Archive for January, 2009

Obama and the War on Terror »

After the administration ordered a missile strike in Pakistan that killed at least several children, Vice President Biden indicates that these attacks will continue. The Democrats have long argued that Bush “neglected” Afghanistan and Pakistan, where the real war on terror should be. Obama has always said we need more troops in Afghanistan, which...
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The California State Budget Disaster »

Voted in as Governor of California in a 2003 recall election of Gray Davis and his then $34.6 billion state government budget crisis, Arnold Schwarzenegger has since presided over a 40% increase in spending and a projected $42 billion deficit for the current fiscal year. At the Sam Adams Alliance’s Sunshine Review, the National...
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Fannie Mae’s First Chief Credit Officer Blames Government for Sub-Prime Meltdown »

In an insightful interview, Fannie Mae’s first Chief Credit Officer, Edward Pinto, corroborates our Research Fellow Stan Liebowitz‘s Independent Policy Report, Anatomy of a Train Wreck: Causes of the Mortgage Meltdown. Interviewed by Chip Hanlon, President of Delta Global Advisors, Pinto discusses how the affordable housing/lending lobby chipped away at lending standards until there...
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Big “Duh,” No. 1 »

Here’s a headline no one should be surprised to see: “Political Interference Seen in Bank Bailout Decisions“ (Nor surprised to see Barney Frank the poster boy for such: see also “‘Saturday Night Live’ Lampoons the Bailout“)

Halbrook Testimony on C-SPAN on Nominee Eric Holder for Attorney General »

Here is Research Fellow Stephen P. Halbrook on C-SPAN on January 16th before the Senate Judiciary Committee, testifying against the confirmation of Eric Holder, Jr., for Attorney General of the U.S. Dr. Halbrook’s full written testimony is available here. He is the author of the recent Independent Institute book, The Founders’ Second Amendment: Origins...
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New Libertarian E-Journal »

It’s Libertarian Papers, edited by Stephan Kinsella: Welcome to a new type of libertarian publication: fast, scholarly, accessible to all. Libertarian Papers is a peer reviewed, exclusively online interdisciplinary journal. We welcome contributions on any suitable topic of libertarian scholarship, including philosophy, economics, legal theory, political science, history, and social/cultural analysis and philosophy. Libertarian...
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Oh, Joyful, Joyful Coronation Day »

I was awakened this morning by bright sunlight that penetrated the shade on my bedroom window. A bright, sunny winter day is not an unusual occurrence in southeast Louisiana, where I live, but today’s brightness and sunniness were the brightest and sunniest I have ever seen. Something has changed. I went out to tend the...
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Another Inauguration of the Imperial Presidency »

America’s first president George Washington noted that: Government is not reason, it is not eloquence, it is force; like fire, a troublesome servant and a fearful master. Never for a moment should it be left to irresponsible action. And 19th-century English historian and political philosopher Lord Acton incisively stated that: Power tends to corrupt,...
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Another Presidential Inaugural Speech »

I listened today to Franklin D. Roosevelt’s presidential inaugural speech. No, not the famous one given in 1933, in which he assured Americans that they had nothing to fear but fear itself, but the one he gave in 1941, as he began his third term as president. It’s a good speech, as such speeches go....
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Survey Finds Three of Ten Americans Are Clueless »

A recent public-opinion survey reports the following findings: Sixty-eight percent of those questioned in a CNN/Opinion Research Corp. poll released Sunday said that Bush’s eight years in the White House were a failure. . . . Thirty-one percent said they consider Bush’s presidency a success. . . . Only 3 percent of those questioned...
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