Under growing pressure from conservatives and “tea party” activists, Sen. John McCain of Arizona is having to defend his record of supporting the government’s massive bailout of the financial system. In response to criticism from opponents seeking to defeat him in the Aug. 24 Republican primary, the four-term senator says he was misled by then-Treasury [...]
Justice Thomas Defends Campaign Finance Ruling – NYTimes.com
February 4, 2010 By Leave a Comment
WASHINGTON — In expansive remarks at a law school in Florida, Justice Clarence Thomas on Tuesday vigorously defended the Supreme Court’s recent campaign finance decision. And Justice Thomas explained that he did not attend State of the Union addresses — he missed the dust-up when President Obama used the occasion last week to criticize the [...]
The Bernanke Nomination – WSJ.com
January 24, 2010 By 1 Comment
The White House said yesterday it has damped down a political revolt against Ben Bernanke and now has the votes to secure the Federal Reserve Chairman’s second four-year term. Whether or not Mr. Bernanke is confirmed, the lesson we draw is that overly political central bankers will eventually be undone by politics. There’s no doubt [...]
A Victory for Free Speech
January 22, 2010 By 95 Comments
The Cato Institute’s Ilya Shapiro explains why the Supreme Court’s ruling this week was a win for free expression and democracy.
Supreme Court Overturns Limits on Election Spending – WSJ.com
January 22, 2010 By Leave a Comment
Freedom has had its best week in many years. On Tuesday, Massachusetts put a Senate check on a reckless Congress, and yesterday the Supreme Court issued a landmark decision supporting free political speech by overturning some of Congress’s more intrusive limits on election spending. In a season of marauding government, the Constitution rides to the [...]
Finally! Muslims Stand Up Against Islamic Terrorism
January 9, 2010 By Leave a Comment
Ibrahim Al Jahim and Majed Moughni hold a sign that says, “Not In The Name Of Islam” outside Federal Courthouse
Totally absent from the nations headlines, with the exception of Fox News, is a startling and unprecedented development in the war on terror. As the panty bomber got his day in court yesterday, the real [...]
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Geithner’s New York Fed Pushed AIG To Keep Sweetheart Deals Secret – Huffington Post
January 7, 2010 By 1 Comment
An arm of the Federal Reserve, then led by now-Treasury Secretary Timothy Geithner, told bailed-out insurance giant AIG to withhold key details from the public about overpayments that put billions of extra tax dollars in the coffers of major Wall Street firms, most notably Goldman Sachs. The sordid tale unfolds in a series of e-mails [...]
FCC ‘not carrying out secret plot funded by George Soros’ to silence ‘right wing haters.’ Phew!
December 21, 2009 By Leave a Comment
I rarely find sarcasm reassuring.
So what to make of a speech given last Monday, by the Federal Communications Commission’s (FCC) new chief diversity officer? Mark Lloyd told that meeting of the Media Access Project (MAP):
I am not a Czar appointed by President Obama. I am not at the FCC to restore the Fairness Doctrine through [...]
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Bernanke Man of the Year: Because TIME Loves Big Government
December 16, 2009 By Leave a Comment
Today, leftist magazine TIME announced the “Person of the Year” 2009. Although I’m sure they took several conservatives into consideration, the title went to…
Federal Reserve Chairman Ben Bernanke.
So what did Bernanke do to deserve this honor? Well, not much, really, except for, you know, prolonging the economic crisis and drastically increasing the size of the [...]
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Ben Bernanke: Bust of the Year – by Vasko Kohlmayer
Why should we expect the Fed Chairman to solve a crisis he didn’t see coming?