Topic:
Government & Politics
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State Government Reporting of Volatile Derivatives Needs Improvement
Opinion -In recent years the United States has endured the worst financial and economic crisis since the Great Depression. Derivatives—complicated financial instruments whose value derives from other financial instruments—were at the center of the storm. -
Records Show Warrantless Collection of Personal Financial Data
Opinion -Judicial Watch announced in late June it has obtained records from the Consumer Financial Protection Bureau (CFPB) revealing the agency has spent millions of dollars for the warrantless collection and analysis of Americans’ financial transactions. -
IRS’s Auditor Slams the Agency for Credit Card Practices
Opinion -Dogged by accusations of partisanship and lavish spending, the Internal Revenue Service is under fire again for questionable credit card expenses, including $140 per-guest dinners. -
- Government & Politics
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- Government Spending
Breakthrough!
Opinion -This essay is based on remarks delivered on June 19, 2013 at Heartland’s annual President’s Council Retreat. -
Ruling Protects Bank, Phone, Other Records from FBI ‘Security Letters’
Opinion -A federal judge in San Francisco has declared “national security letters” from the Federal Bureau of Investigation to banks, phone companies, and other businesses to be unconstitutional. The March 15 ruling by U.S. -
The Ethics of Debt Repudiation
Opinion -Do you ever get the feeling no one in the Washington power elite is willing to seriously deal with the major economic threat to future prosperity facing the United States today: mounting government debt and the associated deficits? -
When Cities Go Bankrupt
Opinion -I must doff my hat to Charles Gasparino. Early last year, the fiery Fox Business Network correspondent and I were brought together for a few bread-and-circuses TV debates on the topic of municipal bankruptcy. -
- Government & Politics
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Milton Friedman: What’s Wrong with Welfare?
Opinion -In this video, Nobel-Prize-winning economist Milton Friedman examines the modern welfare state and discusses why it doesn't work in the long run. As we're now seeing, the long run appears to be catching up with America. -
Lenders and Spenders: Confronting the Political Reality of Debt
Opinion -“The debt we create is basically money we owe to ourselves, and the burden it imposes does not involve a real transfer of resources,” Paul Krugman wrote recently in “Debt Is (Mostly) Money We Owe to Ourselves. -
Postmaster General Compares USPS to Greece, but Is Comparison Accurate?
Opinion -Concerns over the perilous financial condition of the U.S. Postal Service have caused observers, including Postmaster General Patrick Donahoe, to compare the agency’s prospects to the spiraling economic crisis in Greece. -
Heartland Institute Presents More than 16,000 Petitions to Congress: Rein in the EPA
Opinion -The Heartland Institute on Tuesday held an event on Capitol Hill with Sen. Jim Inhofe (R-OK) in which it presented petitions signed by more than 16,000 Americans demanding Congress rein in the Environmental Protection Agency. -
Moody’s Warning Indicates Another US Debt Downgrade Is Coming
Opinion -Moody’s Investors Service has announced it might follow Standard & Poor’s and downgrade U.S. government debt. S&P downgraded U.S. debt in August 2011, the first debt downgrade in U.S. government history. In its Sept. -
Cell Phone Customers Required to Pay for Free Phones
Opinion -If you own a cell phone, you're paying for someone else's phone as well, every month (h/t Patrick O'Meara). -
Politics, Union Clout Work Against Postal Service Reform
Opinion -Unless Congress decides otherwise, the money-losing United States Postal Service will see significant reforms start to take place May 15. -
Wisconsin Employers Expand Reach of Local Talk Radio’s Free-Market Message
Opinion -An ad hoc group of Wisconsin business leaders and free-market activists is hoping to prevent the recall of Gov. -
Your Wallet, Facing National Emergency Powers
Opinion -A fascinating area of constitutional law deals with presidential authority during declared “national emergencies” and “time of war. -
Public-Private Partnerships Praised at Chicago Conference
Opinion -Public-private partnerships can help solve some of the “horrific” problems currently being faced by governments, according to Laurence Msall, president of the Civic Federation of Chicago. -
Budget Office Says Federal Workers Receive Higher Compensation
Opinion -Considering that four of the five wealthiest counties in these United States are in suburban Washington, D.C. -
Cash-Strapped Connecticut Gave $26 Million to Candidates in 2010
Opinion -The state of Connecticut poured $26.1 million of taxpayer dollars into the campaigns of candidates for governor, state legislator, and other statewide offices in 2010, according to the Yankee Institute for Public Policy. -
Ohio Voters Reject Union Curbs
Opinion -Sixty-one percent of Ohio voters yesterday repealed a law restricting collective bargaining and requiring state employees to contribute to their pension and healthcare benefits. -
Kansas Mulls Record Loan to Shore Up Government Pensions
Opinion -Kansas lawmakers may have to take out the largest loan in state history—$5 billion—to help plug a growing hole in the state's pension system. -
‘Obscene’ Pension Abuses Spark Reform Push in Illinois
Opinion -Government pension abuses in Illinois have prompted some lawmakers to try to advance legislation to stop labor leaders from cashing in on taxpayers. -
Steve Jobs and Occupy Wall Street
Opinion -In a way it’s not surprising that protesters involved in Occupy Wall Street have been, as far as I can tell, silent about Steve Jobs because his death was so recent. -
Wall Street Protestors’ Hits and Misses
Opinion -With the Occupy Wall Street movement that began in mid-September having spread from New York to at least 100 major cities in North America, Europe, and Asia, surely something is afoot. But what? And why?