Month: January 2008

Here’s one thing everyone should be able to agree upon from George Bush’s State of the Union address: “We have unfinished business before us.” Apart from that, it’s a little difficult to credit much of what he said. “So long as we continue to trust the people, our nation will prosper, our liberty will be…

Every year, the Heritage Foundation, in conjunction with the Wall Street Journal, dutifully churns out its annual Index of Economic Freedom, a ratings guide to countries’ relative corporate hospitality. The book-length report makes a quite modest global media splash every year. A Lexis search shows the 2008 report, issued last week, garnered (mostly quite short)…

It would be nice to write off the current crisis on Wall Street and global financial markets as something that only matters to the investor class. Unfortunately, the effects are already being felt in lower-income communities around the United States. Worst-case scenarios for what spins out from the U.S. mortgage meltdown are truly frightening —…