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Peter Schweizer has gotten lots of press on the charges in his just published book, Throw Them All Out: How Politicians and the Friends Get Rich Off Insider Stock Tips, Land Deals, and Crony Capitalism That Would Send the Rest of Us to Prison, that members of Congress made major moves in the stock market in response to information they received from top Treasury and Federal Reserve officials.
Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, recently said if sequestration stands, "we wouldn't be the global power that we know ourselves to be today." He's right.
Alan D. Viard, a resident scholar at AEI, reviews the budget outlook, the need for tax reform and the benefits of moving to a progressive consumption tax. He also discusses his forthcoming book, Progressive Consumption Taxation: The X Tax Revisited, which he coauthored with Robert Carroll of Ernst & Young. The book will be published by AEI Press in the Spring.
Rep. Paul Ryan calls his budget plan the “Path to Prosperity,” but it could be termed as well a “Path to Security.” In reclaiming more than $200 billion of the nearly $500 billion in military cuts made in last year’s Budget Control Act (BCA), the House Budget Committee chairman takes national security more seriously than does our commander in chief.
High-speed railways are not a financially effective enterprise, and China's plan to lead the way in this form of transportation will end up costing them.
The scene came to mind Wednesday when I saw an instantly infamous clip of Eric Fehrnstrom, Mitt Romney’s communications director, comparing his candidate to a children’s toy.
Countries seeking toaid Liberia should focus on pressing problems and not their own pet projects.
In a sharp break from that campaign stance and the Administration's first three budgets, President Obama is now calling for an all-in dividend tax rate of almost 45 percent, the highest rate in 27 years. The president's about-face bodes ill for the economy.








