Adjustable rate student loans are not ‘market-based,’ and will not ‘fix’ higher education

On May 23, the U.S. House of Representatives passed HR 1911, legislation that purports to avert student loan interest rates doubling from 3.4 percent to 6.8 percent. The truth, as usual, in Washington, D.C., is always slightly more nuanced. The hike in interest rates does not apply to existing loans given at a fixed rate. Instead, it applies to new [...]

Britain’s House of Lords Resists Global Warming Policies, Uplifts Free Trade With China

By Kevin Mooney — Suddenly, Great Britain’s House of Lords is back in style and that’s good news for the free market. Some of the more forceful critics of anti-energy, global warming policy proposals are finding expression in the elite unelected chamber. There is Lord Christopher Monckton, a former member of the Conservative Party, who has repeatedly challenged former U.S. [...]

Whose prosperity is it anyway?

By Howard Rich — Who gets credit for Sergei Rachmaninoff’s famous Piano Concerto No. 2?  The composer?  Or should we really thank the manufacturer of the piano he used while performing it?  What about the Declaration of Independence?  Does the credit go to Thomas Jefferson?  Or does our debt of gratitude go to whoever produced the paper and ink products [...]

European Banking Authority: 21.2 billion euro total Greek CDS exposure in Europe

Interestingly,  the European Banking Authority (EBA) and Depository Trust & Clearing Corporation (DTCC) data on net CDS exposure does not match. The difference could be that EBA is only reporting on European data, so one presumes worldwide exposure would be even larger. In any event, DTCC reported $3.2 billion of net exposure. While EBA reports €21.201 billion, of which it [...]

Chevron Documents Collusion Between Ecuador Court and Trial Attorneys in Response to Latest Ruling

By Kevin Mooney — Despite an adverse court ruling out of Ecuador, Chevron continues to remain on the offensive against trial lawyers who are suing the company over environmental allegations that have been hotly disputed.  An Ecuadorian appeals court in Lago Agrio  upheld a ruling earlier this month ordering the company to pay $18 billion in damages to plaintiffs who [...]

16.12.2011 in Big Government, Capitalism/Free Market, Economy, Politics by Rebekah Rast 0

Big government victims need protection, too.

By Rebekah Rast — If you ever ran a lemonade stand as a child you were aware of the basic market principles of supply and demand. If your lemonade was sold at too high a price, you likely didn’t get much business, or if you sold ice cold lemonade during a snowy day, or you skimped on the sugar, you [...]

13.10.2011 in ALG Videos, Capitalism/Free Market, Economy, Media, Politics by Frank McCaffrey 1

Occupy DC attacks Obama, government

By Frank McCaffrey — The confused message of “Occupy Wall Street” has also hit the streets of Washington, D.C.  ALG’s Rebecca DiFede has the story.

Property Owners, Small Businesses Under Assault from the FDIC and Hedge Fund Operators

By Kevin Mooney — Property owners and small business owners are under assault from the Federal Deposit Insurance Corporation (FDIC), which is operating in collusion with Wall Street hedge fund operatives, free market activists have warned. Here is how the take down works. When the FDIC steps in to close a bank, Wall Street hedge funds can foreclose on anyone [...]

The United Nations’ $72 trillion lie

By Howard Rich – In addition to preserving the inalienability of our individual liberties, limited government ideology has always revolved around the belief that the invisible hand of the free market creates more prosperity for more people than command-and-control economic wealth redistribution. Actually this isn’t so much a belief (or theory) as it is an incontrovertible economic law. Unfortunately, this [...]

“Wealthy Liberals” Seek to Shut Down Job Producing Drilling Innovations in Pennsylvania

By Kevin Mooney — “Wealthy liberals” are spreading false and misleading information about new drilling techniques that have opened up natural gas resources in Pennsylvania, according to a report from the Commonwealth Foundation. A geologic formation known as the Marcellus Shale, which cuts across New York, Pennsylvania, Ohio and West Viriginia, was beyond reach at one time. But this has [...]

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