Timothy P. Carney is a senior political columnist at the Washington Examiner and a visiting fellow at the American Enterprise Institute. He is also the author of "The Big Ripoff" (Wiley, 2006) and "Obamanomics" (Regnery, 2009).
By Timothy P. Carney | 05/10/13 03:25 PM
Nobody should be surprised that President Obama’s Internal Revenue Service targeted Tea Party groups. This is clearly corrupt and an abuse of power, but it’s what we should expect, given the nature of tax laws. Tax-exempt status works on two levels: for the individual and for the group. In...
By Timothy P. Carney | 05/09/13 01:20 PM
Billionaire Obama fundraiser Warren Buffett has invested this Spring substantially in Davita, a leader in dialysis machines, and in a big Iowa wind farm. Both of these should be understood as investments in big government. Regarding Davita, see CNBC’s Javier David reporting in December:...
By Timothy P. Carney | 05/09/13 11:50 AM
President Obama came to office promising to increase government’s involvement in Wall Street, and to slow the revolving door. These are mutually exclusive aims, and Obama has utterly failed on the latter score. When government increases its involvement in industry — more bailouts, more...
By Timothy P. Carney | 05/08/13 04:50 PM
When do 21 Republican senators vote for higher taxes? Answer: When the biggest businesses and local politicians hire top K Street lobbyists to push for the tax-hike legislation. A bipartisan majority of senators on Monday passed the "Marketplace Fairness Act," which forces large and mid-sized...
By Timothy P. Carney | 05/07/13 01:45 PM
The Federal Reserve’s policy of creating tons of new dollars by buying up financial assets is creating winners — and it’s not the middle class or the poor. Reuters explains that the Fed’s buying spree has driven up the price of subprime bonds, making some investors rich, while not...
By Timothy P. Carney | 05/07/13 01:10 PM
President Obama’s “New Economic Patriotism” leans heavily on exports, and thus on subsidies from the Export-Import Bank of the United States. Obama uses Ex-Im to support industries he likes (solar), companies he likes (Siemens, GE), and industries hurt by sequestration (satellites)....
By Timothy P. Carney | 05/07/13 12:35 PM
Being gay and childless led economist John Maynard Keynes to push short-term-oriented economic policy, asserted British commentator Niall Ferguson over the weekend. After a Twitter spasm of ire, Ferguson apologized pretty thoroughly. For one thing, Keynes and his wife reportedly lost a child...
By Timothy P. Carney | 05/06/13 05:20 PM
The presidential nominee who raised the most money won the 2012 election. Despite stiff odds in their favor, the party that raised the most in Senate races ended up gaining seats in 2012. So what does liberal Washington Post blogger Ezra Klein mean when he says, in the context of election...
By Paul Bedard | 06/17/13
By Paul Bedard | 06/19/13
By Byron York | 06/18/13
By Timothy P. Carney | 06/19/13
By Paul Bedard | 06/19/13
Today, speaking at the Brandenburg Gate, President Obama paid appropriate tribute to the brave East Germans who rebelled 60 years ago against Communist dictatorship:
Read More...The Obama administration announced on Tuesday that it was moving forward with its attempt to negotiate with the Taliban, which has opened a long-awaited political office in Doha, Qatar. The...
Read More...Williston, N.D.
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