TCS Daily : December 2009 Archives
Winners of the TCS Daily Video Contest
Below you'll find the winners from The TCS Daily First Annual Video Contest. The theme of this contest was to create a video illustrating "The Kudlow Creed", Larry Kudlow's famous axiom that "Free market capitalism is the best path to...
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Schwarzenegger Seeks The Right Bailout
Next month, California's governor plans to ask Washington for another bailout to help close his state's $21 billion budget gap for the next fiscal year. This request comes with an appealing twist, though: it wouldn't cost federal taxpayers a dime....
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Kiss Your Health Plan Goodbye
As the Senate votes this morning on a revised health "reform" bill from the Democratic leadership, it's worth recalling President Obama's repeated promise that "if you've got health insurance, you like your doctors, you like your plan, you can keep...
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Without Bipartisan Support, Bernanke Should Withdraw
Helicopter Ben Bernanke passed his reconfirmation vote in the Senate Banking Committee this week. But he passed by 16 to 7. Most of the Republicans voted against Bernanke, as did one Democrat, Sen. Jeff Merkley of Oregon. The reconfirmation now...
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China's Higher Education Revolution
I recently visited the top four universities in mainland China: Tsinghua University, Peking University, Fudan University, and Shanghai Jiao Tong University. The former two are located in Beijing, and the latter two are located in Shanghai. As an American educationa
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How I Learned to Stop Worrying and Love the Borg
The idea that there are totalitarianisms of the left as well as totalitarianisms of the right is one of the more insidious ideas of the 20th Century. It is also a lie; a lie that has infected the general population;...
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Lancet Snaps Fingers to Make New Drugs Appear
The pharmaceutical industry gets blamed for many flaws in America's healthcare system. Witness an editorial in last week's The Lancet, a widely read British medical journal calling for new antibiotics to be created. The Lancet editors (likely including editor in...
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Household Healing
Another important sign of economic recovery came today from the Fed's release of household balance sheets in the Flow of Funds report for the third quarter.Overall, household net worth rose $2.7 trillion in the third quarter. Now, we are still...
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Debunking the Green Jobs Myth
With unemployment at its highest levels in more than 25 years, the Obama Administration is trying to show that it is focused on jobs. Last week's White House "Jobs Summit" brought together business, labor, academic and environmental leaders to talk...
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How I Stopped Worrying and Learned to Love the Borg
How I Stopped Worrying and Learned to Love the BorgBy Jon N. HallDecember 4, 2009 The idea that there are totalitarianisms of the left as well as totalitarianisms of the right is one of the more insidious ideas of the...
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No Solid Gold Performance from Bernanke
Fed head Ben Bernanke got hammered today during his reconfirmation hearing in front of the Senate Banking Committee. Jim Bunning was Bernanke's toughest critic, followed by Richard Shelby, Jim DeMint, and yes, Chris Dodd, the beleaguered committee chair who in...
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Medicine Isn't Perfect, Obamacare Is Even Less Perfect
Pay for the blue pill that works, not the red one that doesn't. That's the president's simple prescription for improving American health care, one that relies on government panels and committees to set guidelines for doctors and patients alike. At...
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