Congress recently approved a new budget of staggering proportions. Weighing in at $3.6 trillion, the plan provides billions in allocations towards a national health plan, green energy, foreign aid, education, and countless other programs. The president has declared that his budget is "an economic blueprint
In the past months, Washington has used its pull over and over to force businessmen to buy into its programs. From cornering banks into accepting TARP money to firing GM’s CEO to insisting that AIG employees return their contractually guaranteed retention bonus—Washington has demanded and
Bank of America CEO Ken Lewis has sparked controversy in his recent testimony to regulators. Lewis has revealed that he was threatened, by then-Treasury Secretary Hank Paulson and Chairman of the Fed Ben Bernanke, to buy Merrill Lynch, a company drowning in financial losses of
Last week at the G-20 summit, President Obama came under much scrutiny when he bowed to the king of Saudi Arabia. Earlier last week, Obama traveled the Middle East, pronouncing to its people that Americans should be “respectful [of the Islamic religion], even when we
Thirsting After Sanity, March 26th, 2009
The University of Calgary
In your article you argue that by extension the right to life implies that humans have a right to water. This is a gross misunderstanding of what it means for an individual to have a right.
The recent bonuses paid to executives in the financial division of AIG have created a firestorm. In response to the national outrage, the government has bent over backwards to find some loophole that would allow it to take back these bonuses, bonuses that were not
President Obama has declared that "There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy." Indeed, both Democrats and Republicans in the Obama and Bush Administrations have called for vast increases in government spending.
Medical treatment for autism is exceedingly expensive. Many parents of autistic children take out a second mortgage on their homes and some even file for bankruptcy because they are unable to pay the costs of autism treatment that insurance does not cover. Many believe that
Voting Democracy Away, February 13, 2009
The Harvard Crimson
Your vague hint at Venezuela’s “lack of durable democratic institutions” is striking considering the context. It is, after all, democracy that gave rise to the autocratic regime run by Hugo Chávez. The majority of Venezuelans were seduced
When we hear the word “regulation,” most people immediately think of the government. After all, the government regulates nearly every industry that we rely on in our everyday lives, such as banking, aviation, education, medicine, and countless others.
But in addition to government regulation, there are