The Economy: We knew something was funny when the White House claimed that 640,000 to 1 million jobs had been created from this year's stimulus. What we didn't know was...
Regulation: Washington is quietly preparing a hostile takeover of Wall Street with a new bill that would put regulators in control of managing asset prices.
While all...
The Job Report: Another month, another drop in payrolls. Will it ever occur to our leaders in Washington that what they're doing isn't working - and may actually be...
Junk Science: The oracle of climate disaster has a new book out on global warming that should be on the fiction list. He asks us to commit economic suicide while he...
Economy: As we said as far back as February, it was likely the U.S. economy would grow by the third quarter of this year. Well, it did - and the 3.5% rebound was better...
Big Government: Hardly a day passes without the unveiling of some new federal intrusion into our lives. At some point Americans must say "enough's enough," or sit...
Global Warming: A co-sponsor of cap-and-trade legislation has tried to convince the public that the regime would cost families only "about a postage stamp a day." The...
Executive Pay: Bank of America CEO Ken Lewis is working for peanuts this year. No, less than peanuts - he's working for nuttin'. Why? The government says so, that's why....
Social Security: The White House wants to give a special $250 payment to all 57 million recipients of retirement, disability and veteran benefits. If it does, it will...
Climate Change: As a Colorado Rockies playoff game is snowed out, scientists report that Arctic sea ice is thickening and Antarctic snow melt is the lowest in three...
Fiscal Policy: Sometimes the worst ideas are the most tempting. So it is with the value-added tax, or VAT - a potential money gusher for strapped governments but a...
Commerce: Last month's tariffs on Chinese tires were explained away as just upholding U.S. law, not the first shot in a trade war. So why are special interests now...
Energy: An amazing number of oil finds have been made this year, including the biggest in California in 35 years. If the world is running out of oil, why do we keep...
Global Warming: President Obama warns of planetary doom at the U.N. if we fail to pass cap-and-trade legislation. Meanwhile, a former warm-monger predicts decades of...
Trade: President Obama has fired the opening salvo in a trade war with China by slapping 35% tariffs on its tires. But besides giving China a kick, this protectionism...
Climate Change: A team of international scientists has finally figured out why sunspots have a dramatic effect on the weather. It shows the folly of fearing the SUV...
Economy: The jobless rate has hit a 26-year high. More than 200,000 jobs were lost last month. Yet the White House continues to claim its stimulus legislation is...
Taxes: With so many bad ideas rolling around Washington these days, what's one more? Democrats and their union allies think slapping a tax on investment trades is a good...
The Law: If there's any doubt Ecuador's $26 billion lawsuit against Chevron is nothing but a scam to shake down Big Oil, check out a new video of Ecuadorean operatives...
Unions And Politics: Big Labor finally has a friend in the White House and allies in control of Congress. But it still doesn't have the public on its side. If anything,...
Health Insurance: Driven by focus groups, the administration and Congress rail against insurance companies to get ObamaCare passed. So why have they been protecting the...
Antitrust Law: Congress and federal regulators are likely to put the Microsoft-Yahoo deal through the political meat grinder. Should the government have such power over...
Washington: The administration has fulfilled a promise to cut spending by trimming $100 million from the 2009 budget. That's right — $100 million with an "m," an...
Fiscal Policy: The House of Representatives is preparing to vote on an anti-stimulus package that in the name of saving the earth will destroy the American economy....
Free Trade: With unemployment at 9.4% and worse on the way, there's no doubt the economy's hurting. If the White House and Congress are serious about ending job...
Combing through the long list of stimulus projects, Coburn found some real winners. Projects that have won millions of taxpayer dollars include everything from a turtle...
Biden tried to rationalize the sad state of affairs, in which the jobless rate is now 9.4%, but finally just said that, "Everyone guessed wrong at the time the estimate...
But this is an inaccurate description of what budgeteers have dubbed "Paygo." If more money is spent, Congress doesn't have to "save" a dollar elsewhere at all — it...
Besides denying workers a right to a secret ballot, "card check," as it's known, also forces federal arbitration onto companies for union contracts, ensuring that either...
Maybe that explains what Leno's writers have been doing since his final show last Friday.Equally risible were these comments from Geithner shortly before departing for...
How's that compare with the other "stakeholders?" For spending $50 billion to bail out GM, the government will get 60% of the equity in the new GM; the UAW, which along...
Everyone knew this day would come. And virtually every economist and actuary who had run the numbers could tell you, within a few years' certainty, the system was going...
Well, so far this year, 1.9 million jobs have been swallowed by the recession. So he's already nearly five million jobs in the hole.Now, Christina Romer, chairwoman of...
But some time ago, eco-activists and their allies in Congress understood that they could march the country to the left by small degrees if they disguised socialism as...
But they won't. Yes, things are bad. But the fact is, even the nasty 6.1% drop in first-quarter GDP — following an even nastier 6.3% plunge in the fourth quarter —...
The latest restructuring includes shedding GM's Pontiac unit and offering the government a controlling stake in GM's stock. It would also give the UAW shares in exchange...
And why has this happened? The Troubled Assets Relief Program, or TARP, said Barofsky, is "inherently vulnerable to fraud, waste and abuse, including significant issues...
The plan was vacated, the panel ruled, because of allegedly insufficient environmental review because its "environmental sensitivity rankings are irrational."What is...
In fact, virtually all the data now out show either a bottoming or slight upturn in activity. As the year goes on, that will gather steam.Even banks, which we've been...
If that is the message heard loud and clear from this unprecedented national movement against the liberal Democratic rule in Washington, and if Republicans endorse those...