Regulating Away Improvement – Adam Smith Institute The bailouts are getting bigger. The rescue of US mortgage giants Freddie-Mac and Fannie-Mae is hailed as the largest bailout in history. On our side of the Atlantic we saw the similar, but smaller, rescue of Northern Rock… Lehman Bankruptcy: In Capitalism, Failure …
September 17 is Constitution Day. On this date in 1787, 39 of the original 55 delegates to the Constitutional Convention signed the document that would eventually be ratified and enshrined as our fundamental law. Recently, many have observed the relative decline of civic knowledge among American citizens, and have taken …
Few members of Congress come to Washington to fight corrupting earmark spending. Usually new members come to Capitol Hill with the best intentions to help their constituents as best as they can … often including directing as much federal money as possible back to their district. Rep. John Kline (R-MN) …
This summer the Environmental Protection Agency (EPA) set in motion the process for regulating greenhouse gas emissions under the Clean Air Act (CAA). Their Advanced Notice for Proposed Rulemaking is only a fist step, but the breadth of their desired reach is truly frightening. This month the U.S. Chamber of …
For most Americans, there are 100 shopping days left until Christmas. But for the special interests in Washington, there are only 10 shopping days left with Congress tentatively set to adjourn for the year on Sept. 26. One would hope the financial turmoil on Wall Street would give legislators pause …
The Outer Continental Shelf presents a tremendous opportunity to expand domestic oil and natural gas production with little or no downside. Extra energy is badly needed, and the risk of producing it has been greatly reduced. Over the past few months, high energy prices have shifted the tide in favor …
