OCTOBER 31, 2011 The president says we’re leaving because of Iraqi intransigence—but he never took negotiations seriously. By MAX BOOT Friday afternoon is a traditional time to bury bad news, so at 12:49 p.m. on Oct. 21 President Obama strode into the White House briefing room to “report that, as promised, the rest of our […]
OBAMA’S TRAGIC IRAQ WITHDRAWAL Read More »
OCTOBER 28, 2011 Concern over future tax rates is one of the main reasons for reduced investor confidence. By ALLAN H. MELTZER Those who heaped high praise on Keynesian policies have grown silent as government spending has failed to bring an economic recovery. Except for a few diehards who want still more government spending, and
FOUR REASONS KEYNESIANS KEEP GETTING IT WRONG Read More »
OCTOBER 27, 2011, 11:44 A.M. ET The Mortgage Crisis: Some Inside Views Emails show that risk managers at Freddie Mac warned about lower underwriting standards—in vain, and with lessons for today. By CHARLES W. CALOMIRIS Occupy Wall Street is denouncing banks and Wall Street for “selling toxic mortgages” while “screwing investors and homeowners.” And the
THE MORTGAGE CRISIS – PLACING THE BLAME WHERE IT BELONGS Read More »
OCTOBER 24, 2011 With the economy sinking in 1937, Roosevelt accused business of sabotage. By PAUL MORENO President Obama is cozying up to the “Occupy Wall Street” movement, intending to make resentment of big business a central theme of his re-election campaign. Here he’s following the lead of Franklin D. Roosevelt, who tried to convince
OBAMA’S RE-ELECTION MODEL IS FDR Read More »
OCTOBER 25, 2011 My Tax and Spending Reform Plan Individuals will have the option of paying a 20% flat-rate income tax and I’ll cap spending at 18% of GDP. By RICK PERRY The folks in Washington might not like to hear it, but the plain truth is the U.S. government spends too much. Taxes are
RICK PERRY’S TAX AND SPENDING REFORM PLAN Read More »
OCTOBER 20, 2011, 7:02 P.M. ET An End to Budgetary Trickery When is money it spends considered money saved? When Congress says so. By OLYMPIA J. SNOWE AND JEFF SESSIONS Mr. Sessions, a senator from Alabama, is the ranking Republican on the Budget Committee. Ms. Snowe, a senator from Maine, is the ranking Republican on
THE HONEST BUDGET ACT Read More »
OCTOBER 19, 2011, 12:04 A.M. ET There is no evidence huge banks add sufficient value to offset the systemic risk they pose. By JON HUNTSMAN Is Dodd-Frank an appropriate regulatory response to the 2007 financial crisis? Tragically, no. That legislation ignores the government’s pervasive role in causing the crisis, assures future transfers from taxpayers to
JON HUNTSMAN: ‘TOO BIG TO FAIL IS SIMPLY TOO BIG’ Read More »
OCTOBER 19, 2011 Cain’s Stimulating ‘9-9-9’ Tax Reform A new sales tax could be raised in the future—but so can any other tax. And the low marginal rates would jump-start the economy. By ARTHUR B. LAFFER It used to be that the sole purpose of the tax code was to raise the necessary funds to
ART LAFFER: CAIN’S 999 PLAN Read More »
OCTOBER 18, 2011 In interviews, protesters show that they are leftists out of step with most American voters. Yet Democrats are embracing them anyway. By DOUGLAS SCHOEN President Obama and the Democratic leadership are making a critical error in embracing the Occupy Wall Street movement—and it may cost them the 2012 election. Last week, senior
POLLING THE OCCUPY WALL STREET CROWD Read More »
OCTOBER 18, 2011 Courtroom Showdown “Gunfight” tells the story of how the Supreme Court finally came to rule on the meaning of the right ‘to keep and bear arms.’ By JONATHAN KARL In 1989, the Yale Law Review created a stir with an article by a self-described liberal calling the Second Amendment “an embarrassment, like
BOOK REVIEW: GUNFIGHT: THE BATTLE OVER THE RIGHT TO BEAR ARMS IN AMERICA Read More »
