By AFL-CIO April 13, 2009
Text by Seth Michaels Who’s behind the opposition to the Employee Free Choice Act ? It’s the same corporate executives and Wall Street millionaires whose greed and irresponsibility led to our nation’s economic crisis—the same people who are looking for taxpayer-funded bailouts...
By The Cato Institute April 02, 2009
Why did some banks and financial institutions fail and others succeed? There are many reasons, but one common ingredient of those that have not failed is that they are organized as partnerships and/or are controlled by a family, or are closely held by a few senior officers. That is, they...
By Ayn Rand Center for Individual Rights April 07, 2009
By Alex Epstein, analyst at the Ayn Rand Center for Individual Rights What must be done to recover from this financial crisis? Barack Obama rightly stresses that we first must understand how today’s problems emerged. It is “only by understanding how we arrived at this moment that we’ll be...
By Robert Reich May 07, 2009
The outcome of the "stress tests" will be that the banks needing extra capital will get it from the Treasury. But where will the money come from, now that the TARP fund is almost exhausted and Congress is dead set against providing more bank bailout money? The Treasury will simply swap debt...
By U.S. Climate Task Force May 12, 2009
Public awareness has posed a significant challenge to environmental advocacy in recent decades. Fortunately, education efforts have paid off. Today, most Americans recognize the need to protect our environment and address the threat of climate change . But with our attention now turned toward...
By Reason Foundation July 15, 2009
By Tim Cavanaugh Is our long international nightmare over? Has the recession ended already? Yes, says Bank of America Merrill Lynch. (Now there's a company that combines the two names everybody thinks of when they think of sound financial planning and long-term economic vision.) According to a...
By Reason Foundation July 28, 2009
by Radley Balko In response to last week's arrest of Levy Izhak Rosenbaum, who's accused of trafficking black market human organs, Village Voice blogger Roy Edroso dials up the snark , and challenges libertarians who advocate a free market in body organs to defend Rosenbaum. There are...
By Public Citizen December 03, 2009
By Robert Weissman, president, Public Citizen Americans have a right to expect Wall Street to pay . Wall Street should pay for the trillions of dollars of public supports it has received to continue operation, and it should pay for the massive damage it has inflicted on the national and global...
By Reason Foundation January 18, 2010
By Tim Cavanaugh It didn't take long for the constitutional weaknesses in President Obama's proposed "Financial Crisis Responsibility Fee" to become clear . Eric Dash of Los Tiempos de Nueva York reports that a trade group is already setting up for an eventual constitutional...
By Reason Foundation June 10, 2009
The feds may not be able to arrest people for gambling online (technically, it isn't illegal), but it looks like they plan to make life pretty difficult for them. From the Wall Street Journal: In an apparent crackdown on Internet gambling, federal authorities in New York have frozen...
By OpenSecrets.org June 11, 2009
Although the economy didn't show many signs of improvement in the first few months of 2009, Democrats were benefiting more from Wall Street than they had in any previous cycle, pulling in 58 percent of all contributions that the finance, insurance and real estate sector gave between January...
By Suzanne Venker June 15, 2009
Today there's an article in the WSJ titled "Conservatism and the University Curriculum." The fact that college campuses are dominated by liberals and teach solely through this lens should be of paramount importance to Americans. It is no small matter. When I was in school (at Boston University...
By Robert Reich June 17, 2009
As the White House unveils its long-awaited proposals to prevent another Wall Street meltdown in the future, keep a lookout for three essentials. Without them the Street will revert to its old ways as soon as the coast clears. In fact, now that the government has bailed out the Street, the biggest...
By Suzanne Venker July 07, 2009
Theoretically, conservatives should be able to take a lot of heat from the media . After all, the liberal media represents the minority , not the majority, in America. Despite their constant presence in our lives, the beliefs of those in the media are in stark contrast to most Americans'...
By The Cato Institute August 03, 2009
by Doug Bandow Sigh. Will the error never end? If you listen to Washington, you would think that taking money from taxpayers, who otherwise would buy cars , homes, computers, and any number of other items, and giving it the same taxpayers to get them to buy cars is a great way to stimulate the...
By Reason Foundation August 09, 2009
How awesome is the iPhone? As a proud owner—I camped out overnight to get 2008's 3G model—I'll vouch for its addictive niftyness, and admit that I often find myself wondering how I ever got through a day without one. Between the intuitive touchscreen interface and the endlessly delightful...
By Public Citizen September 22, 2009
Everybody knows that insider trading is illegal. Wall Street big wigs who get caught giving their cronies valuable information before it’s made public go to jail. Yet, those same rules don’t apply in the halls of Congress where members, their staffs and other federal officials can use the...
By Heritage Foundation October 05, 2009
In what was billed as doctors trekking across the country to enthusiastically support President Barrack Obama’s health care agenda, his press conference at the White House on Monday was in need of serious resuscitation. From a lackluster response among the 150 doctors...
By Robert Reich October 06, 2009
In his Saturday radio address, President Obama acknowledged the White House is exploring "additional options to promote job creation.” It's about time. This is the worst job market in seventy years -- including the longest duration of steep job losses. If anyone had any doubt that something far...
By Public Citizen December 07, 2009
Need an explanation of cap and trade that even a climate change denier could understand? Check out this short video hosted by Annie Leonard whose film Story of Stuff took a hard look at our culture of excessive consumerism. She continues the theme with a series of new videos that will...
By The Cato Institute June 14, 2009
By Daniel J. Mitchell With about 100,000 employees (more than the CIA and FBI combined), the IRS has plenty of people who daydream about new ways of taking money from taxpayers. The latest scheme to emanate from the tax bureaucracy is to classify employer-provided cell phones as a taxable...
By The Cato Institute June 30, 2009
By Gene Healy "I am a firm believer in the power of the free market," President Obama told the Wall Street Journal recently. The "irony" surrounding his public image as a collectivist, the president insisted, was that "I actually would like to see a relatively light touch when it comes to the...
By John Rafuse July 15, 2009
Once again, we’re living through volatile price swings with gasoline prices . Despite the most recent decline, the price of oil has risen 55% since the beginning of the year. Now, we’ll no doubt go through the inevitable routine of “rounding up the usual suspects,” as Claude Raines...
By Heritage Foundation July 29, 2009
The national gas price average is $2.51 for July 28, 2009, far less than the $3.96 it was one year ago to this date, but still high enough to make you groan as you wait for a seemingly-endless long time for that click of the pump, letting you know your tank is full. And, just like every other...
By AFL-CIO July 29, 2009
A key congressional committee took another step toward reforming the way Wall Street works yesterday. By a vote of 40-28, the House Financial Services Committee approved H.R. 3269 , the Corporate and Financial Institution Compensation Fairness Act. The act would help end the excessive...
By Reason Foundation August 06, 2009
News Corp chairman Rupert Murdoch says he's bringing the days of the free interwebs to a close . In the course of reporting some extremely grim financial results, Murdoch said News Corp intends "to charge for all our news websites," adding, "If we're successful, we'll be followed by all media...
By AFL-CIO September 29, 2009
Some people say they don’t want health care reform because they don’t want the government involved. Or—shiver me timbers and pass the Socialist smelling salts—they don’t want a “government-run health care system.” Here’s news for them: The private health care system in the...
By National Center for Policy Analysis October 15, 2009
Three recent, widely reported studies on spanking children claimed to show that the disciplinary practice impairs cognitive development in children. Together, they held out the promise of providing the latest, definitive word on a passionate debate, says the Wall Street Journal. Statistical...
By Public Citizen November 24, 2009
By Rick Claypool As the smiling pundits chatter incessantly to maximize participation in the traditional post-Thanksgiving festival of mass consumption this year, Black Friday is emerging this year with exaggerated significance for those who equate the health of Wall Street with the health of...
By Natural Resources Defense Council December 03, 2009
By Andy Stevenson The "trade" portion of the cap and trade bill is getting a lot of heat from the left and the right as being just another way for the banks to get rich and leave us with the bill. These concerns are certainly understandable given the fact that the American consumer is still...