Member of the European Parliament Daniel Hannan came to Heritage today to remind Americans why and how to avoid Europe’s mistakes. On March 24, 2009, Daniel Hannan became an overnight internet sensation when a YouTube recording of his three-minute speech responding to British Prime Minister Gordon Brown’s remarks before the European Parliament went viral. As the most viewed video for two days running and with over 2.4 million views to date, Dan Hannan’s speech opposing higher public spending, tax increases and record borrowing in the current economic crisis sparked international …
Last week, Michigan’s Bureau of Labor Market Information announced that their state’s unemployment rate spiked in June, hitting 15.2%, the highest rate since mid-1983. Five other states, Rhode Island (12.4%), Oregon (12.2%), South Carolina (12.1%), Nevada (12%), and California (11.6%) all have either matched or surpassed their all time unemployment highs. Nationwide, a total of fifteen states are now suffering from 10% unemployment. The Federal Reserve predicts that double digit unemployment will envelope most of the country later this year. But despite the weakness of the economy nationwide, one region …
When President Barack Obama included $1.1 billion for comparative effectiveness research in his economic stimulus bill, we warned that such funding would set the stage for government rationing of your health care: The House and Senate bills would establish a framework and funding for comparative effectiveness research and health information technology. While the Senate’s language is broad and vague, the House language provides further clarity. The House committee report states that “those [items] that are found to be less effective and in some cases, more expensive, will no longer be …
Newt Gingrich was on ABC’s This Week yesterday, and he nailed exactly why the Obama Trillion Dollar Debt Plan is destined to fail:[youtube]http://www.youtube.com/watch?v=oQ66wcoJgnw&eurl=http://www.foundry.org/&feature=player_embedded[/youtube] Our unofficial rush transcript: What you actually have is not change you can believe in. What you have is the fourth act of the Bush-Obama spend more plan. [Vice President Joe] Biden voted for all three of the first spending plans. The stimulus which failed in the spring. The housing bailout which failed in the summer. The Wall Street bailout which failed in the fall. Now we’re …
