Giving Thanks for the Free Market

As truly an American holiday as Thanksgiving is, it was not actually made a formal federal holiday until 1941. And it wasn’t even routinely celebrated nationally on the fourth Thursday of every November until after President Abraham Lincoln’s Thanksgiving Address in 1863. Still, the holiday does have a strong basis in our nation’s history—a history […]

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Don’t Look at Pentagon Budget to Cut Back on Federal Spending

Hope is not a strategy. Last month’s elections made that clear. Through the year, polls consistently revealed the unpopularity of Obamacare, deep concern about excessive spending, and misgivings about how the things are going in Iran and Afghanistan. Yet all the way up to the elections, progressives hoped that Americans would somehow like Obamacare, think […]

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Stop Treating Everyone As An Equal Threat

The Associated Press reported yesterday that “cabinet secretaries, top congressional leaders and an exclusive group of senior U.S. officials are exempt from toughened new airport screening procedures when they fly commercially with government-approved federal security details.” The article goes on to report that while the rest of the public is still subject to either a […]

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Economy Sees Growth, but Unemployment Stays High

Washington (AP) – The economy grew a little faster over the summer than the government first thought. That modest pickup wasn’t nearly enough to significantly lower the nation’s high unemployment rate, and the Federal Reserve doesn’t expect the economy to improve much over the next couple of years. The economy expanded at a 2.5 percent […]

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Corruption: Siphoning Off Growth

Stories of corruption in India have filled the news in recent days. First there’s the corrupt Communications and Information Technology Minister, whose scam to pocket money from telecommunications firms may have topped $37 billion. Then there were accusations that politicians, officials, and contractors had pocketed more than 70% of $2.5 billion meant for flood relief […]

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Iran Suspends Nuclear Enrichment; Stuxnet Virus Suspected

by Gil Ronen Major technical problems in Iran’s nuclear program have forced the temporary shutdown of thousands of centrifuges enriching uranium at Iran’s Natanz plant, diplomats told The Associated Press on Monday. The diplomats said the problems have caused Iranian experts to “briefly power down” the machines they use for enrichment.   The sources said […]

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No Appetite for Rotten Food Regulations

Legislation to vastly expand the regulatory powers of the Food and Drug Administration (FDA) failed to advance in the Senate last week as proponents had expected. A vote may be rescheduled when Congress reconvenes after the Thanksgiving recess. But if lawmakers are truly vested in optimizing food safety, they will look beyond bureaucratic tinkering and […]

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