After late night phone calls and negotiations lasting well into the evening hours, President Obama announced late Sunday night that a deal was reached on the debt ceiling crisis with Congressional members of both parties. As the deadline of August 2nd loomed over the halls of Congress, leaders promised to present the compromise to their caucuses on Monday…
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This article I found in “The Moral Liberal” discusses how the government takes on pet projects and decides to invest on behalf of it’s taxpayers. The article asserts an example of the business Solyndra Inc. which is ironically is located near The Independent Institute’s headquarters. The government’s “investment” in green energy startup Solyndra Inc. is a…
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One would like to think that every public policy initiative begins as a good intention. The problem with good intentions when it comes to government subsidies, is there can be unintended and unforeseen results. The Washington Examiner article “Will College Bubble Burst From Public Subsidies” discusses the backlash of government assistance in the higher education…
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Today the Washington Times highlighted shortcomings of the federal government “intelligence” (i.e., spy) agency, the National Security Agency (NSA). The article discusses the cover-up of a multi-billion dollar failure of a data-storage system called the “Trailblazer”. This program was not only a multi-billion dollar project to begin with, it was also admitted to be far…
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With the upcoming August 2nd deadline it makes one wonder if a resolution is even possible. The polarization of the debt discussions is disenchanting an extremely important issue. In a recent article from The Economist “Dicing with Debt and the Future” the fundamental philosophies of the opposing arguments could be seriously compromised on both ends…
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An USA Today article discusses a new game ‘Budget Hero’ which allows players to enact their policy objectives while keeping the government from going broke. The article explains the demonstration: In a quick demonstration of the game, two college students, one taking typical Republican positions and the other Democratic, showed just how difficult it…
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