Ohio Earthquakes Spark Drilling Controversy

Youngstown, Ohio, had a rockin’ New Year’s Eve, but not the kind it hoped for—a 4.0 magnitude earthquake shook the city just one week after a 2.7 magnitude earthquake hit. Fortunately, there was no significant damage or injuries; the focus has primarily been on the cause of the earthquake. Although no definitive connection has been […]

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Obama Likes Banks

Two of 13 “demands” posted on the website of the Occupy Wall Street protesters Sept. 25 were for “free college education” and for forgiving student loans (and all other debts.) This wasn’t an “official” list, OWS said. But a survey of 200 protesters by Democratic pollster and Fox analyst Douglas Schoen indicated widespread support for […]

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Chart of the Week: Defense Spending Throughout U.S. History

President Obama visited the Pentagon on Thursday to outline his plan for gutting our nation’s military. Obama’s vision makes America more vulnerable to foreign threats and leaves our armed forces less able to provide for the common defense. As we’ve previously illustrated, Obama has proposed significant reductions to the Pentagon’s budget. This week’s chart shows […]

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Wage and Price Stickiness and Economic Recovery

In a weak economy, the government should not erect barriers to hiring. But two government policies have hindered the already slow recovery: increases in the minimum wage and government unionization. Eliminating these policies would not be enough to spur a robust recovery—the cause of our current economic weakness goes far beyond these measures—but removing them […]

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What the New Obama Labor Board Means for Workers and Employers

The framers of the Constitution required the President to get the consent of the Senate before appointing senior government officials. They wanted to prevent the President from appointing those who would abuse the public trust. President Obama’s purported appointment of Richard Griffin to the National Labor Relations Board (NLRB) yesterday illustrates the importance of this […]

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Flashback: Senator Outlines Objections to ‘Unaccountable’ Consumer Czar (VIDEO)

Last fall Sen. Richard Shelby (R-AL) visited Heritage to talk about the Consumer Financial Protection Bureau and the “unaccountable” nominee to head the agency. At the time, there was speculation President Obama would attempt to bypass the U.S. Senate to install Richard Cordray as CFPB director. That’s exactly what happened today in what Heritage’s Todd […]

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