The Market Outlook for the Facts of the Matter

With two presidential debates and one vice presidential debate already behind us, fact-checkers across the nation must be pulling their hair out. A brief survey of factcheck.org sheds some important light on the many claims and figures that have been tossed around in the last two weeks, revealing little concern from either ticket for the facts of the matter. Continue Reading...

Dodd-Frank: The Other Serious Threat

At least Obamacare comes at us head on. The greater legislative threat may be the one that most Americans have never heard of. Economist Scott Powell and Acton friend Jay Richards explain in a new piece in Barron’s: While Obamacare received more attention, the Wall Street Reform and Consumer Protection Act, also known as Dodd-Frank after its Senate and House sponsors, … unleashed a new regulatory body, the Consumer Financial Protection Bureau, to operate with unprecedented power. Continue Reading...

Bruce Wayne’s Bane

Over at the Christian Post, Napp Nazworth does a good job summarizing some of the political jockeying that has been going on ahead of and now in the midst of the release of the latest Batman film, “The Dark Knight Rises.” Continue Reading...

Rick Warren on Obama’s Economic Gospel

On Sunday Saddleback Church pastor Rick Warren appeared on ABC’s This Week and was asked if he agreed with President Obama’s economic gospel. As Kathryn Jean Lopez says, “I’m thinking the president probably wishes he picked a different pastor for the inaugural prayer.” Continue Reading...

Who Keeps the Keepers?

Sam Gregg’s response to President Obama’s latest invocation of the “my brother’s keeper” motif brings out one of the basic problems with applying this biblical question to public policy. As Gregg points out, the logic of the president’s usage points to the government as the institution of brotherly love: But who is the “I” that President Obama has in mind? Continue Reading...