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    ARGH: The AIG Fiasco Gets Worse

    As more details emerge as to bonuses paid by bail-out insurance giant AIG, the nation’s outrage is growing. According to figures released by New York Attorney General Andrew Cuomo, no less than 73 employees received bonuses of $1 million or more. Seven received more than $4 million. One employee received … More

    Out of Excuses

    Former director of the Missile Defense Agency General Trey Obering (ret.) took a USA Today article to task at a recent screening of 33 Minutes in Washington D.C. Listening to Obering, the “reasons” not to build missile defenses sound a lot more like just bad excuses. Technology: Obering said the … More

    The $1.4 Trillion Obama Tax Increase

    Heritage Foundation Senior Policy Analyst Brian Riedl details how President Barack Obama’s budget raises taxes on Americans by $1.4 trillion: In his recent address to Congress, President Obama promised that “if your family earns less than $250,000 a year, you will not see your taxes increased a single dime. I … More

    The Left's High-Speed Rail Fantasy

    The USA Today hypes the left’s dreams for high-speed rail today with a story headed “$8 Billion Could Help Revive Travel by Train.” From the article: The Department of Transportation is to distribute the money to embryonic high-speed rail projects around the country and to Amtrak, the national passenger rail … More

    Morning Bell: Accelerating Us Off a Cliff

    Speaking to House Democrats at their Kingsmill Resort & Spa retreat last month, President Barack Obama defended his economic stimulus plan, claiming: “[We] are not going to get relief by turning back to the same policies that for the last eight years doubled the national debt and threw our economy … More

    Obama: I am "a Strong Believer in the Power of the Free Market"

    Breaking news: President Obama is a strong believer in free markets.  Yesterday, in an address to the Business Roundtable, Obama mounted a vigorous defense of the free market and private enterprise, explaining his basic approach to economics and regulation. In his own words, Obama has “always been a strong believer in the power … More

    Darling Needs a College Refresher

    In his piece “International Cooperation is the Way Out of the Financial Crisis” Wall Street Journal, March 13, 2009, U.K. Chancellor of the Exchequer Alistair Darling makes three recommendations, the first two of which are wrong-headed and the third threatens much the same. Mr. Darling observes correctly that we are … More

    Profiles In Conservatism: Adrian Smith

    NAME: Rep. Adrian Smith OCCUPATION: Member of Congress HOMETOWN: Gering, Nebraska Congressman Smith currently sits on the House Agriculture Committee, House Natural Resources Committee, and the House Science and Technology Committee, where he serves as the top Republican on the Subcommittee on Technology and Innovation. Through these committees – and … More

    Morning Bell: Geithner in Wonderland

    When President Barack Obama introduced Sen. Judd Gregg (R-NH) as his nominee for Commerce Secretary, Obama said of Gregg: “He shares my deep-seated commitment to guaranteeing that our children inherit a future they can afford.” After yesterday’s Senate Budget Committee hearing, we now know why Gregg eventually decided he could … More

    Obama's Budget vs. Obama's Stimulus

    George Will writes today: The administration insists that it really does have a single priority: Everything depends on fixing the economy. But it also says that everything depends on everything: Economic revival requires enactment of the entire liberal wish list of recent decades. The implausibility of this opportunistic hypothesis is … More