Sen. Tom McClintock: Budget has pushed California "beyond a fiscal tipping...
Below are the remarks of California State Senator Tom McClintock, longtime champion of limited government, fiscal responsibility, and individual liberty, on the condition of California's budget and...
View ArticleAIG bailout could have been worse
The Federal Reserve opened a new branch of business last night, and is now one of the nation's top insurance agencies. With American International Group (AIG) on the brink of bankruptcy, the Fed...
View ArticlePublic Service: Be Afraid of McCain But Very Afraid of Obama
I concluded in a Wall Street Journal column Monday that, on balance, Obama's public service ideas are scarier than McCain's. Some readers, bloggers and colleagues, whose opinion I respect immensely,...
View ArticleWho bails out theÖ bailoutors?
The Federal Deposit Insurance Corp.'s (FDIC) pool of money is slowly going away. In fact it is at the lowest level it's been at since 2003 and below the minimum level set by Congress. Eleven FDIC...
View ArticlePaul Weyrich's Transportation Bizarro World
Heritage Foundation co-founder and current Free Congress Foundation chairman Paul Weyrich is viewed as a founding father of the free market movement, and looking back on the totality of his career,...
View Article"You're Either for Taxpayers or You're Not"
After the continual thrashing of his privatization initiatives by gubernatorial challenger Jill Long Thompson, Indiana Governor Mitch Daniels responds, short and sweet: [In the first Indiana...
View ArticleStudy: Californiaís High-Speed Rail System Will Cost Tens of Billions More...
Staring at a $15 billion deficit, Gov. Arnold Schwarzenegger says he'll veto the state budget because "nothing is more important than getting our fiscal house in order." In November, voters will get...
View ArticleHigh-Speed Rail Measure On Wrong Track
In today's Orange County Register, Adrian Moore looks at California's Proposition 1A, the high-speed rail proposal: The idea is for Proposition 1A funds to be joined by other state money, federal...
View ArticleCalifornia's Prop. 7 on Renewable Energy Is Flawed
In her latest column, Reason's Skaidra Smith-Heisters writes: Television ads about Proposition 7 have been airing for weeks in California. The ads are part of a ballot battle that pits Arizona...
View ArticleFannie Mae and Freddie Mac Were Never Privatized
In a new column, Reason's Sam Staley and Anthony Randazzo write: The re-nationalization of mortgage insurers Fannie Mae and Freddie Mac presents a serious challenge to national housing policy. But it...
View ArticleWireline Service Out; No One Noticed
Does wireline phone service matter anymore? While the priority here in the Houston area remains on getting power and water pressure back on across the city in the aftermath of Hurricane Ike, there has...
View ArticleBiden: Higher taxes is just plain Patriotic
In an age of political spin and vague campaign promises, Joe Biden is a breath of fresh air. Today he made his Robin Hood aspirations open and obvious. There can be no mistaking what he means. The...
View ArticleStudy: California's High-Speed Rail System Will Cost Tens of Billions More...
Los Angeles (September 18, 2008) - Staring at a $15 billion deficit, Gov. Arnold Schwarzenegger says he'll veto the state budget because "nothing is more important than getting our fiscal house in...
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California High-Speed Rail Findings at a Glance
Private Investment ImpactsInvestment losses are likely.Commercial bond default is likely.Traveler ImpactsPromised travel times are unlikely to be achieved. Trains will fail to meet the statutorily...
View ArticleCalifornia Focus: High-Speed Rail Measure on Wrong Track
Orange County Register In November, Californians will vote on Proposition 1A, which would mean almost $10 billion in new bonds to make a down payment on a statewide high-speed rail system. Many people...
View ArticleCalifornia's Proposition 7 Is Flawed
Television ads about Proposition 7 have been airing for weeks in California. The ads are part of a ballot battle that pits Arizona billionaire Peter Sperling and campaign spokesman Jim Gonzalez against...
View ArticleFreddie Mac and Fannie Mae Were Never Privatized
The re-nationalization of mortgage insurers Fannie Mae and Freddie Mac presents a serious challenge to national housing policy. But it is important to note that the failure of Fannie Mae and Freddie...
View ArticleCongress to go shopping for bad debt
Stocks have surged over 700 points from yesterday through this morning on news that the federal government is preparing to offer Wall Street a massive bailout package. While the details are yet to be...
View ArticleShort selling the rules of the game
One of these things was done by a socialist country in the past two weeks, can you guess which one?: Banned a legitimate use of personal money (short selling stock)Nationalized two mortgage lending...
View ArticleWall Street week in review
This week has been one of the most tumultuous in years for Wall Street. Here's a recap of everything that has happened: The Dow Jones lost over 900 points from Monday through mid-day Thursday and...
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