Warren Buffett's Public Disservice On Taxation

By |2011-08-19T10:22:39-04:00August 19th, 2011|

This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published August 18, 2011 on Forbes.com.

Warren Buffet is performing a gross public disservice in creating urban myths about the nature of the tax system in America. Those myths will mislead millions of Americans about the fundamentals of their own country.

Buffett began his media offensive with an op-ed in the New York Times on Sunday, “Stop Coddling the Super Rich,” where he complained that taxes need to be raised on “the rich” so they can pay their fair share. […]

Purple Politics Color Colorado Rockies

By |2011-08-18T10:52:10-04:00August 18th, 2011|

This column by ACRU Senior Fellow Robert Knight was published August 17, 2011 on The Washington Times website.

SILVERTON, COLO.

The man in the coffee shop had the look of a no-nonsense Westerner. A retired architect, he told me he had lived in the mountains for the past few years and, like most Americans, was appalled at what was going on in Washington.

Cheerfully admitting to being a political liberal, he nonetheless agreed that America’s financial woes were caused by government profligacy, not a lack of tax revenue. He acknowledged that the nation’s credit rating was downgraded because Congress had […]

Ominous Parallels

By |2011-08-17T10:45:07-04:00August 17th, 2011|

This column by ACRU Policy Board Member and Professor of Economics Dr. Walter E. Williams was published August 17, 2011 on Townhall.com.

People are beginning to compare Barack Obama’s administration to the failed administration of Jimmy Carter, but a better comparison is to the Roosevelt administration of the 1930s and ’40s. Let’s look at it with the help of a publication from the Mackinac Center for Public Policy and the Foundation for Economic Education titled “Great Myths of the Great Depression,” by Dr. Lawrence Reed.

During the first year of President Franklin D. Roosevelt’s New Deal, he called for increasing federal […]

Obamacare Is Going Down

By |2011-08-17T10:22:36-04:00August 17th, 2011|

This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published August 17, 2011 on The American Spectator website.

As we saw, the 11th Circuit U.S. Court of Appeals became the first federal appellate court to find the Obamacare individual mandate unconstitutional last Friday. I filed briefs in that case on behalf of the American Civil Rights Union urging that result. More important than the ruling is what the trend is showing. For all that matters in the end is what five Justices on the Supreme Court say.

One of the two judges voting to […]

Wasteful Politicians, And The Fed's Coming Recession

By |2011-08-12T10:24:50-04:00August 12th, 2011|

This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published August 11, 2011 on Forbes.com.

The Tea Party-dominated Republican House majority already acted in the spring to solve America’s sovereign debt crisis by passing the budget proposed by House Budget Committee Chairman Paul Ryan (R-Wis.). With $6.2 trillion in cuts in the first 10 years alone, Ryan’s proposal would not only lead to a balanced budget, but would ultimately actually pay off the national debt if continued, as scored by the Congressional Budget Office.

Despite President Barack Obama’s unreasoned rhetoric, […]

Ignorance, Stupidity or Connivance?

By |2011-08-11T11:41:33-04:00August 11th, 2011|

This column by ACRU Policy Board Member and Professor of Economics Dr. Walter E. Williams was published August 10, 2011 on Townhall.com.

President Barack Obama has called for a luxury tax on corporate jets as a means to generate revenue to fight federal deficits. The president’s economic advisers ought to be fired for not telling him that doing so is unwise and counterproductive. They might have already told him so, only to have the president say, “Look, I know you’re right, but I’m exploiting the public’s envy of the rich!” Let’s look at what happened when Obama’s predecessor George H.W. Bush signed […]

Obama Downgraded, Tea Party Vindicated

By |2011-08-10T10:08:55-04:00August 10th, 2011|

This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published August 10, 2011 on The American Spectator website.

President Obama achieved the historic downgrading of America’s credit rating the old-fashioned way. He earned it.

He came into office with federal spending already near an historic peak, with a percent of GDP at 20.7 percent and having increased by one-seventh during the Bush years. One year earlier Bush had joined with then House Speaker Nancy Pelosi to enact a pointless Keynesian stimulus package of $168 billion, which the record will show created exactly 0.00 jobs, […]

Aborting the Monroe Doctrine?

By |2011-08-09T09:21:05-04:00August 9th, 2011|

This column by ACRU Senior Fellow Ken Blackwell was published August 7, 2011 on The Huffington Post.

For almost two hundred years, the Monroe Doctrine has been a cornerstone of American foreign policy. First proclaimed in December 1823, the message from President James Monroe to the imperialist ruling houses of Europe was bold and unmistakable: The western hemisphere, including Latin American colonies throwing off European rule, was not open to further colonization. The U.S. government said we would view any attempt by Europeans to extend their existing colonies into independent American states, or to interfere with those states striving to achieve their […]

A Budget Cutting Deal That Boosts Federal Spending

By |2011-08-05T14:23:22-04:00August 5th, 2011|

This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published August 4, 2011 on Forbes.com.

How is it possible that we can “cut” federal spending by $2 trillion over the next 10 years, and yet federal spending will still increase over that time by $7.5 trillion? Of course, the latter scenario would be the result of the debt-limit increase deal reached in Washington this week.

Both parties tell us that the debt-limit deal includes $2 trillion in spending cuts, and the national media dutifully reports that those cuts are […]

The Disgrace of Obamanomics

By |2011-08-03T10:01:20-04:00August 3rd, 2011|

This column by ACRU General Counsel and Senior Fellow for The Carleson Center for Public Policy (CCPP) Peter Ferrara was published August 3, 2011 on The American Spectator website.

Last Friday’s report on economic growth for the second quarter of 2011 completes the burial of Obamanomics. The economy grew a paltry 1.3% for the quarter, with reported growth for the first quarter reduced from a meager 1.8% to a negligible 0.4%. The economy for the entire year so far has actually grown less than the weak growth we thought we had for the first quarter alone.

The growth for the fourth quarter of 2010 was […]

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