Earlier this month, Ecuador’s National Assembly passed legislation that would nationalize the country’s private credit reporting industry. President Rafael Correa has to decide by November 4 whether or not to sign it. The legislation would permit only the government’s central public data agency to provide credit reports and scores. Private …
The United States isn’t the only country in North America grappling with the fiscal problems caused by an aging population and mounting federal deficits—Canada faces a similar fate. The difference is that, while the United States just passed a $1 trillion-plus government overhaul of health care, incorrectly justified by claims …
Within a span of just a few hours this week, three seemingly unrelated events all, by happenstance, made headlines in America: the one-year anniversary of President Obama’s inauguration, a historically earthshaking election in Massachusetts, and the release of The Heritage Foundation’s Index of Economic Freedom. But perhaps there are no …
Under the government-proposed public health plan, “people will involuntarily lose their coverage and will be bled into the new plan,” said Heritage’s senior policy analyst for health care Nina Owcharenko at yesterday’s Blogger Briefing. “They expect they would have their private insurance plans competing with the public plan but at the end …
With General Motors slated for nationalization, and the government holding major stakes in Chrysler and several major banks, many concerned observers have been asking when it will all end. President Obama, however, has not even ventured a guess. The omission is an odd, and dangerous, one: the president who campaigned …
U.S. Rep. Marsha Blackburn issued a warning to her Senate counterparts who are introducing massive health reform bills this week: Learn from Tennessee’s experiment into “nationalized” health care. “All approaches for a nationalized health care system simply don’t work, and we saw this with TennCare,” Blackburn said this week during …
The Administration’s plan to take over General Motors certainly startled a lot of people, both in the U.S. and internationally. Now comes word that even Hugo Chavez — an acknowledged expert in the theory and practice of nationalization — found the move remarkable, publicly musing as to whether President Obama …
Right now, the world has too little capital, too few jobs, and too little growth. So what do Europe’s leaders want to do? Press for yet more job-killing regulation and more investment-stifling oversight, with a heaping helping of “global governance” on top. If this wasn’t so dangerous, it would be …
