With the endorsement of Federal Reserve Chairman Ben Bernanke and lukewarm support from the White House, Congress appears intent on passing another economic stimulus bill, but before lawmakers rush back to Washington after Election Day, they ought to consider the differences between a good measure that helps the economy and …
According to the Financial Times, the leading think-tank Copenhagen Economics will release a study next week showing that “broadband prices could rise by up to one-third if regulators in Europe insist on strict ‘net neutrality’ rules.” The reports warns that letting politicians dictate how internet service providers manage their traffic …
This past weekend President Bush announced plans to host an “emergency” summit of world leaders to “overhaul the regulatory framework for global finance.” Bush offered few details on what actual policy fixes would be addressed, but British Prime Minister Gordon Brown penned an op-ed in for The Washington Post calling …
Following the testimony this morning of Federal Reserve Chairman Ben Bernanke, the House Budget Committee turned to three economists for their recommendations. Bill Beach, director of Heritage’s Center for Data Analysis, outlined his views on crafting a long-term, pro-growth economic policy. Here’s video of his opening statement: [youtube]http://www.youtube.com/watch?v=LIfVkAL55ck[/youtube]
The facts of this story hardly qualify as news. Everybody knows Big Labor is indistinguishable from the Democratic Party. But the brazenness with which the president of California’s largest Service Employees International Union local used nonprofit staffers to campaign for Democrats is stunning. The Los Angeles Times reports: Six people …
The Washington Post has a fine editorial on the current financial crisis first noting: As financial panic spread across the globe and governments scrambled to contain the damage, reality seemed to announce the doom of U.S.-style free markets and President Bush’s ideology. But this is wrong in two ways. The …
Desperate to defend the incoming corporate-socialist order, the Center for American Progress again defended Fannie Mae and Freddie Mac after Wednesday’s presidential debate. CAP’s Wonkroom notes that John McCain accused Fannie and Freddie of causing the current financial crisis and then offers the following refutation: As McClatchy reported this week …
