The 2009 Index of Economic Freedom
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
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
Nothing gathers a crowd in Washington like the sight of money being handed out. Banks, carmakers and now ethanol? From the Wall Street Journal: The… Read More
It pains us to quote Thomas Friedman but this, unfortunately, sounds on target: It is both eye-opening and depressing to look at our banking crisis… Read More
At some point in every law school, students are taught the old lawyer’s trick of “inconsistent pleadings.” The classic example of this involves a case… Read More
Despite the fact that Congress intended the $700 billion Troubled Asset Relief Program (TARP) solely for financial institutions, the Bush administration, the Treasury, Members of… Read More
“I’ve abandoned free-market principles to save the free-market system.” President George Bush on CNN, November 16, 2008.
Washington Post assistant managing editor Eugene Robinson believes that anyone who opposes a federal government bailout of General Motors and Chrysler is a “lunatic.” So… Read More
Well, that’s what The Washington Post‘s Eugene Robinson said. He didn’t say that word for word, but he might as well have. This is what… Read More
Surely, some concessions can be made, right?
One of the key litmus test issues for the online left is support for ‘net neutrality’. Never heard of it? You’re not alone. As a … Read More