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Obama CAFE kills
President Obama unveiled Tuesday a plan to sharply increase federal gas mileage rules for vehicles sold in the United States, eventually bringing the requirement up…
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Chrysler Confronts Grim Future, Despite Billions in Taxpayer Subsidies
The federal government poured billions of dollars into Chrysler, which then went bankrupt and merged with Fiat. But Chrysler may never revive, thanks to absurdly…
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NBCC/CRA study estimates Waxman-Markey would reduce employment by 2.3 million jobs in 2015
The National Black Chamber of Commerce (NBCC) today released a study by Charles River Associates (CRA) on the economic impacts of H.R. 2454, the American…
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Fulfilling Prophecies
CBO estimated today that unemployment will top out at around 10.5% before it recovers. Congress is doing its part to make CBO’s dire prophecy a…
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Class Warfare Against the Financially Responsible
Earlier, the Obama Administration pushed through $250 billion in mortgage bailouts, to bail out even some high-income borrowers with normal mortgage payments, and…
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Retirees, Taxpayers Ripped Off to Subsidize UAW
Obama accused critics of his decision to give control of Chrysler to the United Auto Workers Union of being “speculators.” But it turns out…