The Atlantic’s Megan McArdle looks over Barack Obama’s economic plans and doesn’t like what she sees. Focusing on taxes she writes: As if those things [trade and labor law] weren’t enough, he wants to raise the capital gains tax. There is a reason that most [countries] tax capital lightly–actually several …
In 2004, after a tip from a whistle blower who was later fired, the Office of Federal Housing Enterprise Oversight (Ofheo) issued a report finding that the government-sponsored entity Fannie Mae had engaged in Enron-like accounting machinations that allowed Fannie to overstate its earnings and underestimate the risk the company …
According to the non-partisan Annenberg Political Fact Check, Sen. Barack Obama’s tax plan would increase gross tax receipts by $103.3 billion in 2011 alone. That number by itself would make it the largest single-year tax increase in American history since World War II, and measured as a percentage of gross …
Noting the U.S. military’s return of Anbar Province to Iraqi control, the Christian Science Monitor’s Sam Dagher reports from Fallujah: This is a city literally rising from the ashes. While reminders of two major US assaults here in April and November 2004 are inescapable, signs of rebirth are plenty. Men …
In his speech today on faith-based programs, Sen. Barack Obama (D-Ill.) proposed that religious groups cannot compete for government contracts unless they give up their freedom to consider religion in their hiring decisions, a radical proposal that effectively repeals Charitable Choice: In order to receive federal funds to provide social …
Details are emerging today about Sen. Barack Obama’s proposal for a new “Council for Faith-Based and Neighborhood Partnerships.” While information is still being released, there are two immediate concerns with the proposal: The announcement emphasizes government funding — not changing the character of government to allow more space for civil …
