Does Free Market or Government Concentrate Power in the Hands of Elites?
Robert Lawson has a great post at Division of Labor exploring the relation between power, free markets, and government: Let’s explore this point a bit… Read More
Robert Lawson has a great post at Division of Labor exploring the relation between power, free markets, and government: Let’s explore this point a bit… Read More
George Mason University economics professor Russell Roberts writes in today’s Wall Street Journal: Beginning in 1992, Congress pushed Fannie Mae and Freddie Mac to increase… Read More
The left is desperate to pin this financial crisis on the free market. The left knows that if the American people knew the truth about… Read More
The economic rescue package that the House will vote on tomorrow provides federal regulators with a broader array of tools to fight the economic problems… Read More
Automobile sales have plummeted across the board for the month of September. Not only were sales down for Chrysler (33%), General Motors (16%) and Ford… Read More
As the current financial crisis unfolds, the left has consistently tried to pin the blame on “deregulation” amorphously and President Bush specifically. So, for example,… Read More
Two stories in The New York Times today demonstrate why the increase in the level of deposits the FDIC can guarantee (from $100,000 to $250,000)… Read More
It appears that the Senate is already on the road to improving the financial rescue package that the House of Representatives rejected earlier this week…. Read More
Is the Bush Administration supporting yet another bailout? After seven delays and months of negotiations between Massachusetts and federal officials over the renewal of the… Read More
This week, Heritage senior fellow J.D. Foster squares off with American Prospect’s Robert Kuttner over how Congress should address the economy next in The Los… Read More
Last week the House approved a $25 billion loan for Detroit’s Big Three that, if signed into law, would cost taxpayers $7.5 billion. General Motors,… Read More
Former Attorney General Ed Meese and Heritage ‘s Dr. Stuart Butler make their case for a financial rescue plan: While there are those in Congress… Read More
By popular demand we are posting the text of the provision in the House bailout bill that requires Treasury to divert 20% of all profits… Read More
After Secretary Paulson released his first bailout draft, we enumerated some threshold constitutional issues that the proposed legislation failed to pass. The latest House bailout… Read More
As discussed in Senior Research Fellow in Regulatory Policy James L. Gattuso’s recent blog post, the House this week approved a new $25 billion loan… Read More
Only in Washington can $7 billion dollars be considered a small amount. But that seems to be the feeling among many in Congress, which is… Read More
It is only fair for taxpayers to expect to benefit if hundreds of billions of dollars of their money is used to purchase poor quality… Read More
In the previous post we enumerated what any financial clean up legislation must have to earn conservative support. But as important as federal action is,… Read More
Democrats on Capitol Hill are claiming they have reached a deal with President Bush on a plan to cleanse the financial system of bad housing-related… Read More
Heritage fellow JD Foster explains what led to the credit crisis and why it cannot be ignored. There are unprecedented problems in the financial markets…. Read More
According to Rasmussen Reports only 30% of Americans currently support a government clean up of the financial system. The reason why? 50% of Americans “say… Read More
Politico‘s Ryan Grim says he used to work for the Marijuana Policy Project. He really should lay off the mind altering substances before he attempts… Read More
Anyone who tries to explain the Wall Street crisis in a single sound-bite is foolish…or worse. But House Democratic Leaders have found a culprit they… Read More
The current financial turmoil has changed Wall Street as we knew it forever. Seven decades worth of cumbersome, outdated, and harmful regulation will have to… Read More
This morning we highlighted just the worst policy proposal liberals in Congress are trying to attach to the financial bailout plan. But Sen. Chris Dodd’s… Read More
Former Comptroller General of the United States and Fiscal Wake-Up Tour star David Walker outlines how our impending entitlement crisis parallels the current subprime mortgage… Read More
So much has happened in just the past week, but our analysts are on top of the situation. Here is what Heritage has so far… Read More
It has become an article of faith on the left that the 1999 Gramm-Leach-Bliley Act is to blame for the current crisis on Wall Street…. Read More
For years environmentalists have been prescribing mountains of new regulations on the fishing industry in an effort to protect fish populations. But their drive to… Read More
To hear leftist politicians and their media allies tell it, the current financial turmoil was directly caused by deregulations carried out in just the past… Read More
