by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Free Markets, Politics
Louis M. Bacon is the head of Moore Capital Management, one of the largest and most influential hedge funds in the world. Last week, he announced that he was returning one quarter of his largest fund, about $2 billion, to his investors. The reason he gave to The New...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Politics
The Obama Administration came out swinging against its critics on welfare reform yesterday, with Press Secretary Jay Carney saying the charge that the Administration gutted the successful 1996 reform’s work requirements is “categorically false” and “blatantly...
by Jane Richey | Aug 8, 2012 | Agenda 21, Constitutionally Limited Goverment, Politics
President Obama is not a fan of America’s suburbs. Indeed, he intends to abolish them. With suburban voters set to be the swing constituency of the 2012 election, the administration’s plans for this segment of the electorate deserve scrutiny. Obama is a longtime...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Ben Bernanke, speaking to a conference of financial and economics school teachers, said that too-big-to-fail banks were one example of the combination of government and market failures that can hurt the economy. “Finally, I’d mention the too-big-to-fail problem, which...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Politics
In 2011, Congress passed a law — the Pipeline Safety, Regulatory Certainty, and Job Creation Act of 2011 — which mandated that GAO assess the levels and types of participation of minority-owned, woman-owned, and disadvantaged firms in the construction and...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment
From the Derrick: The Department of Environmental Protection has fined EXCO Resources (PA) LLC of Warrendale, Allegheny County, $47,500 for operating unpermitted residual waste transfer stations in Lycoming and Sullivan counties in 2011 and earlier this year, which...