The Department of Justice’s (DOJ) civil suit against credit rating agency Standard & Poor’s (S&P) shows that laws that existed well before the financial crash of 2008 were more than sufficient to deal with its potential causes. While the specific charges in this suit will need to be litigated before …
On February 8, the government will release data on imports and exports for 2012. This annual release often ignites a misguided debate about trade deficits. A recent news report perpetuated a popular misstatement about how international trade works: Net imports suck cash out of the economy, subtracting from gross domestic …
Last week, the government convicted Tyrone Freeman, president of SEIU Local 6434 in Los Angeles, of 14 counts of illegally diverting union dues into his own pockets. His conviction illustrates the need for union financial transparency. However, the Obama Administration has steadily rolled back union transparency requirements. Freeman’s former local …
On Monday, Congressmen Mike Quigley (D–IL) and Aaron Schock (R–IL), along with Senator Mark Kirk (R–IL) and more than 15 other cosponsors, reintroduced the Visa Waiver Program Enhanced Security and Reform Act. The bill would expand the Visa Waiver Program (VWP), which allows citizens of participating countries to travel in …
Addressing our nation’s overspending problem cannot be done without reforming entitlements, especially Medicare and Medicaid. As Washington remains clearly divided over how to get it done, Senator Orrin Hatch (R–UT) has outlined 5 health care reforms that are bipartisan. These reforms have had the support of both parties in the …
Today is the start of National Marriage Week, a weeklong campaign to “strengthen marriage, reduce divorce, and promote marriage prior to childbearing.” Although marriage benefits society in many ways, this year’s National Marriage Week focuses on marriage as the leading antidote to child poverty. A child born and raised outside …
For more than four months, hackers based in the People’s Republic of China have been attacking The New York Times, the paper reported last week. The cyber attacks started on October 25, 2012—the same day the Times published an investigative piece illuminating the wealth the family of China’s Prime Minister …
