AUGUST 4, 2011 The late president inherited a bad economy, and he cut taxes and slashed spending to spur growth. By CHARLES C. JOHNSON Eighty-eight years ago this week, Calvin Coolidge took office upon the sudden death of President Warren Harding. Like the current administration, the Harding-Coolidge administration faced a tough recession from 1919-1921. But […]
HOW CALVIN COOLIDGE BEAT A RECESSION Read More »
AUGUST 5, 2011 Stocks Nose-Dive Amid Global Fears Weak Outlook, Government Debt Worries Drive Dow’s Biggest Point Drop Since ’08 By TOM LAURICELLA Stocks spiraled downward Thursday as investors buckled under the strain of the global economic slowdown and the failure of policy makers to stabilize financial markets. The selling began in Europe and continued
GLOBAL SELLOFF – AUGUST 4, 2011 Read More »
AUGUST 4, 2011 In the new climate of spending cuts, Democrats appear disoriented and distraught. By FRED BARNES The agony of Nancy Pelosi, the Democratic leader in the House of Representatives, is palpable these days. When she speaks on the House floor, she waves her arms and talks with great passion. She has the look
THE DEBT DEAL AND THE AGONY OF NANCY PELOSI Read More »
AUGUST 2, 2011 Of Mustard Fuel and Marines How do you hide from the enemy if your camp runs on a giant windmill? By ROBERT JAMES Mr. James is a retired rear admiral and a former branch chief for the Central Intelligence Agency. Although few realize it, the military is just as susceptible to fads
THE MILITARY AND RENEWABLE ENERGY Read More »
AUGUST 3, 2011 Ever since they fudged the numbers to pass ObamaCare, Democrats have abandoned credible spending plans. By PAUL RYAN During the negotiations over raising the debt ceiling, President Obama reportedly warned Republican leaders not to call his bluff by sending him a bill without tax increases. Republicans in Congress ignored this threat and
PAUL RYAN – WHERE’S YOUR BUDGET, MR. PRESIDENT? Read More »
AUGUST 1, 2011 His lack of faith in American exceptionalism has dashed any hope of a ‘transformational’ presidency. By FOUAD AJAMI In one of the illuminating, unscripted moments of the 2008 presidential campaign, Barack Obama said—much to the dismay of his core constituency—that the Reagan presidency had been “transformational” in a way that Bill Clinton’s
BARACK OBAMA THE PESSIMIST Read More »
JULY 27, 2011 The Antidote for Socialism We’ll have to wait for 2012, because this administration won’t administer it. By PETE DU PONT Last year I wrote that the enactment of ObamaCare meant “the Europeanization of America is coming to pass, for individual choice and opportunity are being replaced by statism.” That law is transferring
WE NEED A NEW PRESIDENT Read More »
JULY 27, 2011 By CHARLES LEVINSON ZINTAN, Libya—Motorists in Libya’s capital can wait days for fuel, and when they get it they have to spend about $12 a gallon—when they used to pay 60 cents. Bank withdrawals are limited to 1,000 Libyan dinars (about $625) a month. The prices of bread and other food staples
HARDSHIPS IN TRIPOLI BUOY REBELS Read More »
JULY 26, 2011 Price controls on Part D drugs would cripple medical innovation and undermine a successful federal entitlement program. By TOMAS J. PHILIPSON Medicare Part D, the prescription-drug benefit program for seniors, has cost the federal government considerably less than was initially estimated. It’s also overwhelmingly popular among beneficiaries. But in Washington, Part D
A DANGEROUS MEDICARE PROPOSAL Read More »
JULY 26, 2011 The agency’s ozone rule will be the most expensive in history—and isn’t required by law. By JOHN ENGLER EXCERPT FROM THIS ARTICLE: On behalf of the Business Roundtable, Dow Chemical CEO Andrew Liveris recently wrote to White House Chief of Staff William Daley, noting that the EPA’s new ozone rule threatens “to
THE LATEST JOBS KILLER FROM THE EPA Read More »
