Big Government

CHINESE COMPANIES EMBARK ON SHOPPING SPREE IN EUROPE

JUNE 6, 2011 By JOHN W. MILLER Getty ImagesLi Shufu, chairman of China’s Geely, which bought Volvo cars from Ford, seen at Tiananmen Square in March. EXCERPT FROM THIS ARTICLE: Experts are predicting a surge of overseas takeovers by Chinese companies over the next decade. A five-year plan Beijing approved in March calls for establishing […]

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BOOK REVIEW – RECKLESS ENDANGERMENT

JUNE 3, 2011 Home Truths To keep itself politically bullet-proof, Fannie Mae paid competing lobbyists to sit on the sidelines. By JAMES FREEMAN Reckless Endangerment By Gretchen Morgenson and Joshua Rosner (Times Books, 331 pages, $30) ‘The American people realize they’ve been robbed. They’re just not sure by whom,” write Gretchen Morgenson and Joshua Rosner

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OBAMA’S NEW SECRETARY OF SUBSIDY

JUNE 2, 2011 Secretary of Subsidy Obama’s Commerce nominee knows all about corporate welfare. President Obama nominated John Bryson to head the Commerce Department on Tuesday, praising the Californian as “a business leader who understands what it takes to innovate, create jobs and to persevere through tough times.” That’s one way of describing someone with

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THE SCHUMER THREE-STEP – THE DODD-FRANK FINANCIAL REFORM LAW

JUNE 1, 2011 How to vote for a law and then raise money by deploring its results. Another day, and another cheerleader for the 2010 Dodd-Frank financial reform law is deploring its 2011 impact. This time it’s New York Senator Chuck Schumer, who has spearheaded a letter from 18 Empire State Members of Congress to

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PEGGY NOONAN – ‘UNSUSTAINABLE’

MAY 27, 2011, 7:51 P.M. ET Word of the Decade: ‘Unsustainable’ Washington finally acknowledges the debt crisis. But can it act? By PEGGY NOONAN We’re at a funny place. The American establishment has finally come around, in unison, to admitting that America is in crisis, that our debt actually threatens our ability to endure, that

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BEYOND MEDISCARE – COMPARING MEDICARE AND PAUL RYAN’S PLAN

Published on The Weekly Standard (http://www.weeklystandard.com) Beyond Mediscare Yuval Levin May 30, 2011, Vol. 16, No. 35 EXCERPT FROM THIS ARTICLE: Right now, Medicare pays all providers the same price for a given service—regardless of quality, efficiency, outcome, the cost to the provider, or patient satisfaction. Medicare recipients play no part in determining who gets

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TIME FOR GOP TO IMPLEMENT FULL-FRONTAL BUDGET ASSAULT

townhall.com By David Limbaugh 5/27/2011 My advice for the GOP: No more Mr. Nice Guy. No more putting the pretense of civility above the best interests of the nation. Democrats are playing cynical games with our national debt crisis, and it’s time they were called out on them — directly, volubly and repeatedly. Senate Democrats

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A 62% TOP TAX RATE? – STEPHEN MOORE

MAY 26, 2011 Democrats have said they only intend to restore the tax rates that existed during the Clinton years. In reality they’re proposing rates like those under President Carter. By STEPHEN MOORE Media reports in recent weeks say that Senate Democrats are considering a 3% surtax on income over $1 million to raise federal

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