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Tag: WSJ

Tech Industry Scores Big Win with Immigration Bill

Tech Industry Scores Big Win with Immigration Bill

Aggressive and unprecedented lobbying by Silicon Valley paid off last week, as the Senate Judiciary Committee approved an immigration bill that will be a boon to the high-tech sector. Among the provisions Silicon Valley secured in their efforts to shape

Investors Help Drive Home Prices Up 10.9%

Investors Help Drive Home Prices Up 10.9%

In March, home prices increased 10.9% from last year at this time but are still down 28% from 2006 levels. Analysts say one key driver for the uptick in home prices is not individuals buying homes but rather large investor

Iranian Backed Hackers Infiltrating U.S. Energy Companies

Iranian Backed Hackers Infiltrating U.S. Energy Companies

Current and former U.S. officials are reporting “Iran backed hackers have escalated a campaign against U.S. corporations” and have infiltrated “computer networks running energy companies.” According to The Wall Street Journal, the Iranians “were able to gain access to control-system

Why Didn't I.R.S. Targeting Get Reported to Congress?

The Inspector General Act of 1978 mandates that “particularly serious or flagrant problems” be shared with Congress by the relevant agency within seven days. During yesterday’s congressional testimony Inspector General George argued that such reporting would be “impractical” and “counter-productive.”

Did Anyone Care about 501c4s before the McCain-Feingold Monstrosity?

Not really.  The IRS had little interest in 501(c)(4) political activities until the 2002 McCain-Feingold campaign-finance reform. That law barred dedicated political-advocacy groups from soliciting and spending soft money–funds that aren’t subject to tight federal campaign-contribution limits and are used

The Citizens United obsession

In response to Dems Still Trying to Make IRS Scandal About Citizens United: At the Wall Street Journal, Justice Department veterans David Rivkin and Lee Casey discuss how Citizens United loomed large in the Left’s imagination, even as the IRS scandal was

Silver's Table Wrong: Superrich Support Obama

Silver's Table Wrong: Superrich Support Obama

Frank VanderSloot was one of 16 million-dollar Romney donors identified by Rolling Stone, and now Nate Silver writes that the fact that there is no statistical evidence that the IRS audit of VanderSloot indicates he was targeted.  At first glance there

WSJ Columnist Labels Obama 'President Asterisk'

WSJ Columnist Labels Obama 'President Asterisk'

Comparing the unfair advantage of the IRS targeting conservative groups to professional athletes taking illegal steroids, James Taranto of the Wall Street Journal believes Barack Obama’s 2012 re-election campaign deserves the mark frequently associated with sports’s most dubious record breakers:

Yahoo to Buy Tumblr for $1.1 Billion

Yahoo to Buy Tumblr for $1.1 Billion

Yahoo, Inc. has announced that it has cleared the way to purchase the social website Tumblr for a cool $1.1 billion. The Yahoo board approved the deal in a conference call on May 17, but by Sunday, it wasn’t clear

How the Tea Party Saved America's Economy

How the Tea Party Saved America's Economy

In the midst of the scandal over the Internal Revenue Service (IRS) unconstitutional and likely criminal targeting of Tea Party and other conservative groups, the Wall Street Journal released some fascinating data about the comparative performance of the U.S. and European

IRS Demanded Tea Party Reading Lists, Facebook Posts

IRS Demanded Tea Party Reading Lists, Facebook Posts

The Internal Revenue Service (IRS) demanded that limited government and tea party groups produce Facebook posts, donor lists, and even what books group members were reading, reports Politico. The IRS’s hardball political tactics were all part of a strategy to

IRS Scrutinized Groups for Advocating Smaller Government

IRS Scrutinized Groups for Advocating Smaller Government

On Sunday, the Wall Street Journal reported that the Treasury Inspector General for Tax Administration has discovered that the IRS did not merely target groups containing the words “Tea Party” or “patriots” – the IRS gave heightened scrutiny for any