by Dan Mitchell | Jan 24, 2011 | Big Government, Blogs, Constitution, Government Spending
Regardless of what one thinks about abortion, it is preposterous for the federal government to be subsidizing the procedure. Yet that is what happens thanks to annual subsidies of as much as $363 million for Planned Parenthood. Defenders of Planned Parenthood...
by Dan Mitchell | Jan 24, 2011 | Bailouts, Big Government, Blogs, Free Market
I’ve always rejected coercive redistribution, particularly when imposed by the federal government. But some types of redistribution are worse than others, and when big business and big government get in bed together, ordinary people are the ones who get screwed. This...
by Dan Mitchell | Jan 5, 2011 | Bailouts, Big Government, Blogs, Government Spending, Monetary Policy
The news is going from bad to worse for Ireland. The Irish Independent is reporting that the Swiss Central Bank no longer will accept Irish government bonds as collateral. The story also notes that one of the world’s largest bond firms, PIMCO, is no longer purchasing...
by Dan Mitchell | Dec 11, 2010 | Big Government, Blogs, Government Spending, Taxation
There are plenty of reason to like and dislike the tax deal between President Obama and congressional leaders. On the plus side, we dodge a big tax increase for the next two years. We also replace a goofy and ineffective “make work pay” tax credit with a supply-side...
by Dan Mitchell | Dec 7, 2010 | Big Government, Blogs, Europe, Government Spending
Here’s a new video from the Taxpayers Alliance in the United Kingdom exposing how left-wing environmental groups get funded by government handouts. David Cameron supposedly is being tough on spending, but I’ve already revealed that overall spending is climbing at...