What did America’s founders say about economic inequality? Rather than unload statistics about the reality of inequality in America today, which we have done on other occasions, this post considers inequality based on the economic principles on which our republic was founded. These principles remind us why economic inequality is …
What happens if the “super committee” fails to meet its target of $1.5 trillion in budget savings by Thanksgiving and sequestration is triggered? It would spell doomsday for the military, Defense Secretary Leon Panetta warns. In letters sent to Senators John McCain (R-AZ) and Lindsey Graham (R-SC), Panetta said that under the …
Scribe has reported extensively on the tendency of large government spending projects to reward the politically connected. It’s a virtual constant of federal interventions in the market, and perhaps nowhere is it more evident than in the Obama administration’s “green jobs” push. Writing on National Review Online today, I detail …
Canada exports almost all of its energy to the United States, but because of resistance from the Obama Administration to approving the construction of the Keystone XL pipeline, that could soon change. Canadian Prime Minister Stephen Harper told President Obama that as the U.S. delays, Canada will begin diversifying by …
As expected, the Supreme Court has decided to take up the court cases challenging Obamacare’s individual mandate and the question of whether the whole law should be struck down if the Court finds the mandate unconstitutional. This is another important step toward undoing this unpopular and unworkable health care law. …
The Heritage Foundation has consistently urged, and continues to urge, that the congressional Joint Select Committee on Deficit Reduction, known as the Supercommittee, “go big” with its recommendations, to “drive federal spending down — including by fixing ever-expanding entitlement programs — toward a balanced budget, while preserving our capability to …
On November 2nd, the China National Space Administration (CNSA) completed a critical milestone in its young, yet ambitious, space program. China’s unmanned Shenzhou 8, which launched on October 31, successfully completed an automated rendezvous and docking with their prototype space station module, Tiangong 1. This docking exercise is a critical …
Last week’s Des Moines Register’s editorial page takes a sardonic view of the majority of Americans (51 percent as of last week) who are opposed to the health reform law. Saying they are trashing the law they call Obamacare—a word that supporters have openly embraced because of its widespread usage—the …
Scribe reported last week on the extensive damage to small businesses wrought by the “Occupy” protests being staged around the country. In lower Manhattan, business owners are fighting back. Having been forced to endure nearly half a million dollars in lost revenue, they are planning to stage a counter-protest. At …
Last Thursday, the Senate Judiciary Committee voted on legislation that would repeal the federal Defense of Marriage Act (DOMA). All 10 Democrats on the committee voted against DOMA. DOMA was passed by wide congressional majorities and signed into law by President Clinton in 1996. DOMA defines marriage as one man …