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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 [...]

Government Agencies Overlook Benefits of Higher Carbon Dioxide Concentrations, Scientist Tells State Lawmakers

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 [...]

15.06.2011 in Economy, Featured, Misguided Economics, Politics by Adam Bitely 2

Obama Blames Efficiency As Cause of High Unemployment

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 [...]

State Officials Should Resist Implementing ObamaCare and Advance Free Market, Policy Analysts Say

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 [...]

04.04.2011 in Bailouts, Big Government, Misguided Economics, Politics by Adam Bitely 1

Would we be better off today without TARP?

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 [...]

TARP Was Not a Success

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

Buy Local = Indiana Plates and a Land Rover

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 [...]

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