“No compact among men … can be pronounced everlasting and inviolable, and if I may so express myself, that no Wall of words, that no mound of parchment can be so formed as to stand against the sweeping torrent of boundless ambition on the one side, aided by the sapping current of corrupted morals on [...]

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A bipartisan effort to stop the EPA’s anticarbon crusade.
Feb 7, 2010

The Obama Administration has been moving full-speed ahead on anticarbon regulation, never mind waiting for Congress to pass a bill. But now opposition is building among senior Democrats, with two powerful committee Chairmen introducing a bill last week to bar the Environmental Protection Agency from [...]

More evidence of ‘what works.’
Feb 7, 2010

President Obama’s fiscal 2011 budget calls for a 9% increase in federal education spending, and he has famously said that the money should go to “what works” in education. So he ought to take another look at Milwaukee, where the nation’s oldest and largest publicly funded school voucher program [...]

Andrew Cuomo has more to answer for than does Bank of America.
Feb 8, 2010
With his fraud lawsuit last week against Bank of America, New York Attorney General Andrew Cuomo has joined the long queue of politicians blaming bankers as the chief culprits in creating the financial panic and recession. We dealt with the merits of [...]

Tax increases can’t plausibly address the coming entitlement crisis.
Feb 8, 2010
By R. Glenn Hubbard
Moody’s Investors Service’s warning last week that the AAA credit rating of the United States is in jeopardy raises fresh concern about the nation’s fiscal health. The question to ask about the president’s eye-popping budget, also rolled out last week, is whether [...]

President Cristina Kirchner wants to pay foreign creditors but doesn’t want to use treasury revenues.
Feb 8, 2010
By Mary Anistasia O’Grady
After a month of wrangling, Argentine President Cristina Kirchner succeeded in sacking central bank President Martin Redrado last week. In his place she named Mercedes Marcó del Pont, a Yale-trained economist who has expressed the view [...]

Congressional appropriators aren’t focused on terrorism.
Feb 7, 2010

By RUSS FEINGOLD AND LEE HAMILTON
With the attempted airline bombing over Detroit still fresh in many people’s minds, it is now time to act on one of the 9/11 Commission’s most important recommendations: to give members of Congress who oversee intelligence agencies the power to set budgets for [...]

The rest of the world actively promotes its core industries. It’s time we did too.
Feb 7, 2010

By JOHN HOFMEISTER
Much is being said about the terrible financial returns and lack of economic growth in the “lost” decade that began the 21st century. Why should anyone be surprised?
As a nation we’ve been driving toward this no-growth plateau [...]

February 08, 2010

by Bruce Bialosky

Now that a stake has been driven through the heart of the omnibus healthcare bill proposed and drafted by the Obama-Pelosi-Reid Axis (with an assist from Henry Waxman), we can get down to real reform. The President has stated that he wants to work with Republicans. Then let’s start with the [...]