Should We Re-enact Glass-Steagall?

(Examiner) The repealing of the Glass-Steagall Act was heralded as one of the greatest bipartisan achievements of our time. It was passed by an overwhelming majority by both Democrats and Republicans and signed into law by President William Jefferson Clinton on November 12, 1999. The minority who spoke out against the repeal were ridiculed and […]

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Senate Cloakroom: October 17 – October 21

Senate Cloakroom: October 17 – October 21 Analysis: This week the Senate will move to a large appropriations bill which will wrap several individual appropriations together into one legislative package.  Senator Harry Reid (D-NV) will offer an amendment to the House passed Agriculture Appropriations bill which will add the Commerce, Justice and Science as well […]

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House Members Ask DOJ to Investigate Bank Fees — Will the Trail Lead Back to Them?

Sen. Dick Durbin (D-IL), author of the Durbin Amendment to the Dodd-Frank financial regulatory bill When Bank of America announced a new $5 debit card fee in late September (along with a slew of other banks), President Barack Obama condemned it, and yesterday some Democrat Members of Congress called on Attorney General Eric Holder to launch […]

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Quality of Light, Quality of Life

The soon-to-be-effective ban on traditional incandescent light bulbs creates more concerns than just the forceful shift of market shares; it also raises questions regarding individual freedom and even general well-being. Howard Brandston is a renowned lighting designer who has over 50 years of experience and an impressive project record: To date, he has designed over […]

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Obamacare’s CLASS Act Collapses; White House Pulls Plug

The Obama Administration notified Congress today that the CLASS Act — Obamacare’s long-term care insurance plan — is unable to go forward due to critical design flaws that make the program unsustainable. In a letter to Congress, Health and Human Services Secretary Kathleen Sebelius wrote that “Despite our best analytical efforts, I do not see […]

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What We’ve Learned About Terror Trials From the Underwear Bomber

It was supposed to be the second full day in federal court for Umar Farouk Abdulmutallab. The so-called “Christmas Day bomber” aka “The Underwear Bomber” faced eight charges, including attempted murder on an aircraft. But, acting as his own attorney, Abdulmutallab surprised many Wednesday by pleading guilty. He faces a maximum possible sentence of life without […]

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Poor Sales or Economic Uncertainty Preventing Stronger Recovery?

Various organizations and media outlets have attempted to refute the notion that government policy is creating uncertainty and hindering economic growth. However, when properly analyzed, the uncertainty argument is a legitimate one. Critics of the uncertainty narrative say that businesses cite poor sales – or lack of demand – not taxes or regulations, as the […]

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