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    Just One More? Time to Say 'No' to Expanded Treasury Equity Purchases

    The Wall Street Journal is reporting this afternoon that the Treasury Department is mulling the expansion of its bank equity purchase program to cover insurance firms. And other firms in other industries, including non-financial companies, are also asking be included. It should just say no to these ill-considered ideas. The … More

    Different Tax Plans, Different Futures

    It looks more and more like Joe the Plumber was on to something about taxes, though you wouldn’t know if from most of the polls and media. The Heritage Foundation has the details in our new study: If a President McCain got his way on tax reform, Americans could expect … More

    A Few Ways to Kill Economic Growth

    It appears more and more likely with each passing day that we’ll wind up with an Obama administration. If Obama is elected, we will face a lengthy list of policy proposals that are supposed to help the less fortunate but in fact just kill economic growth. He would expand the … More

    Fairness Doctrine Rears Its Head Again

    Sen. Jeff Bingaman (D-NM) went on the Jim Villanucci Show on Tuesday and lauded the “more intelligent level” of public discussion that the Fairness Doctrine fostered in decades past. Bingaman obviously doesn’t believe the Fairness Doctrine gives Americans a raw deal. Hear it for yourself below. [youtube]http://www.youtube.com/watch?v=veF2KNlHW6w[/youtube]

    Minimizing the Damage

    Under normal circumstances, the very concept of direct government purchase of bank stock of any type would be unthinkable and unacceptable. But it seems that to large extent the hand of U.S. policymakers was forced by overseas governments that provided similar capital programs to their banks. If the U.S. government … More

    The End of Social Security As We Know It?

    Barack Obama argues that his tax rebates, many of which will go to households paying no income tax will “offset the payroll tax they pay,” and are, therefore, not welfare. But there are two big problems with this line of argument. First of all, Social Security taxes (the main part … More

    Al Gore Is Racist, Says Columnist

    We’ve never met Al Gore. So how do we know he is racist? Because the Washington Post’s Harold Meyerson told us so. Remember Al Gore wants to save Social Security and Medicare by putting all payroll taxes in a “iron-clad lockbox where the politicians can’t touch them.” How is this … More

    Pro-Growth Tax Policy, Not a Transfer of Funds, Will Stimulate the Economy

    The House Budget Committee yesterday held a hearing, “Economic Recovery: Options and Challenges.” The headliner of the event, Federal Reserve Chairman Ben Bernanke, caused quite a stir with his near endorsement of a proposed second stimulus bill. However, others who spoke at the hearing, such as Rep. Paul Ryan (R-WI), … More

    The Mortgage Financing Game

    Congress is lining up the list of suspects to assign blame for the financial crisis. However, all of the obvious suspects — the Fed, Fannie and Freddie, mortgage companies, banks and borrowers — have been players in the mortgage market game for years. Why is there a crisis now? Perhaps … More

    The Truth Behind Obama's 3% of Small Businesses Claim

    Obama claims that his plan would only hurt 3% of small businesses. But this is highly deceptive. He isn’t lying, but the reports that he cites mean something very specific. They do not mean that 97% of small businesses won’t see higher taxes under Obama’s plan than they see today. … More