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SOX Worldwide
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Blog

SOX Worldwide

The controversial Sarbanes-Oxley regulations have gone global. Beginning Saturday, foreign firms listing on U.S. exchanges must comply with SOX regulations if they have more than $75 million in market capitalization. This is good news for U.S.

07/16/2006
Parents See Equity in Vouchers, Not More Spending
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Blog

Parents See Equity in Vouchers, Not More Spending

The Philadelphia Inquirer has an article about an interesting lawsuit in New Jersey.  12 parents have sued 25 failing school districts in New Jersey and the state commissioner of education for failing to provide the “thorough and efficient education” guaranteed in the state’s constitution.  Multiple lawsuits in other states against have been filed in the past, but Crawford v. Davy breaks with the disappointing and flawed tradition that mistakenly believes that an indefinite increase in money for schools that do not serve students’ needs will magically provide a better education for students without doing the hard work of looking at how money is actually spent in schools.  Instead, parents are demanding that New Jersey honor its own constitution and laws and use the money that would be spent on failing schools to give families the choice to send their children to schools that do serve their students, regardless of public or private status or of its creed. 

07/16/2006
The Benefits of a U.S.-South Korea FTA
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Blog

The Benefits of a U.S.-South Korea FTA

Amid protests from thousands of famers, laborers, and students, the U.S.

07/16/2006
Five Years of Votes for Spending Increases
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Blog

Five Years of Votes for Spending Increases

The National Taxpayers Union reports the results of its analysis of the voting records of Congressman and found that for the fifth year in a row no one in either chamber voted overall to cut federal spending.  In fact, for every 5 cents of spending cuts the average member of the House voted for one dollar of spending.  In the Senate that ratio was 2 cents of cuts to every dollar in spending.  How does one claim to be serious about reducing the deficit with such a voting record?

07/13/2006
Tiny Tax Breaks Are Actually Taxing!
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Blog

Tiny Tax Breaks Are Actually Taxing!

Coupons -- 50 cents off, buy-one-get-one-free -- are usually attractive and make customers feel well. However, a WSJ writer David Wessel pointed out that "Tons of Tiny Tax Breaks Prove to Be Addictive and... Taxing" . (http://online.wsj.com/article/SB115274491342405064.html?mod=politics_primary_hs) David says that adding tax break to the dozens of others that decorate the tax code, we get higher tax rates than otherwise needed to bring in the same sum.

07/13/2006
NC Legislature Approves Cable Franchise Reform
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Blog

NC Legislature Approves Cable Franchise Reform

The North Carolina legislature approved a measure Tuesday that will eliminate franchise agreements between cable providers and county and municipal governments, ending the government-sanctioned monopoly cable tv providers have on video programming. Under the new provisions, any company that wishes to offer television service over phone lines or broadband internet can enter the market.

07/13/2006
Senate Votes to Overhaul FEMA
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Blog

Senate Votes to Overhaul FEMA

In the wake of massive criticism over FEMA's failed response to Hurricance Katrina, the Senate Tuesday voted to overhaul the agency in hopes of staving off another emergency management debacle.

07/13/2006
President Bush on the Economy
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Press Release

President Bush on the Economy

The East Room 9:45 A.M. EDT THE PRESIDENT: Thank you. Thanks for coming. The White House is the people's house, and I'm here to talk about the people's money. We're glad you're here. As you know, every year my administration produces a budget that lays out our priorities and our goals. And every summer the Office of Management and Budget releases a report called the Mid-Session Review that tells the American people how much progress we're making towards meeting our fiscal goals.

07/13/2006
European Death Wish
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Press Release

European Death Wish

This piece was originally published on July 13, 2006 in The Washington Times. VIENNA, Austria. -- Human lifespans in developed countries have been increasing 15 seconds every minute for the past 125 years, and they are increasing even faster in the developing countries -- on average about 20 seconds every minute. This means that in Europe and America lifespans increase about one year over every four-year period. Why has this happened? In one word -- chemistry.

07/13/2006
FreedomWorks Deplores European Union Attack on American Business
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Press Release

FreedomWorks Deplores European Union Attack on American Business

WASHINGTON, D.C. FreedomWorks today sharply criticized the E.U.’s European Commission’s (EC) recent fine of 280.5 million euros, or $357 million, against Microsoft. The fine came despite the fact that the underlying case is on appeal and has yet to be resolved.

07/13/2006

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