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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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Amtrak And The Progressive Sleight Of Hand
Progressives have always assumed that if something is good, it must be provided through coercive force by a central government. This is illustrated in progressive…
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Cyprus Is A Lesson For U.S. Policy Makers: Too Big To Fail Is Not Inevitable
American financial regulators could take a lesson from their European counterparts. The recent EU bail-in/bailout of Cyprus, despite its dangers, shows that reducing moral hazard…
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What Cyprus (Initially) Got Right — Remembering The 2008 WaMu Capital “Run”
There's no shortage of criticism of the Cyprus "bail-in" -- the one-time tax the government had proposed levying on insured and uninsured depositors to rescue…
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Dallas Fed’s Fisher And CPAC’s Fishy Too-Big-To-Fail Event
If the Conservative Political Action Conference’s (CPAC) organizers wanted a speaker or panel on the causes of the financial crisis and what to do about…
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SEC Charges Illinois With Securities Fraud And Lets It Off With A Warning
This week, Illinois became only the second state in U.S. history to by charged with securities fraud by federal regulators (New Jersey was the first,…
Free Beacon
Fannie Motors
“It’s becoming Fannie Motors,” said Competitive Enterprise Institute finance scholar John Berlau, referring to the government-backed housing lender Fannie Mae. “They’re still using our tax…