Morning Bell: Is Obamacare Consistent With Our First Principles?
During one of Sen. Arlen Specter’s (D-PA) early health care townhalls in Lebanon, Pennsylvania; mother of two Katy Abram told the audience: “I don’t believe this… Read More
During one of Sen. Arlen Specter’s (D-PA) early health care townhalls in Lebanon, Pennsylvania; mother of two Katy Abram told the audience: “I don’t believe this… Read More
Celebrating the fact that his administration has blown through $1 billion in deficit spending on the “Cash for Clunkers” program in just one week, President… Read More
Heritage’s J.D. Foster on the deficit: “President Obama talks about responsibility, but the budget deficit this year is approaching $2 trillion and the national debt… Read More
The Obama Administration promised unprecedented transparency in its financial recovery efforts, including a gee-whiz $18 million web site, Recovery.gov. The problem is that the Administration… Read More
American families would receive $5,000 and individuals $2,000 to buy health insurance if their employers didn’t offer it, according to new health reform legislation introduced… Read More
Less than 24 hours after Heritage Foundation President Ed Feulner questioned the veracity of President Obama’s persistent claim that, under his health care proposals, “if… Read More
We have long believed that the Treasury Department’s TARP interventions have become possibly the single most disruptive force in the global economy. Under the header… Read More
President Obama has appointed yet another czar. This time it’s a pay czar, Kenneth Feinberg, to monitor the compensation paid to seven companies currently under… Read More
In his statement yesterday announcing that 10 banks would be repaying $68 billion in TARP bailout funds, President Obama proudly asserted that the step would… Read More
WHY TARP NEEDS OVERSIGHT The announcement that the government would provide $30 billion dollars more in TARP funds to General Motors in exchange for a… Read More
Yesterday, the Treasury Department announced that 10 financial institutions had been cleared to return their TARP bailout money — totalling some $68 billion to the… Read More
Yesterday afternoon, Supreme Court Justice Ruth Bader Ginsburg issued an order delaying the sale of Chrysler’s assets to a new firm controlled by Fiat, in… Read More
Obama administration Council of Economic Advisers member Austan Goolsbee was on Fox News Sunday yesterday defending Obama’s intervention in the economy. In the clip below,… Read More
Despite his many promises to the contrary, President Barack Obama has repeatedly failed to bring transparency to the federal government. That failure now continues with… Read More
Announcing the nationalization of General Motors this Monday, President Barack Obama insisted, “What we are not doing — what I have no interest in doing… Read More
Yesterday, after President Barack Obama again insisted he did not want to run General Motors, we questioned just how reluctant a shareholder the Obama administration… Read More
At midday today, President Barack Obama will announce details of his administration’s $30.1 billion plan to restructure General Motors. Despite claiming that the administration “will… Read More
Heritage fellow James Gattuso: Congratulations: If you are a U.S. taxpayer, you will soon be a part owner of a car company. Under the latest… Read More
Speaking to a celebrity studded fundraiser for the Democratic National Committee in Beverly Hills last night, President Barack Obama humbly proclaimed he “would put these… Read More
Today President Obama stood on the world stage and demanded that suspected terrorists be treated under the “rule of law.” In fact, he used the… Read More
During yesterday’s Senate Banking committee TARP oversight hearing, Sen. Jim DeMint (R-SC) asked Treasury Secretary Tim Geithner: So it’s your understanding that you have $700… Read More
What if they ran a bailout program and no one came? Last year, the Bush Administration Treasury Department opened TARP’s doors to insurance companies, a… Read More
Earlier this month the Treasury Department found that all 19 banks subject to government “stress tests” passed. Now this past Sunday, White House Director of… Read More
Ever since the results of the government’s stress tests were released, banks across the country have been rushing to escape from their TARP traps. Now… Read More
“I don’t want to run auto companies.” – President Barack Obama, April 29, 2009. “Obama Halves Chrysler’s Planned Marketing Budget” – Advertising Age, May 11,… Read More
In the weeks leading up to last week’s release of “stress test” results, there was quite a bit of talk about more bailout money for… Read More
The New York Times reports: Hartmarx, known for its Hart Schaffner & Marx and Hickey Freeman suits, and for making President Obama’s inauguration tuxedo and… Read More
In a surprisingly frank statement this morning, General Motors CEO Fritz Henderson confirmed that the Treasury Department is calling the shots on the company’s on-going… Read More
The results aren’t officially out yet, but it looks like 14 of the 19 financial firms subjected to “stress tests” by the Treasury Department passed… Read More
The Obama Administration appears about to walk away from $7.5 billion in taxpayer money used to prop up Chrysler. This little information nugget was buried… Read More
