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  • Barack Obama

    The Tax Punisher

    President Obama’s new corporate tax proposals cover two issues: tax evasion and tax punishment. He may have it half right. The tax evasion part is relatively easy. When U.S. taxpayers maintain foreign accounts with foreign financial institutions, Obama wants the financial institution to tell the Treasury about the accounts in … More

    No More Blaming Bush

    Under the header “It’s All On Obama Now” Los Angeles Times columnist Peter Nichols writes: Every president inherits a tangle of problems from his predecessor. War and recession, natural disaster and foreign crises. And for some undefined interval, new presidents argue that they should not be accountable for the troubles … More

    We're Already Paying for Obama's Debt Tsunami

    The New York Times reports today: As the Obama administration racks up an unprecedented spending bill for bank bailouts, Detroit rescues, health care overhauls and stimulus plans, the bond market is starting to push up the cost of trillions of dollars in borrowing for the government. Last week, the yield … More

    Obama's Empathy Standard

    President Barack Obama outlined his criteria for appointing a replacement for retiring-Justice David Souter today. In Obama’s world, justice should not blind, instead: I will seek …. someone who understands justice and isn’t about some abstract legal theory or footnote in a case book, it is also about how our … More

    Obama’s Outcome Based Jurisprudence

    Following the news that Justice Souter will be retiring this summer after the Supreme Court’s present term ends, President Obama dropped into the White House briefing room this afternoon and commented on how what he will be looking for in a replacement. Unfortunately, his remarks were in keeping with his … More

    Meddling with Unacceptable Speculators

    “I want to disabuse people of this notion that somehow we enjoy, you know, meddling in the private sector.” – President Barack Obama, April 29, 2009 “After consulting with my auto task force, industry experts, and financial advisors, I decided to give Chrysler and Fiat 30 days to reach an … More

    Au Contraire, Mon Frère

    [youtube]http://www.youtube.com/watch?v=Z74Akf1WUbU[/youtube]

    Fact Checking Obama

    We highlighted the Associated Press’ FACT CHECK on President Barack Obama’s deficit cutting claims this morning, but that was not the only area where Obama stretched the truth. On jobs: OBAMA: “We began by passing a Recovery Act that has already saved or created over 150,000 jobs.” – from news … More

    Morning Bell: The Question That Didn't Get Asked

    Yesterday before President Barack Obama’s 100 days news conference, the Commerce Department released data showing that the U.S. economy shrank at an annual rate of 6.1% in the January-March quarter. This comes on top of a report from the Bureau of Labor and Statistics released earlier this month showing that … More

    Not Giving School Choice Its Due

    The Hill reports that President Obama’s contribution to Sidwell Friend’s recent fundraising auction was less than impressive, if not downright disappointing. The school, which is home to first daughters Malia and Sasha, holds the auction to fund scholarships for low-income children whose families cannot afford tuition at the elite school. … More