Roundup of Op-Ed’s from the Heritage Foundation Should Washington loan the Big Three automakers $50 billion to develop fuel-efficient vehicles? No By Nick Loris and James Gattuso Regardless of whether such an assertion holds true for Freddie Mac and Fannie Mae, that argument does not hold water for the auto …
Earlier this month, the United States doubled its outstanding debt obligations in a single day. What happened? Taxpayers were forced to honor the implicit guarantee the federal government made years ago to back up Freddie Mac and Fannie Mae’s financial obligations. Freddie and Fannie are at the heart of the …
Heritage’s Rea Hederman discusses three problems with the proposed Economic Stimulus Bill currently before Congress. In July, the Bill was projected to cost $25 billion dollars. Since then, the projected cost has doubled due to spending projects that should have been taken care of with the Budget process. The Bill …
How the IPCC Portrayed a Net Positive Impact of Climate Change as a Negative – Cato-at-Liberty Arguably the most influential graphic from the latest IPCC report is Figure SPM.2 from the IPCC WG 2’s Summary for Policy Makers (on the impacts, vulnerability and adaptation to climate change)… Tom Bevan (founder …
Taxpayer Patent Extortion – The Technology Liberation Front Wow. Mike Masnick writes about NASA’s plan to auction off some of its patent portfolio to the private sector. When I read this I had to do a double-take: NASA has a patent portfolio?… Capitalism Breeds Generosity – InsiderOnline Does capitalism make …
Regulating Away Improvement – Adam Smith Institute The bailouts are getting bigger. The rescue of US mortgage giants Freddie-Mac and Fannie-Mae is hailed as the largest bailout in history. On our side of the Atlantic we saw the similar, but smaller, rescue of Northern Rock… Lehman Bankruptcy: In Capitalism, Failure …
Few members of Congress come to Washington to fight corrupting earmark spending. Usually new members come to Capitol Hill with the best intentions to help their constituents as best as they can … often including directing as much federal money as possible back to their district. Rep. John Kline (R-MN) …
For most Americans, there are 100 shopping days left until Christmas. But for the special interests in Washington, there are only 10 shopping days left with Congress tentatively set to adjourn for the year on Sept. 26. One would hope the financial turmoil on Wall Street would give legislators pause …
