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  • Monthly Archives: July 2008

    President Calls for Nuclear Energy

    Speaking to a group of welders in Euclid, Ohio, yesterday, President Bush called for an expansion of commercial nuclear power to alleviate America’s dependence on foreign oil. In his speech at Lincoln Electric Co., self-described as the welding capital of the world, Bush focused largely on energy prices and offered … More

    Toward a Neil Diamond-Free World

    The Atlantic’s Megan McArdle looks over Barack Obama’s economic plans and doesn’t like what she sees. Focusing on taxes she writes: As if those things [trade and labor law] weren’t enough, he wants to raise the capital gains tax. There is a reason that most [countries] tax capital lightly–actually several … More

    Free Trade Fact of the Day

    Writing in the Wall Street Journal, Cato Institute’s Daniel Ikenson examines how nations can still increase free trade despite yesterday’s collapse of the Doha Round WTO talks: As Doha negotiations sputtered for seven years, the WTO reports that annual global trade flows have increased 70%, to $14 trillion. UNCTAD reports … More

    Time to End Fannie and Freddie

    President Bill Clinton’s Secretary of the Treasury Lawrence Summers and Heritage don’t always agree. But few experts seem to be satisfied that the new regulator for Freddie Mac and Fannie Mae will be enough to address the systemic risk Fannie and Freddie pose to our financial system. Summers wrote in … More

    Socialism, Not Capitalism, to Blame for High Oil Prices

    More than 75% of the world’s oil reserves are controlled by national oil companies. Of the world’s top 20 oil-producing firms, 14 are state-run. Those areas where private companies have been able to drill have recently been shrinking, and remaining private companies are facing hostile governments that may try to … More

    Morning Bell: Big Government Claims Two Victims

    Sen. Ted Stevens (R-Alaska), who once threatened to resign if Congress stripped funding for the infamous Bridge to Nowhere, was indicted yesterday on seven felony counts for failing to disclose gifts from an Alaskan firm. Meanwhile, across the Atlantic in Geneva, international talks aimed at ushering in a new era … More

    Nuclear News in Russia and Japan

    Some developments on nuclear energy from around the globe. Putin’s Nuclear Push: Russian Prime Minister Vladimir Putin stressed the need for nuclear power in his country at a meeting in Elektrostal, outside of Moscow. Part of his plan is to dedicate $42 billion in public spending toward building Russia’s nuclear … More

    Domestic Oil Production: Even a Little More Could Mean a Lot

    Critics of expanding domestic oil drilling into currently restricted areas such as the Arctic National Wildlife Refuge (ANWR) and the 85% of our territorial waters that are off-limits often dismiss the extra energy as a “drop in the bucket” — too small to ever make much difference in the global … More

    Tankosphere Today: July 29, 2008

    Obama Wants America to Be More Like Europe…While Much of Europe Is Trying to Be More Like America – The Market Center Blog Obama Wants America to Be More Like Europe…While Much of Europe Is Trying to Be More Like America. American collectivists admire Europe’s welfare states, even though living … More

    Don’t Be Fooled Again by the Anti-Nuclear Crowd

    A few alleged design hiccups and supposed cost increases in Westinghouse’s new AP1000 nuclear reactor have so-called public interest groups calling for the reactor to be taken off the table. Claiming that escalating costs and half-baked design ideas will result in a failure to build the reactors, environmental group Friends … More