Celebrating the company’s Wednesday initial public offering, President Barack Obama last night called his government takeover of General Motors a “success story.” “American taxpayers are now positioned to recover more than my administration invested in GM,” he said. Left unsaid is the fact that if the Obama Administration keeps selling …
Government employees owe $3.3 billion in back taxes, CNBC reports. According to Heritage Foundation fellow James Sherk, the typical federal worker “receives 22 percent more in wages than an equally skilled private sector worker … .” And, says Sherk, when both wages and benefits are toted up, federal workers are …
Our long national nightmare is over. Phusion Projects, the makers of Four Loko brand caffeinated malt beverages, announced yesterday that it will remove the caffeine from its products. Phusion’s decisions came just one day after Senator Chuck Schumer (D–NY) pushed the Food and Drug Administration to ban “these dangerous and …
The left just can not come to grips with the fact that their hyper-aggressive policy agenda is a major factor causing unemployment. Witness Mother Jones trying to debunk “The Uncertainty Meme” after reading USC business professor Ayse Imrohoroglu identify uncertainty as a confidence killer. On inflation Drum writes: Interest rates …
Remember when Rep. Phil Hare (D-IL) was asked to identify what part of the Constitution empowers the federal government to force Americans to buy health insurance, and he replied: “I don’t worry about the Constitution on this to be honest.” Remember when Rep. Pete Stark (D-CA) told his Hayward, Calif., …
For years, supporters of Internet regulation have argued that it is a political winner—that voters would flock to candidates who promised to impose so-called neutrality rules on the Web. Last week, that proposition was put to the test, as a group called the Progressive Change Campaign Committee (PCCC) released a …
Big Labor’s number one priority in the 111th Congress was the Employee Free Choice Act. Also known as check, the law would have allowed union organizers to publicly solicit workers’ signed union authorization cards. If a majority of a company’s workers signed cards, then all workers would be forced to …
The Federal Communications Commission is joining the fight against bullying. Reportedly, the agency will soon issue rules requiring schools that receive federal funding for Internet equipment and service under its “E-rate” program to educate students on “how to act responsibly online.” Specific topics will include “cyber-bullying prevention” and “behavior on …
“Don’t wanna lose it, it’s electric! (Boogie Woogie Woogie)” Those lyrics (from Marcia Griffiths’ song “Electric Boogie,” better known as “the Electric Slide song”) are quite indicative of the Obama Administration’s position on the electric car. No matter how much the market and consumers reject the electric car, the government …
The Heritage Foundation’s Red Tape Rising report released this week documents not only the rising tide of government regulation in President Barack Obama’s first two year’s in office, but also the tsunami of regulation set to crush Americans over his final two years in office. Specifically, fiscal year 2010 federal …
