The stock market rose Wednesday in anticipation of Federal Reserve Board Chairman Ben Bernanke’s remarks Thursday. Traders sold Treasury bonds and bought stocks, hoping Bernanke would announce a new monetary stimulus. They were sorely disappointed. Speaking to the Joint Economic Committee of Congress, Bernanke emphasized that the Fed has America’s …
President Obama is raising significant campaign cash from a company that received a federal contract worth nearly $30 million just months after a top White House official signed on as a senior vice president. During his Wednesday trip to California, Obama met with a group of 25 high-powered donors who …
Within one year of being elected, Governor Scott Walker (R) reformed the state’s public sector pension system, eliminated a $3.6 billion budget deficit without raising taxes, saved taxpayers hundreds of millions of dollars, and helped create the conditions that have allowed Wisconsin’s economy to grow again. Meanwhile, thanks to the …
In this week’s Heritage in Focus, listen to Dr. Matt Spalding discuss how to change America’s course, beginning with the Wisconsin recall election of Governor Scott Walker. Click here to listen. Why is limited government more moral than the alternative the president has been offering? What’s most important to change …
A company that has lobbied for greater federal transportation funding may have overcharged the federal government by millions for a construction contract, according to a recent report by federal watchdogs. Watsonville, California-based Granite Construction has been prodding Congress to maintain or increase federal funding for transportation construction projects. The company’s …
An outdated U.S. law adopted in the aftermath of World War II prevents Americans from listening to broadcasts on Voice of America and other taxpayer-supported broadcasters. Yet when two lawmakers offered a bipartisan solution to reverse that prohibition, critics on the right and left complained that our own government would …
A Wisconsin political advocacy group with ties to the Democratic Party and Big Labor is circulating pamphlets to state residents revealing their neighbors’ names, addresses, and voting histories. The campaign is an apparent attempt to pressure residents in the Madison area, which is overwhelmingly Democratic, to vote in Tuesday’s gubernatorial …
President Obama and his surrogates have repeatedly insisted that federal backing for green energy companies like Solyndra is somehow superior to private equity investing, since federal bureaucrats are concerned with more than enriching investors. But “investors” in an Obama presidency – i.e. his top supporters – have reaped the benefits …
