“We are the United States of America, we are not Sweden.” U.S. Treasury Secretary Timothy Geithner, March 23, 2009. “The Swedish state is not prepared to own car factories.” Swedish enterprise minister Maud Olofsson, March 22, 2009. “Today, Treasury Secretary Tim Geithner and National Economic Council (NEC) Director Larry Summers …
Do you eat, sleep or pray? If so, then the Obama Administration wants to monitor, regulate and tax you. According to federal records only published yesterday, this past Friday the Environmental Protection Agency submitted a proposed rule to the White House that finds carbon dioxide to be a danger to …
Courtesy of Lord Christopher Monckton: I warn this honorable House that any proposal to inflict billions of dollars of new taxation on all citizens by charging selectively-disfavored industries for arbitrarily-rationed permits to emit a harmless and beneficial trace gas that is necessary to all life on Earth and has little …
According to an official communiqué issued by the Venezuelan government, Senator [sic] William Delahunt, a “friend of Venezuela,” according to Foreign Minister Nicholas Maduro, found time this week to slip away from Congress and spend two and half hours in closed-door conversations in Caracas with Venezuela’s controversial President Hugo Chávez, …
Via Greg Mankiw, Bentley University professor Scott Sumner writes on efficient-markets hypothesis (EMH): So the anti-EMH argument for regulation must be based on the following: bankers are irrational and make lots of foolish loans. Regulators are rational and can see that these loans are too risky, and can protect bankers …
Heritage senior fellow James Carafano recently traveled to the U.S.-Mexico border and filed a series of reports which will be featured here throughout the week. What goes on across the border matters to the Pima County Sheriff Department. Any of the smuggling cartel war that spills over the border falls …
