By Rick Manning – It’s official. There is a housing crisis in America. The New York Times has weighed in with their prescription for the housing woes plaguing our nation’s economy. Not surprisingly, their solution is more government intervention, billions more on government loan modification programs that are proven failures 40 […]
The U.S. Senate unanimously blocked Obama’s 2012 federal budget by a vote of 97-0. Earlier in the evening, the Senate rejected Rep. Paul Ryan’s budget plan as well.
Senator Orrin Hatch (R-UT) and Rep. Dave Camp (R-MI) wrote to Health and Human Services Secretary Kathleen Sebelius yesterday expressing their deep concerns regarding the lack of transparency shown by the Obama administration in the ObamaCare waiver process. So far, 1,372 ObamaCare waivers have been […]
No surprise here, but taxpayers are definitely losing money on the bailout that was engineered by Obama and Bush for General Motors. As Shikha Dalmia wrote at Reason (bold text done for emphasis): …Bloomberg’s survey of 21 auto analysts put the average projected price for GM […]
By Frank McCaffrey – Diogenes, the Greek mythology figure, once used a lantern to find an honest person. Well, he would have found one in Illinois Treasury Secretary Dan Rutherford. ALG’s Robert Romano explains what this is all about:
By Adam Bitely – Friedrich August von Hayek and John Maynard Keynes have been the central part of a near century long battle over the role that government should play in the economy. Time and again, the ideas and theories of Keynes and Hayek have […]
By Rebekah Rast – There is no denying the overlap and ineffectiveness of various federally funded programs. And the federal government’s involvement in the education system is no exception. Even from looking at the President’s fiscal year 2012 budget, it seems not all federal education […]