Archive for August, 2009
By Anthony Gregory | Tuesday August 18, 2009 at 10:42 AM PDT | 8 Comments
The Democratic Party agenda tends to be a mixture of socialism and corporatism, whereas Republicans probably emphasize corporatism and socialism. Obama’s health care plan has always been a hybrid, as most interventionist polices are in a mixed economy. Perhaps in the longterm he wants to move toward as fully socialist a system as possible,...
Read More »
Tags: Fascism, Free Market, Healthcare, Insurance, Intellectual Property, Nationalization, Politics, Regulation, Socialism, The State, Welfare
By Mary Theroux | Monday August 17, 2009 at 10:20 PM PDT | 3 Comments
As candidate for irony of the year award, note this news item wherein Bollywood superstar Shah Rukh Khan was detained Friday by U.S. immigration officials at Newark Liberty International Airport in New Jersey because his name matched with some names on a computer alert list. The actor is in the U.S. to promote a...
Read More »
Tags: Civil Liberties, Constitution, Entertainment, Personal Liberty, Police, Transportation, War
By Anthony Gregory | at 6:03 PM PDT | 0 Comments
Obama loudly denounced Bush’s policy of “extraordinary renditioning,” whereby terror suspects were captured, transferred through secretive CIA sites, and delivered to foreign regimes — ones denounced by Bush et al. for their cruelty, like Syria and Egypt — where they were tortured. Maher Arar is among the highest-profile victims of this policy. A Canadian...
Read More »
Tags: Civil Liberties, Corruption, Criminal Justice, Law, Middle East, Military, Personal Liberty, Presidential Power, Torture, War
By David Beito | at 8:14 AM PDT | 2 Comments
Now that Obama is in charge, the netroots (who led the fight against the Iraq war), no longer seem to care about foreign policy. If the antiwar movement ever makes a comeback, it won’t be because of them. At a recent gathering of the Netroots Nation, the participants were asked: “[D]o you, personally, spend...
Read More »
Tags: Afghanistan, Corruption, Integrity, Iran, Iraq, War
By Jonathan Bean | Friday August 14, 2009 at 7:41 AM PDT | 2 Comments
“Yale Press Bans Images of Muhammad in New Book,” by Patricia Cohen (New York Times, August 12, 2009) In 1951, Bill Buckley published God and Man at Yale, a polemic arguing that the Christian God was no longer welcome at Yale University, a school founded to train Christian ministers and educate students about their...
Read More »
Tags: Books, Education, Religion, Uncategorized
By William Shughart | Thursday August 13, 2009 at 8:38 AM PDT | 12 Comments
Ben Bernanke’s four-year term as Chairman of the Federal Reserve System ends on January 31, 2010. In a story published on August 12 and headlined “Economists Call for Bernanke to Stay, Say Recession is Over”, Wall Street Journal reporter Paul Izzo writes that “economists are nearly unanimous” in recommending that President Obama reappoint Mr....
Read More »
Tags: Bailouts, Federal Reserve, Money and Banking
By Mary Theroux | at 7:17 AM PDT | 9 Comments
When Nancy Pelosi convenes her new House Un-American Activities Committee to call forth ObamaCare protestors (see her “‘Un-American’ Attacks Can’t Derail Health Care Debate“), I hope she’ll find room on the docket for a few other, arguably more egregiously un-American activities—and bring their perpetrators to account: Torture In the black-and-white films I loved as...
Read More »
Tags: American History, California, Civil Liberties, Constitution, Corruption, Elections, Politics, Regulation, Taxation, The State, Torture, Transparency
By Randall Holcombe | Wednesday August 12, 2009 at 11:41 AM PDT | 1 Comment
In a blog post last week I questioned the fairness of the $33 million settlement Bank of America had agreed to with the SEC for concealing information related to its merger with Merrill Lynch. Now U.S. District Court Judge Jed Rakoff has put that settlement on hold, saying he is not convinced the settlement...
Read More »
Tags: Bailouts, Budget and Tax Policy, Business, Economics, Law, Money and Banking, Property Rights, Taxation
By William Shughart | Monday August 10, 2009 at 7:56 AM PDT | 0 Comments
Ever wonder how the Golden State managed to run itself into the $26 billion budget hole that only recently was papered over, at least for the coming fiscal year, in a beyond-the-last-minute deal between Governor Schwarzenegger and the California legislature? California’s Department of Transportation (CalTrans) supplies a modest but nevertheless instructive example of governmental...
Read More »
Tags: California, Transportation
By William Shughart | Friday August 7, 2009 at 8:00 AM PDT | 5 Comments
News reports suggest that the Obama administration’s “Cash for Clunkers” program has been an unalloyed success. Eligible for a rebate of up to $4,500 if they trade in their old (but not too old) gas-guzzlers, it is not surprising that the owners of qualifying vehicles have rushed to their local auto dealers to claim...
Read More »
Tags: Bailouts, Economics, Nationalization, Property Rights, The State, Transportation