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  • Enterprise and Free Markets

    Unshackle American entrepreneurs by making the United States the most economically free country in the world.

    Don’t Exacerbate Freddie’s Failures

    The Washington Post reports today that “Senate negotiators broke off talks last night without striking a deal to rescue hundreds of thousands of homeowners at risk of foreclosure, but they said they were close to an agreement.” Let’s hope they don’t get any closer. A key part of the housing … More

    Morning Bell: A Case Study on Everything That Is Wrong With Washington

    The reason Congress has an approval rating at an all-time low (only 16% approve in the latest survey) is that the American people simply don’t trust their leaders to look beyond their own narrow interests and do what is good for the country. The farm bill that passed the House … More

    Morning Bell: The Municipal Government Bankruptcy Enhancement Act

    Yesterday the Senate voted to end debate on a bill that requires police officers, firefighters and other first responders across the nation to submit to collectively bargaining. Before the Senate votes on final passage of the bill later this week, lawmakers really ought to take a very close look at … More

    This Week in Washington: So Much for Equal Protection

    Here’s a preview of the week ahead in Washington. [youtube]http://youtube.com/watch?v=JzXN6A6LYOM[/youtube] Late last year, the House passed by a large margin a bill that allows federal recognition of “Native Hawaiians” as a distinct group, and Senate Majority Leader Harry Reid has promised some floor time this year. This legislation would establish … More

    Morning Bell: The Wall Street Bailout Enhancement Act

    During the debate on the housing bailout bill last week, Democrats consistently justified their “American Housing Rescue and Foreclosure Prevention Act” by citing the Treasury Department’s involvement in JP Morgan’s purchase of Bear Stearns. Bill sponsor Rep. Barney Frank (D-Mass.) was typical: You didn’t get an answer on how the … More

    The Washington Post Is ‘Hope’less

    While CNN reports that Americans are split evenly (49% for, 48% against) on bailing out people who paid to much for real estate, the newsroom at the Washington Post is 100% behind the measure judging from their front-page hatchet job today. The very first sentence of the piece betrays the … More

    Farm Bill Fails to Cultivate Reform

    Congress had its first chance in six years to reform the economically incoherent farm program. Rather than fix the program, lawmakers irrationally increased subsidies. Below are price increases for the most heavily subsidized crops, according to the National Agricultural Statistics Service. These five crops are responsible for approximately 90% of … More

    A Labor of Love

    According to Salary.com, stay-at-home moms would rake in $117,000 a year for services they provide if they sold them on the open market. The activities included in the total include: housekeeper, day care teacher, van driver, psychologist and chief executive officer. A 2006 U.S. Bureau of Labor Statistics study did … More

    Labor Department Strengthens Transparency Rules for Unions

    Next week the Labor Department will propose changes to its union financial reporting and disclosure requirements in an effort to improve transparency and accountability. The proposed rule will give rank-and-file union members more information about union finances. It is the latest effort by the Bush administration to increase transparency for … More

    Hurry Up & Wait: Relief from Frank-Dodd Proposal Will Take Its Own Sweet Time in Coming

    Lawmakers say they want to speed FAST, FAST, FAST RELIEF to homeowners with mortgage woes. But the leading remedy on the Hill, the Frank-Dodd FHA Refinance Plan (H.R. 5830), will take many months before it has any effect at all. Moreover, it’s the wrong prescription. Though not as bad as … More