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When solar tax incentives overheated, the residential solar market became scorched
Residential solar has long been sold as a win-win for consumers and the environment. It was marketed as an affordable way for homeowners to reduce…
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Obamacare’s subsidy cliff: How many enrollees are actually affected?
Democrats in Congress have put Obamacare front and center in their opposition to the Republicans’ temporary budget. One provision of the American Rescue Plan…
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Closing the window on public media funding
A door has closed, but windows remain open. Recently, the Corporation for Public Broadcasting (CPB) announced that it would discontinue operations in light of…
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The Acceptable Face of Capitalism?
Our simplest and best answer to the whole bailout issue, it seems to me, is that creative destruction has to be allowed to take place.
Blog
Auto Bailout Smoke and Mirrors
Mickey Kaus, a moderate Democrat, explains how the proposed auto bailout contains little leverage for the proposed “auto czar” to really cut the excessive…
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A Union Sit-In, Global Warming Politics and Mortgage Modification
Laid off union members stage a sit-in at the recently-closed Republic Windows & Doors plant in Chicago. Physicist Richard A. Muller endorses “exaggeration and distortion”…
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Socialism: It’s Already Here!
The candidates in the recent presidential election argued about whether one of them was advocating socialism. Actually, it looks like we’re already there. An ever-growing…
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Auto Bailout – Destroying Detroit by ‘saving’ it
In a famous quotation from his 1986 address to the annual White House Conference on Small Business, President Ronald Reagan quipped that “government’s view…
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German Finance Humor
When the Germans are laughing at you, things are in a pretty serious mess. That’s the case with the British version of the bailout, which…