The wind behind an absurd approach to oil policy. Chuck Schumer (Democrat–New York), the headline-loving U.S. senator who hasn’t disguised his ambition to succeed Harry Reid as the Senate Majority Leader, garnered some press attention the other day by calling on Saudi Arabia to boost its oil production in order to help suppress a politically ... MORESteve Forbes: Chuck Schumer, Know-Nothing Senator
The wind behind an absurd approach to oil policy. Chuck Schumer (Democrat–New York), the headline-loving U.S. senator who hasn’t disguised his ambition to succeed Harry Reid as the Senate Majority Leader, garnered some press attention the other day by calling on Saudi Arabia to boost its oil production in order to help suppress a politically ... MORESandra Fabry: EPA Is Flexing Its Job-Killing Muscle
Where environmentalism isn't a 'spectator sport.' Lisa Jackson’s Environmental Protection Agency (EPA) is at it again. Already having been called out on flawed science for its ground water studies in Wyoming in the fight over the practice of hydraulic fracturing, the agency is now clashing with the Commonwealth of Pennsylvania, which charges the EPA with ... MOREChuck DeVore: Texas Vs. California
Why many go from the Golden State to the Lone Star State. One in five Americans calls California or Texas home. The two most populous states have a lot in common: a long coast, a sunny climate, a diverse population, plenty of oil in the ground, and Mexico to the south. Where they diverge is in their governance. For six years ending in 2010, I ... MOREPhilip Klein: CBO Estimates ObamaCare Will Cost $1.76T
Cost estimate already twice the original forecast. President Obama's national health care law will cost $1.76 trillion over a decade, according to a new projection released today by the Congressional Budget Office, rather than the $940 billion forecast when it was signed into law. Democrats employed many accounting tricks when they were ... MORERonald Bailey: Newt's Despicable Gasoline Price Promise
Newt imagines he can control the law of supply and demand. Former House Speaker and current Republican presidential hopeful Newt Gingrich has promised voters that gasoline will be $2.50 per gallon after he becomes president. In fact, Gingrich thinks he may even be able to get the price down to $1.20 per gallon. "His promise to go the moon is ... MOREJohn W. Whitehead: NYC, Prototype Of A Police State?
You have more to fear than fear itself. “I have my own army in the NYPD, which is the seventh biggest army in the world. I have my own State Department, much to Foggy Bottom’s annoyance. We have the United Nations in New York, and so we have an entree into the diplomatic world that Washington does not have.”—Michael Bloomberg, Mayor ... MORE
Jeff Greenlee: We Are All Libertarians Now
The dark, dirty (but not-so-little) secret. Less than two months after Barack Obama's inauguration, Newsweek ran a cover story written by its editor, Jon Meacham, with the title "We Are All Socialists Now." The giddy faux-journalists in the predominately leftist media were still intoxicated from the Novermber 2008 victory parties, achieved after easily ... MOREYaron Brooks & Don Watkins: The "On Your Own" Economy
A self-directing free man or society's servant. “From cradle to grave.” So goes the motto of the entitlement state, whose creator Otto von Bismarck said: “Give the working-man the right to work as long as he is healthy, assure him care when he is sick, assure him maintenance when he is old.” Are you bothered by the thought of government embedding ... MORE
Sheldon Richman: Adam Smith Vs. Crony Capitalism
Smith's suspicions about business people were well-founded. I admit it: I like Adam Smith. His perceptiveness never fails to impress. True, he didn’t foresee the marginal revolution that Carl Menger would launch a century later (with, less significantly in my view, Jevons and Walras), but give the guy a break. The Wealth of Nations is a great piece of work. ... MOREMike Tuttle: Rush Limbaugh And Freedom Of Speech
Are his right being trampled? After Rush Limbaugh called Sandra Fluke a slut, the Internet exploded with comments from people taking one side or another. And, while Limbaugh’s faithful “mega-dittoes” crowd could be counted upon to defend their champion, it was the “strange bedfellows” that were made that confounded many. Bill Maher came out in open ... MOREObama Regulations Cost Americans $46 Billion A Year
by Paul Bedard. Some 10,215 new federal regulations from the Obama administration are costing consumers, businesses and the economy overall $46 billion annually, more than five times the regulatory price tag of former President Bush in his first three years in office. Worse: just implementing those regulations had a one-time additional cost of $11 billion ... MORE
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