Some 200 retailers nationally opened their doors on Thanksgiving Day, and a lot of others did so at midnight. Shoes, jewelry, sporting goods, flat-screen TVs, fancy chocolate -- if you wanted it, you could buy it before the football games were finished.
The Obama administration is well-known for its heavy-handed regulatory overreach, and letting government decide winners and losers instead of the free market. No better example of the Obama administration’s contempt for free enterprise is at the Federal Trade Commission (FTC), which is currently considering how to proceed with its investigation into whether Google uses its position in Internet search to steer users to the company’s preferred services and away from those of its competitors. And while the agency ponders whether to bring a formal complaint against the company, there's a real danger that it may confuse aiding Google's competitors with serving consumers.
American taxpayers are quite often skeptical and critical of federal government bureaucracies. That skepticism is amplified when applied to international institutions like the European Union (EU) and the United Nations (UN), which receives more than $1 billion in taxpayer dollars.
A recent Wall Street Journal article examined how the Feds' use of low interest rate policies has failed to reach those in need the most. Aptly calling it the “credit divide,” the article finds that “Fed officials have been frustrated in the past year that low interest rate policies haven’t reached enough Americans to spur stronger growth, the way economics textbooks say low rates should.”
It’s been two years since President Obama signed the Wall Street-reform bill that has come to be known as Dodd-Frank. So has it succeeded in creating “safer and more modern rules of the road for the financial industry,” as Treasury Secretary Timothy Geithner claims?
Townhall.com is the leading source for conservative news and political commentary and analysis.
Townhall is packed with breaking news headlines, political news, and conservative opinion with Townhall columnists including Ann Coulter, Michelle Malkin, Michael Barone, Star Parker, Dennis Prager, Thomas Sowell, and many more of your favorite conservatives.
Political cartoons full of satire and political humor from editorial cartoonists including Michael Ramirez, Glenn McCoy, and Henry Payne.
Townhall.com also features the latest news videos and pictures on the latest political hot topics including health care reform, the economy, immigration, government tax, President Obama, Sarah Palin, Mitt Romney, Herman Cain, Ron Paul, Iraq, immigration, politics, gay marriage laws, and many more big news issues.
Townhall Magazine is our monthly print magazine that offers more exclusive investigative journalism, in-depth reporting, analysis, interviews with the heavy hitters and powerful exposés.