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AIG CEO Liddy owns millions in stock in bailout beneficiary Goldman — Tim Carney blockbuster in DC Examiner
Everyone should read the blockbuster exclusive in today's Washington Examiner in which Timothy P. Carney confirms that AIG CEO Edward Liddystill owns more than $3…
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Liberal Bootlicking
Members of the Congressional Black Caucus recently visited Cuba and licked Casto’s boots, calling him an “inspiring” visionary and an “amazing human being.”…
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Enough Water?
Cheers to Bill Nemitz for his very insightful piece “Enough Water: Let’s Figure it Out” in the Portland Press Herald. He showed that…
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America – full of Socialists?
Almost half of Americans either prefer socialism to capitalism or are downright confused, according to a Rasmussen poll released today. Twenty percent of Americans…
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Waxman-Markey litigation shell game
When I first eyeballed the 648-page draft cap-and-trade bill, authored by Reps. Henry Waxman (D-CA) and Ed Markey (D-MA), I was perplexed, even stunned. Secs. 831-834 of…
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Trojan Horse “Food Safety” Law
A misguided bill, the Food Safety Modernization Act of 2009, may shut down farmer’s markets and “drive out of business local farmers and artisanal,…
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CBO catches up with CEI on ethanol
Well. The Congressional Budget Office has finally caught up with what CEI has been saying for years — misguided ethanol policies cause higher food prices…
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Smith on Smith (and Gjerstad)
In a letter in today’s Wall Street Journal, CEI’s Fred Smith references Steven Gjerstad and Vernon Smith’s earlier op-ed to point out that…
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Baptist-Bootlegger Alliance on Tobacco
In today’s Washington Examiner, Tim Carney has an excellent column on how the bill to place tobacco under FDA regulation would reduce competition in…
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Ideologies Are Like Cults
Herbert Hoover ran up big budget deficits in response to the 1929 stock market crash, in an unsuccessful effort to stave off the Great…
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One Down, Six to Go!
Oh the Worries of Our Modern Malthusians! In Washington this week, the Anarctica and Arctic Councils met for…
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Interview with Sam Kazman on the Auto Bailout
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Credit card debt drops in February
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Rise of the Luddites
When it comes to things such as environmental policy, the Progressives have been rather successful at promoting their world view. They realized that it would…
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India calls carbon tariffs protectionist
At the Bonn, Germany, UN meetings on global warming issues, India urged rich countries not to use “green” protectionism by imposing carbon tariffs on…
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GASPing at the Geithner-Summers Plan
Like the acronym for the Geithner and Summers Plan — GASP — in the article by Laurence J Kotlikoff and Jeffrey Sachs. And “gasp”…
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DeSmogBlog: What About Me?
Yesterday DeSmogBlog added 7 more entries to its Global Warming Denier Database, which is touted as “an extensive database of individuals involved in the…
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Salt of the earth
Many people believe that salt is bad for your health, but John Tierney’s column today in the New York Times points out the body…
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The Growing Chorus against Foreign Aid
In today’s Wall Street Journal, Mary Anastasia O’Grady takes on the Obama administration’s approach to foreign aid, which, she argues, amounts merely to maintaining…
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Lincoln To Vote No on Card Check
Arkansas Democratic Senator Blanche Lincoln announced today that she will oppose the so-called Employee Free Choice Act, also known as teh “card check” bill.
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LibertyWeek 37: Slicin’ and Dyson
Your host Richard Morrison sits down this week with special guest co-hosts Michelle Minton and William Yeatman for LibertyWeek 37 (regular co-host Cord Blomquist…
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Myron Ebell on Cap and Trade
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A Bounty on Your 401(K)
The Obama Administration’s mortgage bailout for irresponsible borrowers (including wealthy borrowers with modest mortgage payments) provides a bounty for reckless sub-prime mortgage lenders…
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The newest altruist: Fidel Castro
“The financial crisis is not the only problem. There’s another worse one, because it has to do not with the means of production and distribution…
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“Newspapers are dying; Are universities next?”
Wikinomics warns that non-elite colleges risk the same plight now facing newspapers. Rarely do the dominant industries lead innovation, and in the case of…
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Crucial Military Votes Excluded in New York Special Election
The outcome of a special Congressional election in New York’s 20th Congressional District will likely turn on the illegal exclusion of up to 1,000…
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That G20 Communique
Yesterday’s communiqué from the leaders of the G20 – a motley collection of democracies and dictatorships – has some good points, but in general…
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Climate alarmists call for more groupthink
Nothing is more Orwellian than quoting Orwell to attack freedom of thought and discussion. Today’s ClimateWire (subscription required) provides a case in point. “Scientists need…
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Regulation of Local, Non-Interstate, Non-Commercial Conduct OK’d
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The mark-to-market relief rally
The events leading to the Dow’s climbing over 8000 today can be properly called the Mark-to-Market Relief Rally. More than any expected action of the…
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Could carbon capture and storage keep the lights on in a carbon-constrained future?
Only if the costs decline dramatically, a recent Congressional Research Service report suggests, as I discuss here. Currently, the costs of carbon capture…
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Markets Rally on Hopes of Regulatory Relief
The stock market has gone up by 280 points so far today, fueled by FASB’s vote to relax rigid mark-to-market accounting rules,…
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What would it take to reduce CO2 levels to 350 ppm?
“Climate 350”–for 350 parts per million (ppm) of carbon dioxide (CO2) in the atmosphere–is fast becoming the new mantra of Gorethodox believers in climate doom and…
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Senate votes to kill cap-and-trade?
Well, not overtly, but the Senate voted 89-8 for an amendment to the Fiscal year 2010 budget resolution (S. Con Res. 13), introduced by…
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Obama Follows in Hoover’s Footsteps
During the Great Depression, Herbert Hoover damaged the economy, and impoverished the American people, with costly, artificial attempts to stimulate the economy through…
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LibertyWeek 36: We Go Green
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Energy bill — “first shot” in carbon trade war?
In the wake of the release of the Waxman-Markey energy bill, many commenters have pointed to the drastic restrictions on domestic energy use to…
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Bill Giving D.C. a Congressman Is Unconstitutional
A bill that would give residents of Washington, D.C. a Congressman is unconstitutional, lawyers in the Justice Department’s Office of Legal Counsel concluded. But…
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Virginia Postrel on Her Own Brush with Cost-Effective Drug Research
One letter writer argues that Herceptin was a poor example because "Multiple cost-effectiveness analyses have shown that, despite its high cost, Herceptin is both effective…
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“Robbery of the American People”
“Nobel Prize-winning liberal economist Joseph Stiglitz points out that the Treasury Secretary Tim Geithner’s plan to have the government subsidize investments in ‘toxic assets’ creates…
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Verizon, AT&T See the Regulation Writing On The Wall
AT&T and Verizon are indicating that there is a chance that they will not seek funds from the broadband stimulus portion…
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AIG Chief Loves Vicious Left-Wing Terrorist?
AIG Financial Products CEO Gerry Pasciucco wears a T-shirt emblazoned with the face of Che Guevara — the Cuban “revolutionary” and henchman of Fidel…
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The EEOC: “The Fox Guarding the Henhouse”
“The Equal Employment Opportunity Commission, responsible for ensuring that the nation’s workers are treated fairly, has itself willfully violated the Fair Labor Standards Act…
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Capitalist-David rally versus Goliath-protests for Socialism
During the G20 summit something like 40,000 plus protesters slated to descend upon London. Of that number, there is a small but growing and…
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Organic Pesticides Fail EU Safety Review
Ask people who buy organic food what they like about it, and chances are, most will say "they're grown without pesticides." That's not actually true.
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Billions More for Failed Bailouts
Ironically, by getting rid of General Motors CEO Rick Wagoner, the Obama Administration has made it even harder for it to demand the painful…
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Cap-and-trade and carbon tariffs — the economic downside
Today the lead editorial in the Wall Street Journal takes a hard look at some of the negative economic consequences of touted cap-and-trade programs…
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With or Without You
The Obama administration's ouster of GM CEO Rick Wagoner won't solve the auto giant's problems. It does, however, show the power that government now wields…
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GM CEO to Resign
The President seems to think that GM is not fit to run itself. Given recent events, he may well be right. But how on earth…
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Torture Caused Bogus Orange Alerts
Many of those bogus orange alerts that inconvenienced and alarmed travelers since 9/11 had an unsavory source: torture. The Bush Administration, with the tacit…