In an otherwise perceptive account of the budget dilemma in which Congress finds itself, the Washington Post last week erroneously asserted it is “inevitable” that Congress “reach a deal to fund the federal government through September, the end of the…
Members of the U.S. House of Representatives are back home under siege from angry constituents terrified over the House version of ObamaCare. (View the videos here.) Meanwhile, a few Republican Senators remain huddled with Democrats on Capitol Hill trying to…
At a town hall meeting in the White House last week, a woman told President Obama about her 105-year-old mother Hazel Homer who had a pacemaker implanted five years ago after first being denied the procedure because she was “too…
It is true that what you see depends upon where you sit. But moving from one seat to another may as easily distort your perception of reality as clarify it. When Frank Keating was the governor of Oklahoma, he vigorously…
In his first address to Congress about three weeks ago, President Obama tried to explain how he intends to tax and borrow the nation out of recession. Markets haven’t bought it. “Obamanomics,” it turns out, is a demand-side economic strategy…
Much of the criticism of the $787 billion stimulus bill is focused on its cost. But what’s really at issue is a matter of life and death. Buried deep in the package, there is an expensive new healthcare program that…
Why is the federal government preparing to spend good money on bad goods — namely the banks’ toxic assets — and then planning to store them in a so-called “aggregator bank,” hoping they will improve with age? It’s like politicians…
If the American People are bailing out the banks and the big automobile manufacturers (yes they will), shouldn’t the American People also get stock and/or warrants in exchange, and shouldn’t they, The People, own the stock and warrants themselves rather…
“We inflate our paper currency, we repair commerce with unlimited credit, and are presently visited with unlimited bankruptcy.” — Ralph Waldo Emerson, The Young American, 1844 Whether with respect to America’s foreign policy or its economic policies, more and more…
As a frustrated Al Pacino complained in The Godfather Part III, “Just when I thought I was out, they pull me back in.” And he wasn’t even in the insurance business! Government modernizers, until recently, seemed ready to inject a…
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