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DON’T JUST CUT GOVERNMENT, REINVENT IT

JANUARY 31, 2011, 7:36 P.M. ET Don’t Just Cut Government, Reinvent It Across-the-board reductions will not improve efficiency. By LOUIS V. GERSTNER JR. The hottest topic in Washington, D.C., and many state capitals is cutting the cost and size of government. Understandably so—we are living way beyond our means, and the future of our nation […]

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THE PRICE OF POWER – The Benefits of U.S. Defense Spending Far Outweigh the Costs

Published on The Weekly Standard (http://www.weeklystandard.com) The benefits of U.S. defense spending far outweigh the costs Robert Kagan January 24, 2011, Vol. 16, No. 18 The looming battle over the defense budget could produce a useful national discussion about American foreign and defense policy. But we would need to begin by dispensing with the most

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LESSONS ON EGYPT FROM CARTER AND THE SHAH

February 1, 2011 The fate of Iran after the U.S. abandoned its ally shows where events this week could lead. By RONEN BERGMAN The White House’s reaction to the rioting in Egypt is shortsighted—and typical of what is wrong with the Obama administration’s Middle East policy. Only days ago, President Hosni Mubarak was a longstanding

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WHEN REAGAN SPOKE TRUTH TO SOVIET POWER

January 31, 2011 Who is this Neanderthal, sniffed the journalistic elite. By PAUL KENGOR On Jan. 29, 1981, barely a week into Ronald Reagan’s presidency, the world got a no-nonsense education on how Reagan’s America would differ from that of his predecessor. During the first press conference, ABC’s Sam Donaldson asked the new president about

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THE GREEDY BASTARDS PARADOX

January 31, 2011 The Greedy Bastards Paradox Bogie If we accept President Obama’s economic arguments, his State of the Union address was most remarkable in the aftermath, when nothing happened. For the sake of argument, let’s agree with the President that the winning ticket of the global economic lottery will be investment in renewable energy,

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THE ROCHE RECORD – CAN WE GET SERIOUS PLEASE, OUR GREAT COUNTRY IS AT RISK

CAN WE GET SERIOUS PLEASE, OUR GREAT COUNTRY IS AT RISK by Frank Roche, Economist Throughout American history, in good times and bad, policy makers have always faced difficult challenges, choices, and final decisions.  American policy makers in 2011 face their own difficult challenges, choices, and final decisions.  What I sense is missing today among policy makers is a sufficient degree of seriousness,

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WHAT CAUSED THE FINANCIAL CRISIS?

JANUARY 27, 2011 Congress’s inquiry commission is offering a simplistic narrative that could lead to the wrong policy reforms. By BILL THOMAS,KEITH HENNESSEY AND DOUGLAS HOLTZ-EAKIN Today, six members of the Financial Crisis Inquiry Commission—created by the last Congress to investigate the causes of the financial crisis—are releasing their final report. Although the three of

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CAP AND TRADE RETURNS FROM THE GRAVE

JANUARY 28, 2011 The president’s plans for “clean energy standards” amount to carbon controls by other means. By KIMBERLEY A. STRASSEL Cap and trade is dead. Long live cap and trade. The president presented his new, conciliatory face to the nation this week, and his State of the Union was as notable for what it

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OBAMA’S ‘INVESTMENT’ CHARADE

WALL STREET JOURNAL JANUARY 27, 2011 Milton Friedman warned that government spending cancels out higher-return private investment. By STEPHEN MOORE Words matter in politics, which is why the federal government no longer “spends” (and wastes) money, but rather “invests” it. According to Barack Obama’s State of the Union address, nearly every penny of the $2.5

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