Here Comes the Durbin Tax

As if further evidence actually is needed, Bank of America on Thursday demonstrated yet again how government price controls inevitably harm consumers—and low-income consumers the most. In this instance, the nation’s largest bank (by assets) announced on Thursday a new $5 monthly fee for use of a debit card. Several other banks are likewise imposing […]

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The Solyndra Legacies

The Obama Administration has been knee-deep in scandal after green energy “model” Solyndra went bankrupt less than two years after receiving a $500 million loan guarantee from the federal government. Now, they are up against another controversy. Days before a recent deadline, the Department of Energy brazenly approved two additional loans for more than $1 […]

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Obamacare’s Soaring Price Tag

On January 21, 2009, Barack Obama stood on the steps of the U.S. Capitol and, in his inaugural address, pledged to America that he would “wield technology’s wonders to raise health care’s quality and lower its cost.” What he did wield, of course, was a 2,000-page bill known as Obamacare. More than a year on, […]

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The Attack on Israel’s Embassy in Cairo

by Daniel Pipes September 28, 2011 Western diplomats and journalists fell for Stalin’s show trials but eventually learned not to accept developments in the Soviet Union at face value. In the Soviet Union’s later years, a crowd assaulting a foreign embassy would have been assumed to have state approval. Other autocrats engage in similar tricks […]

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The Cruise Control Act of 2011

By Tom McClintock Federal spending has ballooned 28 percent during the Obama Presidency while the government has amassed more debt than it acquired from the first day of George Washington’s administration to the last day of George H. W. Bush’s. Our nation is racing toward a fiscal cliff. Yet, as Sen. Jim DeMint noted, instead […]

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