By Rick Manning — Here is what Iowa Democrat Sen. Tom Harkin said on Valentine’s Day making one wonder if Cupid’s arrow sapped him of his senses. SEN. TOM HARKIN (D-IA): “Thank you, Madam Chair. I think, first of all, I want to disagree with those who say we have a spending problem. Everyone keeps saying we have a spending [...]
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. [...]
18.06.2012
in Big Government, Congress, Economy, Government Regulations, Government Spending, House, Jobs/Unemployment, Misguided Economics, Politics, Senate, War on the Young
by Kevin Mooney
2
By Kevin Mooney — Contrary to some of the key findings included within a new U.S. Government Accountability Office (GAO) report, unemployment is actually much worse among younger workers than older workers, according to recent congressional testimony. The GAO report recommends that lawmakers intervene on behalf of older Americans who have been out of work. Congress should offer temporary wages [...]
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 [...]
By Kevin Mooney — Government agencies and international institutions that have worked tenaciously to vilify carbon dioxide (CO2) as a dangerous pollutant have done a great public disservice, Dr. Craig Idso, a scientist and author told audience members at the American Legislative Exchange Council’s (ALEC) annual meeting earlier this month. Contrary to what has been widely reported, CO2 is a [...]
In a strange response in an interview conducted by NBC, Obama blamed modern technology, even specifically blaming ATM’s at banks and ticketing kiosks at airports, as causes of the high rate of unemployment in America. Obama stated, “There are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot [...]
By Kevin Mooney – State officials should act now to deny ObamaCare the regulatory edifice it needs to take root, instead of waiting for the U.S. Supreme Court to overturn the federal law, according to policy analysts who favor free market reforms. Already, Gov. Bobby Jindal (R-La.) has joined with Gov. Sean Parnell (R-Alaska) and Gov. Rick Scott (R-Fla.) in [...]
By Adam Bitely – In Robert Samuelson’s recent op-ed praising TARP as a success of government intervention that stabilized the financial market, he stated, “Without TARP, we’d be worse off today. No one can say whether unemployment would be 11 percent or 14 percent; it certainly wouldn’t be 8.9 percent.” Samuelsson must have access to information that the rest of [...]
By Adam Bitely – Contrary to Robert Samuelson’s claim that TARP has been a success story, it has been anything but. Writing in the Washington Post, Samuelson claims that “[w]hen the entire financial system succumbs to panic, only the government is powerful enough to prevent a complete collapse.” Clearly, Samuelson has never taken an economics course. First, when the financial [...]
01.03.2011
in Economy, Misguided Economics
by Adam Bitely
0
There is nothing wrong with purchasing items made locally, as I have noted before. But there is something wrong with preaching to the rest of us the “Buy Local” mantra from the rear window of your foreign SUV: My fiance spotted the above “Buy Local Mobile” over the weekend in Washington, D.C. and snapped a picture of it for me [...]