(CNSNews.com) – A number of big names from the entertainment industry have contributed to President Barack Obama’s campaign for a second term in office and to the Democratic National Committee. According to the campaign contribution data on the OpenSecrets.org Web site, actor George Clooney is renewing his support for President Obama in 2011 with a $2,500 contribution for the primary […]
Innovation and market disruption can be powerful forces for economic growth. But government involvement in the market tends to be a force against disruption, and hence a force against innovation. The drive to protect the dominant companies – often justified in the name of job preservation — prevents success for companies that offer better, cheaper, […]
“Occupy” protesters wear their movement’s leaderless decentralization on their collective sleeve. The attitude fits with a group that claims “democracy” as its chief political end. But it also makes ascertaining their conctete political objectives far more difficult, since, in theory, there can be no established political platform. Polling conducted at some of the Occupy tent […]
Thanks to Obama and another fiscal disaster, each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy. Hohman […]
Politics is home to some pretty exaggerated accusations, and this year was no exception, particularly in the area of health care. Case in point: Democrats’ claim that “Republicans voted to end Medicare.” In fact, the assertion was so off the wall that PolitiFact.com named it “Lie of the Year 2011.” Democrats made the claim about […]
Americans hitting the road this week are likely to encounter the highest-ever price for gas at Christmas in history. According to figures from AAA, the nationwide average for regular unleaded is $3.21 per gallon — an increase of 23 cents over last year’s Christmas record. This marks the second straight year Americans are paying more […]
In his recent speech in Kansas, President Obama accused Republicans of advocating “you’re on your own economics”—a philosophy that supposedly holds that “we are better off when everyone is left to fend for themselves and play by their own rules.” The implication is that unless you favor raising taxes and levying stricter economic regulations, Obama […]
President Obama had hoped to be in Hawaii today for the start of his 17-day Christmas vacation. Instead, he’s stuck in Washington until Congress finishes its work for the year. But in the Aloha State, residents are already abuzz about the first family’s trip — and its high price tag. Figures obtained by Hawaii Reporter […]
Few people have been more vocal about the challenges facing offshore drilling in the Gulf of Mexico than Sen. David Vitter. As a Republican from Louisiana, Vitter has firsthand knowledge of the Obama administration’s slow pace of permitting since last year’s oil spill. Louisiana has yet to fully recover from the drilling moratorium and the […]
Senate Majority leader Harry Reid (D–NV) drifted off to fairy-tale world this week and dreamed up some statistics as he did. On the floor of the Senate, Reid said the following: Many of our job creators are like unicorns—they’re impossible to find and don’t exist. That’s because only a tiny fraction of people making more […]
