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  • Much Ado About Little: Congress Touts Phony Foreign Affairs "Savings"

    There is much hand-wringing in the mainstream media about the Senate Budget Committee’s 6.8% cut of $4 billion last week to the Obama Administration’s massive $58.5 billion Fiscal Year 2011 request to fund the foreign affairs “150 Account” budgets that include the State Department and the U.S. Agency for International … More

    Chavez Needed a Bailout - So He Made One Up!

    Last weekend President Hugo Chavez announced with great fanfare that Venezuela’s state-owned oil company, Petroleos de Venezuela SA (PDVSA), had signed an agreement with China National Petroleum Corporation (CNPC) to develop part of the Orinoco heavy crude area for which they had given Venezuela a $20 billion loan. As usual … More

    Say "Adios" to Obama’s “National Export Initiative”

    The latest outbreak of creeping global protectionism is in Brazil, which announced March 8 that it intends to levy nearly USD$600 million in increased import duties on more than 100 products made in the U.S. in retaliation for the United States’ failure to comply with a World Trade Organization (WTO) … More

    Obama Administration Discovers Trade--As Another Great Excuse to Grow Government!

    President Obama’s Secretary of Commerce, Gary Locke, rolled out the administration’s new “National Export Initiative (NEI)” today at the National Press Club.  The way Secretary Locke described it, the NEI sounds like a great vehicle to create jobs—government jobs. Secretary Locke began by saying that the “NEI represents the first … More

    NAFTA Should Not Take the Fall for Mexico’s Failure to Reform

    Participants at a recent conference in Washington blamed Mexico’s failure to achieve above-average economic growth in the past decade on the North American Free Trade Agreement (NAFTA).  This criticism is unfair and unwise.  The NAFTA agreement is one of the best examples in recent history of a successful, mainstream, and … More

    Things to Remember While Helping Haiti

    Today, the United States began surveying the damage inflicted by a devastating earthquake in Haiti this week. In addition to providing immediate humanitarian assistance, the U.S. response to the tragic earthquake should address long-held concerns over the fragile political environment that exists in the region. The U.S. government response should … More

    More Germans Vote for Economic Freedom

    The dramatic surge in support for Germany’s pro-business Free Democratic Party (FDP), which received “a record 14.6% of the vote” according to the Wall Street Journal in elections on Sunday, September 27, has given Angela Merkel a second term as German Chancellor via the center-right coalition that the FDP will … More

    Pittsburgh G-20: Three Points of View Converge at Three Rivers

    Pittsburgh is famous for its Three Rivers. The city was founded in 1758 at the militarily and commercially strategic point where the Allegheny and Monongahela rivers converge to form the might Ohio. It is somewhat ironic, then, that as the G-20 leaders arrive in Pittsburgh this evening for a sumptuous … More

    On Eve of Obama Visit, the Pope Stands Firm Against Relativism and for Economic Freedom

    Although the timing of its release may be a coincidence, Pope Benedict XVI’s recently published encyclical, “Caritas in Veritate” (Charity in Truth), sets the stage for his meeting on July 10 with President Obama. As readers around the world continue to reflect on the 30,000-word encyclical, many would like to … More

    Trade, Not Aid, Is Best Course for G-8 Ag Policy

    Tourists might buy souvenirs, but President Obama is seeking “deliverables” he can bring home to convince Americans that the millions of their tax dollars spent to send the huge U.S. delegation to the G-8 Meeting in Italy this week was money well spent. So, he has been leaning on other … More