Keyword: ibd
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Cold War: The White House has announced our absence at ceremonies marking the 20th anniversary of the fall of the Berlin Wall. Meanwhile, Russia has been practicing a nuclear invasion of an abandoned Poland. The Berlin Wall has been a famous backdrop for American presidents sounding the battle cry of liberty in the struggle against tyranny. It was there that John F. Kennedy expressed our solidarity with the encircled residents of that outpost of freedom with his famous "Ich bin ein Berliner." And it was there that Ronald Reagan, with a defiant "Mr. Gorbachev, tear down this wall," voiced our...
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Sure, Election Day 2009 will scare moderate Democrats and make passage of ObamaCare more difficult. Sure, it makes it easier for resurgent Republicans to raise money and recruit candidates for 2010. But the most important effect of Tuesday's elections is historical. It demolishes the great realignment myth of 2008. In the aftermath of last year's Obama sweep, we heard endlessly about its fundamental, revolutionary, transformational nature. How it was ushering in an FDR-like realignment for the 21st century in which new demographics — most prominently, rising minorities and the young — would bury the GOP far into the future. One...
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Climate Change: Sin City gets hit with almost 4 inches of snow as the white stuff even dusts Malibu, Calif. We don't know what computer model global warmongers are using. A slot machine with three ice cubes, perhaps?What happens in Vegas, they say, stays in Vegas. But as more evidence of the decade-long cooling trend is shoveled off the Strip, we hope that doesn't apply to the truth about global warming. On Friday, the Las Vegas Sun reported that eight inches of snow had hit the Las Vegas Valley. The 3.6 inches that had already fallen as of late Wednesday...
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Politics: As the Kennedy du jour tours New York seeking Hillary's seat, will she be asked tough questions by Couric, Gibson, et al.? We'll see what Sarah's critics say about someone who's famous for being well-known.Sweet Caroline (yes, Neil Diamond wrote the song about her) has announced she really, really wants to be New York's next senator. As she goes about learning the problems of the state, including those beyond New York City's Upper East Side, we hope she has a GPS with turn-by-turn instructions. Up to now, Kennedy's interest in New York politics has been minimal. As the Daily...
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Health Reform: House Majority Leader Steny Hoyer says it's constitutional to mandate insurance coverage. Congress, he insists, has "broad authority" to make us buy things to provide for the "general welfare." Democrats' Alice In Wonderland interpretation of what they consider to be a "living Constitution," where words mean what they say they mean based on political considerations, gets more bizarre by the minute. (snip) We've been down this road before. In 1994, Hillary Clinton's secretive health care task force was trying to nationalize health care. "A mandate requiring all individuals to purchase health insurance would be an unprecedented form of...
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Following is the third installment of a nine-part series excerpting the chapter on medical care from the new edition of Thomas Sowell's "Applied Economics." All installments can be found online at www.investors.com/IBDeditorials.Third-party payments are at the heart of much confusion about the cost of medical treatment— and are a major factor in the increased cost of that treatment. In government-run medical systems, the public pays in taxes for its medical care, either wholly or in part, with a share being paid directly by the individual patient. Political slogans about "bringing down the cost of medical care" are almost invariably about...
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Democracy: Daniel Ortega muscled Nicaragua's courts to permit his permanent re-election, effectively making him dictator. He's not alone. After the U.S.' shabby treatment of tiny Honduras, a new wave of tyrants is rising. 'Nothing can stop me from re-election," crowed Ortega, a man Ronald Reagan once called "the little dictator." Last Monday Nicaragua's Supreme Court issued a ruling permitting the Marxist Ortega to run for a second term after he and a group of allied mayors petitioned them, overruling a one-term limit in the constitution. Same old Ortega: His dictatorial hunger hasn't changed. But one thing is different: U.S. actions...
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Environmentalism: As polls show belief in global warming is dropping, a new study suggests that dogs and cats, like people, are a plague upon the earth. They say people should have edible pets. Here, kitty, kitty. A new Pew Research Center study conducted Sept. 30-Oct. 4 says the number of Americans who think there's solid evidence the average temperature on earth has been getting warmer over the past few decades has plummeted from 71% in April 2008 to 57% today. Over the same period, there's been a comparable decline in the proportion of Americans who say global temperatures are rising...
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Politics: Move over, John McCain and Olympia Snowe. Lindsey Graham of South Carolina is fast becoming the Democrats' favorite Republican as he partners with John Kerry to push cap-and-trade through the Senate. Earlier this year, eight Republican congressmen made it possible for Waxman-Markey, the 1,400-page job- and economy-killing cap-and-trade legislation, to barely pass the House of Representatives. At the time it seemed dead on arrival in the Senate if it was brought up there this year. Once again, as with their medical plan, the Democrats seek to better the odds by putting a GOP hood ornament on a Democratic clunker....
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Climate Change: As a Colorado Rockies playoff game is snowed out, scientists report that Arctic sea ice is thickening and Antarctic snow melt is the lowest in three decades. Whatever happened to global warming? Al Gore wasn't there to throw out the first snowball, er, baseball, so he might not have noticed that Saturday's playoff game between the Colorado Rockies and the Philadelphia Phillies was snowed out — in early October. The field should have been snow-free just as the North Pole was to be ice-free this year. It seems that ice at both poles hasn't been paying attention to...
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First Amendment: Diversity czar Mark Lloyd's FCC votes Thursday on the issue of net neutrality. Advertised as providing access to all, it will do to the information superhighway what Lloyd proposed for talk radio. Not much was said when $7.2 billion was included in the stimulus bill "to accelerate broadband deployment in unserved and underserved areas and to strategic institutions that are likely to create jobs or provide significant public benefits." The administration has big plans for the Internet — like controlling it. Susan Crawford, the so-called Internet czar, told the Wall Street Journal in April that the broadband billions...
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Gun Rights: A decade after Congress forbade the CDC from studying the health consequences of gun ownership, the National Institutes of Health has started funding such research. Will reform pry the guns from our cold, sick hands? More than a decade ago Congress, seeing it as a backdoor assault on the 2nd Amendment and the right to keep and bear arms, voted to cut funding for firearms research by the Centers for Disease Control. Such research was viewed as one-sided and based on flawed assumptions that all gun use was bad, even that which saved lives and deterred crime. The...
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This is an editorial here from the Investor's Business Daily: "Cap-and-Trade for Babies." It's coming, folks. They're going to offer young couples carbon credits for only having one child. The theory is that human beings are polluting and destroying the planet. Now, Paul Ehrlich wrote about this back in the seventies in The Population Bomb. It's been totally disapproved, discredited. This has been part of the militant environmental extreme for years, and here now the people who can make it a reality are running the country... But like everything else in the militant environmentalist wacko community, I believe this is...
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Federal Powers: Where in the U.S. Constitution does it say the government can force people to buy health insurance? And by what authority does it prohibit the purchasing of insurance across state lines?A key part of the administration's plan to reform health care is what is called the "individual mandate" — a requirement that everyone must have health insurance either through his or her employer or purchased individually. A good chunk of the uninsured are that way of their own volition. They are young and healthy and feel they have better things to do with their money at this point...
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Media Bias: Not long after pro football welcomed a convicted felon back on the playing field, Rush Limbaugh is dropped for his opinions from a group seeking to buy an NFL franchise. Won't someone throw a flag? When even Keith Olbermann says back off, you know the politically correct critics of the conservative icon and megaradio talk host's proposed part ownership of the St. Louis Rams are guilty of piling on. The prospect of the leading conservative voice in America participating in the purchase of a football team sent the liberal elites into cardiac arrest and into a frenzied campaign...
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Congress: Millions of families may choose a heavy federal fine over the far-heavier insurance premiums caused by a government takeover of health care. Outrageous laws always encourage scofflawing. Where's there's smoke, there's fire. And just as certainly, where there's a trillion dollars or more in new spending, there are going to be new taxes paid for by millions of middle-class Americans — even if the taxes are called something else. The latest fiscal trick up the sleeves of the Democratic Congress, as reported by Kaiser Health News, is to bypass usual procedures and pass a measure from Sen. Debbie Stabenow,...
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Energy Policy: The heavily subsidized ethanol industry is the latest to seek a federal bailout. If there is any industry that deserves to go bankrupt, it's this one. Time has come to stop putting food in our gas tanks.The bailout-seeking domestic auto industry has been criticized as being unproductive and inefficient. It hasn't been helped by mandated fuel economy standards that have done little to reduce our dependence on foreign energy or help the environment. Now the fuel we have been mandated to put in our cars, equally unproductive and inefficient, is also seeking a bailout. Ethanol never made much...
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Public Discourse: Our energy secretary applauds and encourages companies to leave the U.S. Chamber of Commerce over its position on climate change. Should any Cabinet secretary, with the powers of government behind him, be threatening U.S. companies? Part of the climate-change mantra is that the debate is over and the science is settled. Just to make sure, environmental groups have sought to pressure businesses to go green or at least keep silent. Now it would appear the whole weight of the federal government is being thrown behind this campaign to coerce and silence real and potential opposition. On Thursday, Steven...
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Spending: Stimulus money is being spent to build a bridge between two parts of Microsoft's corporate campus. Money's also available for suicide-prevention fencing on an Ohio bridge — just in time for taxpayers.The stimulus package is designed to fund already planned "shovel ready" projects that states and cities say they cannot afford to complete in this economy. The town of Redmond, Wash., had such a project on its wish list when it applied for stimulus funds to complete a bridge over a freeway dividing the town. Redmond Mayor John Machione said it would create jobs as well as "connecting our...
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Energy: An amazing number of oil finds have been made this year, including the biggest in California in 35 years. If the world is running out of oil, why do we keep finding more of it? The mantra of the anti-drilling crowd has been that oil companies like to sit on their leases and the oil in the ground, hoping to drive up the price. They should use the leases they have or lose them, these critics say. They also like to add that the world is running out of oil so it doesn't matter anyway. Occidental Petroleum hasn't been...
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<p>Global Warming: President Obama warns of planetary doom at the U.N. if we fail to pass cap-and-trade legislation. Meanwhile, a former warm-monger predicts decades of cooling as the sun stays nearly "spotless."</p>
<p>The president had hoped to address Tuesday's United Nations climate change summit in New York with a finished cap-and-trade bill. Failing that, he hoped he'd at least have a version of the Waxman-Markey bill that has passed the House on his desk before the Copenhagen talks in December to cobble together a follow-up to the failed Kyoto Protocol.</p>
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War On Terror: The jihadists who plotted to kill American soldiers have been convicted. Their apologists say this was racial profiling and entrapment, and that they weren't serious. Fortunately, we were.The Fort Dix Six are going to prison, with five convicted of conspiracy to murder U.S. servicemen and facing possible life sentences. Four were also convicted of weapons charges. A sixth member of the group charged only with weapons charges pleaded guilty earlier. It was a signal of victory in the war on terror. It was also treated by the left as paranoia in search of a real threat. In...
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Politics: The administration stages a photo-op with handpicked doctors who support its health care reform. Fortunately, most doctors still believe that the first rule of medicine is to do no harm. It would seem some doctors still make house calls. Some 150 of them made one at the White House Monday in an attempt to give a booster shot to the administration's chaotic and stalled health care reform drive. Rather than a grass-roots uprising of physicians, this was a classic case of AstroTurfing. Attendance was by invitation only, and 40 of the 150 were said to be members of Doctors...
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The War: The killing of al-Qaida's 2006 airline bomb plot planner by an American Predator drone is only the latest terror-war victory. From Anbar to Waziristan, they're dropping like flies.Rashid Rauf, mastermind of the 2006 trans-Atlantic airline bomb plot, became the latest al-Qaida casualty when a missile launched from a Predator drone struck a tribesman's house in the village of Alikhel in North Waziristan. If Rauf believed he had found sanctuary there, he was sadly mistaken. There have been at least 20 such strikes in the last three months as the Bush administration seeks to thwart the ability of militants...
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Energy: Remember those 68 million acres House Speaker Nancy Pelosi said the oil companies had to use or lose? According to the 9th Circuit Court of Appeals in San Francisco, they can't drill there either.When President Bush lifted the executive order banning oil and gas exploration in federally protected offshore areas, Speaker Pelosi called the action a giveaway of "more public resources to the very same oil companies that are sitting on 68 million acres of federal lands they've already leased." We thought it was nonsense to accuse the oil companies of sitting on profitable oil resources waiting for sky-high...
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Energy: That an Alaskan senator-elect wants to drill in ANWR is not a surprise. That he's a Democrat is. Were high oil prices what helped push Detroit over the edge?There were many reasons for the collapse of the domestic auto industry. We have mentioned the high labor costs and bloated union contracts. Others have blamed the manufacture of cars and SUVs no one wanted to buy. We'd also point out that, thanks to OPEC and Congress, fewer people could afford to buy them even if they wanted to. Detroit didn't die just because corporate CEOs had a penchant for private...
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Security: After Iran admits building a second enrichment facility inside a mountain, the Pentagon shifts money from other programs to urgently fund the mother of all bunker-buster bombs. Why the need for speed? At the G-20 Summit in Pittsburgh last month, President Obama announced, "The Islamic Republic of Iran has been building a covert uranium enrichment facility near Qom for several years." U.S. officials said they knew for some time that the facility existed. The announcement was made after U.S. officials learned Iran had told the International Atomic Energy Agency of Qom's existence. Our knowledge of the facility built in...
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War Strategy: When Bush and Petraeus proposed the surge in Iraq, Democrats demanded that the general testify before Congress. So why has the Senate blocked a similar invitation to our commander in Afghanistan? Those with memories longer than the 24-hour news cycle recall that in the dark days of the Iraq War, David Petraeus was summoned to Washington to explain the surge strategy that would eventually lead to victory in Iraq. Democrats hoped for a show trial. MoveOn.org took out a full-page ad in the New York Times labeling the commanding general of our efforts in Iraq "General Betray-us." Then...
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Global Warming: A European Union official is threatening reprisals if the U.S. doesn't lead on a carbon emissions treaty. It probably doesn't matter to him that the climate change argument is falling apart. Karl Falkenberg is just director general for environment at the European Union's executive body. But the way he's talking, he sounds more like a mafia don. "It will be more than an embarrassment" for the U.S. administration, he said Wednesday, if the American contingent arrives at Copenhagen in December for treaty talks and has to admit it's "not ready" to lead other nations toward a deal. Exactly...
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Security: After Iran admits building a second enrichment facility inside a mountain, the Pentagon shifts money from other programs to urgently fund the mother of all bunker-buster bombs. Why the need for speed? At the G-20 Summit in Pittsburgh last month, President Obama announced, "The Islamic Republic of Iran has been building a covert uranium enrichment facility near Qom for several years." U.S. officials said they knew for some time that the facility existed. The announcement was made after U.S. officials learned Iran had told the International Atomic Energy Agency of Qom's existence. Our knowledge of the facility built in...
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'This is not a war of choice," Barack Obama told the Veterans of Foreign Wars on Aug. 17. "This is a war of necessity. "Those who attacked America on 9/11 are plotting to do so again. If left unchecked, the Taliban insurgency will mean an even larger safe haven from which al-Qaida would plot to kill more Americans. So this is not only a war worth fighting. This is fundamental to the defense of our people." But that was nearly seven weeks ago. Now, it appears that Obama is about to ignore the advice of Army Gen. Stanley McChrystal, whom...
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Homeland Security: Provisions of the law that spared New York another 9/11 are set to expire Dec. 31. So why do Democrats want to gut this law and remove the immunity telecom companies have for helping protect America? To borrow a British expression from World War II, it was a very near thing. The capture, arrest and indictment of 24-year-old Afghan immigrant Najubullah Zazi before he could set off bombs made from store-bought chemicals prevented a tragedy of potentially devastating proportions. It wouldn't have happened if the critics of Patriot Act had their way. The capture of Zazi was made...
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Leadership: President Bush reminded us this week of our triumphs in the war on terror despite critics who sought to deny him the tools. He's kept us safe since 9/11 and says luck had nothing to do with it.With scarcely a month left in his presidency, the president on Wednesday took aim at critics who maintain that the lack of another terrorist attack on American soil had little to do with his leadership and skill. According to them, we've just been lucky. In a speech at the U.S. Army War College in Carlisle, Pa., Bush noted that in the aftermath...
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War On Terror: From Gettysburg to Fallujah, no-nonsense leadership has proved the key to victory in war. President Obama has chosen a new top U.S. commander in Afghanistan. This is Obama's war. This is his general. During the campaign, candidate Barack Obama said Afghanistan was the right place to fight what is now called an overseas contingency operation. At first glance, with his choice of Lt. Gen. Stanley McChrystal to take over as the top U.S. commander there, he may have picked the right man to fight it. McChrystal is a special ops guru, a former head of the Joint...
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Gun Control: The Supreme Court agrees to decide if the Second Amendment applies to all of us, or just Washington, D.C. Why would the Founders put in the Bill of Rights something applying only to a federal enclave? In a 5-4 decision last year written by Justice Antonin Scalia, the Supreme Court overturned a draconian District of Columbia gun ban enacted 32 years ago that barred private ownership of handguns at all. Scalia wrote that an individual's right to bear arms is supported by "the historical narrative" both before and after the Second Amendment was adopted. The court ruled that...
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Climate: As alternate-energy champ Spain's green economy slides into recession, a German professor says if American "climate illiterates" don't follow, the Copenhagen climate conference will fail. And the bad news is? King Canute, the Viking king of England, Norway and Denmark, was the legendary king whose sycophantic followers praised his power and wisdom. As the story goes, he once stood on the shore and commanded the waves to halt. Rather than exercising his ego, he in fact was giving his followers a lesson in reality — the power of man over nature is finite and inconsequential. In December, the world's...
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(Corrected) Gun Control: In a case headed for the Supreme Court, a three-judge panel rules Chicago's gun ban constitutional since the 2nd Amendment doesn't apply to states and cities. High court nominee Sonia Sotomayor concurs.Those Pennsylvania townsfolk bitterly clinging to their guns may have been premature in celebrating the decision in D.C. v. Heller that the 2nd Amendment to the U.S. Constitution does indeed guarantee an individual right to keep and bear arms.
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Health Care Systems: A return to private health care is rising from the grass roots north of the border. While we rush headlong toward socialized medicine, Canadians are saying, "No, thanks — been there, done that." We recently told the story of Ava Isabella Stinson, born 13 weeks premature at St. Joseph's hospital in Hamilton, Ontario. She weighed all of two pounds and had no time to be put on a waiting list. But there were no open neonatal intensive care beds for her at St. Joseph's or anywhere else in the entire province of Ontario it seems. Canada's perfectly...
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Energy: An amazing number of oil finds have been made this year, including the biggest in California in 35 years. If the world is running out of oil, why do we keep finding more of it? The mantra of the anti-drilling crowd has been that oil companies like to sit on their leases and the oil in the ground, hoping to drive up the price. They should use the leases they have or lose them, these critics say. They also like to add that the world is running out of oil so it doesn't matter anyway. Occidental Petroleum hasn't been...
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Climate: Czech President Vaclav Klaus once called global warming a new religion, a Trojan horse for imposing a global tyranny worse than communism. Details about the Copenhagen Conference prove how right he was.The first of three marathon negotiating sessions designed to hammer out the details of the Copenhagen Accord on climate change to be signed in December began on Sunday, March 29, in Bonn, Germany. From what we know, it will be a surrender to tyranny as significant as another negotiated 71 years ago. A 16-page informational note obtained by Fox News outlines the goals and agenda of the United...
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Ethics: Sen. Dick Durbin cashes out of the market and invests with a key Democratic contributor after a Treasury briefing warning of collapse. Meanwhile, Sen. Chris Dodd's Irish cottage appraises at triple the value he's disclosed.Those investors who rode the stock market down to the bitter end and saw their 401(k) accounts evaporate in the morning sun could have used the information Senate Majority Whip Durbin had at his fingertips on Sept. 19, 2008, when he sold $42,696 worth of mutual fund shares. By the end of September, Durbin had sold investments totaling $116,000.
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Defense: As the failure of engagement with Iran grows more apparent, the administration that has talked very softly may be getting the mother of all sticks ready. Guess we need high-tech Cold War weapons after all.Western intelligence sources have told London's Times that Iran has perfected the means to develop and detonate a nuclear bomb and is merely awaiting word from its supreme leader to produce its first one. Should the order be given, it would take just six months to enrich enough uranium and another six months to assemble the warhead. Time's up. Recently, and perhaps not coincidentally, Defense...
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Delta smelts: Preferred over humans. Environmentalism: Sen. Dianne Feinstein votes to deny water to California's drought-stricken San Joaquin Valley. Farmers, families and food are being held hostage to an endangered fish called the delta smelt.There was a time when the San Joaquin Valley was the most productive agricultural region in the world. It was a large part of what made the Golden State golden.Now it's a place where farmers no longer farm, but instead line up at food banks to feed the families of those who once fed the rest of the country and a good chunk of the...
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Politics: In yet another vote against transparency, the Senate killed an amendment imposing legislative oversight on unconfirmed White House officials. Shouldn't we know who they are and what they're doing? Green czar Van Jones is gone, forced to leave the administration after Fox News and the conservative blogosphere revealed his past as a self-avowed communist. Jones had issues that some argue should have been discussed in confirmation hearings that never occurred before he assumed his position. Sen. Susan Collins, R-Maine, would have liked to have learned of Jones' communist links and more before this man, who believes that white America...
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Free Speech: The Senate votes against transparency as the administration silences a private insurer for exposing the president's health care proposal. Meanwhile, AARP is allowed to tout reform as it awaits payday. We weren't surprised when the Senate Finance Committee on Wednesday voted 12 to 11 against allowing two weeks for the Congressional Budget Office to complete its cost analysis of the health care bill pushed by Montana Democrat Max Baucus and to put the bill online in its original wording. Instead, the Senate panel passed another amendment to require the committee to post the full bill online in "conceptual"...
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Litigation: The Founding Fathers envisioned the states as laboratories for ideas and choices. If the administration needs a demonstration project for successful tort reform, it need look no further than Mississippi. When President Obama said during his health care speech to Congress that he would "look into" malpractice reform and support "demonstration projects" at the state level, Gov. Haley Barbour of Mississippi, a Republican, responded: "If they want a demonstration project, come down to Mississippi. I'll show you a demonstration project." Mississippi enacted tort reform in 2004, including caps on medical malpractice awards. As a result, the number of medical...
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Global Warming: President Obama warns of planetary doom at the U.N. if we fail to pass cap-and-trade legislation. Meanwhile, a former warm-monger predicts decades of cooling as the sun stays nearly "spotless."The president had hoped to address Tuesday's United Nations climate change summit in New York with a finished cap-and-trade bill. Failing that, he hoped he'd at least have a version of the Waxman-Markey bill that has passed the House on his desk before the Copenhagen talks in December to cobble together a follow-up to the failed Kyoto Protocol. Not only did that not happen in the cool summer of...
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Energy Policy: A new study shows that Waxman-Markey will increase prices at the pump, deepen our dependence on foreign oil and shred our ability to turn crude into gasoline. Even fuel-efficient cars will still need fuel.Oil may bubble up out of the ground, but gasoline does not. It's made in those ugly little NIMBY places called refineries we are loath to build anymore because we're too busy trying to save the Earth rather than our economy and American jobs. When Hurricane Katrina shut down 20% of our refining capacity in a single day and raised gas prices in a single...
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Policymaking: If the stimulus isn't working, perhaps it's because it was largely written by a collection of leftist interest groups called the Apollo Alliance that counts among its directors a co-founder of the Weather Underground.The Labor Department reported Friday that 42 states lost more jobs than they gained in August, and that 14 plus Washington, D.C., reported unemployment rates of 10% or more. Michigan's rate rose to 15.2%, highest in the nation. Nevada, represented by Senate Majority Leader Harry Reid, is second with 13.2%. California, home of House Speaker Nancy Pelosi, is tied for fourth with Oregon at 12.2%. Clearly,...
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Defense: A ballistic missile launched from Alaska is shot down by an interceptor launched from California. With threats from North Korea to Iran, it's time to ignore the skeptics and fully fund missile defense.It was the most realistic and most successful missile defense test ever in a Strategic Defense Initiative that could one day save an American city from a rogue missile strike. Yet the "yeah, but" media greeted this triumph with claims the concept is still unproven. It was as if the Wright brothers had announced man's first flight, only to be greeted with cries that they hadn't built...
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