[youtube]http://www.youtube.com/watch?v=cgZSddWJ0X0[/youtube] 15 Republican Senators went on camera to ask Sen. Reid to act now on high gas prices. They’re sending a strong message that while Reid avoids the issue, Senate Republicans know Americans are hurting and are asking Democrats to join us so the Senate can act now. The answer …
This Wednesday, government-sponsored entity Freddie Mac announced that it lost $2.8 billion in just the last quarter alone from foreclosures and other related expenses. Both Freddie, and its sister Fannie Mae, are at the core of the recent housing finance crisis. Freddie and Fannie help finance 40% of all U.S. …
After twenty-two years of political struggle, Brazil is pushing forward with its nuclear power program and plans continue work on a third reactor. Brazil’s two reactors provide approximately three percent of Brazil’s electricity while hydroelectric provides 92%. The Brazilian government hopes to have the third reactor operational when they host …
Today, Environmental Protection Agency Administrator Stephen Johnson denied Texas its requested waiver of the ethanol mandate. While a disappointment, the decision was not unexpected as the Bush administration continues to defend its ethanol policy and argue that its adverse economic impacts are minor. In any event, the real answer is …
Manhattan Institute senior fellow Steven Malanga looks at a new Development Counsellors International survey of corporate executives and notes: More than four in ten of [the CEOs] have ranked New York as the worst state to do business in–second only to California in unfavorable mentions. The most common gripes included …
Debunking myths about the supposed harm free trade inflicts on U.S. manufacturing, Cato Institute’s Daniel Ikenson notes: While the rest of U.S. manufacturing has recovered, Michigan’s manufacturing economy remains stagnant. Real GDP growth between 2005 and 2006 in Michigan ranked dead last among the 50 states. Meager manufacturing value-added growth …
Kudos to the Milwaukee Journal Sentinel. Last month the paper asked each member of Wisconsin’s congressional delegation to explain how he or she would solve the long-term Social Security and Medicare funding shortfall. Their responses claimed two and a half pages of editorial space in the July 13 issue. It’s …
