How Bad is the Lincoln Derivatives Bill?
It makes a future market melt-down more likely. Today the Senate takes up Senator Blanche Lincoln’s amendment to regulate over-the-counter derivatives. The Lincoln bill is… Read More
It makes a future market melt-down more likely. Today the Senate takes up Senator Blanche Lincoln’s amendment to regulate over-the-counter derivatives. The Lincoln bill is… Read More
The latest word today is that the GOP is standing down from its standoff over the Senate’s financial-regulation bill. Specifically, word is that Republican leaders… Read More
The presidential Commission on Fiscal Responsibility and Reform convened Tuesday at the White House to address what leaders of both parties agree is one of… Read More
Economic freedom boosts job growth, as the Heritage Foundation’s 2010 Index of Economic Freedom empirically demonstrates. Now, there is more evidence in a state-level study… Read More
This week, efforts are underway to begin considering a bill sponsored by Senator Chris Dodd (D-CT) which he and the President have claimed would bring… Read More
The Dodd financial reform bill is beginning to scare executives. However, it is not necessarily scaring bankers or Wall Street fat cats. It is scaring… Read More
Liberals, and especially unions, frequently claim that raising the minimum wage helps workers and the economy. They contend that if people earn more money through… Read More
It appears that Saturday Night Live let their token conservative writer run wild last weekend producing this almost-too-real-to-be-funny sketch about government unions. If anything the… Read More
“I think there are many good arguments that you can make for a value added tax or a consumption tax, as opposed to a tax… Read More
Sen. Christopher Dodd insists that his financial reform bill is aimed at Wall Street companies. But USAA, the well-known financial-services company for members of the… Read More
Special interest handouts are not a pretty sight. Perhaps that is why lawmakers buried their latest one inside the bill reauthorizing the Federal Aviation Administration…. Read More
The Wall Street Journal reports that Barack Obama’s favorite capitalist, Warren Buffet, is seeking an exemption from Obama-endorsed derivatives rules for his insurance-and-everything conglomerate, Berkshire… Read More
During the debate on and after the Obama economic stimulus bill even some conservative economists were arguing the bill was needed to stabilize the economy. … Read More
President Barack Obama’s favorite rhetorical device is to lecture the American people about what are and are not “legitimate” public policy arguments. So throughout the… Read More
You may not realize it but government regulations affect each American every day. As the Environmental Protection Agency cheerfully notes in their pro-regulation video contest… Read More
General Motors CEO Ed Whitacre should have thought twice about the title of his Wall Street Journal op-ed, “The GM Bailout: Paid Back in Full.”… Read More
Yesterday, Senator Jim DeMint (R-SC) sat down with us for a quick interview before sitting on a panel with Congressman Tom Price (R-GA) and our… Read More
Sponsors of derivatives “reform” legislation claim it will reduce costs to derivatives users. Just how more government regulation is supposed to reduce costs in the… Read More
The United States is experiencing tough economic times and high levels of unemployment, leading to a dramatic increase in the number of young people taking… Read More
President Obama went to Wall Street today to make the case for financial regulation. Putting aside the bank-bashing rhetoric employed just a few months ago… Read More
President Obama has consistently ducked the question on whether he is considering a massive tax hike in the form of a value added tax (VAT)… Read More
A recent poll by Rasmussen shows that 58 percent of Americans lack confidence that they will receive their promised Social Security benefits in their entirety. … Read More
Last Friday, The Heritage Foundation hosted three experts on international monetary policy for a lecture titled, “The Dollar, The Euro, and the International Monetary Order:… Read More
Richard Florida, who is the author of “The Rise of Creative Class,” posed the following vital questions in his recent article “Free, Tolerant, and Happy”… Read More
Earlier this year, after Congress passed an increase in the debt ceiling, was deliberating over a trillion plus health care package, and the President’s Budget… Read More
One of many bureaucratic boondoggles in the Senate financial “reform” legislation is a “Bureau of Consumer Financial Protection Protection.” Just how exactly would the proposed… Read More
So now President Obama is threatening to veto financial reform legislation Democratic leaders in Congress are working to pass if it is not tough enough… Read More
Conservatives say the Dodd Finance Bill means Wall Street Bailouts Forever. Progressives say the Dodd bill “makes bailouts impossible.” Who’s right? Well lets ask Treasury… Read More
Believe it or not, there is currently no death tax. The 2001 and 2003 tax cuts repealed it but because of budgetary quirks the death… Read More
The folks over at Reason.tv have produced a great video explaining how public sector unions are stifling economic recovery. It notes that unionized workers already… Read More
