Online activists were still busy celebrating a successful day of protest against proposed (and now shelved) Internet censorship legislation when the Justice Department pulled the popular cyberlocker site Megaupload offline Thursday, and indicted its owners on charges of criminal copyright infringement. It was a serendipitously timed demonstration of two important facts. First, the U.S. legal [...]
FBI Reminds Us Government Already Has MegaPower to Take Down Websites is a post from Cato @ Liberty – Cato Institute Blog
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This week saw a bunch of great new content added to Libertarianism.org. On Tuesday, George Smith published another essay to his ongoing series about the events leading up to the American Revolution. This time he told the story of the Boston Tea Party: In substituting naked force for conciliation and compromise, the British hoped to [...]
This Week at Libertarianism.org is a post from Cato @ Liberty – Cato Institute Blog
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The recently released Federal Reserve White Paper on the Housing Market has received considerable attention, at least for its policy proposals. I found one of the more interesting pieces of data in the paper to be the number of mortgages with negative equity, reproduced below (Figure 3 in the Fed paper). What I found both [...]
FHA and the Foreclosures of Tomorrow is a post from Cato @ Liberty – Cato Institute Blog
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If you’ve followed Obama’s nominations to the Federal Reserve, he’s been pretty consistent, displaying a strong preference for coastal academics or politicos. Not one of his nominations came from the private sector (or “flyover country”), despite the very clear requirements of the Federal Reserve Act. Recently released Fed transcripts reveal an interesting fact: it wasn’t [...]
It Was the Republican Banker on the Fed Board Raising Concern about Housing is a post from Cato @ Liberty – Cato Institute Blog
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Today Cato filed its second Supreme Court amicus brief in the Obamacare litigation, on the issue of whether the health care law’s Medicaid expansion is a proper exercise of the Constitution’s Spending Clause. That is, states must now accept a comprehensive reorganization of Medicaid or forfeit all federal Medicaid funding—even though the spending power is circumscribed [...]
Obamacare’s Medicaid Expansion Violates Federalism is a post from Cato @ Liberty – Cato Institute Blog
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The other day I saw a bumper sticker with an Obama logo and the words YES WE DID. This was hardly a surprise, as Obama got 67 percent of the vote in my neighborhood and 72 percent in my county, home to lobbyists and bureaucrats. And the embattled Republicans don’t flaunt their dissidence on their [...]
Yes They Did is a post from Cato @ Liberty – Cato Institute Blog
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The reviewers warned me — don’t see The Iron Lady, the new movie starring Meryl Streep as Margaret Thatcher. Kelly Jane Torrance of the Washington Examiner mourns, “The climax of this movie about one of the most important people — not just women, but people — of the 20th century comes when Margaret Thatcher decides [...]
The Weinstein Marketing Team Understands Margaret Thatcher’s Appeal Better than the Writer and Director of “The Iron Lady” Do is a post from Cato @ Liberty – Cato Institute Blog
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Contrary to what various news outlets are reporting, President Obama is NOT proposing to cut government. The administration is proposing to take four independent federal agencies that specialize in corporate welfare – along with the Office of the U.S. Trade Representative – and combine them with corporate welfare programs at the Department of Commerce to [...]
Obama Proposes New Department of Corporate Welfare is a post from Cato @ Liberty – Cato Institute Blog
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By Trevor Burrus
Corporations, corporate speech, and the 2010 Supreme Court decision in Citizens United v. Federal Elections Commission are a new Mason/Dixon line in American politics. In late December, in true antebellum fashion, the Montana Supreme Court, in Western Tradition Partnership, Inc. v. Attorney General of Montana, tried to nullify the case by ruling that Citizens United [...]
The Supremes vs. the Supremes is a post from Cato @ Liberty – Cato Institute Blog
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One of the rationales oft heard for Obama’s recent “recess” appointments is that the Senate is not “doing its job” or that Republicans have blocked his nominees and that our government “cannot function.” Putting aside the absurdity of the argument that somehow if Congress fails to “do its job” that empowers the President to take [...]
97% of Obama Nominations in 2011 Were Confirmed by the Senate is a post from Cato @ Liberty – Cato Institute Blog
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