also about how our laws …
