U.S. Taxpayer Dollars for Italian Automaker?
Will the United States government fund Italy’s Fiat’s attempt to own a majority stake in Chrysler? While most people were following other news on Tuesday,… Read More
Will the United States government fund Italy’s Fiat’s attempt to own a majority stake in Chrysler? While most people were following other news on Tuesday,… Read More
Last week both the AFL-CIO and the Center for American Progress claimed that seven out of the top ten countries on our 2009 Index of… Read More
After making news earlier this week for promising to make Social Security and Medicare reform a “central part” of his plan to curtail federal spending,… Read More
Washington Post, January 16, 2009: Senate Votes To Release Bailout Funds To Obama In a personal pitch to Democratic senators this week and in two… Read More
EconomyNews
It could have been a tragedy, but wasn’t. After yesterday’s dramatic Hudson River crash landing of a US Airways jet, all 155 passengers and crew… Read More
“We have tried spending money. We are spending more than we have ever spent before and it does not work.” Sound like, oh, Rep. John… Read More
The Washington Post’s Ruth Marcus noticed that Obama’s labor secretary nominee Rep. Hilda Solis (D-CA) was a little less than forthcoming at her Senate confirmation… Read More
Defending the Troubled Asset Relief Program The Washington Post’s Steven Pearlstein writes: Of course, because money is fungible, critics can always say that the Treasury… Read More
WASHINGTON – Ernest Istook, Chairman of the National Advisory Board for Save Our Secret Ballot, described at the Conservative Bloggers’ Briefing yesterday a grassroots, state-level… Read More
For 15 years, The Wall Street Journal and The Heritage Foundation have been measuring countries’ commitment to free-market capitalism in the “Index of Economic Freedom.”… Read More
Bill Beach, director of Heritage’s Center for Data Analysis, explains that aggressive tax relief would create or protect 3 million jobs between 2009-2011. [youtube]http://www.youtube.com/watch?v=Z7TBbOr6BWA[/youtube] Further… Read More
Last week Citigroup struck a deal with Senate Democrats accepting the Dems mortgage cram down in exchange for … well not much really. The Wall… Read More
President-elect Barack Obama and President George Bush have joined forces to obtain the second $350 billion of the original $700 billion TARP bailout fund. There… Read More
Frank Ahrens tracked down two of “America’s remaining free-marketers” and asked them to rewrite President-elect Barack Obama’s claim that: It is true that we cannot… Read More
Heritage analyst Andrew Grossman will be discussing the auto bailout with Wall Street Journal Former Detroit Bureau Chief Paul Ingrassia, Competitive Enterprise Institute General Counsel… Read More
Responding to the sticker shock of the Congressional Budget Office’s projected record $1.2 trillion budget deficit, President-elect Barack Obama said: We will — we are… Read More
If the Senate Democrat/Citigroup plan to allow bankruptcy judges to rewrite mortgage contracts becomes law, there is no doubt that many homeowners who are struggling… Read More
Two days into the new Congress, the majority has signaled they are unlikely to take their promise of fiscal discipline seriously. House democrats have turned… Read More
Barack Obama is trying to convince the American people that when it comes to his economic stimulus plan, “We’re guided by what works, not by… Read More
Bill Beach recently appeared on Bloomberg TV to debate with Will Straw from the Center For American Progress on what should be done with the… Read More
This year already we’ve heard calls for reintroduction of the Fairness Doctrine, and Internet censorship. Now, the first call for public funding for newspapers is… Read More
My Heritage colleagues have already noted that the auto bail-out violates the terms of the TARP legislation by extending funding beyond “financial institutions.” It also… Read More
Krugman writes today: The biggest problem facing the Obama plan, however, is likely to be the demand of many politicians for proof that the benefits… Read More
Judge for yourself. Meyerson writes today: If Abraham Lincoln were still among the living as he prepared to turn 200 six weeks from now, he… Read More
The Bush Administration’s disclosure that the Treasury Department had already transferred $5 billion in Troubled Asset Relief Program money to GMAC, and that another $1… Read More
Covering the Bush Administration’s latest attempt to save the free-market by abandoning free-market principles, The Washington Post reports: The new loans push the government’s planned… Read More
This morning the President announced that his Administration, acting unilaterally after Congress declined to intervene, will bail out the auto industry to the tune of… Read More
From the Detroit Free Press: Purpose: The terms and conditions of the financing provided by the Treasury Department will facilitate restructuring of our domestic auto… Read More
From the Machinery of Freedom by David Friedman, Milton’s son. Special interest politics is a simple game. A hundred people sit in a circle, each… Read More
Even as the Detroit automakers are asking Congress for a taxpayer bailout, the Detroit News reports that Ford Motor Co. is operating highly automated, highly… Read More
