Keyword: cato

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  • Cato report says Afghan 'victory' unlikely

    09/15/2009 4:04:32 PM PDT · by rabscuttle385 · 19 replies · 836+ views
    UPI ^ | 2009-09-15
    WASHINGTON, Sept. 15 (UPI) -- The U.S. military can pull most of its troops from Afghanistan in the next year as "victory" is not a realistic outcome, a report by the Cato Institute says. Malou Innocent and Ted Galen Carpenter in an authoritative report on the conflict in Afghanistan note that "a definitive, conventional 'victory' is not a realistic option." Washington said its strategy in Afghanistan is focused in part on denying al-Qaida and other militants the opportunity to establish a safe haven in the embattled nation. The authors, however, opine that denying a sanctuary to terrorists does not require...
  • OECD Taking on Tax Havens

    09/02/2009 2:37:03 PM PDT · by ReleaseTheHounds · 1 replies · 181+ views
    CNBC TV Squakbox ^ | Sept. 2, 2009 | CNBC
    The OECD is combatting Tax Havens according to this report and a meeting of cooperating countries in Mexico City. If the link doesn't get to this video, you need to search for "OECD Taking on Tax Havens".
  • Free or FAIR Immigration?

    08/28/2009 8:34:35 AM PDT · by bs9021 · 3 replies · 364+ views
    Campus Report ^ | August 28, 2009 | Anthony Kang
    Free or FAIR Immigration? by: Anthony Kang, August 28, 2009 A new study published by the Cato Institute asserts that current U.S. immigration laws and policies run counter to the economic wellness of U.S. households and advocates legalization of illegal immigrants through visa-taxing in order to maximize immigration’s benefit. The methodology utilized in the study consists of seven different simulations, measuring six factors, and forecasts the respective long-run economic effects on the welfare of U.S. households by the year 2019. The six different effects included in each simulation include: a) direct effect: the change in U.S. gross domestic product (GDP)...
  • The Cult of the Presidency

    08/25/2009 11:35:20 PM PDT · by Lorianne · 6 replies · 493+ views
    Cato Institute ^ | August 2009 (reprint) | Gene Healy
    The chief executive of the United States is no longer a mere constitutional officer charged with faithful execution of the laws. He is a soul nourisher, a hope giver, a living American talisman against hurricanes, terrorism, economic downturns, and spiritual malaise. He — or she — is the one who answers the phone at 3 a.m. to keep our children safe from harm. The modern president is America's shrink, a social worker, our very own national talk show host. He's also the Supreme Warlord of the Earth. This messianic campaign rhetoric merely reflects what the office has evolved into after...
  • Federal Pay Continues Rapid Ascent

    08/25/2009 8:58:05 AM PDT · by mr_hammer · 17 replies · 846+ views
    Cato Institute ^ | August 24, 2009 @ 11:57 am | Chris Edwards
    Snip... Figure 1 looks at average wages. In 2008, the average wage for 1.9 million federal civilian workers was $79,197, which compared to an average $49,935 for the nation’s 108 million private sector workers (measured in full-time equivalents). The figure shows that the federal pay advantage (the gap between the lines) is steadily increasing.
  • Palin blasts ObamaCare citing Laffer, Cato, others

    08/08/2009 9:35:15 PM PDT · by Josh Painter · 19 replies · 1,158+ views
    Texas for Sarah Palin ^ | Saturday, August 8, 2009 at 6:37 PM | Josh Painter
    Sarah Palin has followed up her health care call to arms posted yesterday on her Facebook Notes page with another post today titled "Some Useful Commentary on the Health Care Debate." This latest posting is a bibliography of sorts, including editorials, op-eds and a video of a Cato Institute health care forum. Sources cited by the former governor range from pundit Mark Steyn to former Reagan economic advisor Arthur Laffer. Rather than repost it all here, we'll give Sarah Palin's Facebook Notes the page hits it deserves with this link. If yesterday's health care post by the 2008 GOP vice...
  • Hate Crime Legislation: A Shocking Disregard for Federalism

    07/02/2009 6:24:50 PM PDT · by Bob017 · 13 replies · 603+ views
    Cato ^ | David Rittgers
    Last week’s Senate Judiciary Committee hearings (video at the link) on the proposed federal hate crimes bill showed the dark underbelly of the Senate. The road to undermining the rule of law is being paved with the best of intentions and casual disregard (if not outright hostility) for the principles of limited government and equality under the law. I raise some objections to the bill in this podcast: The bill federalizes violent acts against victims by reason of their actual or perceived race, color, religion, national origin, gender, sexual orientation, gender identity, or disability. Never mind that these acts are...
  • An Appointment with Reform

    07/02/2009 12:38:47 PM PDT · by bs9021 · 152+ views
    Campus Report ^ | July 2, 2009 | Brittany Fortier
    An Appointment With Reform by: Brittany Fortier, July 02, 2009 Is there a doctor in the house? There were plenty in attendance for the CATO Institute Conference on Health Care Reform held on June 17, 2009, and they were all prepared to discuss the Obama administration’s plan to set up a government-run health care “option” that would “compete” with the private sector. Cato Institute President Edward H. Crane expressed his disagreement with a New York Times article saying that a doctor shortage is “an obstacle to Obama goals.” “When I see the word ‘shortage,’ I know it is a nonmarket...
  • Return to Sender

    07/02/2009 11:20:13 AM PDT · by bs9021 · 1 replies · 189+ views
    Campus Report ^ | July 2, 2009 | Brittany Fortier
    Return to Sender by: Brittany Fortier, July 02, 2009 At the Cato Institute Conference for Health Care Reform held on June 17, 2009, a panel discussed the importance of reforming the way health care is delivered to patients. “As hard as coverage expansion is, the only way health care is going to become … more predictable, more sustainable, and more cost effective over time is … if there is substantial delivery system reform,” said moderator Susan Dentzer, Editor-in-Chief of Health Affairs. Shannon Brownlee, Senior Fellow at the New America Foundation and the Author, Overtreated: Why Too Much Medicine Is Making...
  • The GOP Is Not Serious about Cutting Down Spending

    06/05/2009 1:05:26 AM PDT · by bruinbirdman · 9 replies · 1,320+ views
    CATO Institute ^ | 6/5/2009 | Tad DeHaven
    A month ago, President Obama issued a list of proposed spending cuts that I dismissed as “unserious” due to the fact that they were trivial when compared to his proposed spending and debt increases. Today, the House Republican leadership released a list of proposed spending cuts. I’d love to say I’m impressed, but I can’t. Both proposals indicate that neither side of the aisle grasps the severity of the country’s ugly fiscal situation, or at least has the guts to do anything concrete about it. The GOP proposal claims savings of more than $375 billion over five years, the bulk...
  • 'Thought Crimes' Bill Advances

    05/11/2009 10:47:32 AM PDT · by Conservative Coulter Fan · 35 replies · 2,659+ views ^ | May 11, 2009. | Nat Hentoff
    Why is the press remaining mostly silent about the so-called "hate crimes law" that passed in the House on April 29? The Local Law Enforcement Hate Crimes Prevention Act passed in a 249-175 vote (17 Republicans joined with 231 Democrats). These Democrats should have been tested on their knowledge of the First Amendment, equal protection of the laws (14th Amendment), and the prohibition of double jeopardy (no American can be prosecuted twice for the same crime or offense). If they had been, they would have known that this proposal, now headed for a Senate vote, violates all these constitutional provisions....
  • Breaking Down 60 Minutes' Anti-Gun Bias

    04/14/2009 6:48:00 PM PDT · by marktwain · 7 replies · 611+ views
    Cato Institute ^ | 13 April, 2009 | David Rittgers
    ABC’s 20/20 did a hit piece on the Second Amendment and armed citizens on Friday night. The show responded to the growing sentiment that “if I only had a gun,” maybe an armed citizen could make a difference in a spree shooting such as the incidents at Virginia Tech and Northern Illinois University. In reality, it ought to be called “if I had ONLY a gun.” Picking people without concealed carry permits to represent the armed citizen and rigging the scenario to ensure that they don’t defeat your narrative is propaganda, not journalism. Several college students are selected to represent...
  • Video: Cato Institute Rep Laughs At Obama's Attempt To Control The Weather

    04/09/2009 8:10:25 AM PDT · by careyb · 16 replies · 787+ views
    Fox News ^ | 4/9/09 | Cato Institute
    Global warming insanity hits a new low.
  • "Mr. President You Are Incorrect." (Full page ad in the LA Times.)

    03/30/2009 8:14:21 AM PDT · by nufsed · 53 replies · 3,625+ views
    LA Times 3-30-09 | 3-30-09 | Cato Institute
    In today's LA Times first section there is a full page ad sponsored by the Cato Institute. Over 50 scientists stating thet there has been no temperature increase for the last 10 years and that the president is incorrect on global warming.
  • How to turn a recession into a depression

    03/29/2009 11:38:06 AM PDT · by Kent C · 33 replies · 930+ views
    Cato Institute ^ | March/April | Wm. Niskanen
    Four federal economic policies transformed the Hoover recession into the Great Depression: higher tariffs, stronger unions, higher marginal tax rates, and a lower money supply. President Obama, unfortunately, has endorsed some variant of the first three of these policies, and he will face a critical choice on monetary policy in a year or so.
  • Obama’s Budget Builds on Bush Precedents

    03/12/2009 7:45:44 PM PDT · by MAD-AS-HELL · 21 replies · 706+ views
    President Barack Obama has introduced his federal budget plan for the coming years, and it includes large increases in spending, taxes, and debt.1 The Obama plan includes the costs of recent financial bailouts and the stimulus package, but it also foresees a long-term increase in regular domestic spending. The plan builds on spending precedents set by President Bush, and would boost nondefense outlays to a record share of the economy.
  • Mexico's Other Export

    03/10/2009 9:15:24 AM PDT · by bs9021 · 4 replies · 916+ views
    Campus Report ^ | March 10, 2009 | Heather Latham
    Mexico’s Other Export by: Heather Latham, March 10, 2009 Mexico has a major export that never gets discussed in free-trade agreements. “There has been an alarming spike in violence in Mexico in recent years, most of which is associated with the trafficking in illegal drugs and the efforts of the Mexican government to shut down that trade,” Ted Galen Carpenter writes in a recent CATO Institute Policy Analysis titled “Troubled Neighbor: Mexico’s Drug Violence Poses a Threat to the United States.” He continues, “The turf battles have been ferocious. In 2005, more than 1,300 people perished in drug-related violence. By...
  • With all due respect Mr.President,that is not true...

    01/28/2009 8:23:32 AM PST · by MelSmith · 31 replies · 1,891+ views
    See the CATO Institute's full page ad: "We the undersigned do not believe that more government spending is a way to improve economic performance. More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan's "lost decade" in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today. To improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates...
  • VIDEO: Cato Institute's Dan Mitchell Tutorial on Why the Stimulus Proposed is Destined to Fail

    01/26/2009 4:45:27 PM PST · by Rufus2007 · 2 replies · 545+ views ^ | Jan. 26, 2009 | Dan Mitchell
    Dan Mitchell of the Cato Institute explains why the Obama stimulus is bad for the overall economy.
  • School tax credit can help kids and the state

    01/16/2009 6:59:48 PM PST · by Coleus · 15 replies · 493+ views
    star ledger ^ | 12.15.08 | ADAM B. SCHAEFFER
    New Jersey is in deep financial trouble, and government estimates keep get ting worse. The most recent budget deficit prediction tripled the last one, concluding that the state might be $1.2 billion in the hole. The bad news doesn't end there. The economic slowdown is prompting many families who can no longer afford both taxes and private school tuition to move their children into public schools. Catholic elementary schools in the Diocese of Camden, for instance, have lost almost 1,000 students, about 10 percent of their enrollment from last year. And those declining enrollment figures came before the worst of...
  • Some Ask if Bailout Is Unconstitutional

    01/16/2009 10:37:19 AM PST · by reaganaut1 · 44 replies · 823+ views
    New York Times ^ | January 16, 2009 | John Schwartz
    While much of the debate over the $700 billion federal bailout plan has focused on whether the money is being spent wisely or well, concerns are growing among many conservatives about its constitutionality. Some conservatives have argued that the law creating the program, the Emergency Economic Stabilization Act of 2008, which Congress passed hastily in October, violates constitutional principles that limit the amount of power that lawmakers can delegate to the executive branch. They also maintain that the enormous bailout plan has illegally grown beyond its original focus on the financial services industry to include a bailout of the auto...
  • How Did We Get into This Financial Mess?

    11/23/2008 2:12:53 PM PST · by ari-freedom · 71 replies · 2,036+ views ^ | November 18, 2008 | Lawrence H. White
    As policymakers confront the ongoing U.S. financial crisis, it is important to take a step back and understand its origins. Those who fault "deregulation," "unfettered capitalism," or "greed" would do well to look instead at flawed institutions and misguided policies. The expansion in risky mortgages to underqualified borrowers was encouraged by the federal government. The growth of "creative" nonprime lending followed Congress's strengthening of the Community Reinvestment Act, the Federal Housing Administration's loosening of down-payment standards, and the Department of Housing and Urban Development's pressuring lenders to extend mortgages to borrowers who previously would not have qualified. Meanwhile, Freddie Mac...
  • To Prevent Bubbles, Restrain the Fed

    11/17/2008 9:43:28 AM PST · by bamahead · 10 replies · 659+ views
    CATO Institute ^ | November 17, 2008 | Gerald P. O'Driscoll Jr.
    On Nov. 14, 2008, the Dow Jones Industrial Average closed at 8497.31. On Nov. 13, 1998, the adjusted (for dividends and split) close was 8919.59. There has been great volatility, but no net capital accumulation as measured by the Dow in a decade. Other indexes, such as the Nasdaq, tell a similar story. Capital has been invested but as much value has been destroyed as created. The U.S. cannot afford to have another lost decade. Or to see the dreams of another generation of Americans who had been told to take responsibility for their financial health by investing in the...
  • A Cancer on the Big Three (

    11/15/2008 6:16:57 AM PST · by Nemes1s · 70 replies · 1,809+ views ^ | 11/13/2008 | Daniel Ikenson
    A Cancer on the Big Three If you’ve followed developments in the auto industry at any time during the past couple couple decades, you’ve probably heard of GM’s “Jobs Bank.” This nausea-inducing scam was the concoction of the UAW in the 1980s. Rather than allow GM to layoff workers when conditions warranted, the UAW had GM assign workers to the Jobs Bank, where they were paid almost full wages and benefits NOT to work. The Jobs Bank was pitched nominally as a retraining program, where workers would acquire the skills and train themselves in the technologies and techniques of the...
  • Worse than Bush?

    11/09/2008 5:07:30 PM PST · by ari-freedom · 11 replies · 598+ views
    Cato ^ | November 7, 2008 | Ted Galen Carpenter
    The central theme of Barack Obama's successful campaign for the presidency was his call for "change"—albeit often with few details. There is an imperative need for change in America's foreign policy. Even during the cold war, Washington's strategy led to security free-riding by allies and clients, caused the republic to blunder into ill-advised military crusades, most notably the Vietnam War, and imposed unnecessary financial burdens on taxpayers. Matters have become even worse since the end of the Cold War. U.S. forces have intervened in places as diverse as Panama, Somalia, Haiti, the Balkans, and the Persian Gulf, and Washington's formal...
  • Oil and oily politicians

    08/17/2008 5:05:27 PM PDT · by Delacon · 18 replies · 234+ views
    Cato Institute ^ | August 14, 2008 | Richard W. Rahn
    If you had to bet whether the price of oil would be higher or lower 10 years in the future, what would you say? Some argue that the world is running out of low-cost oil and that oil prices will get higher and higher. Others argue that the current high price of oil will cause a flood of new oil, much of it from nonconventional sources; hence, prices will fall significantly (provided the political class in Washington, D.C., does not continue its energy and environmental death march policies). The case for much lower oil prices is as follows. There...
  • T. Boone hard-wired for subsidies

    07/24/2008 4:50:56 PM PDT · by calcowgirl · 38 replies · 217+ views
    Financial Post ^ | July 24, 2008 | Jerry Taylor
    - Jerry Taylor is a senior fellow at the Cato Institute. Virtually every claim made by T. Boone Pickens to justify the lavish subsidies he is seeking for his wind energy investments is flat wrong. First, oil imports are not the cause of high gasoline prices. On the contrary, oil imports serve to keep gasoline prices down. After all, we import oil for a reason -- it's cheaper than the domestic alternative. If we were to restrict our energy diet to energy produced in the United States, it would make domestic energy producers (like Mr. Pickens) far richer and energy...
  • Yoo and <i>Boumediene</i>

    06/19/2008 5:55:44 PM PDT · by Uncle Ralph · 67+ views
    John Yoo published this article in the Wall Street Journal yesterday about the Supreme Court's Boumediene ruling. He makes too many claims for me to respond to here in a blog post, but let me address a handful. 1. Yoo: "Under the writ of habeas corpus, Americans (and aliens on our territory) can challenge the legality of their detentions before a federal judge." This is an astonishing statement coming from a former Department of Justice official like John Yoo. I say that because Americans were locked up in military brigs as "enemy combatants." And their attorneys did file habeas corpus...
  • Gun Control and the Second Amendment

    03/18/2008 9:48:09 AM PDT · by GoldwaterInstitute · 8 replies · 710+ views
    The Goldwater Institute ^ | March 18, 2008 | Robert A. Levy
    Gun Control and the Second Amendment : Finally, Supreme Court to Weigh in on the Right to Bear Arms Robert A. Levy, Goldwater Institute Daily Email, March 18, 2008 A year ago, the U.S. Court of Appeals for the D.C. Circuit issued a blockbuster opinion that overturned a gun control regulation on Second Amendment grounds for the first time. Today, the U.S. Supreme Court will review that historic decision with oral argument in District of Columbia v. Heller. Meanwhile, an avalanche of 67 amicus briefs, posted at, has produced perhaps the nation’s best repository of Second Amendment legal scholarship....
  • Dom Armentano: UFOs and censorship — why Cato Institute dumped me

    02/27/2008 9:06:28 AM PST · by BGHater · 98 replies · 541+ views
    TC Palm ^ | 25 Feb 2008 | Dom Armentano
    On Jan. 10, just one day after my article on UFO secrecy appeared in this newspaper and on this Web site (“Intelligent Extraterrestrial life: The Other Inconvenient truth?” Jan. 9), I was unceremoniously dropped as a Cato Institute adjunct scholar, a position I’d held for more than 20 years. First some background. I’m a Ph.D. economist with a national reputation in the antitrust area. I’ve written books, journal articles, and many dozens of op-ed articles over the years on a variety of public-policy issues. My association with the libertarian Cato Institute in Washington, D. C. goes back many decades. Yet...
  • Lessons from the Fall of RomneyCare

    02/10/2008 2:48:05 AM PST · by ari-freedom · 69 replies · 190+ views
    CATO Institute ^ | January/February 2008 | Michael Tanner
    When then-Massachusetts governor Mitt Romney signed into law the nation’s most far-reaching state health care reform proposal, it was widely expected to be a centerpiece of his presidential campaign. In fact Governor Romney bragged that he would "steal" the traditionally Democratic issue of health care. "Issues which have long been the province of the Democratic Party to claim as their own will increasingly move to the Republican side of the aisle," he told Bloomberg News Service shortly after signing the bill. He told other reporters that the biggest difference between his health care plan and Hillary Clinton’s was "mine got...
  • John McCain: The Good, the Bad, and the Ugly

    02/03/2008 8:40:42 PM PST · by LowCountryJoe · 44 replies · 15,928+ views
    Cato Institute Blog ^ | 01/30/08 | Michael D. Tanner
    With his victory in Florida, Sen. John McCain has become the clear front runner for the Republican nomination. It’s worthwhile, therefore, to take a closer look at what kind of president he might be. The Good: While Rush Limbaugh and Sean Hannity sometimes portray McCain as a virtual clone of Ted Kennedy, the fact is that he is a true fiscal conservative—certainly more of a fiscal conservative than, say, Mitt Romney. He is well known as an opponent of earmarks and pork barrel spending. But perhaps more importantly, he has long been an advocate of entitlement reform. He was early...
  • Cato caves on UFOs[Fires Adjunct Scholar]

    02/01/2008 5:33:52 AM PST · by BGHater · 10 replies · 560+ views
    Herald Tribune ^ | 30 Jan 2008 | Billy Cox
    Free-market economist and commentator Dom Armentano never considered his occasional reflections on America’s UFO conundrum to be particularly gutsy. After all, this stuff’s on "Larry King" now. But his Jan. 8 op-ed piece in the Vero Beach Press-Journal advocating government declassification was evidently too much for his bosses at the libertarian Cato Institute. A few days after his column appeared, the Vero Beach resident got a letter informing him Cato was in the “process of overhauling” its adjunct scholars program. More to the point, it was canning Armentano as an adjunct scholar. Incredulous, the man whose recent ruminations on UFOs...
  • Why I Am Not Using the R-word This Time

    01/16/2008 11:32:49 PM PST · by bruinbirdman · 5 replies · 57+ views
    CATO Institute ^ | 1/16/08 | Alan Reynolds
    On January 10 2001, the Financial Times wrote that I was "the first prominent economist to use the R- word". The White House gathered more than a dozen economists to discuss the economy that April and I was still the only one saying the recession had begun. Unlike in 2001, many economists now seem unusually eager to declare the US precariously near recession. Even the former Federal Reserve chairman, Alan Greenspan (one of the last to notice recession in 2001), recently said there was a 50 per cent chance of a downturn soon. Why have I not joined this chorus?...
  • Ron Paul’s Ugly Newsletters

    01/12/2008 1:37:33 PM PST · by West Coast Conservative · 97 replies · 403+ views
    Cato ^ | January 11, 2008 | David Boaz
    For the past few months most libertarians have been pleased to see Ron Paul achieving unexpected success with his presidential campaign’s message of ending the Iraq war, abolishing the federal income tax, establishing sound money, and restoring the Constitution. Sure, some of us didn’t like his talk about closing the borders and his conspiratorial view of a North-South highway. But the main themes of his campaign, the ones that generated the multi-million-dollar online fundraising spectaculars and the youthful “Ron Paul Revolution,” were classic libertarian issues. It was particularly gratifying to see a presidential candidate tie the antiwar position to a...
  • Huckabee: The Biggest Big-Government Conservative

    01/08/2008 10:16:03 AM PST · by T.L.Sink · 112 replies · 202+ views
    Cato Institute ^ | Jan. 8, '08 | Michael D. Tanner
    If you liked George W. Bush's brand of big-spending, big-government conservatism, you'll love Mike Huckabee. As governor of Arkansas, during his two term tenure, spending increased by more than 65% - at three times the rate of inflation. The number of government workers increased by 20 percent, and the state's debt services increased by nearly $1 billion. Huckabee financed his huge spending binge with higher taxes. Under his leadership, the average Arkansan's tax burden increased by 47 percent, according to the Arkansas Democrat-Gazette, including increases in the state's gas, sales, income and cigarette taxes. He raised taxes on everything from...
  • Cato Scholar Comments on Huckabee's Iowa Victory

    01/05/2008 1:42:50 PM PST · by Maelstorm · 14 replies · 173+ views ^ | Jan 4, 2007 | David Boaz
    Cato Scholar Comments on Huckabee's Iowa Victory Friday, January 4, 2008David Boaz, executive vice president: Republicans looking for a presidential candidate to inspire them are now faced with a tax-and-spend religious rightist who would have the federal government regulate everything from restaurant menus to local schools. As Dorothy Parker would say, "What fresh hell is this?" Cato's executive vice president David Boaz has played a key role in the development of the Cato Institute and the libertarian movement. He is a provocative commentator and a leading authority on domestic issues such as education choice, drug legalization, the growth of government,...
  • Not So Hot

    12/28/2007 10:26:11 AM PST · by ricks_place · 13 replies · 127+ views
    CATO Institute ^ | 12/27/07 | Patrick J. Michaels
    If a scientific paper appeared in a major journal saying that the planet has warmed twice as much as previously thought, that would be front-page news in every major paper around the planet. But what would happen if a paper was published demonstrating that the planet may have warmed up only half as much as previously thought? Nothing. Earlier this month, Ross McKitrick from Canada's University of Guelph and I published a manuscript in the Journal of Geophysical Research-Atmospheres saying precisely that. Scientists have known for years that temperature records can be contaminated by so-called "urban warming," which results from...
  • Houston Lures with Low Housing Costs

    12/23/2007 12:43:58 AM PST · by bruinbirdman · 43 replies · 150+ views
    Cato Daily Dispatch | 12/21/07 | Jacob Grier, editor
    "Many Vietnamese Americans from California ... have flocked to Houston, lured by cheap real estate, a lower cost of living, bountiful business opportunities and a thriving, growing Vietnamese community," The Los Angeles Times reports. "Houston offers a slice of the American Dream to Vietnamese Americans who couldn't find it in California. In San Jose and Orange County, home to the country's largest Vietnamese enclaves, skyrocketing rents and staggering housing prices -- even in a down market -- have become too much for some." In the policy analysis "The Planning Tax: The Case Against Regional Growth-Management Planning," Cato senior fellow Randal...
  • Cato Scholar Comments on New Energy Bill

    12/19/2007 10:12:53 AM PST · by Tolerance Sucks Rocks · 142 replies · 674+ views
    Cato Institute ^ | December 19, 2007 | Jerry Taylor
    The energy bill to be signed by the president today is arguably the worst piece of energy legislation ever enacted into law. It will substantially increase the price of automobiles, increase highway fatalities, increase fuel prices, worsen air pollution, and force consumers to buy products (like super-efficient light bulbs) that they manifestly -- and for very good reason -- do not want to buy. It will transfer huge amounts of wealth from the consumer to the farm lobby in the course of promoting a dubious product -- ethanol -- that will make energy supplies less reliable and greenhouse gas emission...
  • Clinton and Giuliani would grab even more power than Bush did

    12/13/2007 1:40:52 PM PST · by SubGeniusX · 10 replies · 310+ views
    Union Leader ^ | Tuesday, Dec. 11, 2007 | By DAVID BOAZ
    THE LATEST news from presidential front-runners Hillary Clinton and Rudolph Giuliani illustrates their very different views of power and the presidency. Clinton, always eager to wield power on behalf of her vision of the public good, has just endorsed new government mandates on health care and energy along with a $50 billion spending program for global AIDS. Meanwhile, revelations about Giuliani's secretive use of New York City police and his refusal to allow the city comptroller to audit his security spending reflect his lifelong affinity for using and abusing power. Clinton calls herself a "government junkie." She says, "There is...
  • Deconstructing the Second Amendment

    12/04/2007 9:17:53 AM PST · by GoldwaterInstitute · 12 replies · 84+ views
    The Goldwater Institute ^ | November 29, 2007 | Clint Bolick
    Though it is well over two centuries old, the Second Amendment right to keep and bear arms never has been definitively interpreted by the U.S. Supreme Court-much less enforced. The amendment's orphan status among the Bill of Rights may soon change because the Supreme Court has agreed to review a ruling by a federal appeals court striking down the District of Columbia's sweeping restrictions on handgun ownership. The amendment is oddly worded: "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms shall not be infringed." University...
  • Naomi Wolf, Second Amendment Sister?

    11/25/2007 5:10:39 PM PST · by DogByte6RER · 23 replies · 513+ views
    Cato@Liberty (Cato Institute) ^ | 11.25.07 | David Boaz
    Naomi Wolf, Second Amendment Sister? Naomi Wolf has an article in today’s Washington Post tied to her new book, The End of America: A Letter of Warning to a Young Patriot. The essay is actually a lot less leftist than the book. She deplores the civic illiteracy among young people that leaves them feeling ”depressed, cynical and powerless.” And she blames influences on both left and right: the Bush administration’s portrayal of “freedom and checks and balances as threats to national security,” of course, and also the No Child Left Behind Act’s emphasis on math and reading rather than civics...
  • Free our guns

    11/22/2007 6:22:14 PM PST · by Coleus · 25 replies · 78+ views ^ | November 16, 2007 | ROBERT A. LEVY
    IT'S BEEN 68 years since the Supreme Court examined the right to keep and bear arms secured by the Second Amendment. It's been 31 years since the District of Columbia enacted its feckless ban on all functional firearms in the capital. It's been eight months since the U.S. Court of Appeals for the District of Columbia Circuit declared the D.C. ban -- among the most restrictive in the nation -- unconstitutional. The obvious incongruity of those three events could be resolved soon. Later this month, the Supreme Court will decide whether to review the circuit court's blockbuster opinion in Parker...
  • Cato's Trade Report: Blinded by Ideology

    11/13/2007 7:03:42 PM PST · by Pelham · 26 replies · 122+ views
    CREATORS SYNDICATE ^ | October 10, 2007 | Paul Craig Roberts
    On August 28 the Cato Institute in Washington DC published a report, “Thriving in a Global Economy: The Truth about US Manufacturing and Trade.” The report confuses a company’s offshored products with its import competition and wrongly concludes that US companies with the most import competition are the companies that are thriving. The Cato report never mentions the practice of US corporations of offshoring their production for US markets. Consequently, the report conflates offshored inputs and final goods of US corporations with imports from competitive foreign firms. The report thus confuses corporations or industries that offshore their manufacturing with those...
  • The Truth on Trade (It's Boosting U.S. Incomes)

    11/10/2007 10:03:26 AM PST · by 1rudeboy · 63 replies · 128+ views
    Cato via New York Post ^ | November 7, 2007 | Daniel Griswold
    Daniel Griswold directs the Cato Institute's Center for Trade Policy Studies and authored the new study, "Trading Up: How Expanding Trade Has Delivered Better Jobs and Higher Living Standards for American Workers," available at President Bush urged Congress yesterday to pass four pending trade agreements, telling a White House audience that open markets boost economic growth, raise standards of living by creating higher-paying jobs and deliver more choice and better prices for consumers. Despite claims to the contrary by populist opponents of trade expansion, the president has the facts and decades of experience on his side. Critics of trade...
  • Cato Scholar Comments on Hillary Clinton's Health Plan

    09/17/2007 4:09:28 PM PDT · by Tolerance Sucks Rocks · 23 replies · 382+ views
    Cato Institute ^ | September 17, 2007 | Michael D. Tanner
    Here we go again. HillaryCare is back, and its apparent that Sen. Clinton has learned little since the American people overwhelmingly rejected her last attempt to overhaul the U.S. health care system. Once again her plan, which would cost $110 billion per year in new taxes, calls for greater government control over American health care. If her plan were to pass this time, it would mean higher taxes, lost jobs, less patient choice, and poorer quality health care. Among the worst features of her proposal: An individual mandate. Sen. Clinton would require every American to purchase health insurance or face...
  • Cato Scholar Comments on Fred Thompson and Ronald Reagan

    09/07/2007 4:08:56 PM PDT · by traderrob6 · 20 replies · 717+ views
    CATO ^ | 9/7/07 | Chris Edwards
    The New York Times is right that Fred Thompson's strong support of federalism makes him an intellectual heir of Ronald Reagan. Central to Reagan's campaign for president was his belief that the federal government was too big and that there should be an "orderly transfer" of federal activities back to the states and the people. Kudos to Thompson for injecting federalism back into public discussion. Thompson is right that federalism "is a tool to promote freedom." All the Republican candidates should do less griping about "pork" spending, and put their efforts into plans for abolishing major agencies and reviving the...
  • Summoning the Ghosts of Smoot and Hawley

    Members of the 110th Congress haven’t been shy about expressing their disdain for trade. No fewer than two dozen trade-related bills, almost all of which are antagonistic toward U.S. trade partners or outright protectionist, were introduced in the first seven months of this Congress. While some of those bills were crafted mostly for political effect, it is pretty clear that some hostile trade legislation will at least make it to the floors of both chambers this session or next. With Congress adjourned for August recess, here’s where things stand. For all intents and purposes, the completed bilateral trade agreements with...
  • Misreading Venezuela

    08/24/2007 11:52:03 AM PDT · by bruinbirdman · 27 replies · 850+ views
    CATO Institute ^ | 8/24/2007 | Gustavo Coronel
    Contrary to what Americans hear constantly from the media, Venezuelans have a poor opinion of their president, Hugo Chavez, and a positive opinion of Americans and the United States. As a senior Venezuelan currently living in the U.S. while keeping up-to-date with Venezuelan affairs (I am also a former member of the Venezuelan congress), I have come to accept that Venezuela generally merits little attention from U.S. society, except in three or four areas: baseball players, beautiful women, oil and the antics of Hugo Chavez. Hugo Chavez' September 2006 UN speech in which he called President Bush a "devil" and...