And they won’t be the last to challenge this administration’s overt and unprecedented attack on religious freedom. What a shane this is even a question.
Read full article » No Comments »Dozens of Roman Catholic dioceses, schools and other institutions sued the Obama administration Monday over a government mandate requiring most employers to provide birth control coverage as part of their employee health plans.
The lawsuits filed in federal courts around the country represent the largest push against the mandate since President Barack Obama announced the policy in January. Among those suing are the University of Notre Dame, the Archdioceses of Washington, New York and Michigan, and the Catholic University of America.
“We have tried negotiation with the administration and legislation with the Congress, and we’ll keep at it, but there’s still no fix,” said New York Cardinal Timothy Dolan, president of the U.S. Conference of Catholic Bishops. “Time is running out, and our valuable ministries and fundamental rights hang in the balance, so we have to resort to the courts now.”
The Wall Street Journal’s Kimberely Strassel cuts through the half-truths about the Left’s attack on Bain Capital’s role in GS Technologies. Obviously, the attack ad in question is about pure politics. My point in posting this Strassel piece is not to argue politics, or for or against a candidate, but to illuminate the facts about venture capitalists, the risks they take, and the outcomes they produce in a global marketplace that demands efficiency.
Read full article » No Comments »A private-equity firm looking to quickly strip value from a company—to “suck” the life out of it—does not do so by investing $100 million in modernization and holding on for eight years, through bankruptcy. Bain has surely made its share of mistakes, and one may well have been trying to resuscitate a traditional steel firm in the grip of industry upheaval. The irony, says Mr. Huselton, is that this plant “wouldn’t even be in today’s news, if it hadn’t been the opportunity that came with Bain. Those jobs would have been gone in 1993.”
