In the Great Depression, President Herbert Hoover raised marginal tax rates to 63%, and went on a deficit spending binge. He also signed the Smoot-Hawley tariff, which helped turn a recession into the Great Depression by triggering a trade war with other countries.

Obama is on the same path. His deficit-exploding $800 billion stimulus package blocked 97 Mexican truckers from U.S. roads. That NAFTA violation “caused Mexico to retaliate with tariffs on 90 goods affecting $2.4 billion in U.S. trade.” The CBO admits…

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In response to public outrage, Obama is belatedly criticizing the millions of dollars in bonuses that AIG, which is being bailed by taxpayers at a cost of $170 billion, is paying to its executives. But his criticism is hypocritical and dishonest, both because his administration had known about the bonuses long before they became public, and because the stimulus package he himself signed contains language specifically designed to shield those bonuses.

Who put that provision there? Senator Chris Dodd (D-CT), who received $280,000 in campaign…

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Yesterday the UK saw a large group of protesters bring a major London airport to a halt. Plane Stupid (you can’t get them for false advertising, that’s for sure) managed to cancel over 50 flights as the airport closed for five hours while police arrested 56 people, of whom 49 have now been charged.

As Christopher Booker reminds us, eco-activists in the UK were encouraged when a jury found a gang of Greenpeace protesters not guilty of criminal damage to a…

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Steve Milloy and Neil Hrab, both friends of the Institute, have picked up on the amazing travel opportunity (mentioned in today’s Daily Update) that’s being offered by the World Wildlife Fund to potential donors.

Who cares how much carbon we’re emitting? We’re the good guys!

That’s right, you can join the elite of the international environmental activist class on a “remarkable 25-day journey by private jet.” This luxury trip will enable participants to “Explore natural and cultural treasures in remote areas of South America,…

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