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    US-China Trade: Only A Temporary Reprieve

    Today’s papers give the impression of a collective exhale on U.S.-China relations. Chinese President Hu Jintao is coming to Washington for a global nuclear security summit and that means a trade war over exchange rates has been averted. However, a better term than “averted” is “postponed.” It is probably true … More

    Obama's Bank Tax - The Victim is YOU!

    So President Obama wants to slap a tax on banks, but should you really care? Absolutely. Those taxes are going to wind up costing YOU money, whether you’re a customer, a bank employee or an investor, according to the non-partisan Congressional Budget Office (CBO). As ABC News reports, the CBO … More

    "Mostly Free" Means Fewer Jobs, Less Money for Millions in U.S.

    This year’s Index of Economic Freedom contains the unsettling news that the United States has dropped out of the exclusive club of free economies and is graded “mostly free” for the first time in the Index’s 16-year history. The United States’ Index score dropped from last year’s 80.7 to this … More

    The U.S. Isn't as Free as It Used to Be

    The United States is losing ground to its major competitors in the global marketplace, according to the 2010 Index of Economic Freedom released today by the Heritage Foundation and The Wall Street Journal. This year, of the world’s 20 largest economies, the U.S. suffered the largest drop in overall economic … More

    Howard Dean: Obamacare Bigger Bailout for Insurance Companies Than AIG

    On Good Morning America today, former-Vermont Governor and former-Democratic National Committee Chairman Howard Dean told host George Stephanopoulos: This is a bigger bailout for the insurance industry than AIG. A very small number of people are going to get any insurance at all, until 2014, if the bill works. … … More

    If Government Rewrites News

    If you liked how the government shoved its nose into high finance, “green” energy, automaking and health care, you’re gonna love what it does with your local news. That’s the prospect opened by a new study from an old-line bastion of objectivity, the Columbia School of Journalism, on how the … More

    The Mickey Mouse Bailout Act

    In yet another victory for corporatism over the free market and the American taxpayer, the Senate is expected to pass the Tourism Promotion Act of 2009 later today. The bill, a top priority of Majority Leader Harry Reid (D-NV), would create a new government-run entity to promote international travel funded … More

    Press Conference Reaction: "All the Hundreds of Days to Follow"

    Tonight, President Obama held his third prime time press conference of his young presidency to mark his 100th day in office. This press conference was similar in tone and agenda to his previous pressers, down to the mammoth teleprompter hovering over the back of the room. It also continued a … More

    Nationalizing Chrysler

    “Let me be clear: The United States government has no interest in running GM,” President Obama said just three weeks ago. He continued: “We have no intention of running GM.” But what about Chrysler? In a letter to employees released late last night, Chrysler CEO Bob Nardelli stated that, under … More

    Tea Party 101: Prepare for Tax Day

    Tomorrow, thousands of Americans across the country will organize on Tax Day to protest the tax, borrow, spend and bailout policies of Washington. Whether large or small, these demonstrations will all have one message in common: Enough! Over the past three months, Americans have seen an already out-of-control government spend … More