The Small Business Lending Fund was cleverly named by its authors last Congress. Since its implementation, however, it would appear a more appropriate name would be the Bailed Out Bank Refinancing Fund. When Barney Frank and other supporters proposed the SBLF, it was believed banks would leverage the fund leading to hundreds of billions in […]
Children in Indiana born to single parents are more than six times more likely to live in poverty than children born to married parents. In fact, nearly three-quarters of all poor families in the state are headed by single parents. According to a new Heritage report, the breakdown of marriage in Indiana is a major […]
With the 2014 Afghan troop withdrawal quickly approaching, a recent House Subcommittee on the Middle East and South Asia hearing stressed the need to press Pakistan to fight terrorists who find sanctuary on its soil. In this most recent hearing, the four witnesses, including former U.S. Ambassador to Afghanistan Zalmay Khalizad, presented a united stance […]
With our freedoms under assault on so many fronts—at the Supreme Court, in Congress, in the Executive Branch, and at the state level—how can Americans stay up-to-speed on current public policy concerns? To better provide the news and analysis you need, in the format you want, this week Heritage has given our website a major overhaul. Now all ten landing pages in Heritage’s […]
How’s that Russia “reset” going? Not so well, as the news this week shows. In addition to blocking tougher sanctions on Iran for its illicit nuclear weapons activities after a damaging report by the U.N.’s watchdog, Russia is “studying” building more reactors at Iran’s Bushehr nuclear power plant. Recently, Speaker of the House John Boehner […]
Armed Forces of the Philippines investigators inspect the site of a bomb blast in Cotabato City, southern Philippines August 2, 2011. Suspected Muslim militants believed to be associated with the Jemaah Islamiyah group bombed a gun store in Cotabato City, killing two people and injuring nine others on the second day of Islam’s holy month […]
Excellent speech by Swiss member of Parliament Oskar Freysinger said with passion and truth that no politician in Washington is yet ready to speak from the floor of Congress. In order for us to beat back the Islamists we need some key leaders in Washington to make a similar speech and lead the nation against […]
“Occupy Wall Street” protesters claim to be fighting for the disenfranchised members of Main Street America. But their protests are exacting a significant toll on businesses in the cities where they have set up camp. Oakland has been hit hardest. A week after “Occupy” protesters there rioted, vandalizing local businesses and clashing with police, city merchants say […]
Recently, the Congressionl Budget Office (CBO) released its latest statistics on income inequality. Economists, bloggers and others have been furiously debating their implications. Over at the American Enterprise Institute, Jim Pethokoukis has been bludgeoned by various left-wing bloggers for pointing out that the story of growth of income inequality is much more complicated than the […]
Greece continues to dominate the headlines as the country faces an increasingly dire economic situation and now political uncertainty as well. Prime Minister George Papandreou plans to resign once an interim government is formed, but there’s no telling if the political leadership will be able to avoid expulsion from the euro zone. Greece’s troubles might […]
