House Cloakroom: October 31 – November 4 Analysis: This week the House will take up two bills to reduce regulations on capital. Additionally, the House will vote on legislation relating to wireless taxes as well as protecting Peace Corp workers from sexual assault. Major Floor Action: HR 2940 – Access to Capital for Job Creators […]
Evidence shows that “austerity” during a sharp downturn in 1920 coincided with quick economic recovery and robust growth throughout the rest of the decade. Nevertheless, there is a belief that the example of President Herbert Hoover from 1929–1933 was a failure of austerity, which pushed the economy into the Great Depression. It was not. Hoover […]
The echo chamber of Washington is hard at work. The consensus is growing that the U.S. military will need to aim for a slimmer but still perfectly effective military, thanks to the budget and capability cuts of the past three years. However, given the magnitude of ongoing defense budget cuts, a hollowing force simply does […]
Speech by Congressman McClintock given to the California Independent Automobile Dealers Association We are in the third year of policies predicated on the assumption that if Government just injects enough money into the economy, it can jump start consumer spending and therefore, economic growth. For three years, this administration has squandered more than a trillion […]
Last week, the Census Bureau released its list of covered jurisdictions that will be required to provide bilingual ballots for the upcoming 2012 elections. This list includes 248 counties in 25 states. 100% of the counties in California, Texas, and Florida will be required to foot the burdensome bill to print foreign-language ballots and to […]
Recent news reports have highlighted Chinese construction of a system of underground tunnels and raised serious questions about what they might imply regarding China’s nuclear capabilities. One story highlighted that the People’s Republic of China (PRC) may have some 3,000 miles of tunnels, sufficient to move systems underground across the breadth of the country. Much […]
Newspaper headlines in New York on Sunday, October 16, 2011 report on the Occupy Wall Street protest in Times Square the previous day. The liberal perspective on the “Occupy” movement is really something spectacular. Before the movement had really even announced a position or set of “demands,” progressives were pushing each other out of the […]
The Medium Extended Air Defense System (MEADS) took a hit when the German government decided to withdraw its support for the system. MEADS is a ground-based terminal ballistic missile defense (BMD) system developed jointly by the United States, Italy, and Germany. Germany’s step is not surprising. In February, the U.S. Department of Defense decided to […]
The word is out that all U.S. troops will be withdrawn from Iraq by the end of the year. While every American shares the conviction that we don’t want any U.S. troops stationed in a Middle East country a day longer than they need to be, it is tragic to see a premature exit of […]
As part of its bankruptcy proceedings, defunct solar company Solyndra will auction off thousands of items from its California production facility on Nov. 2 and 3. But taxpayers won’t see a dime of the proceeds, due to the Energy Department’s decision to subordinate taxpayers to Solyndra’s private financiers in repayment of their investments. As I […]
