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  • Monthly Archives: July 2008

    Energy Policy for the Long Haul

    Though still facing an uphill fight in the current Congress, the recently introduced American Energy Act is an important bill because it keeps up the pressure for sensible steps to bring down high energy prices. Regardless of its chances for success in 2008, this bill’s pro-energy provisions – opening up … More

    Free Trade Fact of the Day

    United States secretary of defense Robert Gates and Colombia minister of defense Juan Manuel Santos write in The New York Times today: The dramatic rescue of 15 hostages this month by Colombia’s special forces underscored how far Colombia has progressed — with the strong support of the United States — … More

    Law and Order in Blue State America

    On June 22, Tony Bologna and his four sons were driving home to San Francisco from a family picnic in Fairfield. When Bologna inadvertently blocked an intersection with his Honda Civic, he tried to reverse his car so that a gray-blue Chrysler could get by. When Bologna did not move … More

    Desperate Times Do Not Call for Speculative Measures

    Faced with mounting public consensus for more domestic energy production, liberals in Congress are desperate to pass anything that they can claim will lower energy prices (well they will pass anything as long as it doesn’t include actually producing more energy). Yesterday Senate Democrats passed a bill to stop “excessive, … More

    Take Those CBO Numbers with a Grain of Salt

    There is tons of terrible stuff in the housing package currently working through Congress. But the Congressional Budget Office (CBO) scoring of the bill should be taken with a grain of salt. Remember: The $25 billion estimate is a best guess based on inadequate data and covering a period of … More

    DHS Needs a Stronger Congressional Partner

    Congress has often criticized the Department of Homeland Security for its short comings, however in many ways Congress itself is to blame. When DHS was created 22 agencies and almost 200,000 people were pulled together into one entity. However, despite the 9/11 Commissions recommendation that congressional oversight should be consolidated, … More

    Morning Bell: Putting 'Deliberate' Back in 'Deliberative Body'

    On Sunday the New York Times profiled Diane McLeod, a 47-year-old single mother working two jobs, who by her own admission acknowledges she spent too much money shopping to make herself feel better without reflecting on how it would impact her future. Commenting on reader reaction to the article, former … More

    Nuclear Energy: Learning from the French

    Skyrocketing gas prices and rising energy demands have policymakers considering some of the same bad policies of the 1970s. Chief among these are windfall profits taxes, setting price controls on oil and using subsidies to pick winners and losers. The French, on the other hand, took a different approach in … More

    Tankosphere Today: July 22, 2008

    Who Pays Income Taxes – Government Bytes Have you been wondering whether the richest taxpayers in America paid their fair share of income taxes in 2006? Well, you’re in luck. The IRS has released data showing that the percentage of income taxes paid by the top 1% of filers increased … More

    Free Trade Fact of the Day

    Luis Rubio looks at NAFTA from Mexico’s perspective in the Latin Business Chronicle: NAFTA was the result of a new economic strategy. Above all, however, it represented a major political shift. Instead of looking at the United States as the source of conflict and irritation, as it had historically been … More