The Sergei Magnitsky Case: An Admission of Guilt

On July 5 the Russian Human Rights Council published its report on the now infamous—and mysterious—death of the lawyer Sergei Magnitsky. An attorney for the Moscow-based American law firm Firestone Duncan, he represented Hermitage Capital, which was at the time the largest Western hedge fund in Russia. Magnitsky died while in custody awaiting trial for […]

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Chart of the Week: Tax Burden Is Rising to Highest Level in History

President Obama will meet with congressional leaders tomorrow to resume talks on the debt limit. The rare Sunday meeting between top Republicans and Democrats could signal the start of “hard bargaining” after Thursday’s debt talks left the parties far apart. While Democrats want tax increases on the table in debt negotiations, Republicans have reiterated their “no tax-hike” stance […]

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President Obama Admits Welfare Encourages Dependency

During his Twitter Townhall on Wednesday, President Obama admitted that government welfare has created dependency. He noted: I think we should acknowledge that some welfare programs in the past were not well designed and in some cases did encourage dependency.… As somebody who worked in low-income neighborhoods, I’ve seen it where people weren’t encouraged to […]

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Washington in a Flash: Debt Talks

Yesterday’s debt-limit talks were “very constructive,” according to President Obama. But with party leaders still far apart on a number of issues, Obama will reconvene the group Sunday in hopes of reaching a deal before the administration’s Aug. 2 deadline. Rank-and-file lawmakers are growing impatient with the pace of progress. This weekend also marks the […]

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