Government Bailouts Fail Again
The Corner‘s Iain Murray flags a valuable new study out of the University of Chicago on Treasury Secretary Hank Paulson’s bank recapitalization plan: We calculate… Read More
The Corner‘s Iain Murray flags a valuable new study out of the University of Chicago on Treasury Secretary Hank Paulson’s bank recapitalization plan: We calculate… Read More
Harvard economist Greg Mankiw’s letter to President-elect Barack Obama offers some great suggestions for the next four years: Congratulations, Senator Obama. You ran a good… Read More
There was no bigger media cheerleader for Barack Obama over the past year than MSDNC. Hardball host Chris Matthews famously admitted that Obama sent “a… Read More
Some of the most egregious policies implemented by Congress have been when Members failed to fully understand the costs and the benefits of that policy…. Read More
In several recent speeches by Sarah Palin, she has cited an analysis of Barack Obama’s tax plan prepared by the Center for Data Analysis (CDA),… Read More
A closer look at the Obama and McCain tax plans for the reveals that it is not just the “rich” taxpayers earning more than $200,000… Read More
NBA owners and players will have to swallow hard if that avid hoops fan, Barack Obama, is elected president and pushes through his tax plan…. Read More
Last week we documented Barack Obama’s devolving definition of who he considers to be rich. At first it was families making more than $250,000. Then… Read More
Reporting on the latest incarnation of the Wall Street Bailout, The New York Times managed to discover the concept of moral hazard today: As the… Read More
Could the current crisis usher in a new “New Deal”, with a new brand of corporatism to replace the free market system? Certainly European leaders… Read More
According to the latest news, the only obstacle remaining to complete a merger between General Motors and Chrysler is $10 billion in taxpayer money. Jui… Read More
During yesterday’s House Transportation and Infrastructure Committee Rep. John Mica (R-FL) claimed: “Every billion dollars in spending on infrastructure, on highway and transportation expenditures does… Read More
This week “60 Minutes” highlighted an obscure statute that some say is at the root of the recent market meltdown: the Commodity Futures Modernization Act… Read More
The Heritage Foundation recently published an evaluation of the candidates’ tax plans. This analysis assumed the tax reductions of 2001 and 2003 expired on schedule,… Read More
General Motors wants to merge with Chrysler. Doesn’t sound so bad, right? Turning Detroit’s Big Three into the Big Two might be just the remedy… Read More
…then how can we trust them to better manage the economy? A few weeks ago famed currency speculator George Soros made news complaining that financial… Read More
Since the housing bubble first began to burst, we have been quick to note the integral role that government-sponsored entities Fannie Mae and Freddie Mac… Read More
… then why are so many lightly regulated jurisdictions largely avoiding the current financial crisis? Tyler Cowen notes: A Friday article says this: The worldwide… Read More
One of the great untold stories about the Depression is that there were really two of them. By the mid-1930’s the U.S. economy was well… Read More
As defenders of the free market, The Heritage Foundation fully supports Google’s private sector investments in clean energy technologies. However, there are some troubling nuggets… Read More
As Reason‘s Jesse Walker notes, the Barack Obama campaign has publicly promised not to reimpose the Fairness Doctrine on broadcaster. We look forward to helping… Read More
…it would be a shame if something should happen to it. Gangsters threatening those who fail to knuckle under are rarely so unsubtle as Friday’s… Read More
CATO’s Chris Edwards writes: There is much talk of a second economic “stimulus” bill that would send tens of billions of added federal tax dollars… Read More
All this month Congress has been holding hearings supposedly looking into the causes of the financial crisis. As Heritage fellow Brian Walsh explains, the hearings… Read More
The Detroit News’ Henry Payne is always a must read but he really hit a home run last week with this cartoon on Fannie and… Read More
The Wall Street Journal is reporting this afternoon that the Treasury Department is mulling the expansion of its bank equity purchase program to cover insurance… Read More
It looks more and more like Joe the Plumber was on to something about taxes, though you wouldn’t know if from most of the polls… Read More
It appears more and more likely with each passing day that we’ll wind up with an Obama administration. If Obama is elected, we will face… Read More
Sen. Jeff Bingaman (D-NM) went on the Jim Villanucci Show on Tuesday and lauded the “more intelligent level” of public discussion that the Fairness Doctrine fostered… Read More
Under normal circumstances, the very concept of direct government purchase of bank stock of any type would be unthinkable and unacceptable. But it seems that… Read More
