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  • Monthly Archives: September 2011

    Commercially Viable = Can’t Get Financing?


    Maybe the Department of Energy (DOE) would lend me money to buy lottery tickets. For the tickets that win, I’ll pay them back their dollar (plus $0.001 for a week’s interest). For those that lose, well, that just happens in this sort of business. They have to expect losses. That’s … More

    Obama's Attack on Big Oil: Fair Share or Targeted Tax Hike?

    Aug. 17, 2011 - Atkinson, Iowa, U.S. - President Barack Obama speaks during a Town Hall Meeting at Wyffels Hybrids Inc. in Atkinson, Illinois Wednesday August 17, 2011

    President Obama says he wants big corporations, including oil companies, to pay their “fair share” in taxes. His deficit reduction plan includes eliminating what he calls special loopholes and subsidies for oil and gas companies—despite the fact that they’re not specific to the oil and gas industry but the broader … More

    Somaliland: A Reliable Partner in Combating Piracy


    Piracy off the Horn of Africa increases every year due to constant instability in the region. In 2008, 111 vessels were attacked. Since the beginning of 2011, there have already been 188 attacks. Every year worldwide piracy costs the shipping industry billions of dollars in rerouting, ransoms, and many other … More

    Why Hugo Chavez Will Not Be Missed at the United Nations


    Five years ago, Venezuela’s Hugo Chavez woke up the somnolent delegates to the United Nations General Assembly with his rude and undiplomatic President George W Bush is the Devil speech. This week, when the General Assembly meets in New York City and the focus falls upon President Obama and other … More

    Top 10 Reads: September 20, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe FACT CHECK: Are rich taxed less than secretaries? – Stephen Ohlechmacher, Associated Press Billionaire Backer Disputes Charges That Company Sought White House Help to Influence Testimony – James Rosen, FoxNews.com … More

    How America's Youth Can Fight Unemployment and U.S. Debt


    According to a new poll issued by Generation Opportunity and The Polling Company, Inc./WomanTrend, America’s young adults are looking at a bleak future as the unemployment rate remains at 9.1 percent. The poll indicates that almost three-quarters of young Americans ages 18 to 29 will postpone important life events associated … More

    Medium Extended Air Defense System: A Next Good Step


    Last week, the Senate Appropriations Committee decided to accept the Pentagon’s request for Medium Extended Air Defense System (MEADS) funding, which will allow the system to enter its “Proof of Concept” phase. The committee’s decision came because costs associated with the termination of the program are at least as high … More

    Does Supply Create Demand?

    John Maynard Keynes

    Which comes first: supply or demand? This question has serious policy implications, especially as President Barack Obama proposes $447 billion in additional stimulus spending in order to try to spur job growth in America. “Demand-siders,” also known as Keynesians (after influential economist John Maynard Keynes), insist that short-run economic fluctuations … More

    House and Senate Cloakroom: September 19 – September 23, 2011

    Unofficial Seal of the US House of Representatives

    House Cloakroom: September 19 – September 23 Analysis: The two major items on the House floor this week with be the Continuing Resolution and the TRAIN Act.  The Continuing Resolution would provide funding for the government through November 18th as Congress continues work on an appropriations package for the remainder … More

    Washington in a Flash: Barack's Buffett Bloviating


    Driving the conversation: No part of President Obama’s newly-unveiled deficit reduction plan has attracted more attention than the so-called “Buffett Rule” – mentioned in yesterday’s WIAF – which would bar individuals making more than a million dollars from paying a smaller share of their income in taxes than middle income … More